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's Opportunity in Emerging Markets Outweighs Higher Costs]]>http://www.bloggingstocks.com/2011/03/29/nike-s-opportunity-in-emerging-markets-outweighs-higher-costs/http://www.bloggingstocks.com/2011/03/29/nike-s-opportunity-in-emerging-markets-outweighs-higher-costs/http://www.bloggingstocks.com/2011/03/29/nike-s-opportunity-in-emerging-markets-outweighs-higher-costs/#commentsFiled under:

Nike (NKE) is the largest global manufacturer of athletic footwear, apparel and equipment by sales volume, and competes with Sketchers (SKK), Adidas AG (ADDYY), Steve Madden (SHOO) and K-Swiss (KSWS) in the global footwear market. The company recently announced its Q3 2011 results. Although Nike's revenues increased 7% to $5.1 billion, the gross margin declined 110 basis points to 45.8% compared to same period last year. The decline in margin was basically because of higher product and freight costs.

We have highlighted these factors in our earlier note titled: Nike's Air Freighting Raises Questions on Inventory Management.

Continue reading Nike's Opportunity in Emerging Markets Outweighs Higher Costs

Nike's Opportunity in Emerging Markets Outweighs Higher Costs originally appeared on BloggingStocks on Tue, 29 Mar 2011 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsNikeNKETue, 29 Mar 2011 14:30:00 EST<![CDATA[Buyers Flee Nike After Earnings]]>http://www.bloggingstocks.com/2011/03/18/buyers-flee-nike-after-earnings/http://www.bloggingstocks.com/2011/03/18/buyers-flee-nike-after-earnings/http://www.bloggingstocks.com/2011/03/18/buyers-flee-nike-after-earnings/#commentsFiled under: ,

Nike, Inc. (NKE) is doing horribly this afternoon. As I write this, a quote of $77.51 is on my screen. That represents a drop of over 9% for the shares. Volume is huge. Hopefully many of you out there didn't do an earnings trade on this one.

How bad were the fiscal Q3 numbers? According to MarketWatch, net income of $1.08 per share was four pennies below the overall call by Wall Street. In addition, the potential for a weakening gross margin is said to have played a part in the sell-off.

Continue reading Buyers Flee Nike After Earnings

Buyers Flee Nike After Earnings originally appeared on BloggingStocks on Fri, 18 Mar 2011 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>athletic wearfootwearinthenewsnikeNike gross marginNike sell-offNKEFri, 18 Mar 2011 17:00:00 EST<![CDATA[Analyst Calls: AMTD, COG, DO, F, GM, HUM, LEA, MMI, NKE, SI, TRW ...]]>http://www.bloggingstocks.com/2011/03/18/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/03/18/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/03/18/analyst-upgrades-downgrades/#commentsFiled under: , , , , , ,

Analyst Upgrades

  • Siemens (SI) to buy from hold at Deutsche Bank.
  • Diamond Offshore (DO) to market perform from underperform at FBR Capital.
  • MeadWestvaco (MWV) to conviction buy from neutral at Goldman.
  • TD AmeriTrade (AMTD) and Cabot Oil & Gas (COG) to buy from neutral at BofA/Merrill.
  • Janus Capital (JNS) to hold from sell at Citigroup.
  • Motorola Mobility (MMI) to buy from neutral at UBS.
  • Frontier Communications (FTR) to neutral from underperform at Macquarie.
  • Humana (HUM) to buy from hold at Argus.

Continue reading Analyst Calls: AMTD, COG, DO, F, GM, HUM, LEA, MMI, NKE, SI, TRW ...

