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Stock Market & Financial Investment News

News Breaks
November 13, 2012
07:35 EDTFLFoot Locker recommended ahead of Q3 results at UBS
UBS maintains its above consensus Q3 EPS estimate of 55c for Foot Locker due to core basketball category strengths, market share gains, and new product launches. The firm sees several drivers that will support ongoing growth that include new unit growth, the NFL shop partnership with Nike, re-imaging of Champs/Foot Locker stores, and the new women's premium concept. Shares are Buy rated with a $38 price target.
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July 30, 2015
17:24 EDTFLFoot Locker appoints Verma as Chief Information Officer
Foot Locker (FL) announced the appointment of Pawan Verma as SVP and Chief Information Officer, effective August 10. Verma succeeds Peter Brown, who retired in April. Verma joins Foot Locker from Target (TGT), most recently serving as VP, Digital and Marketing Technologies and Services Platforms.
July 22, 2015
07:04 EDTFLFoot Locker price target raised to $77 from $67 at UBS
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