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RenesolaMission: We are focused on improving production efficiency. We are also continually developing new product lines to provide additional value to our portfolio of green energy offerings Recent News: 1. STAMFORD, Conn., April 8, 2021 /PRNewswire/ -- ReneSola Ltd. ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it closed the sale of an approximately 10 MW portfolio of solar development projects to Greenbacker Renewable Energy Company ("Greenbacker"). The sale continues a successful track record in North America. This sale will positively contribute to 1Q 2021 results and was not in the original first quarter guidance. 2. STAMFORD, Conn., April 1, 2021 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it closed the sale of a portfolio of projects originally disclosed on January 8, 2021. The projects are in Hungary and were sold to Obton, a leading international solar investment company headquartered in Aarhus, Denmark. The sale closed on March 19, 2021. 3. STAMFORD, Conn., March 25, 2021 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today disclosed the sale of two ground-mounted solar parks in Romania totaling 15.4 MW to Alternus Energy Group plc, a pan-European Independent Power Producer (IPP). The sale closed in December 2020 and will be reflected in fourth quarter 2020 results. Payment of €24 million was received this week. What do you think? Like, Follow, Agree, Disagree!
NYSE:SOLLong
by Redimere_91
6
BYD CompanyCan Trade under: BYDDY - Foreign OTC (Expect ADR Fees) BYDDF- Domestic OTC (Don't take this as law) Mission: Technological innovation for a better life During the daytime, solar farms capture the power of sunshine; at night, energy storage systems deliver power to families. Electric vehicles on the streets and SkyRail systems along green belts connect the city with zero emissions and zero pollution. We provide more possibilities for a better life. We see a new energy future approaching. This is the mission of BYD, and the green dream of all mankind. Recent News: 1. Alexander Dennis Limited (ADL) and BYD UK jointly announced today that ADL and BYD will commence the design and assembly of chassis for the BYD ADL partnership's electric single and double deck buses for the British market, ensuring completed vehicles are built in ADL's facilities in the UK. ADL is a subsidiary of leading independent global bus manufacturer NFI Group Inc. (NFI), while BYD is a global leader in batteries, energy management and electric mobility. 2. Bogotá, Colombia - BYD is proud to announce that it has exclusively won cumulative orders to supply 1,002-unit pure-electric buses to the capital of Colombia, Bogotá. This tender was open to all bus technologies, yet BYD won the trust and cooperation of its partners in the fiercely competitive bidding process thanks to its cutting-edge technologies, products and services. This is the largest order for pure-electric buses outside of China to date, which sets a new record in sales volume for the overseas pure-electric bus industry. 3. Hokkaido, Japan - On December 22, BYD and the three-time Japanese Series winners the Hokkaido Nippon-Ham Fighters (“Fighters”) jointly announced a strategic partnership agreement on transportation for the Hokkaido Ballpark F Village (“F Village”), which is slated to be opened in 2023. By 2023, F Village will also build a brand new baseball stadium known as "ES CON Field Hokkaido", which will also be the main training ground for the Hokkaido Nippon-Ham Fighters, a leading team in the Nippon Professional Baseball Pacific League. What do you think? Like, Follow, Agree, Disagree!
OTC:BYDDYLong
by Redimere_91
CNRG ETF Clean PowerKey Features: - The SPDR S&P Kensho Clean Power ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Clean Power Index (the “Index”) - Seeks to track an index utilizing artificial intelligence and a quantitative weighting methodology to capture companies whose products and services are driving innovation behind the clean energy sector, which includes the areas of solar, wind, geothermal, and hydroelectric power - May provide an effective way to pursue long-term growth potential by investing in a portfolio of companies involved in the transition to lower emission generating power supply Inception Date: October 2018 Performance: YTD: 4.19% 1 Year: 207.07% 3 Year: n/a (Inception Year 2018) 5 Year: n/a (Inception Year 2018) Annual Dividend Rate: - 0.63% Expense Ratio: - 0.45% Top Holdings: Renesola Ltd, Daqo New Energy Corp, Fuel Cell Energy, Sun Power Corp, TPI Composites, AES Corporation, Ballard Power Systems, Plug Power, Canadian Solar, New Jersey Resources Corp, Maxeon Solar Technologies, ALLETE Inc, General Electric Company, Arcosa Inc, Enphase Energy. *Not Financial Advice What do you think? Like Follow Agree Disagree!