Analyst Calls: AMTD, COG, DO, F, GM, HUM, LEA, MMI, NKE, SI, TRW ... originally appeared on BloggingStocks on Fri, 18 Mar 2011 11:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AGNAllerganALVAMTDanalyst upgradesAutolivAXLCAMTCamteckDANDiamond OffshoreDOdowngradesDspgFFordFTRGeneral MotorsGentexGILGildanGMGNTXHUMHumanaIdenixIDIXinitiationsinthenewsIronwoodIRWDJanus CapitalJCIJNSJohnson ControlsLEALearLINELinn EnergyMeadWestvacoMedicisMGLNMMIMotorola MobilityMRXMWVNikeNKESiSiemensTD AmeritradeTENTennecoTRWFri, 18 Mar 2011 11:20:00 EST<![CDATA[Nike's Gross Margin Outlook a Key to This Week's Earnings Announcement]]>http://www.bloggingstocks.com/2011/03/15/nike-s-gross-margin-outlook-a-key-to-this-week-s-earnings-announ/http://www.bloggingstocks.com/2011/03/15/nike-s-gross-margin-outlook-a-key-to-this-week-s-earnings-announ/http://www.bloggingstocks.com/2011/03/15/nike-s-gross-margin-outlook-a-key-to-this-week-s-earnings-announ/#commentsFiled under:

Nike (NKE) is expected to announce its 3rd quarter fiscal 2011 earnings on March 17th. We take this opportunity to look at what are some of the key aspects to look forward to with regards to upcoming earnings. Nike is the largest global manufacturer of athletic footwear, apparel and equipment by sales volume, and competes with Sketchers (SKX), Adidas AG (ADDYY), Steven Madden (SHOO) and K-Swiss (KSWS) in the global footwear market. It sells its products under several brands including Nike, Nike Golf, Converse, Cole Haan, Umbro, and Hurley. Our price estimate for Nike stands at $77.52, which is about 11% below the current market price.

Continue reading Nike's Gross Margin Outlook a Key to This Week's Earnings Announcement

Nike's Gross Margin Outlook a Key to This Week's Earnings Announcement originally appeared on BloggingStocks on Tue, 15 Mar 2011 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsNikeNike earnings previewTue, 15 Mar 2011 16:00:00 EST<![CDATA[Nike's Stock Value Is Highly Sensitive to Its Footwear Business]]>http://www.bloggingstocks.com/2011/03/14/nike-s-stock-value-is-highly-sensitive-to-its-footwear-business/http://www.bloggingstocks.com/2011/03/14/nike-s-stock-value-is-highly-sensitive-to-its-footwear-business/http://www.bloggingstocks.com/2011/03/14/nike-s-stock-value-is-highly-sensitive-to-its-footwear-business/#commentsFiled under:

Nike, Inc. (NKE) is the largest global manufacturer of athletic footwear, apparel and equipment by sales volume, and competes with Sketchers, Adidas AG, Steven Madden and K-Swiss in the global footwear market. It sells its products under several brands including Nike, Nike Golf, Converse, Cole Haan, Umbro, and Hurley.

We maintain a $77.52 price estimate for Nike's stock, roughly 13% below market price.

Continue reading Nike's Stock Value Is Highly Sensitive to Its Footwear Business

Nike's Stock Value Is Highly Sensitive to Its Footwear Business originally appeared on BloggingStocks on Mon, 14 Mar 2011 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredfootwearnikeNKEMon, 14 Mar 2011 17:00:00 EST<![CDATA[Week in Preview: Inflation, the FOMC and Nike Earnings]]>http://www.bloggingstocks.com/2011/03/13/week-in-preview-fomc-inflation-and-nike-earnings/http://www.bloggingstocks.com/2011/03/13/week-in-preview-fomc-inflation-and-nike-earnings/http://www.bloggingstocks.com/2011/03/13/week-in-preview-fomc-inflation-and-nike-earnings/#commentsFiled under: , , , ,

earnings expectationsThe Federal Open Market Committee (FOMC) meets again this week to review economic conditions and set monetary policy. On whether the Fed should end quantitative easing or extend it, Atlanta Fed chairman Dennis Lockhart recently said that the Fed should remain flexible given the rising energy prices, which could be a sign of coming inflation. Either at this meeting or the next, the Fed could signal that interest rates will rise as a hedge against inflation.

