Nike Inc. (NKE). The athletic shoe and clothing maker staved off margin pressure in the first quarter with strong revenue and price increases, and said it was confident about its position among peers as it heads toward the winter holidays. First-quarter net income rose 15 percent to $645 million, or $1.36 a share, from $559 million in the year ago period.
Nike is up 5.44 to 89.62 today.
Friday, September 23, 2011
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