International Business News - NKE http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Among the stock activity stories for Friday, Nov. 21, from AP Financial News: CHARLOTTE, N.C. (AP)--KeyCorp shares tumbled Friday, as investors punished the regional bank for slashing its dividend for the second time in five months and continued to flee financial stocks amid concerns about the stability of the sector. http://www.ibtimes.com/articles/20081121/movers-roundup-keycorp-tivo.htm Fri, 21 Nov 2008 14:35:14 EST Shares of Nike Inc. jumped Friday after the shoe and apparel company increased its regular quarterly dividend by 9 percent, to 25 cents from 23 cents per share. http://www.ibtimes.com/articles/20081121/nike-shares-jump-on-dividend-increase.htm Fri, 21 Nov 2008 19:32:22 EST Shoe and apparel company Nike Inc. on Friday increased its regular quarterly dividend by 9 percent to 25 cents from the prior payout of 23 cents. The company will pay the dividend on Jan. 5, 2009 to shareholders of record Dec. 8. http://www.ibtimes.com/articles/20081121/nike-boosts-regular-dividend-by-9-percent.htm Fri, 21 Nov 2008 06:25:36 EST Nike Inc. is pulling one of its popular training devices from the market just before the holidays because of faulty displays. Nike said Wednesday that it is conducting a voluntary recall of its Nike+ SportBand, which uses a sensor system in a Nike armband and shoe to help runners track their workout details. http://www.ibtimes.com/articles/20081112/nike-pulls-faulty-running-tool.htm Wed, 12 Nov 2008 18:17:30 EST Nike Inc. spent $120,000 in the third quarter to lobby on fitness issues, trade and other matters, according to a recent disclosure report. The Beaverton, Ore.-based athletic shoe and apparel company also lobbied on legislation involving physical education, intellectual property, greenhouse gas reduction and more during the July-September period. http://www.ibtimes.com/articles/20081111/nike-spent-120k-lobbying-government-in-3q.htm Tue, 11 Nov 2008 08:57:39 EST The University of Chicago announced Thursday that an alumnus has given its business school a $300 million gift, a record sum that comes as many universities worry they'll see donations dry up amid the financial meltdown. http://www.ibtimes.com/articles/20081107/alum-gives-u-of-chicago-300m-for-business-school.htm Fri, 07 Nov 2008 09:01:46 EST The University of Chicago announced Thursday that an alumnus has given its business school a $300 million gift, a record sum that comes as many universities worry they'll see donations dry up amid the financial meltdown. http://www.ibtimes.com/articles/20081106/alum-gives-u-of-chicago-300m-for-business-school.htm Thu, 06 Nov 2008 22:52:50 EST Adidas AG, the world's No. 2 athletic gear and apparel maker, said Thursday its third-quarter profit rose 2 percent on higher sales and confirmed its outlook for the rest of the year. But uncertainty led it to pull its guidance for 2009, the company said. http://www.ibtimes.com/articles/20081106/adidas-3q-net-up-2-percent-but-pulls-09-guidance.htm Thu, 06 Nov 2008 02:47:37 EST Nike Inc. founder Phil Knight and his wife, Penny, are donating $100 million to Oregon Health & Science University's Cancer Center. The Knights and OHSU announced the private donation, the largest in OHSU's history, on Wednesday. OHSU will rename the state's only National Cancer Institute the OHSU Knight Cancer Institute. http://www.ibtimes.com/articles/20081029/phil-knight-donates-100-million-to-ohsu.htm Wed, 29 Oct 2008 14:31:35 EDT Nike Inc. unveiled a new line of products Tuesday that use, for the first time, its more eco-friendly design process across all its key sports. Nike has used its "Considered" design in selected products for over the past few years, but it is now using it in its six key categories: basketball, running, soccer, women's training, men's training and sportswear as well as tennis and its All Condition Gear. http://www.ibtimes.com/data/articleimgs/161408-nike-considered.jpg