Inflation will also be the focus when the Department of Labor releases the Producer Price Index (PPI) and Consumer Price Index (CPI) this week. Back in January the core PPI (which excludes energy and food costs) had its biggest jump in two years, and the core CPI had its largest uptick in more than year, the second month in a row in which consumer prices jumped.

Continue reading Week in Preview: Inflation, the FOMC and Nike Earnings

Week in Preview: Inflation, the FOMC and Nike Earnings originally appeared on BloggingStocks on Sun, 13 Mar 2011 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analyst forecastsconsumer price indexCPIDennis Lockhartearnings previewsfeaturedFederal ReserveFOMCinflationNikeNike earningsNKEPPIproducer price indexQE2quantitative easingRoss StoresRoss Stores earningsROSTSun, 13 Mar 2011 12:30:00 EST<![CDATA[Options Update: Ann Taylor March Volatility Elevated]]>http://www.bloggingstocks.com/2011/03/09/options-update-ann-taylor-march-volatility-elevated/http://www.bloggingstocks.com/2011/03/09/options-update-ann-taylor-march-volatility-elevated/http://www.bloggingstocks.com/2011/03/09/options-update-ann-taylor-march-volatility-elevated/#commentsFiled under: ,

Ann Taylor (ANN) March put option implied volatility is at 67, April is at 57, June is at 52. This is compared to its 26-week average of 53 according to Track Data, suggesting larger near term price movement into expected Q4 results on March 3.

Nike, Inc. (NKE) March put option implied volatility is at 31, April is at 27, July is at 25. This is compared to its 26-week average of 24 according to Track Data, suggesting larger near term price movement into expected Q3 results on March 17.

Update is by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: Ann Taylor March Volatility Elevated originally appeared on BloggingStocks on Wed, 09 Mar 2011 19:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ANNann taylorinthenewsnikeoptionsWed, 09 Mar 2011 19:00:00 EST<![CDATA[Nike: Time to Take Some Profits?]]>http://www.bloggingstocks.com/2011/03/02/nike-time-to-take-some-profits/http://www.bloggingstocks.com/2011/03/02/nike-time-to-take-some-profits/http://www.bloggingstocks.com/2011/03/02/nike-time-to-take-some-profits/#commentsFiled under: ,

Nike (NKE) swooshNike's (NKE) shares, first discussed here on May 12, 2009, at a price of $50.98, have pulled back slightly after topping $92. Even with the retreat, now would be a good time to consider taking some profits, if you're in near $51 with NKE.

However, those investors who can tolerate the risk can maintain their full position, and go for an even larger gain, as NKE is likely to resume heading north.

Look for Nike to register an 8% to 10% fiscal 2011 revenue increase, followed by a similar performance in fiscal 2012, boosted by international market sales (sales outside the U.S.), which account for about 60% of revenue. Further, the company's decision to tailor marketing and sales campaigns to regional markets is yielding results.

Continue reading Nike: Time to Take Some Profits?

Nike: Time to Take Some Profits? originally appeared on BloggingStocks on Wed, 02 Mar 2011 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>NikeNKEWed, 02 Mar 2011 14:00:00 EST<![CDATA[Tell-Tale Stat: Buffett's Berkshire Divests Bank of America, Nike Stakes]]>http://www.bloggingstocks.com/2011/02/19/buffetts-berkshire-divests-bank-of-america-nike/http://www.bloggingstocks.com/2011/02/19/buffetts-berkshire-divests-bank-of-america-nike/http://www.bloggingstocks.com/2011/02/19/buffetts-berkshire-divests-bank-of-america-nike/#commentsFiled under: , , , , ,

Warren BuffettThe past week's data-point-of-consequence for investors had to be investment decisions by Warren Buffett's Berkshire Hathaway (BRK.A).

Buffett ended positions in several stocks in the fourth quarter, including the Bank of America (BAC), Nike (NKE), Fiserv (FISV), Becton Dickinson (BDX), Comcast Corp. (CMCSA), Lowe's Co.s (LOW), Nalco (NLC) and Nestle (NSRGY), according to a filing, The Wall Street Journal reported.

