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1112 days ago

Nike dominates the sneakers world

Athletic footwear, which also goes by the name of sneakers, is worn pretty much everywhere now and is not anymore limited to sporting activities. Total footwear sales amounted to $23 billion in 2020 for Nike, placing the company in first place, in front of Adidas, Puma and Under Armour. 

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Nike dominates the sneakers world

1113 days ago

Amazon is the #1 clothing retailer in the US

E-commerce giant Amazon recently became the #1 US clothing retailer, with over $41 billion worth of apparel sold in 2020. Walmart is now second.

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Amazon is the #1 clothing retailer in the US

1113 days ago

General Motors soaring after years in the box

The stock price of General Motors is soaring, after more than 5 years in the 30-45 price range. Now above $61.

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General Motors soaring after years in the box

1113 days ago

A near record-high percentage of global fund managers stated in a recent BofA survey that they were overweight equities

Institutional investors are mirroring the same enthusiasm for exposure to common stocks as their retail counterparts. Is there too much complacency in the market? Source: BofA

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Global equity allocations by Fund managers based on BofA survey

1113 days ago

National Grid exits the gas market

National Grid declared today that it was exiting the gas market, turning entirely towards "net zero" carbon and green energy through a flurry of deals totaling £18 billion. This is certainly one of the most dramatic UK corporate shift we have seen in the energy sector. They will be selling their gas operation (PPL) as part of a deal to buy UK's largest electricity distributer: Western Power Distribution. In the end, the proportion of its electric assets will rise from 60% to 70%.

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National Grid exits the gas market
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