AMEX:CNRGLong
by Redimere_91
ChevronMission: “believe in the power of human ingenuity to lead us to a brighter future.” The company has a well-defined approach of running its business, rested on two main features. As an energy company, Chevron recognizes the complexities of running the business. Recent News: 1. SAN RAMON, Calif.--(BUSINESS WIRE)--Apr. 7, 2021-- Chevron Corporation (NYSE: CVX) today announced its wholly-owned subsidiary Chevron U.S.A. Inc. (Singapore Branch) (“CUSA”) has signed a binding Sale and Purchase Agreement (SPA) with Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron’s global LNG portfolio to the Hokkaido area. Under the agreement, CUSA will supply Hokkaido Gas with about a half million tons of LNG over a period of five years starting April 2022. 2. Expectations: - Targets more than doubling return on capital employed by 2025 - Expects free cash flow to grow more than 10% per year by 2025 - Increases expected Noble synergies to $600 million, twice the initial estimate - Targets 35% carbon intensity reduction by 2028 3.Chevron Announces Agreement to Acquire Noble Midstream Partners: - Simplifies governance and corporate structure - Enables further integration in support of leading DJ & Permian positions - Transaction expected to close in 2Q 2021 What do you think? Like Follow Agree Disagree!
NYSE:CVXLong
by Redimere_91
Kimberly Clark Co.Mission: We are more than a maker of products Each day, around the globe, we're dedicated to inspiring each other and helping individuals experience more of what's important to them. It's why we bring together people who think differently to lead the world in the essentials for a better life. Key Brands: Our well-known global brands, including Andrex, Cottonelle, Depend, Huggies, Kleenex, Plenitude, Poise, Scott and U. 1. DALLAS, March 31, 2021 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) announced today that it is notifying customers in the U.S. and Canada of plans to increase net selling prices across a majority of its North America consumer products business. The increases will be implemented almost entirely through changes in list prices and are necessary to help offset significant commodity cost inflation. 2. NEENAH, Wis., March 3, 2021 /PRNewswire/ -- As a brand committed to downtherecare, Cottonelle® announced today its partnership with BLKHLTH®, a nonprofit organization that seeks to reduce the impact of racism on Black health through education and action. In its inaugural year, Cottonelle has committed a $750,000 donation to BLKHLTH with programming aimed to reach Black people with critical information about colorectal cancer, commonly known as cancer of the colon or rectum. Colorectal cancer is the second leading cause of cancer related deaths among Americans, with Black Americans having a 40 percent higher death rate compared to White Americans . However, if caught and treated early, colorectal cancer has a 90 percent survival rate. 3. Ramos joins Kimberly-Clark after 18 years with McKinsey. As a partner at McKinsey, Ramos advised some of the world's largest consumer goods companies on entry into new markets while optimizing business portfolios. Drawing on her extensive experience in Latin America and the United States, she has guided initiatives to accelerate growth and improve organizational effectiveness. Most recently, Ramos led the firm's global consumer health practice, and played a pivotal role in McKinsey's inclusion and diversity program. 4. Robert Long holds more than four decades of research and development, quality and innovation leadership within the consumer products goods industry. He joins Kimberly-Clark after a 17-year tenure with The Coca-Cola Company that included senior leadership roles across countries and sectors, culminating in his most recent role as Coca-Cola's Senior Vice President for Global R&D and Chief Innovation Officer since 2016. Long's experience also includes 25 years at Procter and Gamble where he led research and development for feminine care in multiple markets as well as detergents, cosmetics and coffee.