http://www.ibtimes.com/articles/20081028/nike-plans-to-use-more-eco-friendly-design.htm http://www.ibtimes.com/articles/20081028/nike-plans-to-use-more-eco-friendly-design.htm Tue, 28 Oct 2008 15:12:02 EDT While many U.S. companies have slashed their dividends this year, one analyst said shoe giant Nike Inc. may be gearing up for a dividend increase. Citigroup analyst Kate McShane said Thursday, in a note to investors, that it is likely Nike will announce a "sizable dividend increase" in November. http://www.ibtimes.com/articles/20081023/citigroup-says-nike-dividend-increase-likely.htm Thu, 23 Oct 2008 15:11:14 EDT Among the stock activity stories for Wednesday, Oct. 22, from AP Financial News: NEW YORK (AP)--Shares of casino operator MGM Mirage Inc. plunged 14 percent Wednesday after Fitch Ratings downgraded the company on worries about financing its $9.2 billion CityCenter megaresort. http://www.ibtimes.com/articles/20081022/movers-roundup-mgm-mirage-blackrock.htm Wed, 22 Oct 2008 14:23:35 EDT Shares of Nike Inc. tumbled Wednesday as analysts predicted the economic slowdown would spread globally and hurt the world's largest shoe and apparel company's results. http://www.ibtimes.com/articles/20081022/analysts-see-global-slowdown-crimping-nike.htm Wed, 22 Oct 2008 21:23:31 EDT Nike Inc. has sued Wal-Mart Stores Inc., alleging the giant retailer is selling shoes that infringe on Nike's patented designs. Nike says in its complaint, filed Monday, that the Wal-Mart shoes too closely resemble its Nike Shox footwear. Those shoes have a spring-like device in the heel. http://www.ibtimes.com/articles/20081016/nike-sues-wal-mart-for-patent-infringement.htm Thu, 16 Oct 2008 15:47:40 EDT Wall Street turned in another stunning finish Thursday and extended its unprecedented streak of volatility--this time, to the upside--as investors spent a fractious session again struggling with fears about a recession but giving in to a last-hour wave of buying. The Dow Jones industrials ended up 400 points, after falling 380 early in the session. http://www.ibtimes.com/data/articleimgs/153574-wall-street.jpg http://www.ibtimes.com/articles/20081016/stocks-set-open-higher-after-wednesday-drop.htm http://www.ibtimes.com/articles/20081016/stocks-set-open-higher-after-wednesday-drop.htm Thu, 16 Oct 2008 18:19:46 EDT Information-technology services provider TechTeam Global Inc. said it has hired a former Archer Daniels Midland Co. executive, Margaret Loebl, to be chief financial officer and treasurer. http://www.ibtimes.com/articles/20081007/techteam-global-names-margaret-loebl-as-cfo.htm Tue, 07 Oct 2008 14:52:51 EDT An Omaha man has lost his patent infringement lawsuit against Nike Inc. Gerald Kellogg sued the Beaverton, Ore.-based athletic shoe and apparel company in 2007, claiming Nike had stolen his design for a vented cap. Kellogg sought between $2 million and $8 million. http://www.ibtimes.com/articles/20081003/omaha-man-loses-patent-lawsuit-against-nike.htm Fri, 03 Oct 2008 11:33:46 EDT Among the stock activity stories for Thursday, Sept. 25, from AP Financial News: CHICAGO (AP)--Shares of home decor chain Bed Bath & Beyond Inc. climbed Thursday, a day after the retailer posted same-store-sales results that were modestly above expectations. http://www.ibtimes.com/articles/20080925/movers-roundup-bed-bath-beyond-nike.htm Thu, 25 Sep 2008 14:37:19 EDT 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. http://www.ibtimes.com/articles/20080925/nike-shares-soar-following-1q-earnings-report.htm Thu, 25 Sep 2008 19:55:36 EDT Among the premarket activity stories for Thursday, Sept. 25, from AP Financial News: BOSTON (AP)--A JPMorgan analyst on Thursday said the lodging industry will be hurt by declining corporate travel business, growing room cancellations and tough rate negotiations with corporate clients, as well as softening international revenue. http://www.ibtimes.com/articles/20080925/premarket-roundup-lodging-industry-beazer.htm Thu, 25 Sep 2008 10:14:35 EDT