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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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July 21, 2014
10:31 EDTFLHigh option volume stocks:
High option volume stocks: EZPW LCI STLD SIAL FL OREX CROX NIHD EXTR BBT
July 16, 2014
13:18 EDTFLFoot Locker Q2 sales and comps tracking ahead of Street, says ITG Research
ITG said Foot Locker's Q2 sales and comps are tracking ahead of Street expectations.
11:14 EDTFLFoot Locker weakness a buying opportunity, says Sterne Agee
Sterne Agee said weakness in last weeks basketball sales at Foot Locker was the result of the shift of the Jordan launch by one week and that basketball and other sales remain healthy.
July 15, 2014
09:29 EDTNKECorning names Nike CFO Donald Blair to board
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July 14, 2014
08:01 EDTNKEManchester United reaches agreement with Adidas
Manchester United (MANU) has reached a ten year agreement with Adidas (ADDYY) for a global technical sponsorship and dual branded licensing deal for a minimum guarantee of GBP750M, subject to certain adjustments, beginning with the 2015-2016 campaign. For the 2014-2015 season, Nike (NKE) will continue in its role of technical sponsor and trademark licensee.
July 11, 2014
09:11 EDTFLFoot Locker to benefit from current trends, says Sterne Agee
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July 10, 2014
08:10 EDTNKEMorgan Stanley's Vintage Values 2015 list selected
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06:42 EDTNKENike ends deal with Manchester United, NY Times reports
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