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Nike beat expectations, and its shares rose 8 percent in after-hours trading. Nike brand revenue rose 10 percent excluding currency fluctuations, growing everywhere but China and Japan. Growth from other brands, including Converse, Nike Gold and Hurley rose 9 percent....

by Massimo Gatto Romans knew that the timetable for the papal conclave would be a quick one when the three sets of vestments prepared for the new pontiff—in small, medium, and large sizes—had already disappeared from the display window of Gammarelli, the ecclesiastical tailors, on Friday,...