Nike warns on soft sales, increased promotions

Retail shocker: Nike (NKE) warns on soft sales, high promotional activity. (00:26) Cytokinetics (CYTK) soars amid report of Novartis (NVS), AstraZeneca (AZN) takeover interest. (02:35) Government opens investigation into frequent flyer programs. (03:12)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: Rocket Lab, NetEase, Nike and moreNine buy-rated stocks in the Communication Services sector - CitiBecton, Dickinson in $85M settlement over failure to disclose defects with infusion pumpsDOJ says Ultragenyx to pay $6M to resolve Medicare claims allegationsSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.