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News Breaks | | | | October 18, 2012 | | 07:51 EDT |  | RSH, NKE, BUD | Lance Armstrong dumped by RadioShack, Budweiser, WSJ reports
The doping allegations against onetime cycling champion Lance Armstrong have cost him a commercial deal with Nike, and now the list of companies dropping him is growing, reports the Wall Street Journal. RadioShack (RSH), Anheuser-Busch InBev NV (BUD), the makers of Trek bikes and Giro helmets, and others are pulling away. Reference Link | |
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News For RSH;BUD;NKE From The Last 14 Days Check below for free stories on RSH;BUD;NKE the last two weeks. |
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| May 21, 2013 | | 14:50 EDT | | NKE | Wal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link | | | 14:25 EDT | | RSH | RadioShack to introduce PayPal in all stores this month, Reuters says
RadioShack (RSH) will introduce PayPal, the online payment system owned by eBay (EBAY), in all of its retail stores starting this month, reports Reuters. Reference Link | | | May 16, 2013 | | 16:18 EDT |  | RSH | RadioShack to review executive compensation following shareholder vote
 Subscribe for More Information | | | 05:51 EDT | | BUD | NBCUniversal says winter Olympic Games ad sales strong, WSJ reports
Comcast's (CMCSA) NBCUniversal unit is projecting advertising sales over $800M for the Olympic Games next year in Russia, which would be a record for the Winter Games, despite the decision by Anheuser-Busch InBev (BUD) and Hilton Worldwide not to advertise on the event in Sochi, reports the Wall Street Journal. The company said it has sold 75%-80% of its TV inventory.Reference Link | | | May 14, 2013 | | 08:06 EDT |  | NKE | BofA/Merrill's retail analysts hold an analyst/industry conference call
Global Retail Team discusses key global athletic themes including industry trends, sourcing costs outlook and favorite investment ideas on an Analyst/Industry conference call. Relevant covered companies COLM, COST, DKS, FINL, FL, GES, JNY, NKE, PVH, RL, TGT, UA and WMT may be included on the Analyst/Industry conference call to be held on May 14 at 10 am. | | | 07:00 EDT |  | NKE | Nike price target raised to $75 from $65 at Barclays
Barclays expects Nike to return to gross margin expansion in Q3 and that the re-acceleration of futures in the U.S. and China will drive shares higher. The firm rates Nike an Overweight. | | | May 13, 2013 | | 08:01 EDT | | BUD | AB InBev U.S., Brazil performance has likely bottomed, says RBC Capital
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