Shares of Nike Inc fell nearly 2 percent on Thursday, a day after a sneaker worn by an emerging basketball star split in half shortly into a hotly anticipated game between Duke University and North Carolina.
Nike Inc shares rose 8% on Friday, after the company's solid quarterly results eased worries that escalating trade tensions between Washington and Beijing would weigh on China demand and hurt the group's growth.
Kohl’s Corp shares slumped as much as 12 percent on Tuesday after the department store operator forecast full-year earnings largely below estimates, blaming rising shipping costs and higher holiday discounts.
The “Pink Legacy”, a diamond weighing just under 19 carats, fetched a record 50.375 million Swiss francs ($50 million), purchased by U.S.-based luxury jeweler Harry Winston, Christie’s said on Tuesday.
A pink diamond weighing in at almost 19 carats is set to go on tour before being auctioned in Geneva and could fetch a record price of between $30 million (£23 million) and $50 million, Christie’s announced on Tuesday.
Estee Lauder topped expectations for quarterly profit on Wednesday but investors were worried about slowing U.S. sales as fewer shoppers visit department stores where the company sells a bulk of its products.