Nike Inc (NKE.N)
|Market Cap (Mil.):||$77,452.13|
|Shares Outstanding (Mil.):||868.30|
* 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.
* Futures: Dow up 2 pts, S&P off 0.5 pt, Nasdaq off 2.25 pts
Sept 19 - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.