UBS Raises Price Target on Nike (NKE) to $137 Following 1Q16
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Entrenched Chairman Shuts Out Experienced Voice: Board Chairman's Allegations Against Predecessor Are False, Unfounded and Based on Self-Interest
September 25, 2015 6:00 AM EDTMIRAMAR, FLORIDA -- (Marketwired) -- 09/25/15 -- Following unfounded attacks on his character and the indication that the Chairman of Performance Sports Group, Bernie McDonell, perhaps is willing to spend close to $1 million of shareholders' money to prevent his election to the Board, W. Graeme Roustan, Trustee of the Walter Graeme Roustan Trust, announced today that he will forgo standing as a Director nominee for the time being.
"It is very disappointing to me personally and should be a matter of significant concern to all shareholders of this great company that this Chairman has decided to make unfounded personal... More
NIKE, Inc. Reports Fiscal 2016 First Quarter Results
September 24, 2015 4:15 PM EDTRevenues up 5 percent to $8.4 billion; 14 percent growth excluding currency changes Diluted earnings per share up 23 percent to $1.34 Worldwide futures orders up 9 percent; 17 percent growth excluding currency changes Inventories as of August 31, 2015 up 10 percent
BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported financial results for its first quarter ended August 31, 2015. Diluted earnings per share increased 23% due to broad-based revenue growth, gross margin expansion, selling and administrative expense leverage, a lower effective... More
OrthoLite Continues Partnership with Luxury Footwear Brand, Eight Fifteen
September 24, 2015 12:06 PM EDTDebut fall/winter collection features OrthoLite foam insole technology
AMHERST, Mass.--(BUSINESS WIRE)-- OrthoLite, the leading provider of comfort and performance insoles, today announces its partnership with... More
