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Stock Market & Financial Investment News

News Breaks
June 26, 2014
15:08 EDTPRGS, NKE, ITINotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Nike (NKE), consensus 75c; Progress Software (PRGS), consensus 34c; and Iteris (ITI), consensus 2c.
News For NKE;PRGS;ITI From The Last 14 Days
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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).
January 14, 2015
06:32 EDTNKEAdidas wants to gain traction in U.S. market with endorsement deals, WSJ reports
In a move to gain traction int he U.S. market, Adidas is planning to increase endorsement deals with professional football and baseball players in the U.S. in the next few years, The Wall Street Journal reports. Adidas North American President Mark King says the German sportswear maker's U.S. arm has approval to sign up to 250 NFL players and 250 MLB players over the next three years, up from a total of less than 40 right now. Reference Link
January 13, 2015
18:37 EDTPRGSOn The Fly: After Hours Movers
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16:35 EDTPRGSProgress Software sees FY15 EPS $1.37-$1.47, consensus $1.52
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16:34 EDTPRGSProgress Software sees Q1 EPS 22c-24c, may not compare to consensus 32c
Sees Q1 revenue $93M-$96M, consensus $80.42M. The financial guidance includes the impact of the recent significant strengthening of the U.S. dollar and is based on current exchange rates. With approximately 55% of the company's revenue stream outside of North America, this has a negative impact on the company's 2015 business outlook of $17M-$18M on non-GAAP revenue and 10c-11c on non-GAAP EPS, when compared to 2014 actual exchange rates. To the extent that there are further changes in exchange rates versus the current environment, this may have an additional impact on the company's business outlook.
16:31 EDTPRGSProgress Software reports Q4 EPS 47c, consensus 44c
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15:21 EDTPRGSNotable companies reporting after market close
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