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Adidas set for solid Q2 results as sales and margins stay strong
Investing.com -- Adidas (ETR:) is expected to post strong second-quarter results for fiscal 2025, with sales, margins, and earnings maintaining momentum despite a tough year-over-year comparison, according to analysts at Morgan Stanley (NYSE:) in a recent preview note. The brokerage raised its forecast for Adidas’ group organic sales growth in Q2 to 9.5% year-over-year at constant currency, up from the prior 7.7% estimate and ahead of the 9.1% consensus forecast from Visible Alpha.
Alperen Sengun agrees to 5-year extension with Rockets
The Houston Rockets are securing their young stars for the long-term. After extending Jalen Green, the Rockets have also reached an agreement with Alperen Sengun on a 5-year contract extension worth $185 million. The new deal includes a player option in the last year, making Sengun the first player since Luka Doncic and Trae Young to sign a 5-year rookie extension with a player option.
Corey Kispert secures four-year contract extension
Corey Kispert, the Washington Wizards' promising forward, has reached an agreement on a four-year contract extension worth $54 million according to Shams Charania. Team: Washington Wizards Position: SF Age: 25 Height: 201 cm Weight: 200 kg Birth place: Washington, United States of America Kispert, who was drafted 15th overall in the 2021 NBA Draft, has shown steady growth since joining the league.
Jalen Suggs signs five-year extension with Magic
Orlando Magic guard Jalen Suggs has officially agreed to a five-year rookie contract extension worth $150.5 million, according to Shams Charania. Team: Orlando Magic Position: PG, SG Age: 23 Height: 193 cm Weight: 93 kg Birth place: Minnesota, United States of America Suggs' new contract comes on the heels of a standout season, where he was recognized for his defensive prowess as a member of the 2024 NBA All-Defensive Team.
Jalen Green signs three-year extension with Rockets
Jalen Green of the Houston Rockets has signed a three-year, $106 million rookie contract extension. The deal includes a player option in the third season, enhancing Green's earning potential in the future Credit: USA TODAY Sports via Reuters Connect/Scanpix Houston Rockets guard Jalen Green has reached an agreement on a three-year contract extension worth $106 million, as reported by Shams Charania.
Crvena Zvezda's president ejected amid tensions in Zvezda's win
Crvena Zvezda triumphed over Buducnost 75-73 in a heated ABA League encounter marked by significant disruptions. The match saw Zvezda's president, Zeljko Drcelic, ejected after confronting referees and fan insults aimed at Nemanja Nedovic's wife. Credit: kkcrvenazvezda In a tightly contested battle, Crvena Zvezda MeridianBet edged out Buducnost VOLI 75-73 in the fifth round of the ABA League, but the game was overshadowed by significant controversies.
Adidas Eurocamp set for 2025 return in Treviso
Adidas has announced the return of Eurocamp for 2025, scheduled from May 31 to June 2 in Treviso, Italy. The event will once again bring together top international basketball prospects, scouts, and NBA personnel Credit: Adidas Eurocamp OCTOBER 21, 2024 – TREVISO, ITALY adidas Basketball announces the 18th edition of Adidas Eurocamp, the elite showcase highlighting the talents of top draft-eligible prospects.
Abrdn hits 12-month high as investors buy into turnaround story
By Geoffrey Smith Investing.com -- Shares in Abrdn (LON:) hit a 12-month high on Tuesday after the asset manager promised to keep shareholder returns up despite outflows and poor portfolio performance that drove it to a loss last year. Abrdn said it will keep total shareholder payouts, comprising dividends and buybacks, at around last year's level of £600 million (£1=$1.211), with asset disposals expected to keep the company's cash levels adequate.
Exclusive-UK's Rolls-Royce small nuclear program to run out of cash by end-2024
© Reuters. FILE PHOTO: The logo of Rolls-Royce is pictured at the World Nuclear Exhibition (WNE), the trade fair event for the global nuclear community in Villepinte near Paris, France, June 27, 2018. REUTERS/Benoit Tessier By Susanna Twidale LONDON (Reuters) - Britain's said its 500-million-pound small modular nuclear reactor programme will run out of cash by the end of 2024, risking development of technology the government has said could boost energy security and reach climate targets.
Market is turning? January saw the largest ESG inflows in 14 months - BofA
By Senad Karaahmetovic According to Bank of America analysts, global ESG bond funds attracted $7.1 billion in January, which marks the highest monthly inflow since November 2021. ESG inflows accounted for 10% of total inflows, analysts added. In the United States, ESG bond funds attracted a monthly inflow of $867M in January after recording outflows of $757M in December 2022.
French court rejects lawsuit brought against TotalEnergies on Uganda pipeline project
Stock Markets 31 minutes ago (Feb 28, 2023 14:11) © Reuters. FILE PHOTO: The logo of French oil and gas company TotalEnergies is seen on an oil tank at TotalEnergies fuel depot in Mardyck near Dunkirk, France, January 16, 2023. REUTERS/Benoit Tessier PARIS (Reuters) - A French court ruled on Tuesday that a lawsuit against oil major TotalEnergies (LON:) over its controversial oil projects in Uganda and Tanzania was inadmissible.
These Analysts Revise Price Targets On Workday Following Q4 Results
Terms And Conditions Privacy Policy Risk Warning Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Exclusive-French sugar beet area to shrink to 14-year low, growers say
© Reuters. FILE PHOTO: A farmer sows sugar beet at sunset in the village of Haynecourt near Cambrai, France, March 26, 2022. REUTERS/Pascal Rossignol By Sybille de La Hamaide PARIS (Reuters) - The French sugar beet crop area is set to fall to a 14-year low this year despite high prices, with farmers deterred by potential crop damage because of pesticide restrictions, the head of beet growers group CGB said on Tuesday.
JD Sports and Adidas set for a 'year of two halves', says JP Morgan
Stock Markets 38 minutes ago (Feb 28, 2023 11:10) © Reuters JD Sports and Adidas set for a 'year of two halves', says JP Morgan Proactive Investors - "A year of two halves" for European sportswear companies and JD Sports, according to JP Morgan. Analysts at the bank said the first half would be characterised by “material gross margin pressure", while a stronger second half would be supported by an accelerated recovery in China.
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