Fund managers skittish over Levi's long-term growth prospects

Fund managers skittish over Levi’s long-term growth prospects

[ad_1] NEW YORK (Reuters) – Levi Strauss & Co’s is betting it can convince investors there is still plenty of global growth left for the 165-year old company, but fund managers fret the iconic blue jeans maker’s stock may be too pricey to generate a decent return. FILE PHOTO: Levi Strauss & Co. CEO Chip […]

Skeptical Dem donors tell Biden they will not raise funds for him

Skeptical Dem donors tell Biden they will not raise funds for him

[ad_1] Several top Democratic donors have told former Vice President Joe Biden that they won’t help him raise funds in the early stages of the party’s 2020 presidential primary, CNBC has learned. Their reason: skepticism that Biden actually can win the Democratic primary. Biden, who has yet to announce whether he will run, has reached […]

Wall Street rises as Apple, tech shares climb

Wall Street rises as Apple, tech shares climb

[ad_1] NEW YORK (Reuters) – An Apple-led tech rally pushed Wall Street higher on Thursday as jitters over the Federal Reserve’s forecast of an economic slowdown were calmed by upbeat economic data. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019. REUTERS/Brendan McDermid […]

Nike misses North America revenue estimates, shares drop

Nike misses North America revenue estimates, shares drop

[ad_1] The Nike swoosh logo is seen outside the store on 5th Ave in New York, New York, U.S., March 19, 2019. REUTERS/Carlo Allegri (Reuters) – Nike Inc missed North American quarterly revenue estimates on Thursday amid higher spending on new products and online initiatives, sending its shares down 3 percent in extended trading. Quarterly […]

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