Thu, March 20, 2025

by: CNBC

Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence

In a conference call with analysts, finance chief Matt Friend said Nike expects its sales decline in the fiscal fourth quarter, which is set to end in May, to be at the "low end"

by: TipRanks

Tianjin Lisheng Pharmaceutical Reports 2024 Financial Results and Dividend Proposal

Tianjin Development Holdings ( ($HK:0882) ) has shared an update. Tianjin Development Holdings Limited announced the audited financial results for
Fri, March 21, 2025

by: Tuko

Time for Govt to Introduce Credit/debit Cards, Curb Excess Travel and Other Expenditures

Kenya loses millions of shillings through exaggerated claims, double payments, and outright ghost expenditures linked to per diems and travel allowances.

by: CoinTelegraph

Eric Trump joins Metaplanet's strategic board of advisers

Bitcoin-stacking firm Metaplanet has appointed US President Donald Trump's son Eric to its newly established strategic board of advisers to further Metaplanet's mission to become a "global leader in the Bitcoin economy.

by: Kiplinger

Is Your Cryptocurrency Safe? How to Shield Digital Assets

Creditors, hackers and frivolous lawsuit filers could be coming for your cryptocurrencies. These essential estate planning and asset protection strategies could help.

by: Mint

Is pre-closing your personal loan a smart move? Pros and cons explained

Pre-closing a personal loan can save interest and improve credit scores, but it may involve pre-closure charges, liquidity issues, and opportunity costs. New RBI guidelines on floating-rate loan prepayment charges may offer relief going ahead.

by: Cryptopolitan

Maker RWA, BlackRock BUIDL, Ethena USDtb, and Ondo Finance TVL surpasses $4 billion

by: Fortune

DOGE's plans for social security are back door way to cut payments, experts and former official warn: 'This is the most serious threat I've ever seen to it'

Elon Musk's government efficiency team, DOGE, is taking aim at Social Security, claiming fraud while pushing controversial changes.

by: WTOP

Fuddruckers makes its Chinatown return thanks to a local entrepreneur

Fuddruckers, the burger chain that almost went out of business during the pandemic, made its return to D.C.'s Chinatown this week.

by: MoneyWeek

How to protect your pension from the chancellor's inheritance tax changes

Pension savings will form part of inheritance tax calculations from 2027 and many retirees are already taking steps to avoid charges now

by: MARCA

What does dismantling the Department of Education mean, and how does it impact student loans?

by: Variety

Vine Alternative's CEO James Moore on Village Roadshow's Bankruptcy, the Legal Fight With Warner Bros., and What's Next for the Company Behind "The Matrix' (EXCLUSIVE)

While the fate of Village Roadshow, the prominent producer and financier of films such as "The Matrix" and "Joker" which filed for Chapter 11 in the U.S. earlier this week, is up in the air, Vine Alternative Investments,

by: CCN

NatWest Is OpenAI's Third Major Banking Partner, Follows UK Bank Layoffs and Bank Closures

by: Newsweek

Democrats Face Singular Question at Voter Town Halls: Where's the Fight?

At town halls across the country, constituents have confronted Democratic lawmakers with anger at what they see as a lack of organized opposition to the Trump agenda.

by: Yahoo

Area experts walk potential first-time home buyers through the process

Mar. 21—"Every one of us works for you. If you don't like what we are doing, you can fire us." — Juli Rasmussen, Country Financial MOSES LAKE — How to facilitate a first home purchase was the topic of a seminar in Tuesday.

by: AOL

Disney investors reject anti-DEI proposal after company sheds some diversity programs

Disney becomes the fourth prominent example this year of investors pushing back against anti-DEI proposals at big American companies.

by: People

Margo Price and Husband Jeremy Ivey 'Have Somehow Beaten All the Odds': 'We Made It'

Margo Price knows that she always has a partner she can rely on in her husband, Jeremy Ivey. The renowned musician, 41, tells PEOPLE that she and Ivey, 47, whom she married in 2008, have "somehow beaten all the odds" as a couple.

by: Forbes

Trump Says Student Loans Will Be Managed By Small Business Administration, Not Education Department

P resident Donald Trump said Friday the Education Department would no longer handle the federal government's student loans, school nutrition and special needs programs,

by: MarketWatch

Trump's plan to move student loans to the Small Business Association would be 'incredibly messy,' experts warn

