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Stock Market & Financial Investment News

News Breaks
April 16, 2014
07:05 EDTNKE, ADDYYNike, Adidas output disrupted by China shoe factory strike, Bloomberg says
Employees at Nike (NKE) and Adidas (ADDYY) shoe supplier Yue Yuen Industrial in Dongguan, China have been on strike for three days in hopes to gain a 30% wage increase and better benefits, according to Bloomberg, citing a Yue Yuen spokesman. Reference Link
News For NKE;ADDYY From The Last 14 Days
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January 28, 2015
08:47 EDTADDYY, NKEAdidas CEO has no intention to resign despite losses to Nike, Reuters says
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January 23, 2015
12:39 EDTNKElululemon rises after JPMorgan analyst says EPS can more than double
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06:36 EDTNKElululemon upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded lululemon (LULU) to Overweight saying its recent field work has indicated positive traffic and demand trends while management is laying the foundation for sustainable growth. The firm raised its price target for shares to $75 from $50. The retailer of athletic apparel closed yesterday up 90c to $63.76. JPMorgan notes that its $75 price target reflects a 20% discount to peers Nike (NKE) and Under Armour (UAUA).
06:23 EDTADDYYadidas to sell Rockport to entity formed by Berkshire Partners, New Balance
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