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Stock Market & Financial Investment News

News Breaks
April 28, 2014
07:48 EDTNKE, ADDYYNike, Adidas supplier counts expense of China shoe strike, Reuters says
Yue Yuen said that more than 80% of the employees at its Dongguan factory returned to work after staging a two-week long strike and the company estimated the strike will cost it nearly $27M, according to Reuters, citing a statement from the company. Yue Yuen is a $5.6B footwear manufacturer for companies like Nike (NKE) and Adidas (ADDYY). Reference Link
News For NKE;ADDYY From The Last 14 Days
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October 23, 2014
09:22 EDTNKENike CEO 'bullish' on partnership with Apple
Nike (NKE) CEO Mark Parker made comments in an interview on Bloomberg TV. Reference Link
October 22, 2014
13:54 EDTNKENike expects womens business to reach $7B in revenue by FY17
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October 19, 2014
20:07 EDTADDYYInvestor group planning $2.2B offer for Adidas' Reebok business, WSJ says
A group of investors from Hong Kong and Abu Dhab are putting together a deal to buy Reebok from Adidas, says the Wall Street Journal. The investors plan to offer Adidas $2.2B for its Reebok business, added the Wall Street Journal. Reference Link

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