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Stock Market & Financial Investment News

News Breaks
December 5, 2012
16:35 EDTDKSDick's Sporting announces special cash dividend
The Board of Directors of Dick's Sporting Goods has declared a special cash dividend of $2.00 per share on the Company's Common Stock and Class B Common Stock, payable on December 28, to stockholders of record at the close of business on December 17. The special dividend payment, which is expected to be funded from the Company's excess cash on hand, is in addition to the previously announced quarterly dividend of 12.5c per share payable on December 28, to stockholders of record at the close of business on November 30.
News For DKS From The Last 14 Days
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September 16, 2014
07:24 EDTDKSDick's Sporting announces retirement of president and COO Joseph Schmidt
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September 9, 2014
10:10 EDTDKSOn the Fly: Analyst Downgrade Summary
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05:55 EDTDKSDick's Sporting downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded Dick's Sporting Goods to Market Perform citing the recent rebound in shares and its data for August which indicates golf equipment sales continue to be weak. Wells also believes Disk's is near peak sales productivity and that the shift to ecommerce will lead to lower margins. The firm dropped its price target range for shares to $43-$46 from $47-$50.

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