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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
News For UA;ADDYY From The Last 14 Days
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January 30, 2015
07:08 EDTUAUnder Armour February volatility elevated into Q4 and outlook
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January 28, 2015
08:47 EDTADDYYAdidas CEO has no intention to resign despite losses to Nike, Reuters says
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January 23, 2015
12:39 EDTUAlululemon rises after JPMorgan analyst says EPS can more than double
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06:36 EDTUAlululemon upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded lululemon (LULU) to Overweight saying its recent field work has indicated positive traffic and demand trends while management is laying the foundation for sustainable growth. The firm raised its price target for shares to $75 from $50. The retailer of athletic apparel closed yesterday up 90c to $63.76. JPMorgan notes that its $75 price target reflects a 20% discount to peers Nike (NKE) and Under Armour (UAUA).
06:23 EDTADDYYadidas to sell Rockport to entity formed by Berkshire Partners, New Balance
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