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Nike Now Trading Up 10%
Tuesday, June 28, 2011 - 3:14pm | 77Read More...Shares of apparel retailer Nike (NYSE: NKE) are sitting near their highs for the session, up 10% to $89.73. The company reported much better than expected earnings yesterday after the closing bell and the stock has been accumulated on heavy volume throughout Tuesday's trading session. More than...
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Nike Running Over 10% Higher on the Session
Tuesday, June 28, 2011 - 2:25pm | 79Read More...Shares of Nike (NYSE: NKE) are trading higher in today's trading hours following the release of the company's Q4 earnings results yesterday. Currently, shares are higher by 10.06%, at $89.83. NIKE, Inc. reported Q4 EPS of $1.24 on revenues of $5.77 billion; the Street was looking for $1.16 per...
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Market Roundup
Tuesday, June 28, 2011 - 10:56am | 238Read More...Shares of Nike Inc (NYSE: NKE) gained about 7.2% after the company reported a 14% rise in its fourth-quarter profit. Nike reported its quarterly earnings at $594 million, or $1.24 per share, up from $522 million, or $1.06 per share, in the year-ago quarter. Its revenue surged 14% to $5.77 billion....
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NIKE Soaring In Pre-Market On Earnings Beat
Tuesday, June 28, 2011 - 9:19am | 183Read More...NIKE, Inc. (NYSE: NKE) shares are jumping this morning, gaining almost 5% after the company reported better than expected earnings last night after the bell. The Beaverton-based footwear maker reported earnings of $1.24 per share on $5.77 billion in revenues. Wall Street analysts were looking for...
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Sterne Agee Reiterates Buy on Nike
Tuesday, June 28, 2011 - 8:45am | 35Read More...Sterne Agee reiterated its Buy rating on Nike (NYSE: NKE). On Monday, Nike ended the day at $81.62. Its shares surged in today's pre-market trading, however, rising 4.63% to $85.40.
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Nike up Nearly 5% in Pre-market on Higher Than Expected Earnings
Tuesday, June 28, 2011 - 8:17am | 47Read More...Nike (NYSE: NKE) is up nearly 5% in pre-market on higher than expected earnings. The company reported EPS of $1.24 vs. $1.16 estimate and revenues of $5.8B vs. $5.54B estimate. Nike is currently trading at $85.50 in pre-market, which is a gain of 4.75%.
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News Summary for June 28, 2011
Tuesday, June 28, 2011 - 7:56am | 358Read More...This is your Benzinga news summary and traders' outlook for Tuesday, June 28, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading slightly lower after posting gains yesterday. The U.S. dollar is trading...
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US Stock Futures Slightly Down; All Eyes On Greece
Tuesday, June 28, 2011 - 6:15am | 363Read More...US stock futures are slightly lower this morning. Greek Parliament is scheduled to vote Wednesday on the EUR28.4 billion, five-year austerity package. Futures on the Dow Jones Industrial Average dropped 13 points to 11,977.00 and futures on the S&P 500 stock index fell 1.80 points to 1,274.50....
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Stocks To Watch For June 28
Tuesday, June 28, 2011 - 12:58am | 233Read More...Some of the stocks that may grab investor focus today are: Nike Inc (NYSE: NKE) reported a 14% rise in its fourth-quarter profit. Nike reported its quarterly earnings at $594 million, or $1.24 per share, up from $522 million, or $1.06 per share, in the year-ago quarter. Its revenue surged 14% to $...
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Market Roundup
Monday, June 27, 2011 - 11:59am | 329Read More...Shares of MetLife Inc (NYSE: MET) gained about 0.8% after Franco-Belgian financial services group Dexia SA (OTC: DXBGF) agreed to sell its Turkish life insurance business to MetLife for 162 million euros ($229.3 million). The transaction is likely to close by the end of 2011. MetLife will buy Dexia...
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City Reiterates Buy Rating On Nike
Monday, June 27, 2011 - 9:10am | 70Read More...According to Citi, Nike (NYSE: NKE) Buy rating is reiterated. Citi said that Nike will report its 4Q11 Results around 4:15pm on 6/27 with a conference call at 5pm. “We reiterate our Buy as we believe NKE has long-term growth with renewed apparel growth, innovation driving footwear sales, strong...
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Earnings Preview: Nike & How To Trade It
Monday, June 27, 2011 - 9:00am | 298Read More...Nike (NYSE: NKE) is going to report fourth quarter earnings tonight after the bell, and Wall Street will be looking forward to seeing how rising commodity costs are affecting the world's largest athletic footwear maker. Nike is expected to report earnings of $1.16 per share on revenues of $5.54...
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Capstone Upgrades Deckers Outdoor To Buy, $98 PT
Monday, June 27, 2011 - 8:12am | 25Read More...Capstone has upgraded Deckers Outdoor (NASDAQ: DECK) from Hold to Buy and has established a $98 price target.
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News Summary for June 27, 2011
Monday, June 27, 2011 - 8:01am | 321Read More...This is your Benzinga news summary and traders' outlook for Monday, June 27, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading slightly higher with the U.S. dollar trading slightly flat on the session...
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US Stock Futures Up Ahead Of Consumer Spending Data; All Eyes On Greek Crisis
Monday, June 27, 2011 - 6:07am | 271Read More...US stock futures are higher this morning, as investors are awaiting data on consumer spending. Futures on the Dow Jones Industrial Average surged 34 points to 11,915.00 and futures on the S&P 500 stock index rose 4.90 points to 1,267.90. Nasdaq 100 futures jumped 9.25 points to 2,217.00. US...

