08:48 AM EDT, 03/21/2025 (MT Newswires) -- Nike's ( NKE ) fiscal Q3 results confirmed the too early to buy thesis, as much of the beat is timing related that should unwind in the next quarter based on the company's guidance, RBC said in a note Friday. Nike ( NKE ) is taking the right steps to clear marketplace inventory...

08:45 AM EDT, 03/21/2025 (MT Newswires) -- Manitoba's 2025 Budget maintains a largely intact consolidation path in its baseline, with an improved revenue outlook offsetting new spending, said Desjardins. The deficit is projected to dwindle rapidly from $794 million in fiscal year 2025-26 (FY2026) to achieve a surplus by FY2028, unchanged from the previous budget. However, there's a twist, noted...

SHANGHAI (Reuters) - Stellantis ( STLA ) and its Chinese partner Leapmotor consider Spain the top candidate to produce the B10 electric crossover for the European market from 2026, a person with direct knowledge of the matter said. The two companies have been looking for a site in Europe to produce the model which made its debut on the continent...

08:47 AM EDT, 03/21/2025 (MT Newswires) -- Xcel Brands ( XELB ) said Friday it will implement a 1-for-10 reverse stock split when trading opens on Tuesday. The company said its shares will continue to trade on Nasdaq under the symbol XELB. Xcel Brands ( XELB ) said the reverse stock split aims to help it regain compliance with the...