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Stock Market & Financial Investment News

News Breaks
June 9, 2014
07:06 EDTDKSGolf spending decline likely reflected in Dick's guidance, says Wells Fargo
After Channel Advisor reported that golf category sales weakened materially in April/May, Wells Fargo thinks the weakness is likely reflected in Dick's guidance. The firm thinks that Dick's can meet lowered FY14 expectations, and it believes that recent insider buying suggests that the stock's weakness may be overdone. The firm keeps an Outperform rating on the shares.
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July 23, 2014
06:25 EDTDKSDick's Sporting cuts 400 PGA golf instructors, WSJ reports
Over 400 PGA of America members who were employed as golf instructors at Dick's Sporting Goods have been notified this week that they are being laid off, the Wall Street Journal reports. Reference Link

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