NEW YORK (CNNMoney)
The Dow Jones Industrial Average, S&P 500 and Nasdaq were mostly flat . The Dow and S&P were a tad lower while the Nasdaq was slightly higher. But there were still many high-profile companies making news. Here's what you need to know before you take off early on this summer Friday.
It's the shoes: Nike (NKE) and sneaker store chain Finish Line (FINL) both gained in early trading after the companies each reported earnings and sales that surpassed Wall Street expectations.
Nike said in its earnings report that the best news is coming out of Europe, with 18% sales growth. And with all the focus on the World Cup in Brazil, it should come as no surprise that sales from the company's soccer segment were also up sharply.
Shares of Nike rival adidas (ADDDF) and Finish Line competitor Foot Locker (FOOT) also rose slightly after the market opened.
Related: Retailers score with $90 World Cup jerseys from major sports brands
BNP pares dividend: The Wall Street Journal is reporting that BNP Paribas (BNPQF), the French banking giant that's nearing a $9 billion settlement with the Justice Department, will be cutting its dividend by an unspecified amount because the payment will hurt its balance sheet. The Paris-listed shares of the bank rose a bit on the news.
Barclays (BCS), another big European bank in the spotlight because of a dark pool-related lawsuit from the New York Attorney General, is treading water after yesterday's 6.5% drop.
Related: NY Attorney General says Barclays failed to investors about "predators" in its dark pools
International markets: Asian stocks finished the day mixed, with Chinese and Indian stocks closing slightly higher. European markets were up in afternoon trading as well.
First Published: June 27, 2014: 9:58 AM ET
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