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Stock Market & Financial Investment News

News Breaks
May 2, 2014
06:41 EDTADDYY, NKENike CEO says could move China manufacturing due to strikes, Reuters says
Nike (NKE) CEO Mark Parker said the company was contemplating moving its manufacturing within China after a major strike at a factory of one of it's major suppliers, Yue Yuen, according to Reuters, citing comments from Parker. Yue Yuen manufactures footwear for Nike, Adidas (ADDYY) and other worldwide brands. 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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