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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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October 19, 2014
20:07 EDTADDYYInvestor group planning $2.2B offer for Adidas' Reebok business, WSJ says
A group of investors from Hong Kong and Abu Dhab are putting together a deal to buy Reebok from Adidas, says the Wall Street Journal. The investors plan to offer Adidas $2.2B for its Reebok business, added the Wall Street Journal. Reference Link
October 8, 2014
12:46 EDTADDYYAdidas names Parkin Chief HR Officer to succeed Malessa
Adidas appointed Karen Parkin as Chief HR Officer effective November 1. Karen Parkin succeeds Matthias Malessa, who left the company at the end of July. Currently, Karen Parkin is responsible for the global supply chain function within the company. Jan Brecht, CIO of Adidas, will take on this function from November 1, in addition to his responsibilities as CIO. Reference Link

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