BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Nike Jumps Following Strong Earnings Report]]>http://www.bloggingstocks.com/2010/03/17/nike-jumps-following-strong-earnings-report/http://www.bloggingstocks.com/2010/03/17/nike-jumps-following-strong-earnings-report/http://www.bloggingstocks.com/2010/03/17/nike-jumps-following-strong-earnings-report/#commentsFiled under: , , , , , , , , ,

Shares of athletic giant Nike, Inc. (NKE) are up over 3% in after hours trading after the company posted better than expected earnings for its fiscal third quarter this afternoon.

As we noted in our earnings preview last night, analysts had forecast earnings of $0.89 per share for the quarter. Fueled by a 7% increase in sales during the quarter, Nike was able to outpace estimates and earn $1.01 per share. This marks the 11th straight quarter that Nike has been able to post better than expected quarterly earnings.

Continue reading Nike Jumps Following Strong Earnings Report

Nike Jumps Following Strong Earnings Report originally appeared on BloggingStocks on Wed, 17 Mar 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>athletic shoesathleticsAthleticShoesChinaearningsfeaturedinthenewsJapanNikeNKErevenuessalesWed, 17 Mar 2010 18:00:00 EST<![CDATA[JockStocks: Nike eliminating jobs -- potential exists]]>http://www.bloggingstocks.com/2009/05/15/jockstocks-nike-eliminating-jobs-potential-exists/http://www.bloggingstocks.com/2009/05/15/jockstocks-nike-eliminating-jobs-potential-exists/http://www.bloggingstocks.com/2009/05/15/jockstocks-nike-eliminating-jobs-potential-exists/#commentsFiled under: ,

Is Northwest shoe behemoth Nike (NYSE: NKE) starting to feel the sting of the economic crisis? It certainly appears that way with the company announcing that it will cut 1,750 jobs, or roughly 5% of its total work force. The cuts are the largest in the company's history, and roughly 500 of the positions will be eliminated from Nike's Oregon headquarters, which employs more than 3,000. A majority of these cuts will occur over the next week.

Nike is making the move in hopes of cutting costs and boosting competitiveness, which I will address in a moment. Back in February, Nike hinted that a review of its operations would result in a 4% cut to the firm's staff. Furthermore, the athletic apparel and footwear firm has cut production at Chinese and Vietnamese factories, cut marketing spending, and has reorganized its global business into six geographically based groups. All of these moves have been made to help the company deal with the current economic slowdown and its impact on the consumer.

Continue reading JockStocks: Nike eliminating jobs -- potential exists

JockStocks: Nike eliminating jobs -- potential exists originally appeared on BloggingStocks on Fri, 15 May 2009 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>athletic apparelathletic shoesAthleticApparelAthleticShoesfeaturedjob cutsjob lossesJobCutsJobLossesMichael JordanMichaelJordannikenkeTiger WoodsTigerWoodsFri, 15 May 2009 09:30:00 EST<![CDATA[Put Maddoff and Blagojevich on work detail]]>http://www.bloggingstocks.com/2008/12/16/put-maddoff-and-blagojevich-on-work-detail/http://www.bloggingstocks.com/2008/12/16/put-maddoff-and-blagojevich-on-work-detail/http://www.bloggingstocks.com/2008/12/16/put-maddoff-and-blagojevich-on-work-detail/#commentsFiled under: , , , , , ,

When you hear about the outrageous accusations against Wall Street icon, now shamed, Bernard Maddoff, regarding his $50 billion Ponzi scheme and the corrupt thinking Illinois Governor Rod Blagojevich and his peddling of Obama's Senate seat, it almost makes you want to bring back the firing squad because their offenses are almost treasonous.

Are we not in the midst of a financial battle of historic proportion? If the charges against them hold true, have they not destroyed the lives of thousands of people, not to mention the integrity of both the political and financial systems at a time when our nation is in crises?

Unfortunately, as they used to quip in another time; "hanging is too good for them!"

I have another solution for them and all white collar criminals doing soft time, even if it is a long time, PUT THEM TO WORK!


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Put Maddoff and Blagojevich on work detail originally appeared on BloggingStocks on Tue, 16 Dec 2008 15:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>athletic shoesAthleticShoesbernard madoffBernardMadoffJusticeNikeNKEpunishmentrod blagojevichRodBlagojevichSketcherswhite collar crimeWhiteCollarCrimeTue, 16 Dec 2008 15:15:00 EST<![CDATA[Step to it: A trio of shoe stocks]]>http://www.bloggingstocks.com/2006/12/07/step-to-it-a-trio-of-shoe-retailers/http://www.bloggingstocks.com/2006/12/07/step-to-it-a-trio-of-shoe-retailers/http://www.bloggingstocks.com/2006/12/07/step-to-it-a-trio-of-shoe-retailers/#commentsFiled under: , , , , ,

Quantitative analyst and editor of OTC Insight, Jim Collins sees opportunity in Steve Madden (NASDAQ: SHOO), a shoe designer whose products are distributed through department and specialty stores, its 95 retail shops and its e-commerce site.

Fundamentally, Collins is attracted to a recent new product launch known as the "Design your Own" collection, which lets buyers choose between the size of the heels and the patterns, materials, finishings and colors to customize their own shoes. Collins points out that there are a total of 4,221 possible combinations.

Technically, Collins looks to the stock's very high relative strength ranking of 98 out of 100 as well as its solid score of 'B' for accumulation-distribution. He does caution that the company is exposed to fashion risk, which he notes can be difficult to predict. Despite these risks, he has selected the issue as his latest featured investment.

Validea has an unusual approach to stock selection; editor John Reese assesses companies based on the strategies employed by "legendary investors." In the case of his latest buy, Finish Line (NASDAQ: FINL), the stock was chosen based on the value methodology used by Benjamin Graham (Warren Buffett's mentor) and Peter Lynch.

Continue reading Step to it: A trio of shoe stocks

Step to it: A trio of shoe stocks originally appeared on BloggingStocks on Thu, 07 Dec 2006 11:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>athletic shoesAthleticShoesbenjamin grahamBenjaminGrahamfinish lineFinishLinefinlpeter lynchPeterLynchshoesshoospecialty retailersSpecialtyRetailerssteve maddenSteveMaddenTBLtimberlandwarren buffettWarrenBuffettThu, 07 Dec 2006 11:15:00 EST