Berkshire added to a holding of only one stock in the fourth quarter: Wells Fargo (WFC).

Continue reading Tell-Tale Stat: Buffett's Berkshire Divests Bank of America, Nike Stakes

Tell-Tale Stat: Buffett's Berkshire Divests Bank of America, Nike Stakes originally appeared on BloggingStocks on Sat, 19 Feb 2011 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BACBank of AmericaBDXBecton DickinsonBRK.ABRK.BBuffett investingBuffett stocksCMCSAComcasteconomic recoveryfeaturedFiservFISVinthenewsLOWLowesNalcoNestleNikeNKENLCWarren BuffettWells FargoWFCSat, 19 Feb 2011 14:00:00 EST<![CDATA[Analyst Calls: EBAY, ERIC, MMI, MSI, NKE, QCOM, RL, ROK, SWY, WAG ...]]>http://www.bloggingstocks.com/2011/01/04/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/01/04/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/01/04/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , , , , , ,

Analyst Upgrades

  • Polo Ralph Lauren (RL) to buy from hold at Citigroup.
  • Qualcomm (QCOM) to buy from neutral at Roth Capital.
  • Walgreen (WAG) to conviction buy from neutral at Goldman.
  • Rockwell (ROK) to outperform from neutral at Credit Suisse.
  • Carnival (CCL) to buy from hold at Deutsche Bank.
  • SunTrust (STI) and TD Bank (TD) to outperform from market perform at Keefe Bruyette.
  • Hawaiian Electric (HE) to outperform from neutral at RW Baird.
  • Essex Property Trust (ESS) to outperform from neutral at Macquarie.
  • Amgen (AMGN) to neutral from underperform at BofA/Merrill.

Continue reading Analyst Calls: EBAY, ERIC, MMI, MSI, NKE, QCOM, RL, ROK, SWY, WAG ...

Analyst Calls: EBAY, ERIC, MMI, MSI, NKE, QCOM, RL, ROK, SWY, WAG ... originally appeared on BloggingStocks on Tue, 04 Jan 2011 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AmgenAMGNanalyst upgradesASBCCALXCarnivalCCLDKSdowngradesEBAYERICEricssonESSFinish LineFINLHEinitiationsinthenewsIRKapStoneKSMMIMotorola MobilityMotorola SolutionsMSIMYRGNikeNKEPolo Ralph LaurenQCOMQualcommRLRockwellROKRPMSafewaySTISunTrustSuperValuSUPXSVUSWYTDTROWWAGWalgreenWWWTue, 04 Jan 2011 11:00:00 EST<![CDATA[Nike Sells Off on Weak Future Orders]]>http://www.bloggingstocks.com/2010/12/22/nike-earnings/http://www.bloggingstocks.com/2010/12/22/nike-earnings/http://www.bloggingstocks.com/2010/12/22/nike-earnings/#commentsFiled under: , , , , ,

Nike (NKE) logoAthletic footwear and accessory giant Nike Inc. (NKE) sold off in after-hours trading as investors reacted to weaker-than-expected future orders, despite posting better-than-expected earnings and revenues during the quarter.

Quarterly earnings were up 22% from the same period last year to $0.94 per share, versus analyst estimates for $0.88. Revenues were up 10% during the quarter to $4.84 billion, compared to Wall Street estimates for $4.80 billion.

Continue reading Nike Sells Off on Weak Future Orders

Nike Sells Off on Weak Future Orders originally appeared on BloggingStocks on Wed, 22 Dec 2010 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>athleticsearningsfeaturedfootwarefuture ordersinthenewsMark ParkerNikenike earningsNKEWed, 22 Dec 2010 09:00:00 EST<![CDATA[Easing Tension in Korea Pushes U.S. Futures Up]]>http://www.bloggingstocks.com/2010/12/21/easing-tension-in-korea-pushes-u-s-futures-up/http://www.bloggingstocks.com/2010/12/21/easing-tension-in-korea-pushes-u-s-futures-up/http://www.bloggingstocks.com/2010/12/21/easing-tension-in-korea-pushes-u-s-futures-up/#commentsFiled under: , , , , , ,

U.S. stock futures are higher Tuesday morning as tensions eased in the Korean Peninsula. Futures for the Dow Jones Industrial Average gained 32 points to 11,436.00, while those for the S&P 500 index moved up 3.90 points to 1,245.10. Futures for the Nasdaq 100 index gained 5 points to 2,225.25.

