Nike shares jump 2% after Morgan Stanley predicts a big rally ahead on new sneakers

It has been a difficult year for Nike shareholders. But now a prominent Wall Street firm is saying the company’s financial results will improve and investors should buy the shoe maker’s stock. Morgan Stanley analyst Jay Sole believes Nike sales will rise...

Amazon’s latest assault wipes $13 billion off Home Depot, other appliance seller stocks

Shares of Home Depot and Lowe’s were slammed Thursday, along Whirlpool, after Amazon threatened to take on the appliance market in a much bigger way in a deal with Sears Holdings. The market cap loss in Home Depot, Lowe’s, Whirlpool and Best Buy was...