European shares fall as investors digest earnings deluge; Adidas sinksEuropean shares fell on Wednesday, weighed down by bank stocks, as corporate earnings took centre stage ahead of a packed schedule, which i...
30 Jul, 2025, 01.48 PM IST
European shares dip as investors weigh mixed corporate earningsEuropean stocks dipped on Thursday as investors digested mixed corporate results, while the mood remained wary amid a changing U.S. tone ar...
24 Apr, 2025, 01.34 PM IST
Nike shares jump as Ackman's return sparks turnaround hopesNike shares increased by nearly 4% with investor optimism over billionaire William Ackman's renewed stake of 0.19%. Ackman, who has a histo...
16 Aug, 2024, 07.54 AM IST
European shares slide as tech stocks weighEuropean shares tumble as ASML's weak forecast triggers third day of losses, while fears of strict U.S. trade rules loom.
17 Jul, 2024, 03.47 PM IST
Lululemon sinks 17% as annual forecasts disappointNike shares fell 8% as it plans to focus on trendier sneakers, while Lululemon Athletica dropped 17% due to declining demand for premium at...
22 Mar, 2024, 11.11 PM IST
Nike forecast cut sends sportswear stocks 12% down as spending stumblesThat sent shares of rivals Adidas and Puma down roughly 5% each, with Lululemon down 2% and Under Armour down about 6% before the bell.
22 Dec, 2023, 09.29 PM IST
Puma sticks to full-year profit forecast despite drop in Q3 earningsPuma's operating profit was 236.3 million euros ($252.3 million) for the third quarter, down from 257.7 million a year earlier. Still, the ...
24 Oct, 2023, 01.20 PM IST
European shares slip as Middle East fears, ASML weighASML Holding dropped 3.7% as the semiconductor equipment maker warned of flat sales in 2024, after reporting third-quarter earnings in line...
18 Oct, 2023, 01.00 PM IST
European shares head for biggest weekly losses in two monthsThe pan-European STOXX 600 index declined 0.6% by 0709 GMT, with travel & leisure and technology stocks falling the most. Oil & gas stocks ...
06 May, 2022, 02.41 PM IST
Adidas to sell Reebok to US firm Authentic Brands GroupAdidas bought Reebok in 2006 but announced that it would offload the brand in February this year after struggling to lift the brand's fortu...
12 Aug, 2021, 09.53 PM IST
Earnings lift European stocks to all-time highs ahead of BoE decisionDanish company Novo Nordisk rose 4.1% after it raised full-year outlook and posted above-forecast quarterly earnings on strong sales and de...
05 Aug, 2021, 02.33 PM IST
European stocks extend recovery ahead of PMIs; Adidas jumpsThe German DAX rose 1%, with Puma and Adidas up over 4% after U.S. sportswear maker Nike reported strong earnings and forecast better-than-...
23 Sep, 2020, 02.50 PM IST
European shares hit record high on drop in new virus cases, hopes of China stimulusDialog Semiconductor, STMicroelectronics and AMS AG, were among the top performers on the day.
19 Feb, 2020, 11.12 PM IST
Adidas' global profits hit by Rs 870 crore on Reebok India irregularitiesAdidas did not reveal the nature of the irregularities, only saying these occurred before 2012 and were being investigated.
01 May, 2012, 06.24 AM IST
- Adidas finds 'irregularities' in Indian arm
Adidas revealed that it is investigating certain unexplained "commercial irregularities" at it Indian arm, Reebok India.
30 Apr, 2012, 08.18 PM IST
- Adidas raises 2010 earnings per share forecast
Adidas has raised its earnings per share outlook after a strong Q2 thanks to 2010 FIFA World Cup.
04 Aug, 2010, 12.11 PM IST
- Adidas 4Q profit jumps 151 pct on improved sales
German sportswear giant Adidas AG said on Wednesday its fourth quarter net profit jumped 151 per cent on improved sales, a better tax rate ...
04 Mar, 2009, 05.30 PM IST