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NKE

Nike

$83.27

0.46 (0.56%)

17:03
08/22/19
08/22
17:03
08/22/19
17:03

Michael Avenatti plans subpoenas to prove Nike claims, Bloomberg says

Attorney Michael Avenatti will demand records from Nike that his lawyer claims will clear him of extortion charges and prove that people at the sportswear giant illegally funneled money to elite high school basketball players, Bloomberg's Chris Dolmetsch and Gerald Porter Jr. report. Avenatti is seeking materials to prove that a youth basketball coach he represented had a legitimate claim against Nike and that Avenatti was pursuing that claim, rather than trying to extort the company for a payoff as prosecutors claim, the authors note. Reference Link

  • 19

    Sep

NKE Nike
$83.27

0.46 (0.56%)

07/11/19
ARGS
07/11/19
NO CHANGE
Target $200
ARGS
Buy
Lululemon price target raised to $200 from $195 at Argus
Argus analyst John Staszak raised his price target on Lululemon (LULU) to $200 and kept his Buy rating, saying the company has "substantial opportunities" to expand outside North America, especially in the China market. The analyst is also positive on Lululemon's strong brand, growing e-commerce sales, and prospects in the apparel sector. Staszak notes that his new price target models a forward earnings multiple of 36-times, which is in the middle of the 22- to 44-times multiples of peers like Nike (NKE), Under Armour (UA), and VF Corp (VFC).
07/29/19
JEFF
07/29/19
NO CHANGE
JEFF
Under Armour sneaker discounts down for each month in Q2, says Jefferies
Jefferies analyst Randal Konik says his firm's July webscrapes illustrate that Under Armour's (UAA) percentage of product on discount is down for each month in Q2 and in July, "suggesting continued momentum" into Q3. Under Armour product is selling out, discounting is down, and inventory is controlled, says the analyst. In his survey work, Nike (NKE) still remains top-of-mind in running, however Adidas (ADDYY) "appears to be exhibiting strength too." In basketball, Nike continues to be the dominant player, with notable traction in Giannis Antetokounmpo's first signature shoe, the Zoom Freak 1, Konik tells investors in a research note. The analyst surveyed 200 footwear retailers, discussing the dynamics of Nike, Adidas, and Under Armour in both basketball and running.
08/02/19
PIPR
08/02/19
NO CHANGE
PIPR
More tariffs could bring 'near-term pain' for retail margins, says Piper Jaffray
Piper Jaffray analyst Erinn Murphy revisited her views on the Global Lifestyle Brands group after President Trump announced a 10% tariff on all remaining goods coming from China starting September. In her group, Steven Madden (SHOO) and G-III Apparel (GIII) have the most direct incremental exposure to China. Her biggest concern, however, is that the tariffs come right into the back-to-school and holiday season. Goods have been priced and contracts for future orders have been inked, which presents "near-term pain" for gross margins as re-ticketing goods intra-season "can be tricky," Murphy tells investors in a research note. Retail stocks reacted aggressively on yesterday afternoon following Trump's tweet, which creates some opportunities, says Murphy. The analyst would be buyers of Under Armour (UAA), Nike (NKE) and VF Corp. (VFC). These names have diversified global footprints and lower than average exposure in China, she contends. On the flip side, if the Chinese consumer travels less, Ralph Lauren (RL), PVH Corp. (PVH), Tapestry (TPR), Capri Holdings (CPRI) and G-III could be hurt, cautions Murphy.
08/07/19
STFL
08/07/19
NO CHANGE
STFL
G-III, Yeti have higher than average risk from List 4 tariffs, says Stifel
Stifel analyst Jim Duffy said the direct, unmitigated impact of a proposed 10% tariff on "List 4" goods imported from China is contained to a single digit percentage headwind to calendar 2020 earnings for most of the 18 Sports and Lifestyle Brands companies he covers, though he identified G-III Apparel (GIII), Yeti (YETI) and potentially Dick's Sporting Goods (DKS) as having higher than group average exposure to the risk. He awaits more tariff details before adjusting estimates, but said he is constructive on higher-end and globally diversified brands, such as Lululemon (LULU), Columbia Sportswear (COLM), Nike (NKE), Under Armour (UAA) and VF Corp. (VFC).

TODAY'S FREE FLY STORIES

MODN

Model N

$28.43

0.275 (0.98%)

, IQV

Iqvia

$152.93

2.14 (1.42%)

16:49
09/17/19
09/17
16:49
09/17/19
16:49
Hot Stocks
Model N names Suresh Kannan as Chief Product Officer »

Model N (MODN) announced…

MODN

Model N

$28.43

0.275 (0.98%)

IQV

Iqvia

$152.93

2.14 (1.42%)

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GWW

Grainger

$291.76

-4.29 (-1.45%)

16:49
09/17/19
09/17
16:49
09/17/19
16:49
Conference/Events
Grainger management to meet with Buckingham »

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  • 24

    Sep

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ACGL

Arch Capital

$40.89

0.33 (0.81%)

16:48
09/17/19
09/17
16:48
09/17/19
16:48
Conference/Events
Arch Capital management to meet with Buckingham »

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  • 19

    Sep

TOL

Toll Brothers

$40.68

-0.11 (-0.27%)

16:47
09/17/19
09/17
16:47
09/17/19
16:47
Hot Stocks
Toll Brothers president Hartman sells over 40,000 common shares »

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KKR

KKR

$28.56

0.31 (1.10%)

16:45
09/17/19
09/17
16:45
09/17/19
16:45
Hot Stocks
VA Partners reports 8.8% stake in KKR »

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  • 20

    Sep

ADBE

Adobe

$284.59

1.54 (0.54%)