NYSE:KMBLong
by Redimere_91
Stocks To Watch This WeekThe Market seems like it is getting healthier, this week I expect the market to by choppy. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 32 total stocks on this list. I add an additional 4 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NASDAQ:PUBMLong
by Jtacher51
6
BTC intra day setups and overlook cam pivotsAlthough it should be mentioned the weekly closes soon and it will bring possibly a change of price action. the current levels and call to actions for the daily are here. could short H3 (stop at H4) targets L3 (and see if beyond) alternatively you could do the same on L3 if you already did could consider what to do soon before new york opens. and alternatively you could wait for H4 or L4 to break. enter on restest. Target the H5 or L5 with stoploss at the near level 3 respectively. Camarilla pivots daily levels.
by Gunslinger2005
2
Take Two InteractiveMission: THE FUTURE IS IN YOUR HANDS The interactive entertainment industry is today's most dynamic segment in all of entertainment. Creativity and innovation are among the core tenets of our organization and are integral drivers of our continued success. Recent News: 1. NEW YORK--(BUSINESS WIRE)--Mar. 16, 2021-- 2K made a hole in one today by announcing the Company has agreed to an exclusive, long-term partnership with Tiger Woods, one of the most iconic and celebrated figures in golf history. In addition, 2K announced it has entered into a definitive agreement to acquire privately-held HB Studios Multimedia Ltd., developers of the critically acclaimed and commercially successful PGA TOUR® 2K21, as well as The Golf Club franchise. The acquisition is expected to close in the first calendar quarter of 2021, subject to customary closing conditions. Financial terms of both deals were not disclosed. 2. NEW YORK--(BUSINESS WIRE)--Mar. 23, 2021-- 2K today announced the Company has acquired HookBang, LLC’s Austin-based video game division that will become part of Visual Concepts, the distinguished, wholly-owned studio and developer of the iconic NBA® 2K video game franchise. Financial terms were not disclosed. 3. Rockstar/2k Summer.... What do you think? Like Follow Agree Disagree
NASDAQ:TTWOLong
by Redimere_91
Credit Suisse Mission: The Credit Suisse Group purpose is at the core of everything we do. It underpins the value we create and has powered our progress for more than 160 years. It captures the essence of 'why' we exist as an organization. It motivates us when we come to work every day and serves as our North Star when we make decisions. Ultimately, it serves to define who we are and what we should be doing for our employees, clients and stakeholders. A revised code of conduct aligned to our new cultural values is available here: credit-suisse.com/codeofconduct Our strategy builds on Credit Suisse's core strengths: our position as a leading wealth manager with strong global investment banking capabilities and our strong presence in our home market of Switzerland. We seek to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets. We serve our clients through three regionally focused divisions: Swiss Universal Bank, International Wealth Management and Asia Pacific. These regional businesses are supported by an integrated global Investment Bank. What do you think? Like, follow, agree, disagree!
NYSE:CSLong
by Redimere_91
100 ways to read a chart Especially for beginners it can be very confusing to interpret a chart ... patterns, indicators, oscilators. SDMA, EMAs, Fibonacci. If you are interested, I would be happy to go into more detail about individual tools and setups, but today I will just give an overview of which tools and types of trade are available. Timeframe Trend trading months to years Swing trading days to weeks Intraday 1 day Scalping seconds-minutes Different markets Forex Stocks raw materials Indices Cryptocurrencies The main technical indicators Simple moving average (SMA) Exponential Moving Average (EMA) Stochastics Relative Strength Index (RSI) Commodity Channel Index (CCI) Moving Average Convergence / Divergence (MACD) Bollinger Bands (BB) Chart types Line chart Bar chart Candlestick Chart Point & Figure Chart Renko chart Three line break chart. Kagi Chart. Heikin Ashi Chart. Trade setups basic types Continuation Reversal Sideways Break out My personal preferences EW Algo's Pattern Price action EMA's MA's RSI MACD KDJ TAR Stoch BB Pitchfork Gan The world of finance is diverse. It is very important to choose a style that suits your psyche, preferences and the amount of time you want to spend. I would be grateful if you support my post whit likes and comments Have a nice trading day
Education
by TR7z
32
NIOMission: The future is in smart, electric and autonomous vehicles, and we aim to lead the way. Our Chinese name, Weilai, means Blue Sky Coming and this is represented in our symbol. The top is about the sky, openness, vision, the future. The bottom part is about the earth, direction, action and forward momentum. Blue Sky Coming is our guiding philosophy and stands for our commitment to a brighter tomorrow. News: 1. SHANGHAI, China, March 26, 2021 (GLOBE NEWSWIRE) -- NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today announces that the Company decides to temporarily suspend the vehicle production activity in the JAC-NIO manufacturing plant in Hefei for five working days starting from March 29, 2021 due to semiconductor shortage. 2. NIO delivered 7,225 vehicles in January 2021, a new monthly record representing a strong 352.1% year-over-year growth. The deliveries consisted of 1,660 ES8s, the Company’s 6-seater and 7-seater flagship premium smart electric SUV, 2,720 ES6s, the Company’s 5-seater high-performance premium smart electric SUV, and 2,845 EC6s, the Company’s 5-seater premium electric coupe SUV. As of January 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 82,866 vehicles. What do you think? Like, Follow, Agree, Disagree?
