Nike Inc (NKE.N)
30 Oct 2014
|Market Cap (Mil.):||$79,215.70|
|Shares Outstanding (Mil.):||861.51|
BERLIN - Shares in German sportswear firm Adidas AG jumped on Monday after the Wall Street Journal reported that an investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government planned a $2.2 billion bid to buy Reebok.
BERLIN, Oct 8 - German sportswear firm Adidas has appointed two new senior managers as part of an ongoing overhaul of its top leadership aimed at making the firm quicker to respond to consumer trends to keep up with bigger rival Nike.
* Shares down a third this year as Nike gains ground (Adds spokesman, shareholder comment, background)
* Nike based in fashionable Portland, now global footwear hub
HERZOGENAURACH Germany - Adidas needs world-class designers, brand experts and technical whizzkids to improve its image against U.S. rival Nike , but persuading them to move to its headquarters in rural Germany is difficult.
Sept 26 - Nike Inc's shares rose as much as 11 percent to a record high after the world's largest sportswear maker reported a better-than-expected quarterly profit, prompting at least 13 brokerages to raise their price targets on its stock.
NEW YORK, Sept 26 - U.S.-listed shares of Blackberry Ltd were leading premarket actives on the Nasdaq Friday after the company posted quarterly results.
REUTERS - Nike Inc, the world's largest sportswear maker, reported a better-than-expected quarterly profit as it gains market share in Europe and focuses on higher-margin products such as Flyknit soccer boots.
(Adds forecast, comments from analyst, executive; updates shares) (Adds byline)
Sept 25 - Nike Inc, the world's largest sportswear maker, reported a 15 percent jump in quarterly sales as the company reaps the benefits of heavy marketing investment during the soccer World Cup.