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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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April 27, 2015
08:21 EDTFL, NKEBofA/Merrill retail/consumer analysts hold analyst/industry conference call
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April 24, 2015
10:00 EDTNKEOn The Fly: Analyst Downgrade Summary
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06:45 EDTNKENike downgraded to Hold from Overweight at HSBC
HSBC downgraded Nike to Hold and lowered its price target to $104 from $107. The firm said Nike's valuation remains impressive but believes estimates are unlikely to move significantly higher given FX impact and downgraded shares due to valuation.
April 21, 2015
10:27 EDTFLFoot Locker announces partnership with PENSOLE
Foot Locker announced that they have entered into a collaboration with PENSOLE Footwear Design Academy to invest in the next generation of footwear by fostering innovation and creativity in the classroom. Foot Locker and PENSOLE will partner with ASICS Tiger on their first initiative this summer.
April 15, 2015
10:00 EDTNKEOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Tower (AMT) upgraded to Outperform from Neutral at Macquarie... Ameriprise (AMP) upgraded at Morgan Stanley... Builders FirstSource (BLDR) upgraded to Buy from Neutral at Sterne Agee... China Telecom (CHA) upgraded to Outperform from Market Perform at Bernstein... China Unicom (CHU) upgraded to Outperform from Underperform at Bernstein... Discover (DFS) upgraded to Overweight from Neutral at JPMorgan... EV Energy (EVEP) upgraded on asset sale at RBC Capital... GoPro (GPRO) upgraded to Overweight from Neutral at Piper Jaffray... Intel (INTC) upgraded on valuation at RBC Capital... Nike (NKE) upgraded to Overweight from Neutral at Piper Jaffray... Nokia (NOK) upgraded to Market Perform from Underperform at Bernstein... Rice Energy (RICE) upgraded to Buy from Neutral at Goldman... Staples (SPLS) upgraded to Buy from Hold at BB&T... Team (TISI) upgraded to Buy from Hold at BB&T... Ulta Salon (ULTA) upgraded to Overweight from Neutral at Piper Jaffray.
April 14, 2015
16:25 EDTNKEPiper upgrades Nike to buy following survey of teens
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16:06 EDTNKENike upgraded to Overweight from Neutral at Piper Jaffray
April 13, 2015
08:32 EDTNKEUnder Armour rises after Spieth brings attention to golf gear
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