Nike (NKE) Peers Tick Higher Amid Stellar Quarter (FL) (UA) (DKS)
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Sterne Agee Downgrades Finish Line (FINL) to Underperform
March 25, 2013 6:59 AM EDTSterne Agee downgraded Finish Line (NASDAQ: FINL) from Neutral to Underperform with a price target of $16.00 due to share loss and execution risks.
"FINL continues to juggle too many balls in the air, which will likely contribute to ongoing poor performance,"... More
Nike (NKE) Hits Homerun; U.S. Back to Being Star Player as China Rides Bench
March 21, 2013 5:46 PM EDTShares of Nike Inc. (NYSE: NKE) are poised to finish the week at all time highs. The company reported Q3 results after the bell Thursday, topping estimates on the bottom line, though revenue was a touch shy. The all-important future orders number was well ahead of expectations.
This was enough to send shares of Nike higher by 8 percent to $58 after-hours, comfortably ahead of the companys previous high set in May of last year.... More
UPDATE: Nike Inc. (NKE) Tops Q3 EPS by 6c, Futures Orders Up 7% Ex-Currency
March 21, 2013 4:15 PM EDT(Updated - March 21, 2013 4:18 PM EDT)
Nike Inc. (NYSE: NKE) reported Q3 EPS of $0.73, $0.06 better than the analyst estimate of $0.67. Revenue for the quarter came rose 9 percent to $6.2 billion versus the consensus estimate of $6.23 billion.
The company said worldwide futures orders up 6 percent, 7... More
