Wikimedia CommonsAthletic footwear maker Nike Inc. (NYSE: NKE) today announced that it is selling its Cole Haan brand to private equity firm Apax Partners for $570 million. The company expects the transaction…
Paul Ausick Wikimedia CommonsNike Inc. (NYSE: NKE) is throwing up everything it can to help its share price now that the trajectory is no longer straight up. The company announced that it has approved…
Jon C. Ogg If the brand of Lance Armstrong was a stock, let’s just be nice say that the value would have tanked. The reality is that the exchange would have probably halted trading if…
The three major U.S. stock indexes opened lower this morning following a weaker-than-expected report on U.S. personal income and inline personal consumption spending (more coverage here). U.S. markets followed Europe, where today’s…
Nike Inc. (NYSE: NKE) reported fiscal first quarter 2013 diluted earnings per share (EPS) of $1.23 on revenue of $6.67 billion. In the same period a year ago, the sporting goods maker…
Paul Ausick The three major U.S. stock indexes opened higher this morning as markets shook off weak news from Europe in favor of better news from Asia. In Europe, German unemployment stayed at 8.6%…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Automatic Data Processing Inc. (NASDAQ: ADP) cut to Neutral at UBS. Bank…
Nike Buys Back Shares Nike Inc. (NYSE: NKE) became the latest company to return money to shareholders as the economy falters. It joins a raft of firms from AOL Inc. (NYSE: AOL)…
Nike Inc. (NYSE: NKE) will buy back $8 billion in shares. (Reuters) More than 5 million Facebook Inc. (NASDAQ: FB) members are children who have been banned from the social network. (Reuters)…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Abercrombie & Fitch Co. (NYSE: ANF) started as Sell at Citigroup. Allergan Inc.…
Debate over how many jobs the United States loses to China has gone on for years. Today, China is one of the two largest manufacturing economies in the world. The other is…
This morning, Under Armour (NYSE: UA) reported a better-than-expected profit as demand rose in its footwear category. The company also raised its full-year revenue forecast. The apparel maker said its second-quarter earnings…
The three major US stock indexes opened sharply higher this morning after a report from Brussels that the EU had agreed to proposal for bailing out the Eurozone’s banks (our coverage here).…
The stock market is up Friday on plans for the European Union plans to directly lend to targeted banks. The Dow Jones Industrial Average is up 1.66%, the S&P 500 is up 1.80% and the Nasdaq is…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Anthera Pharmaceuticals (NASDAQ: ANTH) Cut to Sell at Citigroup. Bed Bath & Beyond…