The move, which is likely to face legal challenges, is part of the administration's plan to shut down the Department of Education.

by: CNBC

Social Security chief reverses stance, says he won't shut agency because judge barred DOGE from records

A federal judge's order may require the agency to terminate access for all employees to its IT systems, acting commissioner Lee Dudek told Bloomberg.

by: Forbes

New Scams Are Out And Active. Here Are Some Ways To Stay Wary And Safe

Whether it's the latest phishing scam hitting your email or a faked video of Warren Buffett offering stock tips, someone is trying to scam you.

by: CNBC

Stock volatility poses an 'opportunity,' investment analyst says. Here's why

The U.S. stock index briefly touched correction territory last week. Investors can take advantage of such selloffs by buying stocks at a discount, financial experts say. Investors should be mindful of their overall stock/bond allocations when doing so.

by: AOL

Trump says the Small Business Administration is taking over student lending. Experts say it's illegal.

President Trump announced on Friday that he plans to move management of the federal student loan program to the Small Business Administration, a major step in his effort to dismantle and possibly shut down the Department of Education.

by: Insider

Cashing a Check Without a Bank Account: Your Options

Explore how to cash a check without a bank account using alternative methods to access your funds, from check-cashing services to retail outlets.

by: Moneycontrol

Manappuram Finance shares jump 10% to record high after Rs 4,400 crore deal with Bain Capital

The deal will be executed through a preferential allotment of equity shares (9.29 crore equity shares at Rs 236 per share) and warrants, after completion of which, Bain Capital will be classified as a joint promoter of the company.

by: Fortune

Elaine Chao on the Trump Administration: 'What you all want is certainty and you're not going to get it'

Good morning. Get used to tariff chaos—and don't expect any resolution soon. At Fortune 's CEO Initiative dinner in New York this week, the general consensus among the leaders on stage and filling the room was that this trade war could last well beyond 2025. Here were some other topline takeaways from three speakers in attendance.

by: Forbes

10 Reasons Business Credit Should Be A Priority For Small And Medium-Sized Businesses In 2025

He specializes in helping SMEs access credit and capital. Over the years, I've had the privilege of working with countless small and medium-sized business owners, and one thing that always surprises me is how many of them underestimate the power of building strong business credit.

by: cnbctv18

Manappuram Finance shares hit a record high after Bain Capital deal; Analysts see further upside

It must be noted that shares of Manappuram Finance are in the Futures and Options (F&O) ban, which means no new positions can be created in the stock in today's trading session.

by: AOL

Wendy's CEO on thick-cut bacon, egg prices, and AI-powered drive-throughs for 2025

Just past his one-year mark as Wendy's ( WEN) CEO, Kirk Tanner is leaning on more than square burgers to add some sizzle to the 55-year-old restaurant chain's stock price.

by: Insider

MoneyLion Instacash Review 2025: Pros, Cons, and Alternatives

Read our MoneyLion Instacash review to discover how this feature provides no-interest cash advances in 2025. Explore its benefits, fees, and user experience.

by: Moneycontrol

Manappuram Finance shares jump 3% as Bain Capital set to buy 18% stake for Rs 4,385 crore

The deal will be executed through a preferential allotment of equity shares (9.29 crore equity shares at Rs 236 per share) and warrants, after completion of which, Bain Capital will be classified as a joint promoter of the company.

by: Forbes

The Rise In Business Bankruptcies: Key Trends And Steps For Leaders

Incorporating strategic initiatives and strong financial planning is the best way to navigate a competitive market and protect your business in difficult times.

by: Moneycontrol

Neutral Manappuram Finance; target of Rs 240: Motilal Oswal

Motilal Oswal recommended Neutral rating on Manappuram Finance with a target price of Rs 240 in its research report dated March 21, 2025.

by: cnbctv18

Manappuram Finance shares gain after Bain Capital deal; Analysts see stock at ?270

It must be noted that shares of Manappuram Finance are in the Futures and Options (F&O) ban, which means no new positions can be created in the stock in today's trading session.

by: Insider

Tesla 'armageddon,' a 'legion' of Optimus robots, and no mention of DOGE: 5 takeaways from Elon Musk's surprise all-hands

"So what I am saying is, 'Hang on to your stock,'" Musk told employees in the Texas Gigafactory.

