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The Industry Standard (Free subscription) | 25/09/2008
Shares of Nike Inc. soared Thursday in the first day of trading after the company's better-than-expected first-quarter earnings report. Nike late Wednesday reported a lower quarterly profit, due to a one-time tax benefit in the prior year. Excluding the item, profit rose 10 percent on stronger sales worldwide. Total revenue rose 17 percent for the quarter, topping Wall Street...
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Market Watch (Free subscription) | 24/09/2008
Trading in Nike Inc. shares is halted after the shoe giant reports a lower first-quarter profit, but the general tone in the after-hours session is positive with stocks moving higher.
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The Portland Business Journal (Free subscription) | 25/09/2008
Nike Inc. shares jumped nearly 10 percent Thursday, one day after the company reported better-than-expected earnings thanks to exposure from the Beijing Olympics. (NKE)
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Miami Herald (Free subscription) | 24/09/2008
Nike Inc.'s profit fell in the fiscal first quarter from last year, which benefited from a special gain.
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Star Tribune (Free subscription) | 24/09/2008
The Beaverton, Ore.-based athletic shoe and apparel company reported Wednesday that its net income decreased to $510.5 million, or $1.03 per share, from $569.7 million, or $1.12 per share. But the 2007 quarter included a special item that increased earnings per share by 20 cents.
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The Washington Times (Free subscription) | 24/09/2008
Nike Inc.'s profit fell in the fiscal first quarter from last year, which benefited from a special gain.
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The Portland Business Journal (Free subscription) | 22/09/2008
Nike Inc. on Monday said its board approved a four-year, $5 billion stock repurchase program. (NKE)
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Examiner (Free subscription) | 24/09/2008
Nike Inc.'s profit fell in the fiscal first quarter from last year, which benefited from a special gain.
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Seattle Times (Free subscription) | 24/09/2008
Nike Inc.'s profit fell in the fiscal first quarter from last year, which benefited from a special gain.
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Market Watch (Free subscription) | 24/09/2008
SAN FRANCISCO (MarketWatch) -- Nike Inc. reported late Wednesday net income for its fiscal first-quarter 2009 fell to $510.5 million, or $1.03 a share, from $569.7 million, or $1.12, a year ago. The year-ago results included a one-time tax gain that added 20 cents a share to the bottom line. For the three months ended Aug. 31, Nike's revenue rose 17% to $5.4 billion, boosted by...
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The Earth Times Online Newspaper (Free subscription) | 22/09/2008
NEW YORK (Reuters) - Athletic shoe and clothing maker Nike Inc said on Monday that it planned to repurchase an additional $5 billion of its own stock over four years.
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San Fransisco Chronicle (Free subscription) | 24/09/2008
Nike Inc.'s profit fell 10 percent in its fiscal first quarter as a special gain in the prior year did not recur, the company said Wednesday. Sales rose, however, with help from international operations. The Beaverton, Ore.-based athletic shoe and apparel...
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The Portland Business Journal (Free subscription) | 24/09/2008
Nike Inc., showing rapid growth in Asia, reported first quarter earnings Wednesday that beat analyst estimates. (NKE)
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Reuters (Free subscription) | 24/09/2008
SAN FRANCISCO (Reuters) - Nike Inc , the world's largest athletic footwear and apparel company, posted a 10 percent fall in quarterly net profit on Wednesday, due to a year-ago tax benefit, but earnings beat Wall Street estimates.
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Philadelphia Inquirer (Free subscription) | 23/09/2008
Microsoft Corp., Hewlett-Packard Co. and Nike Inc. announced stock repurchase plans yesterday worth a combined $53 billion as they reacted to Wall Street's 17 percent decline this year and sought ways to invest growing piles of cash.
