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Adidas just achieved the unthinkable by overtaking Nike Jordans in USA sales

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According to Rovell, Adidas captured 11.3 percent of the market share from January 2017 through August 2017-a notable jump from its 6.6 percent in the same span a year ago. Nike Inc (NYSE: NKE ) has been the dominant player in the US athletic shoe market for decades, but an overseas rival has begun to put a serious dent in its market share. Read More »

Rahm, Rauner Sending Delegation to Amazon's Seattle Headquarters

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The tech giant said it would consider sites in metropolitan areas of at least one million people with access to public transit, major highways and global airports. In case Bezos, the owner of the rival Washington Post newspaper, didn't pick up today's New York Times, Freeman-Wilson also tweeted a copy of the ad to him. Read More »

Post Holdings to buy Bob Evans Farms for $1.53B

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Public Employees Retirement System of OH now owns 3,610 shares of the restaurant operator's stock valued at $259,000 after buying an additional 29 shares in the last quarter. Overall, volume was down 12.52% under the stocks normal daily volume. In other Bob Evans Farms news, SVP Thomas Alan Ashworth sold 7,100 shares of the stock in a transaction that occurred on Thursday, June 22nd. Read More »

Sprint Corp surges on reports of T-Mobile merger talk

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Sources told CNBC both carriers and their parents, Deutsche Telekom and Softbank, are in active talks about a stock-for-stock merger, with T-Mobile parent Deutsche Telekom emerging as the majority owner. The deal would have to be approved by the Department of Justice, and that would mean a lengthy review process during which time a million different things can change. Read More »

Bank Stocks Getting a Lift on Higher Rates

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However the US central bank could give indications on when it plans to begin unwinding its balance sheet, as well as on any future interest rate decisions. Michael Kors KORS.N rose about 2.56 percent after Oppenheimer upgraded the stock to "outperform" from "perform". Prime Minister Shinzo Abe is considering calling a poll for as early as next month to take advantage of his improved approval ratings and disarray in the main opposition party, according to government and ruling party sources. Read More »

Walgreens gets regulator's nod to buy Rite Aid stores

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Vanguard Group Inc. now owns 69,985,653 shares of the pharmacy operator's stock valued at $5,480,577,000 after purchasing an additional 1,926,108 shares during the period. Walgreens Boots Alliance has a 52-week low of $75.18 and a 52-week high of $89.69. ( NASDAQ WBA ) traded up 0.61% during trading on Monday, hitting $83.00. Read More »

Tesco Outperforms Rest Of 'Big Four' In UK: Kantar Worldpanel

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In contrast, the British public spent nearly GBP4.0 million on cold treatments in August, nearly double that spend in August 2016. Tesco's recovery continued with sales up 2.7 per cent, although its market share was squeezed by 0.3 percentage points to 27.8 per cent, while Sainsbury's market share fell 0.2 percentage points to 15.7 per cent. Read More »

United States markets open at record highs

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Shares of the major banks Bank of America, Morgan Stanley and Citigroup were up more than 1 percent. Last week, the blue-chip Dow rose 2.16 percent, and the broader S&P 500 was up 1.58 percent, while the tech-heavy Nasdaq rallied 1.39 percent. Read More »

Wall Street Started on a Stronger Note on September 18

At 12:33 p.m. ET (1633 GMT), the Dow Jones Industrial Average was up 78.77 points, or 0.35 percent, at 22,347.11, the S&P 500 was up 5.67 points, or 0.22 percent, at 2,505.9 and the Nasdaq Composite was up 26.97 points, or 0.42 percent, at 6,475.44. Read More »

Fed rate hike remains uncertain after Harvey, Irma

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European stocks are expected to slip modestly at the start of trading Tuesday as global investors pull back from record highs ahead of the first day of the U.S. The Bank of Japan is widely expected to maintain its massive asset buying campaign at a meeting on Thursday . While the Fed has lifted interest rates three times since December, 10-year yields have fallen as expectations for faster inflation and fiscal stimulus from the Trump administration proved to be short-lived. Read More »

Maria 'rapidly intensifies' to major hurricane

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The initial intensity of Maria has been increased to 140 knots (about 160 mph), making Maria a potentially catastrophic category 5 hurricane . The storm's peak winds were around 75 miles per hour and expected to remain at that intensity before gradually weakening on Wednesday. Read More »

Ryanair publishes cancelled flights list after pilot holiday chaos

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There is a clause in the aviation regulations which says the airline does not have to pay compensation if there are exceptional circumstances behind the cancellation and the airline has taken all reasonable steps, but the Commission said that clause does not apply in the case of flights cancelled because of the leave issue at Ryanair . Read More »

BoE Governor Says Brexit is Inflationary

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Brexit is a unique experience compared to what we have been used to seeing over the last 50 years. The change in the BoE's guidance has prompted two of Britain's "Big Four" banks - HSBC and Barclays - to forecast higher United Kingdom interest rates as soon as the BoE's November meeting. Read More »

Heat on Koeman as Everton's EPL slide continues

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Ronald Koeman's side were still threatening an equaliser when former Everton striker Romelu Lukaku set up Mkhitaryan to sidefoot United's second after 83 minutes. We are not in a transfer period and on the day we played Liverpool that affected us. Sterling or Aguero? Who will score a goal? "We don't look at our opponents, we stay focused on us". Read More »

Equifax executives subject to criminal probe

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Lawmakers, state attorneys general and several regulators are scrutinizing the breach that compromised the privacy of 143 million USA consumers, according to Equifax statements . Visit MarketWatch.com for more information on this news. Thousands of consumers also had financial data like credit card numbers and dispute documents accessed. Read More »

Federal Reserve widely expected to hold interest rates steady this week

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On the geopolitical front, U.S. President Donald Trump makes his first address before the United Nations on Tuesday as foreign leaders gather in NY to discuss how to deter North Korea from developing nuclear arms top of the agenda. STRONG DEFENSE: Aerospace manufacturer Orbital ATK soared 20.4 percent after agreeing to be acquired by Northrop Grumman. Contracts on the Kospi index rose 0.1 percent and those on Australia's main gauge were up 0.3 percent. Read More »

The Equifax Breach and 5 Years of Missed Warning Signs

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Put a credit freeze on your credit report . Equifax said that its United Kingdom systems hadn't been impacted by the attack by information on those affected here may have been because of a process failure in 2016, which meant that some United Kingdom data was stored on the U.S. Read More »

US Oil Prices Rise Above $50

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This is similar to what the EIA had expected at some point earlier this year and is well above the weak 1.3 million barrels per day in growth that the IEA had anticipated as recently as May of this year for the whole of 2017. Contrary to the widely held assumption at the beginning of 2014 that these shale producers needed oil prices of at least US$60 to US$90 per barrel to survive, depending on the reservoir, as it now stands many of them in the best locations require much lower pricing both ... Read More »

Navy fires 2 commanders in connection with ship collisions

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Williams was the commander of Task Force 70, which includes the aircraft carriers, destroyers and cruisers in the 7th Fleet, and Bennett was commander of the destroyer squadron. On Tuesday, the Senate Armed Services Committee is scheduled to hold a hearing looking at the recent Navy accidents at sea. Navy commanders have approved numerous waivers to expiring certifications of standards, such as seamanship, Moran told the Seapower and Projection Forces Subcommittee of the House Armed ... Read More »