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Stock Market & Financial Investment News

News Breaks
April 21, 2014
06:40 EDTNKENike to pull out of wearable-hardware market, Cnet says
Nike is preparing to end production of wearable-hardware devices, and last week laid off most of its workers responsible for developing its FuelBand fitness tracker, Cnet reported Friday night. "As our Digital Sport priorities evolve, we expect to make changes within the team, and there will be a small number of layoffs," a Nike spokesman said, the website stated. Reference Link
News For NKE From The Last 14 Days
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October 23, 2014
09:22 EDTNKENike CEO 'bullish' on partnership with Apple
Nike (NKE) CEO Mark Parker made comments in an interview on Bloomberg TV. Reference Link
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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