Nike sales reach $1 billion in China, CEO says
LOS ANGELES, March 19 (Reuters) - Nike Inc (NKE.N) has already reached $1 billion in sales in China, a year ahead of its original target, its chief executive said on Wednesday.
Chief Executive Mark Parker spoke during a conference call with analysts after reporting a 32 percent rise in quarterly net profit. (Reporting by Alexandria Sage; editing by Jeffrey Benkoe)
© Thomson Reuters 2009 All rights reserved
Citadel enters the fray
Kenneth Griffin's powerful hedge fund has waded into the case of Goldman Sachs' purloined computer code, suing three of its former employees for setting up Teza Technologies. Full Article | Full Coverage


