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Stock Market & Financial Investment News

News Breaks
July 15, 2014
09:29 EDTGLW, NKECorning names Nike CFO Donald Blair to board
Corning (GLW) appointed Donald W. Blair, executive vice president and CFO for NIKE (NKE), to Corning's board, effective July 15. Blair will serve on the board's finance and audit committees. He will hold office until Corning's annual meeting of shareholders in the spring of 2015, at which time he will stand for election to a one-year term. His appointment brings the number of Corning directors to 13.
News For GLW;NKE From The Last 14 Days
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March 3, 2015
07:27 EDTGLWMorgan Stanley to hold a conference
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February 26, 2015
08:50 EDTNKEKohl's says Nike sales up 24% at Kohl's stores in Q4
Kohl's (KSS) says number of transactions increased 2% in Q4. Says Nike (NKE) delivered 24% increase in Q4 sales. Expects about 900 stores to have new beauty format by end of year. Sees some margin pressure in Q1 from rollout of beauty products. Expects SG&A to increase more in Q1 than in the balance of the year. Says FY CapEx guidance includes $350M of IT spending, $250M for store strategies, $200M for base capital projects. Comments made on the Q4 earnings conference call.
08:24 EDTGLWCorning volatility elevated into Q4 and outlook
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February 24, 2015
07:19 EDTGLWSusquehanna to hold a summit
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07:14 EDTGLWCantor to hold a conference
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February 20, 2015
09:23 EDTNKEGoldman sees select Apparel and Footwear opportunities due to FX risk
Goldman said translation currency exposure in the Apparel and Footwear has created volatility and opportunity to gain exposure to this theme. Goldman's analyst sees a positive near-term set-up for Nike (NKE) and Tiffany (TIF) and a negative set-up for Crocs (CROX) and Abercrombie & Fitch (ANF) and of upcoming earnings reports.

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