NYSE:NIOLong
by Redimere_91
IMAXMission: At the heart of the IMAX vision lie three qualities: a commitment to our customers and shareholders; a commitment to excellence; and a commitment to delivering the best entertainment experiences through new technologies. Recent News: 1.IMAX delivered a roaring international debut for "Godzilla vs. Kong," earning $12.4 million for the weekend across 891 screens in 40 markets worldwide. In a positive sign as the summer blockbuster season approaches, Warner Bros. and Legendary Pictures' epic kaiju clash scored the biggest opening weekend in IMAX for a Hollywood film since December 2019. 2. NEW YORK and SHANGHAI, Feb. 14, 2021 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) soared to its best-ever opening weekend for the Chinese New Year holiday, grossing $25 million through February 14 as the country kicks off its pinnacle box office period. Despite a continued capacity limitation of at least 75% across China, IMAX grew opening weekend box office a whopping 45% over its record-breaking 2019, when Chinese cinemas were last open for the holiday. 3. NEW YORK and SHANGHAI, March 9, 2021 /PRNewswire/ -- On the heels of a record breaking Chinese New Year, IMAX (NYSE: IMAX), IMAX China (HKSE: 1970) and Broadway announced an agreement of four new IMAX theaters across several iconic locations in downtown Shanghai, including One East, located in the heart of Huangpu Riverside, the first flagship property managed and operated by Brookfield Properties in Shanghai. What do you think? Like, Follow, Agree, Disagree?
NYSE:IMAXLong
by Redimere_91
FiskerMission: How we move through the world matters. At Fisker, we want to inspire you to move more beautifully, with greater consideration for all. It’s as simple as that, really. We aren’t here to add to the noise. Or to throw something on the ever-growing pile. We’re not even here to make just another EV. There’s plenty of companies doing that, frankly. No, we’re here to do something much, much harder. We’re here to weave emotion and sustainability into everything we make. We’re here to reimagine not only how we move through the world, but our place within it. Yeah, we go big. News: 1. Agilauto, a division of Crédit Agricole Consumer Finance in France, to offer Fisker Ocean through programs for Crédit Agricole Group employees and the private banking market, reinforcing company’s commitment to zero emission vehicles. 2. (Fisker) – designer and manufacturer of the world’s most emotion-stirring, eco-friendly electric vehicles and advanced mobility solutions – together with the Motor Press Guild (MPG), is pleased to announce the creation of the annual, Fisker-MPG Scholarship for Journalism which awards $1,500 to a college student pursuing a degree in journalism. Fisker Chairman and Chief Executive Officer, Henrik Fisker, made the announcement during an interview with MPG past President and board member, Amelia Dalgaard, at the MPG ‘Virtual Media Day. 3. (“Fisker” or the “Company”) – designer and manufacturer of the world’s most emotion-stirring, eco-friendly electric vehicles and advanced mobility solutions – today announced that the Company will redeem all of its outstanding warrants (the “Public Warrants”) to purchase shares of the Company’s Class A common stock, par value $0.00001 per share (the “Common Stock”), that were issued under the Warrant Agreement, dated Aug. 9, 2018 (the “Warrant Agreement”), by and between the Company (f/k/a Spartan Energy Acquisition Corp.) and Continental Stock Transfer & Trust Company, as warrant agent (the “Warrant Agent”), as part of the units sold in the Company’s initial public offering (the “IPO”), for a redemption price of $0.01 per Public Warrant (the “Redemption Price”), that remain outstanding at 5:00 p.m. New York City time on April 19, 2021 (the “Redemption Date”). Warrants to purchase Common Stock that were issued under the Warrant Agreement in a private placement simultaneously with the IPO are no longer outstanding and are not subject to this redemption. Let me know what you think? Like follow agree disagree?
