Footwear

Goldman Sachs has a Neutral rating and a $85 price target on shares of Nike (NYSE: NKE), as it previews Nike earnings. In a note to clients, Goldman writes, "NKE reports F4Q11 EPS on June 27th and hosts an investor day on June 28th. We are above consensus for the quarter ($1.21 vs. FirstCall...

Cusick's Corner The market is experiencing a nice oversold squeeze to the upside which is the type of action that one can expect now, it's choppy trading while Greece and the Fed work out austerity plans and their next steps, if any (for the Fed there may be additional QE, Quantitative Easing). I...

There is a lot of money in making war and even more to be made when the shooting stops. An investor who, like the majority of the world's politicians, has a moral compass that always points to opportunity and knows that blood on the hands easily washes off, can find plenty of interesting plays in...

Sterne Agee reiterated its Buy rating on Nike (NYSE: NKE). At the same time, Sterne Agee left its price target unchanged at $100 after revising the company's 2012 earnings per share estimates upwards. In a research report published today, Sterne Agee stressed its belief that global events like...

Shoemakers were one bright spot in an otherwise tough week for the market. Rubber clog maker Crocs (CROX) gained 7% for the week, taking out a new high. Rugged footwear maker Timberland (TBL) spiked 43% after VF (VFC), owner of Jansport, NorthFace and other brands, said it would buy the company...

NIKE, Inc. (NYSE: NKE) announced today Jill K. Conway and Ralph D. DeNunzio have decided to retire from the Nike Board of Directors and not stand for re-election at the annual meeting of shareholders in September 2011.

Shares of footwear apparel company Crocs, Inc. (NASDAQ: CROX) have surged 8% on Thursday, and are trading at their highest level since February 2008. Volume has been huge in the name with more than 3.15 million CROX shares already trading hands on the session compared to a 3-month daily average of...

Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet How to Score a Free Hotel Upgrade During the recession, travelers could have walked into most hotels and motels in the country with a reservation for a standard room and easily talked their way into an upgrade, so...

Shares of Crocs, Inc. (NASDAQ: CROX) are higher on the session by 3.24%, currently trading at $22.64. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short...

Cusick's Corner Let's take a look at a major sector -- most notably beaten up is Energy, Crude down $-2.19, and the Energy ETF XLE has broken support. This break is a potential signal that the part of the market that has been outperforming is now under pressure since the Saudis came in and upped...

Cusick's Corner Lately I have had a new mantra, "Be an Optimist." However, there is not much on the financial landscape that makes me feel that way, nothing. But I remind myself that emotion is the very thing trading is all about. There are strategies that play to this very mood, .i.e. bearish...

Cusick's Corner As I said in the past few Corners, a bounce here is not unexpected, especially after the pounding that has been going on the last 6 sessions. What is concerning me is that Tech was the real laggard today, and some might say it is about time. But I watch offensive sectors closely,...

By 10:25 am, the Dow Jones Industrial Average was up 36.14 points, or 0.30%, to 11,988.05, while the broader Standard & Poor's 500 index had gained 5.02 points, or 0.39%. The NASDAQ composite index rose 11.14 points, or 0.42%. Some of the narrow based indexes that are driving the markets are...

Shares of EMS Technologies Inc (NASDAQ: ELMG) surged about 32.5% after Honeywell International Inc (NYSE: HON) announced its plans to buy EMS Technologies for around $491 million. The purchase price values EMS at $33 per share, representing a 72% premium to the stock's three-month trading average....

While Dirk Nowitzki was busy making Mark Cuban look like the genius he is, and while LeBron James was busy LaChoking away yet another championship opportunity, the financial world was busy buying, selling, and merging themselves into a frenzy. Here is a roundup of some of the weekend's mergers and...