Under Armour (UA) Inks Sponsorship Deal with Third NFL Quarterback
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August 11, 2015 9:19 AM EDT
Sterne Agee CRT reiterated a Buy rating and $120.00 price target on Under Armour, Inc. (NYSE: UA), as outdoor footwear and apparel outpace total company growth. Outdoor performance running footwear is seeing increases of 75%. UA also announced a partnership with NBA. In 2018, UA will become the title partner for the NBA Draft Combine, and beginning this October, UA will become the presenting sponsor of the Jr. NBA.
Analyst Sam Poser... More
August 10, 2015 4:22 PM EDT
Nike (NYSE: NKE) declared a quarterly dividend of $0.28 per share, or $1.12 annualized.
The dividend will be payable on October 5, 2015, to stockholders of record on September 8, 2015, with an ex-dividend date of September 3, 2015.
The annual yield on the dividend is 1 percent.
For a... More
August 10, 2015 9:31 AM EDT
Under Armour (NYSE: UA) and the National Basketball Association (NBA) announced a multiyear global partnership that makes Under Armour the title partner of the NBA Draft Combine and presenting partner of the Jr. NBA, the league's youth basketball program. Under Armour will also team with the league to launch an innovative NBA FIT mobile application powered by the brand's Connected Fitness platform. This new marketing and merchandising agreement represents a significantly expanded partnership between the NBA and Under Armour, a league partner since 2011.
As the title partner, Under Armour will become the... More
