New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 11, 2013
09:51 EDTNKENike advances following JPMorgan upgrade
Nike (NKE) is climbing after JPMorgan analyst Matthew Boss upgraded the stock to Overweight from Neutral in a note to investors earlier today. Nike's revenue is poised to rise as a result of strong upcoming products and an expansion of the footwear maker's e-commerce initiative over the next several years, Boss wrote. Meanwhile, margin increases should help the company increase its earnings per share to $4-$5 by fiscal 2016, representing an increase of about 50% over three years, the analyst predicted. Boss is more confident about Nike's outlook after meeting with its CFO recently and he raised his price target on the shares to $64 from $50. In early trading, Nike rose 34c, or 0.6%, to $54.92.
News For NKE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent NKE news | >>
March 19, 2015
17:28 EDTNKENike says Q3 revenue growth in China up 17%
Subscribe for More Information
17:25 EDTNKENike anticipates some 'choppiness' in emerging markets
17:24 EDTNKENike says domestic Q3 revenue impacted by west coast port back-up
Subscribe for More Information
17:13 EDTNKENike saw 'tremendous' growth in e-commerce in Q3
Subscribe for More Information
17:04 EDTNKENike says macro environment volatile over last three months
Comments are from the Nike Q3 earnings conference call.
16:40 EDTNKENike up 1.56% to $99.85 after reporting Q3 financial results
Subscribe for More Information
16:22 EDTNKENike repurchased 6.5M shares during Q3
Subscribe for More Information
16:20 EDTNKENike reports Q3 inventories $4.2B, up 12% YoY
Inventories for NIKE, Inc. were $4.2B, up 12% from February 28 2014, driven by a 12% increase in NIKE Brand wholesale inventories as well as higher inventories associated with growth in DTC. NIKE Brand wholesale inventories were higher due to a 17% increase in units, while changes in the average product cost per unit, combined with the impact of changes in foreign currency exchange rates, decreased growth by approximately 5% points
16:18 EDTNKENike reports Q3 gross margin up 140 basis points to 45.9%
Subscribe for More Information
16:16 EDTNKENike reports Q3 worldwide futures orders up 2%, up 11% ex-currency changes
16:15 EDTNKENike reports Q3 EPS 89c, consensus 84c
Subscribe for More Information
15:19 EDTNKENotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Nike (NKE), consensus 84c... Mattress Firm (MFRM), consensus 48c.
14:20 EDTNKENike technical comments ahead of results
Subscribe for More Information
13:46 EDTNKEEarnings Preview: Nike sees Q3 constant dollar revenue growth in low teens
Subscribe for More Information
13:03 EDTNKENike March 97.5 straddle priced for 3.9% movement into Q3
08:08 EDTNKENike historically hits earnings, but guidance, valuation could weigh, WSJ says
Subscribe for More Information
March 18, 2015
07:59 EDTNKENike March volatility elevated into Q3 and outlook
Nike March call option implied volatility is at 69, April is at 28, May is at 23, July is at 22; compared to its 26-week average of 23 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on March 19.
March 16, 2015
11:48 EDTNKEadidas won't renew contract with NBA after 2016-17 season, ESPN reports
Subscribe for More Information
10:49 EDTNKENike March volatility increases into Q3 and outlook
Subscribe for More Information
07:24 EDTNKENike has solid global demand ahead but FX a headwind, says Credit Suisse
Subscribe for More Information
1 | 2 | all recent NKE news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use