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Stock Market & Financial Investment News

News Breaks
March 7, 2014
17:25 EDTFL, NKEFoot Locker still undervalued after run-up, Barron's contends
After reporting better-than-expected Q4 earnings and seeing its shares rise 7%, Foot Locker (FL) is still undervalued, Barron's said, due to the company's close relationship with Nike (NKE), its international growth prospects, and its balance sheet. Barron's also speculated that investors could see a boost in Foot Locker's dividend, which currently yields 2.1%. Reference Link
News For FL;NKE From The Last 14 Days
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February 5, 2016
08:26 EDTFLFoot Locker coverage assumed with a Neutral at Credit Suisse
Target $70.
January 26, 2016
06:30 EDTFLFoot Locker added to US 1 List at BofA/Merrill
BofA/Merrill added Foot Locker (FL) to the US 1 List and said Nike's (NKE) innovation in casual athletic should support solid comps. Additionally, Foot Locker will likely receive favorable allocations from Nike given Under Armour's focus and momentum in the mall channel.

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