More than a few eyebrows were raised, particularly because you just don't downgrade blue chips like Nike stock. So just where is the respect? NKE stock has been one of the most consistent performers in the current decade. Between 2010 …
Nike's quarterly revenue climbed 5.3% year over year (7% at constant currency) to $8.7 billion, with growth in NIKE Brand revenue led by strength in the sportswear and running categories. That translated to 19.1% growth in net income to $1 …
Rick Pendergraft: Nike Inc (NYSE:NKE) appeared on my bullish scan last night and that caught my attention. However, once I looked at the chart I realized that the signal should have come with a warning. One of my favorite patterns in …
Nike announced a two-for-one stock split in November, the sixth in its history. The stock now trades above $100 a share. Don't forget, $NKE has that stock split coming up on Dec 24. If you owned b/4 Dec 10, you'll get two-for-one. Other …
BEAVERTON, Ore. – Phil Knight (search), the former college track star who co-founded the largest athletic shoe and clothing company in the world, is stepping down from daily management of Nike Inc. (NKE) after 36 years of building …
A man walks past the Nike logo at the company’s factory store in San Diego. (Full-size photo) It’s hard to ignore the impact that Nike (NYSE: NKE) has had on the athletic apparel and footwear industry. Nike has spent decades building …
NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors approved a new four-year, $12 billion program to repurchase shares of NIKE’s Class B Common Stock. The Company anticipates that the current $8 billion share …
SAN FRANCISCO, June 21— Shares in Nike Inc. took a beating today after the athletic shoe manufacturer's disclosure late Friday that it expects 1994 fiscal year earnings to be well below Wall Street estimates. Nike's shares fell $4.125 …
Nike Inc. unveiled a two-for-one stock split, a 14% increase to its quarterly dividend and said it has approval to buy back up to an additional $12 billion in shares. Nike, which joined the Dow Jones Industrial Average in 2013, has been benefiting …
The Summer Olympics are set to begin in August, and brands are hoping that they can grab some of the excitement surrounding the games for themselves. Some brands, like Nike, have had problems doing this in the past but aren't …