by: Reuters

Argentina suspends Telecom's purchase of Telefonica unit

Argentina's presidential office on Friday said it issued a preventive measure to suspend Telecom's acquisition of Telefonica's local unit, claiming the pending merger could lead to excessive market concentration.

by: cnbctv18

Manappuram Finance shares have more upside in store? Analysts project after Bain Capital deal

It must be noted that shares of Manappuram Finance are in the Futures and Options (F&O) ban, which means no new positions can be created in the stock in today's trading session.

by: Moneycontrol

Gold price surges come and go, stick to a 10-15% allocation

It's important to maintain a consistent gold allocation and avoid getting carried away by high returns, which might tempt one to invest more than necessary

by: Insider

Crypto.com Review 2025

Dive into our Crypto.com 2025 review and explore Crypto Baskets, crypto options, and non-custodial wallet. Find out if Crypto.com is right for you.

by: Forbes

Cocoa: Rising Prices, Trade Opportunities And The Future Of Chocolate

For now, traders can ride the wave of cocoa's bull market, but the long-term implications for consumers and the industry are far less sweet.

by: Reuters

BMO changes some mortgage rules for steel, aluminum business owners due to trade war

Canada's Bank of Montreal has changed some terms of its mortgage process for steel and aluminum business owners, a memo sent to its brokers shows, as U.S. tariffs stoke uncertainties in the industry.

by: Insider

Tesla 'armageddon,' a 'legion' of Optimus robots, and no mention of DOGE: 5 takeaways from Elon Musk's livestream

Elon Musk held an all-hands meeting with Tesla employees at the Texas Gigafactory on Thursday night. The meeting, which was held on short notice, was livestreamed on X. Tesla typically holds its all-hands meetings during regular work hours.

by: Insider

FedEx warns of 'continued weakness and uncertainty' in the US industrial economy

FedEx revised its outlook downward saying that soft demand from business customers is likely to hamper earnings this year.

by: Reuters

JPMorgan makes changes to its diversity programs, memo says

JPMorgan Chase Chief Operating Officer Jenn Piepszak said the bank was making some changes to its Diversity, Equity and Inclusion programs and the language it uses to describe them in an effort to keep up with the market and changes in regulations,

by: Reuters

China's Bank of Communications 2024 profit flat, warns of margin pressure

China's Bank of Communications Co Ltd (BoCom) , reported a 0.9% rise in 2024 net profit, while warning of margin pressure and bad debt.

by: Insider

I'm a mom who feeds my family of 3 with $200 monthly and food bank hauls. Here are my top 2 tips for saving money on groceries.

Danielle Howard, 32, tells BI how she saves money on groceries with a $200 monthly budget and trips to her local food bank.

by: Reuters

Take Five: Tantrums and TIARAs

The first three months of 2025 promised to be bumpy, but few expected the world to be on the verge of a full-on trade war and for investors to be fleeing Wall Street quite so fast after U.S. President Donald Trump's return to the White House.

by: Reuters

Bain Capital to buy stake worth $508 million in India's Manappuram Finance

India's Manappuram Finance said on Thursday Bain Capital would invest 43.85 billion rupees ($508 million) to acquire an 18% stake in the gold loan provider at a time record prices of the precious metal has made its mortgaging appealing.

Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence

In a conference call with analysts, finance chief Matt Friend said Nike expects its sales decline in the fiscal fourth quarter, which is set to end in May, to be at the "low end"

Nike is set to announce its fiscal second-quarter earnings after the market closes, with Wall Street analysts anticipating a slight revenue increase to $13.4 billion, up 0.7% from last year, but a significant drop in earnings per share to $0.84, down 14%. This expected decline in earnings is attributed to several factors including a slowdown in demand, increased promotional activities, and a stronger U.S. dollar affecting international sales. Analysts are particularly focused on how Nike is managing its inventory levels, which have been a concern, and whether the company can maintain its gross margins amidst these challenges. Additionally, there's interest in Nike's direct-to-consumer sales strategy and any updates on their innovation pipeline, especially with the upcoming Paris Olympics potentially boosting sales. The stock has seen a 10% decline year-to-date, reflecting investor concerns over these issues.

Read the Full CNBC Article at:
https://www.msn.com/en-us/money/economy/nike-will-report-earnings-after-the-bell-here-s-what-wall-street-expects/ar-AA1BjZ09