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Stock Market & Financial Investment News

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February 11, 2013
06:14 EDTNKENike upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded Nike due to robust top-line growth, pipe-line expansion, margin opportunities, China stabilization, and buybacks. The firm raised its price target to $64 from $50.
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June 20, 2013
05:43 EDTNKENike looks to app makers for Its FuelBand digital bracelet, WSJ reports
Nike is experimenting with what is says is increasingly crucial to its business: encouraging software developers to build applications for its FuelBand activity-monitoring device, reports the Wall Street Journal. The company hopes the aggregate data—from the average duration of a run, 35 minutes, -to how energetic residents of certain cities are will lead to apps that make the FuelBand more indispensable to users.Reference Link

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