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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
News For ADDYY From The Last 14 Days
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January 23, 2015
06:23 EDTADDYYadidas to sell Rockport to entity formed by Berkshire Partners, New Balance
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January 14, 2015
06:32 EDTADDYYAdidas wants to gain traction in U.S. market with endorsement deals, WSJ reports
In a move to gain traction int he U.S. market, Adidas is planning to increase endorsement deals with professional football and baseball players in the U.S. in the next few years, The Wall Street Journal reports. Adidas North American President Mark King says the German sportswear maker's U.S. arm has approval to sign up to 250 NFL players and 250 MLB players over the next three years, up from a total of less than 40 right now. Reference Link

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