U.S. stocks closed mixed yesterday, with the Dow dropping 13.78 points, the S&P 500 index gaining 3.17 points and the Nasdaq Composite index rising 6.59 points.

No major economic data are due for release today.

Nike (NKE) is expected to report its earnings at 88 cents per share on revenue of $4.81 billion in the second quarter. Red Hat Inc (RHT) is all set to report its quarterly results after the closing bell.

Continue reading Easing Tension in Korea Pushes U.S. Futures Up

Easing Tension in Korea Pushes U.S. Futures Up originally appeared on BloggingStocks on Tue, 21 Dec 2010 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>adobe earningsadobe systemsfeaturedMartek Biosciencesnikenike earningsoilTue, 21 Dec 2010 08:30:00 EST<![CDATA[Nike Second Quarter Earnings Preview]]>http://www.bloggingstocks.com/2010/12/20/nike-second-quarter-earnings-preview/http://www.bloggingstocks.com/2010/12/20/nike-second-quarter-earnings-preview/http://www.bloggingstocks.com/2010/12/20/nike-second-quarter-earnings-preview/#commentsFiled under: , , , ,

Nike Q2 Earnings PreviewAthletic footware and accessories giant Nike Inc. (NKE) will get its chance to impress Wall Street when it reports its fiscal second quarter earnings following Tuesday's market close.

Investors are expecting to see a strong report, and this bullish view helped push the stock to a new 52 week high in Monday's trading session of $90.87.

Continue reading Nike Second Quarter Earnings Preview

Nike Second Quarter Earnings Preview originally appeared on BloggingStocks on Mon, 20 Dec 2010 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>athletic accessoriesathleticsearningsearnings previewfootwareforecastsNikeNKEUBSupgradesMon, 20 Dec 2010 17:00:00 EST<![CDATA[Week in Preview: Late Season Earnings from Nike, Bed Bath & Beyond, Darden]]>http://www.bloggingstocks.com/2010/12/19/week-in-preview-nike-bed-bath-and-beyond-darden-earnings/http://www.bloggingstocks.com/2010/12/19/week-in-preview-nike-bed-bath-and-beyond-darden-earnings/http://www.bloggingstocks.com/2010/12/19/week-in-preview-nike-bed-bath-and-beyond-darden-earnings/#commentsFiled under: , , , , ,

earnings expectationsCompanies continue to file quarterly reports late in the season, and a few are poised to spread some early holiday cheer for investors this week. Analysts surveyed by Thomson Reuters expect strong earnings results from Nike (NKE), Bed Bath & Beyond (BBBY) and Darden Restaurants (DRI), among others. Here's a quick look (for more details, see the DailyFinance Week in Preview).

Analysts forecast Nike's fiscal-second quarter earnings to come in at 88 cents per share, a 13.6% increase from the same period of last year. The world's leading athletic footwear maker also is expected to post revenue of $4.8 billion for the three months that ended in November. That's 9.3% more than the same period a year earlier. Note that Nike's earnings have not fallen short of consensus estimates in the past five quarters.

