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Nike Inc (NKE)

NKE on New York Consolidated

51.57USD
22 May 2017
Change (% chg)

$-0.20 (-0.39%)
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Thu, May 18 2017

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Hedge fund Hoplite pitches Nike as long bet, sees shares doubling

LAS VEGAS Hedge fund Hoplite Capital Management's John Lykouretzos on Thursday pitched Nike Inc as a favorite long position, saying that its stock price could double within three years amid strong international growth.

Hedge fund Hoplite pitches Nike as long bet, sees shares doubling

LAS VEGAS, May 18 Hedge fund Hoplite Capital Management's John Lykouretzos on Thursday pitched Nike Inc as a favorite long position, saying that its stock price could double within three years amid strong international growth.

BRIEF-J C Penney CEO -"Have no great optimism we'll be able to swing overall apparel to positive (in 2017)"

* On conf call- pleased with Q1 performance in active apparel and dress business, these improvements bode well for the balance of 2017

BRIEF-Nike declares $0.18 quarterly dividend

* Sets quarterly dividend of $0.18per share Source text for Eikon: Further company coverage:

BRIEF-AIK Fotboll starts new cooperation with Nike from 2018

* AIK FOTBOLL STARTS NEW COOPERATION WITH NIKE FROM 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Adidas outpaces Nike in North America and China

BERLIN Shares in Adidas rose to a record high on Thursday after the German sportswear firm reported a bigger than expected increase in first-quarter sales and profits, outpacing rival Nike in North America and China and growing fast online. | Video

UPDATE 3-Adidas outpaces Nike in North America and China

* Shares up 2 pct, top DAX gainer (Adds details from CEO conference call)

BRIEF-Nike says board approved amendments to company's third restated bylaws

* Nike Inc - board of directors approved amendments to company's third restated bylaws, effective April 20, 2017, to implement proxy access - SEC filing

McIlroy agrees new long-term deal with Nike

LONDON World number two Rory McIlroy has signed a long-term extension to his contract with Nike ahead of this week's U.S. Masters at Augusta National.

Golf-McIlroy agrees new long-term deal with Nike

LONDON, April 3 World number two Rory McIlroy has signed a long-term extension to his contract with Nike ahead of this week's U.S. Masters at Augusta National.

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