16:44
09/17/19
09/17
16:44
09/17/19
16:44
Hot Stocks
Adobe down 3.5% at $274.65/share after reducing Digital Experience bookings view »

Shares of Adobe are…

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  • 17

    Sep

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    Oct

  • 27

    Oct

16:41
09/17/19
09/17
16:41
09/17/19
16:41
General News
API crude inventories for week of September 13 »

API reports that crude…

CAL

Caleres

$22.08

-0.71 (-3.12%)

16:35
09/17/19
09/17
16:35
09/17/19
16:35
Hot Stocks
Caleres appoints Angela Bass as Chief Human Resources Officer »

Caleres announced Angela…

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  • 19

    Sep

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    Oct

CHSP

Chesapeake Lodging

$27.20

-0.2 (-0.73%)

, PK

Park Hotels & Resorts

$25.80

-0.32 (-1.23%)

16:34
09/17/19
09/17
16:34
09/17/19
16:34
Hot Stocks
Chesapeake Lodging completes sale of two new York hotels for $138M »

Chesapeake Lodging Trust…

CHSP

Chesapeake Lodging

$27.20

-0.2 (-0.73%)

PK

Park Hotels & Resorts

$25.80

-0.32 (-1.23%)

03/08/13
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CAE

CAE

$25.54

0.4 (1.59%)

16:34
09/17/19
09/17
16:34
09/17/19
16:34
Conference/Events
CAE management to meet with CIBC »

Meetings to be held in…

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  • 20

    Sep

  • 13

    Nov

UNVR

Univar

$22.68

0.29 (1.30%)

16:34
09/17/19
09/17
16:34
09/17/19
16:34
Hot Stocks
Univar selected as distributor for Unovyn's chlorinated paraffins in U.S. »

Univar Solutions has been…

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  • 23

    Sep

SGMS

Scientific Games

$23.62

-0.3 (-1.25%)

16:33
09/17/19
09/17
16:33
09/17/19
16:33
Hot Stocks
Scientific Games' Haddrill sells 45,681 common shares »

In a regulatory filing,…

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  • 23

    Sep

CLPHY

CLP Holdings

$0.00

(0.00%)

16:32
09/17/19
09/17
16:32
09/17/19
16:32
Conference/Events
CLP Holdings management to meet with CIBC »

Meeting to be held in…

03/08/13
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  • 19

    Sep

CBAY

CymaBay

$5.86

-0.02 (-0.34%)

16:31
09/17/19
09/17
16:31
09/17/19
16:31
Hot Stocks
CymaBay announces departure of Chief Medical Officer Pol Boudes »

CymaBay Therapeutics…

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  • 23

    Sep

AMR

Alta Mesa Resources

$0.12

0.0062 (5.64%)

16:31
09/17/19
09/17
16:31
09/17/19
16:31
Hot Stocks
Alta Mesa Resources receives Nasdaq notice of delisting »

Alta Mesa Resources…

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MGA

Magna

$53.89

0.05 (0.09%)

16:30
09/17/19
09/17
16:30
09/17/19
16:30
Conference/Events
Magna management to meet with CIBC »

Meeting to be held in…

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  • 17

    Sep

  • 19

    Sep

  • 24

    Sep

16:30
09/17/19
09/17
16:30
09/17/19
16:30
Options
Preliminary option volume of 17.2M today »

Preliminary option volume…

16:30
09/17/19
09/17
16:30
09/17/19
16:30
General news
Treasury Market Summary »

Treasury Market Summary:…

FB

Facebook

$188.13

1.89 (1.01%)

16:29
09/17/19
09/17
16:29
09/17/19
16:29
Hot Stocks
Facebook's Zuckerberg says Oversight Board a way to address 'harmful content' »

Mark Zuckerberg, the CEO…

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  • 20

    Sep

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    Oct

TTWO

Take-Two

$130.79

2.085 (1.62%)

16:28
09/17/19
09/17
16:28
09/17/19
16:28
Hot Stocks
Take-Two's Rockstar debuts own PC game launcher »

Take-Two's Rockstar,…

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  • 18

    Sep

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    Nov

IOTS

Adesto Technologies

$10.63

-0.66 (-5.85%)

16:27
09/17/19
09/17
16:27
09/17/19
16:27
Syndicate
Adesto Technologies files to sell Convertible Senior Notes due 2024 »

The amount was not…

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ADBE

Adobe

$284.59

1.54 (0.54%)

16:25
09/17/19
09/17
16:25
09/17/19
16:25
Earnings
Adobe sees FY19 digital experience bookings growth greater than 20% »

Adobe said in its Q3 call…

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  • 17

    Sep

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    Oct

JCAP

Jernigan Capital

$20.00

-0.04 (-0.20%)

, CUBE

CubeSmart

$35.92

0.82 (2.34%)

16:21
09/17/19
09/17
16:21
09/17/19
16:21
Hot Stocks
Jernigan Capital acquires membership interests in six properties »

Jernigan Capital (JCAP)…

JCAP

Jernigan Capital

$20.00

-0.04 (-0.20%)

CUBE

CubeSmart

$35.92

0.82 (2.34%)

03/08/13
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CHWY

Chewy

$30.20

-0.2 (-0.66%)

16:21
09/17/19
09/17
16:21
09/17/19
16:21
Earnings
Chewy sees FY19 revenue $4.75B-$4.8B »

The company sees 35%-36%…

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  • 17

    Sep

VRTS

Virtus Investment

$119.64

0.64 (0.54%)

16:21
09/17/19
09/17
16:21
09/17/19
16:21
Hot Stocks
Virtus Investment names Wendy Hills as EVP and Chief Legal Officer »

Virtus Investment…

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  • 18

    Sep

  • 19

    Sep

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