01 October 2022


Nike earnings beat, but stock falls as margins take hit due to markdowns in inventory-clearing effort (5)
Published: Sept. 29, 2022 at 4:41 p.m. ET By Bill Peters 'Ongoing supply chain volatility' was 'partially offset by strong consumer demand during the quarter,' executives disclose Prior to Nike Inc.'s results, analysts were focused on the impact of the stronger dollar, China's COVID-19 restrictions and potential increases in discounting.
Tanak leads at New Zealand Rally, Rovanpera up to fourth (3)
Author: AFP Update: 30.09.2022 07:45 Estonia's Ott Tanak held a narrow lead after Friday's stages at the New Zealand Rally / © AFP Ott Tanak held a slender overnight advantage at the New Zealand Rally after winning two of Friday's six stages while overall championship leader Kalle Rovanpera moved up to fourth in his bid to seal the title this weekend. Estonia's Tanak clocked the fastest overall time of one hour, 36:48.6
European shares rise; set to end painful Sept quarter lower (2)
The market has been under pressure since the Russia-Ukraine war earlier this year jolted the region and sent gas prices soaring (Shutterstock) September 30, 2022 12:05 BENGALURU: European stock indexes climbed on Friday, the last trading session of a painful quarter, hit by worries about the impact of aggressive policy tightening measures by central banks on economic growth and corporate earnings, according to Reuters.
Bounce In Futures Fizzles As Dollar Surge Returns (1)
by Tyler Durden Friday, Sep 30, 2022 - 12:10 PM If yesterday markets made little sense, when the dollar and yields slumped yet stocks and other risk assets tumbled alongside them in a puzzling reversal of traditional risk relationships (a move which was likely precipitated by the plunge in AAPL and KMX), today things are a bit more logical with the dollar initially extending its slide helping futures rise
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