Nike shares took a drubbing in early trading Friday after the athletic wear maker’s executives said they would raise prices across the board in response to increased costs. Get the full story »
Nike
Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.
BofA, others out as Berkshire trims portfolio
Warren Buffett’s Berkshire Hathaway Inc. added to its holdings of Wells Fargo & Co. in the fourth quarter, while eliminating positions in several other stocks including Bank of America Corp., according to a regulatory filing Monday.
Besides Bank of America, Berkshire sold all its shares of Becton Dickinson & Co., Comcast Corp. , Fiserv Inc., Lowe’s Cos. , Nalco Holding Co., Nike Inc. and American depository receipts of Nestle SA. Get the full story »
Jan. 13 at 5:01 p.m.
Filed under: Cell phones, Chicago executives, Consumer electronics, Personnel moves, Technology, Work culture Motorola Mobility names Nike executive to board
Motorola Mobility Holdings Inc., the newly independent cell phone and set-top box business of the former Motorola Inc., appointed Nike Inc. executive Jeanne P. Jackson to its board Thursday. Get the full story »
Adidas strives to overtake Nike
German sporting goods company Adidas aims to grow sales to $24 billion by 2015 as it strives to overtake market leader Nike. “Our aspirations are to outperform total market growth … to outgrow our major competitor and have the bottom line grow faster than the top line,” Chief Executive Herbert Hainer said on Monday in a presentation to analysts at the company’s headquarters in Herzogenaurach, Germany. Get the full story »
