Shows & Panels
- AFCEA Answers
- Ask the CIO
- The Big Data Dilemma
- Carrying On with Continuity of Operations
- Connected Government
- Constituent Servicing
- Continuous Monitoring: Tools and Techniques for Trustworthy Government IT
- The Cyber Imperative
- Cyber Solutions for 2013 and Beyond
- The Data Privacy Imperative: Safeguarding Sensitive Data
- Expert Voices
- Federal Executive Forum
- Federal IT Challenge
- Federal Tech Talk
- Mission-critical Apps in the Cloud
- The Modern Federal Threat Landscape
- The Path from Legacy Systems
- The Real Deal on Digital Government
- The Reality of Continuous Monitoring... Is Your Agency Secure?
- Veterans in Private Sector: Making the Transition
Shows & Panels
News Summary: Nike 1st-quarter net income falls
Thursday - 9/27/2012, 5:00pm EDT
(AP) - THE NEWS: Nike said Thursday that its fiscal first-quarter net income fell 12 percent as higher sales of its clothing and footwear brands was offset by higher costs and increased ad spending. Revenue rose 10 percent to $6.67 billion.
THE CONTEXT: Nike, like other consumer products makers, is facing high costs for materials and labor, as well as an uncertain economy in Europe and a slowdown in China. The company, based in Beaverton, Ore., has raised prices and cut costs in response.
WHAT'S NEXT: Futures orders _ those scheduled for delivery between September 2012 and January 2013 _ rose 6 percent.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)