Continue reading Week in Preview: Late Season Earnings from Nike, Bed Bath & Beyond, Darden

Week in Preview: Late Season Earnings from Nike, Bed Bath & Beyond, Darden originally appeared on BloggingStocks on Sun, 19 Dec 2010 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADBEAdobeanalyst forecastsBBBYBed Bath and BeyondBed Bath and Beyond earningsCarnivalCCLDarden earningsDarden RestaurantsDRIearnings previewsfeaturedJabil CircuitJBLNikeNike earningsNKEWAGWalgreenSun, 19 Dec 2010 12:30:00 EST<![CDATA[Is Nike Headed for $100 and Beyond?]]>http://www.bloggingstocks.com/2010/12/16/is-nike-headed-for-100-and-beyond/http://www.bloggingstocks.com/2010/12/16/is-nike-headed-for-100-and-beyond/http://www.bloggingstocks.com/2010/12/16/is-nike-headed-for-100-and-beyond/#commentsFiled under: ,

So much for Nike's meandering. If you took advantage this summer to buy additional shares of the athletic footwear giant, first discussed here on May 12, 2009 at a price of $50.98, you made the correct move, and Nike has arced higher since.

Nike took out $80 resistance in October, and is now testing $90. Hence now may be a good time to consider taking some profits off the table with NKE.

Those investors who can tolerate the risk can hold on to their full position and go for an even bigger gain, as NKE is likely headed.

Continue reading Is Nike Headed for $100 and Beyond?

Is Nike Headed for $100 and Beyond? originally appeared on BloggingStocks on Thu, 16 Dec 2010 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>NikeThu, 16 Dec 2010 14:00:00 EST<![CDATA[Analyst Calls: AON, APOL, EXC, GOOG, NKE, NTAP, RIMM, UA, VRGY ...]]>http://www.bloggingstocks.com/2010/12/13/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/12/13/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/12/13/analyst-upgrades-downgrades/#commentsFiled under: , , , , , ,

Analyst Upgrades

  • Google (GOOG) to outperform from neutral at Wedbush.
  • Nike (NKE) to buy from neutral at UBS.
  • Apollo Group (APOL) to market perform from underperform at FBR Capital.
  • JDSU (JDSU) to overweight from neutral at Piper Jaffray.
  • NetApp (NTAP) to overweight from equal weight and Verigy (VRGY) to equal weight from underweight at Barclays.
  • RSC Holdings (RRR) to outperform from neutral at RW Baird.
  • Exelon (EXC) to buy from hold at Jefferies.
  • Aon (AON) and Willis Group (WSH) to outperform from market perform at Keefe Bruyette.
  • BMC Software (BMC) to outperform from neutral at Cowen.

Continue reading Analyst Calls: AON, APOL, EXC, GOOG, NKE, NTAP, RIMM, UA, VRGY ...

Analyst Calls: AON, APOL, EXC, GOOG, NKE, NTAP, RIMM, UA, VRGY ... originally appeared on BloggingStocks on Mon, 13 Dec 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analyst upgradesAONAPOLApollor GroupBMCCaviumCAVMDenburyDNRdowngradesEXCExelonGOOGGoogleinitiationsinthenewsJDSUKapStoneKSNetAppNGNikeNKENovaGoldNTAPOmniVisionOVTIPCPPNYPSAResearch In MotionRIMRIMMRRRRSCSODASoda StreamTENTennecoTextronTXTUAUnder ArmourVerigyVRGYWNRMon, 13 Dec 2010 11:30:00 EST<![CDATA[Tom Brady Spurns Nike for Under Armour]]>http://www.bloggingstocks.com/2010/11/09/tom-brady-spurns-nike-for-under-armour/http://www.bloggingstocks.com/2010/11/09/tom-brady-spurns-nike-for-under-armour/http://www.bloggingstocks.com/2010/11/09/tom-brady-spurns-nike-for-under-armour/#commentsFiled under: , ,

Interesting development in the world of football sponsorships, as New England Patriots quarterback Tom Brady decided to leave Nike (NKE) and jump ship to Under Armour (UA). This is a rather interesting decision for Brady, as NKE is a true heavyweight in the world of performance athletic apparel. But Brady's jump to UA shows that the company is here to stay.

Brady is set to appear in different in-store and advertising promotional campaigns. As part of the new deal, Brady will wear UA apparel and footwear while training and he will debut the new UA Fierce cleat.

