Nike Slips as Jefferies Cuts on Consumer Squeeze, China Woes
(Bloomberg) -- Nike Inc. faces a risk from slower spending by US consumers saddled with student loan debt, in addition to ongoing headwinds in China, according to Jefferies analysts.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapIndia-Canada Clash Should Be a Wake-Up CallCostco Offers Members $29 Online Health Care VisitsChinese Gold Buying Is Driving a Paradigm Shift in BullionPo
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