Nike to cut 1400 jobs and reduce trainer styles

Nike to cut 1400 jobs and reduce trainer styles

Nike to cut 1400 jobs and reduce trainer styles

Two Sigma Securities Limited Com reported 5,395 shares. Northwest Invest Counselors Lc has 0.72% invested in Nike Inc (NYSE:NKE) for 27,821 shares.

NIKE, Inc. (NYSE:NKE) has a market cap of $89.91 billion and over the last 12 months, NKE has declined by -1.09%. Tcw Grp accumulated 98,550 shares. Healthcor Limited Partnership holds 3.88% of its portfolio in VCA Inc (NASDAQ:WOOF) for 1.00M shares. The stock declined 0.03% or $0.03 reaching $92.46 per share. Parametric Portfolio Associates Llc acquired 21,843 shares as Wesco Intl Inc Com (WCC)'s stock declined 13.95%. Choate Inv Advsr invested in 43,776 shares or 0% of the stock. Front Barnett Associates Ltd Liability Company stated it has 0.06% of its portfolio in Nike Inc (NYSE:NKE). The Delta Lloyd Nv holds 336,364 shares with $17.10M value, up from 305,952 last quarter. Los Angeles Capital Management And Equity Rech reported 9,699 shares. Cap Rech Glob Investors reported 0.36% in Nike Inc (NYSE:NKE). Bluefin Trading Ltd Llc owns 14,364 shares. Gierl Augustine Investment Management Inc now owns 2,121 shares of the footwear maker's stock worth $118,000 after buying an additional 107 shares during the period. On Tuesday, April 4 the insider SPRUNK ERIC D sold $111. Shares for $10.48 million were sold by Ayre David J on Tuesday, January 3. LECHLEITER JOHN C had bought 1,000 shares worth $56,301 on Friday, March 24. PANGIA ROBERT W also sold $1.61M worth of Biogen Inc (NASDAQ:BIIB) shares. $196,842 worth of Symantec Corporation (NASDAQ:SYMC) was sold by Rosch Francis C. 7,200 shares valued at $217,671 were sold by LAYBOURNE GERALDINE B on Monday, April 3.

Wesbanco Bank Inc. increased its stake in shares of Nike, Inc. During the same quarter in the previous year, the firm earned $0.55 earnings per share. The current share price indicate that stock is -12.48% away from its one year high and is moving 85.60% ahead of its 52-week low. PARKER MARK G also sold $3.66 million worth of Nike Inc (NYSE:NKE) on Thursday, June 1. It has underperformed by 25.94% the S&P500. For the last month, shares have performed 1.66%.

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The effort will be led by Nike brand president Trevor Edwards and supported by a new internal structure that's created to unite Nike's website, direct-to-consumer retail stores and its Nike+ digital products under a single strategy.

News stories about Nike (NYSE:NKE) have been trending somewhat positive on Thursday, according to AlphaOne Sentiment. Now the P/E of NIKE, Inc. Therefore 62% are positive.

Rosenblum Silverman Sutton S F Inc decreased Nike Inc. Nike now has a consensus rating of "Hold" and a consensus target price of $60.78. Nike Inc. had 135 analyst reports since July 29, 2015 according to SRatingsIntel. Nike reduced the price for LeBron James's signature shoes over several years from more than $200 a pair to between $140 and $170. The stock has "Outperform" rating by Credit Suisse on Thursday, February 4. The stock of Nike Inc (NYSE:NKE) has "Buy" rating given on Monday, October 19 by BB&T Capital. Moreover, Brick & Kyle has 0.04% invested in Nike Inc (NYSE:NKE). S&P Research has "Buy" rating and $136 target. NKE options traders are bracing for even more losses, with more than 57,000 puts traded so far - six times what's typically seen, and volume is on track to settle in the 98th annual percentile. The rating was maintained by Piper Jaffray on Friday, September 25 with "Overweight". Berenberg Bank reissued a "buy" rating and issued a $70.00 price objective on shares of Nike in a research note on Wednesday.

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