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Stock Market & Financial Investment News

News Breaks
March 5, 2014
06:03 EDTADDYYAdidas warns that political uncertainty create 'considerable risk,' FT reports
Adidas CEO Herbert Hainer has warned that the political uncertainty in Ukraine and the fall in the Russian rouble are creating "considerable risk" for the company, the Financial Times reports. Hainer says the company is likely to suffer negative effects from the turmoil. Reference Link
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September 15, 2014
07:28 EDTADDYYAdidas pressured for faster turnaround by big stakeholders, WSJ says
In meetings with Adidas representatives, large shareholders have put pressure on the company to accelerate its turnaround and discussed the possible removal of the company's longtime CEO Herbert Hainer, according to The Wall Street Journal, citing people familiar with the matter. Reference Link

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