Nike shares took a wild ride yesterday as investors digested reports of a hefty increase in quarterly profits and a possible sale of some brands. Shares fell $1.06 to $57.26 after hitting a 52-week high of $60.99 earlier in the day. The stock
Under Armour’s shares still carry the highest valuation of the big global sportswear companies with its stock trading at 39.1 times forward earnings. Nike in contrast trades at 22.4 times, and Adidas at 24.7 times. The company also said net …
It’s Nike vs. Under Armour in the competitive quest for Wall Street-style Olympic gold in Rio. Nike’s swoosh has become synonymous with the Olympic Games and the athletes that wear its apparel and footwear. In fact, in the past eight …
Nike Inc., the world's largest sporting-goods company, surged the most in more than four years after easing investors' concerns that its profitability and business in China were weakening. The shares rose 11 percent to $59.53 at the close …
After the close, NIKE, Inc. (NYSE: NKE) announced that its Board of Directors approved a two-for-one split of both NIKE Class A and Class B Common shares. The stock split will be in the form of a 100 percent stock dividend payable on …
Footwear and clothing maker Nike Inc. raised its dividend Friday, but the move couldn`t keep the stock from falling on Wall Street, where it dropped $1.87, closing at $34.12. Nike said it would raise its cash dividend to 14 cents a share from 10 …
Nike Inc's shares surged to a two-year high on Friday after two Wall Street brokerages said the footwear maker's profitability would soon reap the benefits of its recent move to sell directly to consumers.
CHICAGO, Sept. 25, 2017 /PRNewswire/ -- InvestorsObserver issues critical stock reports for DPS, F, NKE, RIG, and …
Late Thursday athletic equipment manufacturer Nike, Inc. (NKE) announced a 2-for-1 stock split to take place on December 24. The company also announced a rise in its quarterly dividend. The stock split will take place on …
Nike awarded Chief Executive Officer Mark Parker $47.6 million in compensation for fiscal 2016, almost triple the level of the previous year, after stock grants buoyed his pay. Parker's salary remained $1.55 million in the period, which ended …