FLong
by Redimere_91
Pershing Square HoldingsPershing Square Tontine Holdings, Ltd. (“PSTH”), a Delaware corporation, is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with a private company. PSTH’s sponsor is 100% owned by the Pershing Square Capital Management, L.P. (“PSCM”) funds. Bill Ackman is PSTH’s Chairman and CEO. He will work closely with the PSCM investment team and the other employees of PSCM to fulfill PSTH’s corporate mission. Mr. Ackman has spent 28 years in the investment management industry, the last 16 years as CEO of PSCM. PSTH has not yet selected any specific business combination target. PSTH intends to pursue merger opportunities with private, large capitalization, high-quality, growth companies. PSTH will use PSCM’s substantial experience in identifying, analyzing, and determining business quality and the sustainable competitive advantages of a target company, as well as PSCM’s due diligence and negotiation expertise in executing a transaction. PSTH will seek targets in four principal market segments: high-quality IPO candidates, mature unicorns, private equity portfolio companies, and family-owned companies. PSTH believes that its unique structure and willingness to acquire a minority interest in a company will help facilitate the completion of a transaction on attractive terms. I believe the first merger will be Stripe! Also heard that once the first merger is announced, a second PSTH "2" will be the next merger. What do you think? Like Follow, Agree, Disagree?
PLong
by Redimere_91
2
Virgin GalacticMission: Our mission – to be the spaceline for Earth – means we focus on using space for good while delivering an unparalleled customer experience. Through our work, we believe we can help inspire future generations and make it possible to see our beautiful home planet from a new perspective. Recent News: 1. Virgin Galactic today unveiled the Company’s first Spaceship III in its growing fleet, VSS Imagine. The spaceship showcases Virgin Galactic’s innovation in design and astronaut experience. Imagine also demonstrates progress toward efficient design and production, as Virgin Galactic works to scale the business for the long-term. VSS Imagine will commence ground testing, with glide flights planned for this summer from Spaceport America in New Mexico. 2. VSS Imagine will commence ground testing, with glide flights this summer Breakthrough livery design allows Imagine to mirror the surrounding environment as it moves from Earth to Space Manufacturing ramps up on next SpaceShip III in the fleet, VSS Inspire 3. Land Rover has announced a three-year extension to its global partnership with Virgin Galactic, the world’s first commercial ‘spaceline’. Virgin Galactic’s latest spaceship was unveiled today, supported by a Range Rover Astronaut Edition. Land Rover will remain an integrated part of Virgin Galactic’s day-to-day operations as the company completes test flights with ‘SpaceShipTwo’ and begins a regular commercial service. Land Rover vehicles are part of daily life for the Virgin Galactic team, with roles which include towing the space vehicles, carrying equipment and clearing runways before take-off. They played key roles during the company’s first two spaceflights which saw Virgin Galactic become the first private company to fly humans to space on a spaceship designed for commercial service. A fleet of Land Rovers also supported Virgin Galactic’s relocation from its manufacturing and test facilities in Mojave, California, to Spaceport America in New Mexico – the world’s first purpose-built commercial spaceport. What do you think? Like Follow Agree Disagree!
