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Stock Market & Financial Investment News

News Breaks
February 5, 2014
05:59 EDTUA, ADDYYAdidas sues Under Armour over alleged patent infringement, Reuters reports
Adidas (ADDYY) has sued Under Armour (UA) in a U.S. court over alleged infringement of patents that relate to fitness training and tracker devices, products sold by MapMyFitness which Under Armour bought for $150M in November, reports Reuters. Reference Link
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September 15, 2014
07:28 EDTADDYYAdidas pressured for faster turnaround by big stakeholders, WSJ says
In meetings with Adidas representatives, large shareholders have put pressure on the company to accelerate its turnaround and discussed the possible removal of the company's longtime CEO Herbert Hainer, according to The Wall Street Journal, citing people familiar with the matter. Reference Link
September 2, 2014
09:45 EDTUAUnder Armour signs Gisele Bundchen as part of new campaign, ESPN.com says
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