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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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October 22, 2014
13:54 EDTNKENike expects womens business to reach $7B in revenue by FY17
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October 15, 2014
10:02 EDTNKEOn The Fly: Analyst Upgrade Summary
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08:28 EDTNKENike upgraded to Conviction Buy from Buy at Goldman
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06:12 EDTNKENike's Converse sues rivals over 'copycat' design, NY Post reports
Converse, a unit of Nike (NKE), is suing rivals including Ralph Lauren (RL) and Tory Burch, alleging that shoemakers and retailers are copying its iconic design, the New York Post reports. Lawyers for Converse say "We welcome fair competition, but we do not believe companies have a right to copy the trademarked look." The lawsuit seeks unspecified damages and injunctions that would bar the production of the rival shoe models. Reference Link
October 9, 2014
09:41 EDTNKEBofA/Merrill retail analysts hold an analyst/industry conference call
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06:10 EDTNKEStocks with implied volatility below IV index mean; NKE LULU
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