Continue reading Tom Brady Spurns Nike for Under Armour

Tom Brady Spurns Nike for Under Armour originally appeared on BloggingStocks on Tue, 09 Nov 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>endorsementendorsementsfeaturedfootballinthenewsNikenkesponsorshipTom BradyuaUnder ArmourTue, 09 Nov 2010 11:30:00 EST<![CDATA[Nike Is Hitting On All Cylinders]]>http://www.bloggingstocks.com/2010/10/25/nike-hitting-on-all-cylinders/http://www.bloggingstocks.com/2010/10/25/nike-hitting-on-all-cylinders/http://www.bloggingstocks.com/2010/10/25/nike-hitting-on-all-cylinders/#commentsFiled under: ,

Nike (NKE) swooshNike (NKE) is performing wonderfully, which was evidenced by the company's blowout fiscal first quarter, which the company reported on September 23rd. Both EPS and revenue beat analysts' expectations.

Nike also reported that worldwide future orders for Nike footwear and apparel were up 10% compared to last year. This shows that the growth story at Nike remains intact. Investors clearly agree. The shares have risen 25% year to date.

Continue reading Nike Is Hitting On All Cylinders

Nike Is Hitting On All Cylinders originally appeared on BloggingStocks on Mon, 25 Oct 2010 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Berkshire HathawayBRK.Along investingnikeNKEwarren buffettMon, 25 Oct 2010 12:30:00 EST<![CDATA[Nike Posts Better-Than-Expected Q1 Earnings]]>http://www.bloggingstocks.com/2010/09/23/nike-posts-better-than-expected-q1-earnings/http://www.bloggingstocks.com/2010/09/23/nike-posts-better-than-expected-q1-earnings/http://www.bloggingstocks.com/2010/09/23/nike-posts-better-than-expected-q1-earnings/#commentsFiled under: , , , , ,

Nike First Quarter Earnings ReportShares of athletic footwear and accessories giant Nike Inc. (NKE) are trading up nicely in after hours trading after the company posted better than expected results for its fiscal first quarter this afternoon following the market close.

Going into today's earnings report, analysts had been expecting to see the company post $1.01 per share, but Nike outpaced estimates with a reported $1.14 per share.

Continue reading Nike Posts Better-Than-Expected Q1 Earnings

Nike Posts Better-Than-Expected Q1 Earnings originally appeared on BloggingStocks on Thu, 23 Sep 2010 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>athleticsearningsearnings reportsinthenewsMark ParkerNikeNKEThu, 23 Sep 2010 17:00:00 EST<![CDATA[The Week in Preview: Housing Data, Lennar's Earnings and More]]>http://www.bloggingstocks.com/2010/09/19/week-in-preview-housing-data-lennar-autozone-adobe/http://www.bloggingstocks.com/2010/09/19/week-in-preview-housing-data-lennar-autozone-adobe/http://www.bloggingstocks.com/2010/09/19/week-in-preview-housing-data-lennar-autozone-adobe/#commentsFiled under: , , , , , ,

housing sales housing startsHousing steps into the spotlight again this coming week. The release of the National Association of Homebuilders Housing Market Index starts out the week on Monday morning. Then on Tuesday morning, look for housing starts data from August. Release of the July FHFA House Price Index is scheduled for Wednesday. And numbers for existing home sales and for new home sales in August are due out Thursday and Friday, respectively. Overall, the housing market is expected to have continued to lose momentum in August, but less dramatically than in July.

Also on the economic calendar this week: Tuesday's FOMC meeting on interest rates, the Conference Board's Leading Economic Indicators Index for August on Thursday, initial jobless claims for last week, and durable goods orders data for August on Friday. No significant changes from the Fed are anticipated, but the leading economic indicators may rise a bit.

Continue reading The Week in Preview: Housing Data, Lennar's Earnings and More

The Week in Preview: Housing Data, Lennar's Earnings and More originally appeared on BloggingStocks on Sun, 19 Sep 2010 12:30:00 EST. Please see our terms for use of feeds.

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