Individuals stroll by a Nike retailer in New York.Spencer Platt | Getty ImagesCheck out the businesses making headlines in noon buying and selling. Nike — The sportswear maker slid greater than 5% after the corporate reported a shock loss for the fourth quarter as gross sales slumped 38% year-over-year. Nike misplaced 51 cents per share, in contrast with analyst expectations of a 7-cent revenue per share. Income additionally got here up brief as shops closed amid the pandemic.Hole — Shares of the retailer soared greater than 28% after it introduced a partnership with musician Kanye West. West’s Yeezy design studio will design clothes strains for Hole, and the primary merchandise are anticipated in 2021, in accordance with a press launch.Goldman Sachs, JPMorgan, Wells Fargo — Bank stocks fell throughout the board on Friday after the Federal Reserve mentioned it was banning buybacks and capping dividends for big monetary firms and would require them to resubmit payout plans later this 12 months. Shares of Goldman Sachs dropped 7.2%, whereas JPMorgan fell 4.9%. Wells Fargo, which is seen by many Wall Street analysts as prone to reduce its dividend, misplaced 6.4%.Mattress Tub & Past — Shares of the retailer jumped 8% on Friday after Bank of America mentioned Buybuy Child’s enterprise value may very well be equal to almost all the present enterprise value of Mattress Tub & Past. Bank of America — which has a purchase ranking on Mattress Tub & Past — hiked its price goal to $14.50 per share from $12.50 per share.Fb — Fb shares sank about 5% in noon buying and selling after Verizon joined a rising group of firms which have introduced they’re pulling promoting on the corporate’s platforms. The transfer lends help to a boycott marketing campaign accusing the social media large of not doing sufficient to cease hate speech on its platform.Harley-Davidson — The bike maker’s stock dropped 5.5% in noon buying and selling on Friday after it mentioned is eliminating 140 U.S. jobs following its choice to regulate manufacturing amount. Ninety jobs will probably be reduce at Harley’s York, Pennsylvania, plant, whereas 50 jobs will probably be reduce at its facility in Tomahawk, Wisconsin.Virgin Galactic — Virgin Galactic stock gained 1.7% after its second profitable glide flight of its spaceship over Southern New Mexico, with pilots flying the ship at sooner speeds than in the course of the preliminary flight. The corporate mentioned that after it completes a knowledge overview, it may “begin making ready for the following stage” of its flight testing program: Full rocket-powered take a look at flights.— With reporting from CNBC’s Maggie Fitzgerald, Jesse Pound and Pippa Stevens.