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Stock Market & Financial Investment News

News Breaks
July 7, 2014
06:24 EDTMANU, NKENike paid GBP 1M for selling GBP 100M of ManU replica kits, The Independent says
Nike (NKE) paid only GBP 1M in taxes for the past five years on its GBP 100M in Manchester United (MANU) replicak kits saies, reports The Independent. According to accounts filed with Companies House, the company funneled cloes to GBP 40M during the time to its Dutch business despite making most of its money in the U.K. Reference Link
News For NKE;MANU From The Last 14 Days
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January 28, 2015
08:47 EDTNKEAdidas 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).

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