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Nike Inc. (NKE) Profit Rises 51 Percent
2007-09-20 23:24:00 Nike Inc. reported a 51-percent increase in fiscal first-quarter net income on Thursday, boosted by higher revenue and future orders along with favorable exchange rates for the world's largest athletic shoe and clothing company.Net income reached $569.7 million, or $1.12 per share for the quarter ending Aug. 31, up from $377.2 million, or 74 cents per share, for the same period a year earlier.Revenue for the quarter rose 11 percent to $4.7 billion. Changes in currency exchange rates contributed 3 percentage points to revenue growth for the quarter. var dc_UnitID = 14; var dc_PublisherID = 18712; var dc_AdLinkColor = 'blue'; var dc_isBoldActive= 'no'; var dc_adprod='ADL'; ;
By: Jim Cramer Blog
Nike Inc. (NKE) Suspends Michael Vick's Contract
2007-07-28 20:49:00 Saying it's "concerned" by the dogfighting charges against Atlanta Falcons quarterback Michael Vick, Nike Inc. said Friday it has suspended Vick's endorsement contract without pay and will not sell...
By: Jim Cramer Blog
Nike Inc. (NKE) Income Jumps 32 Percent
2007-06-27 03:52:00 Nike Inc. said Tuesday its fiscal fourth-quarter net income jumped 32 percent because of strong gains in overseas markets, subsidiary business and future orders for the world's largest athletic shoe...
By: Jim Cramer Blog
Stock Market Wrapup June 26th
2007-06-27 01:56:00 The Dow, Nasdaq, and S&P 500 seesawed but stayed up for most of the day before ending down slightly amidst concerns about tomorrow's Fed meeting. Consumer confidence numbers for June were released...
By: Jim Cramer Blog
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