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Nike: The Road To $100
2014-10-05 15:23:39| Footwear - Topix.net
Nike has been on a tear over the last five years, steadily on the rise; up over 185% over the last five years -- crushing the S&P 500 by 100 basis points. That tear got a little wider last month; Nike's August-ended quarter EPS crushed consensus by 24% and it guided for fiscal 1Q and 2Q EPS to grow at a rate that's in the high teens.
Nike Should Really Send A Thank You Card To Adidas
2014-10-03 12:11:54| Footwear - Topix.net
Nike's first quarter FY 2015 earnings showed revenues, net income, and gross margins up significantly, sending the stock up over 10% to new all-time highs. Some of Nike's recent performance is due to Adidas under-performing in recent quarters as it loses its market share position to Under Armour and continues to struggle in European markets.
Nike EVP John F. Slusher Sells 34,206 Shares
2014-10-03 04:44:26| Footwear - Topix.net
Nike EVP John F. Slusher sold 34,206 shares of the stock on the open market in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $88.75, for a total transaction of $3,035,782.50.
Nike Director Orin Smith Sells 16,000 Shares
2014-10-03 04:44:25| Footwear - Topix.net
Nike Director Orin Smith unloaded 16,000 shares of the stock on the open market in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $88.71, for a total transaction of $1,419,360.00.
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Nike (NKE) - Research Analysts' Weekly Ratings Changes
2014-10-01 10:43:39| Footwear - Topix.net
Nike had its price target raised by analysts at Barclays from $90.00 to $100.00. They now have an "overweight" rating on the stock.
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