@luv2trade:Nike shares are surging Wednesday after the sportswear company raised its revenue-growth outlook and reported a better-than-expected set of quarterly results. The company also said its inventory challenges are abating, although levels remain elevated. Nike's inventory was valued at $9.3 billion in the quarter ended Nov. 30, up 43% from the prior year. Nike shares recently stood about 13% higher. The stock had fallen 38% this year through Tuesday's close. The sportswear giant is the top gainer in the Dow industrials and the top contributor to the blue-chip index's gains Wednesday. Nike added roughly 90 points to the Dow, which is up around 500 points.  @Daily_Discussion 

@maricel:Q&M Dental Group (CSGCIMB Research) Tender win alleviates short-term pressure - Diagnostics arm Acumen has won a tender from the Ministry of Health (MOH) to operate a Joint Testing & Vaccination Center (JTVC), said Q&M. The tender, estimated to be worth S$3.6m in revenue, is for a period of 15 months, from October 2022 to December 2023. - Upgrade from Hold to Add, with TP unchanged at S$0.44, as current valuation of 15x forward P/E (-2 s.d. below 5-year mean) looks attractive. Acumen likely to return to profitability in FY23F Q&M estimates a revenue contribution of S$3.6m from the operation of the JTVC, which will commence on 21 Nov 22. We have yet to incorporate the potential earnings impact as the contribution is less significant compared to an estimated contribution in e