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Wall Street Breakfast

Nike warns on soft sales, increased promotions

Retail shocker: Nike (NKE) warns on soft sales, high promotional activity. (00:26) Cytokinetics (CYTK) soars amid report of Novartis (NVS), AstraZeneca (AZN) takeover interest. (02:35) Government opens investigation into frequent flyer programs. (03:12)

Episode transcripts seekingalpha.com/wsb.

Show links:
Biggest stock movers today: Rocket Lab, NetEase, Nike and more
Nine buy-rated stocks in the Communication Services sector - Citi
Becton, Dickinson in $85M settlement over failure to disclose defects with infusion pumps
DOJ says Ultragenyx to pay $6M to resolve Medicare claims allegations

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Broadcast on:
22 Dec 2023