NYSE:SPCELong
by Redimere_91
2
SnapchatMission: Snap Inc. is a camera company. We believe that reinventing the camera represents our greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. Recent News: 1. With a mosaic of communication tools, the Snapchat Generation believes they can help change the world. Over half (53%) believe they have the power to make social changes and contribute to activist movements using social platforms.9 Their fierce dedication to activism extends beyond social platforms as they vote with their dollars by engaging with and purchasing from brands that support their values. 2. The Snapchat Generation represents a new kind of shopper, one willing to immerse themselves in stories and experiences, and use the latest tech to their advantage. As a group, Snapchatters hold a whopping $4.4 trillion in global spending power.6 They’re willing to outspend non-Snapchatters on common purchases across every retail and service category. They consider big and small brands in equal measure. 1 in 2 say they like to learn the backstory of brands and products they buy.7 And they’re 3X more likely than non-Snapchatters to say they’re using AR more than they did last year to try on products.8 Brands that craft compelling narratives and cutting-edge experiences can forge a strong connection with this generation. 3. "2020 was a really strong year for us and we are thrilled with the momentum we're seeing. We reached more than 60 million users in India in Q4 20, with strengthening growth throughout the year, and see our community engaging across all parts of Snapchat -- from chatting to Discover content, using our Camera and getting creative with Lens Studio," Murugesan said. He added that augmented reality (AR) is revolutionising how people communicate, are entertained, learn and experience the world. Source: Snapchat newsroom Like Follow Agree Disagree
NYSE:SNAPLong
by Redimere_91
AppleMission: Apple’s corporate mission is “to bring the best personal computing products and support to students, educators, designers, scientists, engineers, businesspersons and consumers in over 140 countries around the world.” Recent News: 1. Apple’s Independent Repair Provider program will soon be available in more than 200 countries, nearly every country where Apple products are sold. Launched originally in 2019 and expanded to Europe and Canada last year, the program enables repair providers of all sizes access to genuine Apple parts, tools, repair manuals, and diagnostics to offer safe and reliable repairs for Apple products. There are now more than 1,500 Independent Repair Provider locations serving customers across the US, Canada, and Europe. 2. Apple unveiled a new self-paced professional learning offering, Apple Teacher Portfolio, to help educators bring creativity to every lesson and any subject, no matter where learning happens. Apple is also providing updates across its Schoolwork and Classroom apps and the popular Everyone Can Create curriculum, which take advantage of the latest features of iPad and Apple apps. 3. Apple’s newly completed renewable projects, part of the company’s planned $4.7 billion Green Bond spend, are bringing clean energy to local communities while reducing carbon emissions. In 2020, Apple funded 17 Green Bond projects that will avoid an average of 921,000 metric tons of carbon emissions annually, which is equivalent to removing nearly 200,000 cars from the road. The projects will generate 1.2 gigawatts of renewable energy globally, with Apple adding over 350 megawatts of newly installed renewable energy over the last year in Nevada, Illinois, Virginia, and Denmark. Apple’s Green Bond issuances are among the largest in the private sector. -Source: apple newsroom Let me know what you think! Like Follow Agree Disagree!
NASDAQ:AAPLLong
by Redimere_91
2
NikeNIKE, INC. IS A GROWTH COMPANY. We create innovative, must-have products. We build deep, personal connections with consumers. And we deliver an integrated marketplace with compelling retail experiences. “NIKE continues to deeply connect with consumers all over the world driven by our strong competitive advantages,” said John Donahoe, President & CEO, NIKE, Inc. “Our strategy is working, as we accelerate innovation and create the seamless, premium marketplace of the future. I’ve never been more confident in our leadership and teams to operate with agility in a dynamic environment.”** Our third quarter revenue performance was impacted by disruption related to the COVID-19 pandemic, particularly in North America and EMEA. North America revenues declined 11 percent on a currency-neutral basis, largely driven by global container shortages and U.S. port congestion, which delayed the flow of inventory in the third quarter by more than three weeks, impacting timing of wholesale shipments, and partially offset by NIKE Direct growth of 15 percent. EMEA physical retail sales declined, as 45 percent of NIKE-owned stores experienced mandatory COVID-19 related closures for the last two months of the quarter, however this was partially offset by digital sales, which increased 60 percent. Today, approximately 65 percent of stores in EMEA are open or operating on reduced hours. Greater China revenues increased 42 percent on a currency-neutral basis, which reflects strong double-digit growth versus the third quarter of fiscal year 2019 as we annualize the impact of COVID-19, as well as continued strong digital sales growth of 44 percent versus prior year. “NIKE's brand momentum is as strong as ever and we are driving focused growth against our largest opportunities,” said Matt Friend, Executive Vice President and Chief Financial Officer, NIKE, Inc. “We continue to see the value of a more direct, digitally-enabled strategy, fueling even greater potential for NIKE over the long term.”** -Source: nike website Let me know what you think? Like Follow Agree Disagree! Not Financial Advice. Not a Licensed Broker.
NYSE:NKELong
by Redimere_91
GBP USD SHORTPrice has came to retest a previous level of resistance in the market. Its appears we have had a fake out above this resistance level before seeing a bearish engulfing candle close back below this level. This also lined up with rejections at a key fib level. On lower time frames we will be looking for a break of the next level of resistance before considering shorts. If things develop how we planned and we take a set up, we will be targeting around the 1.368 level. Let me know what you guys think!
Short
by Geordiefx
2