NIKE INC

Nike Inc on Thursday denied it has an endorsement deal with Michael Vick more than two years after dumping the National Football League quarterback following his arrest for bankrolling a dog-fighting ring. Nike said it was only supplying gear for Vick as it does with many athletes. In such deals, Nike does not pay the athlete.

U.S. stock index futures pointed to a higher open on Wednesday after robust factory data from Asia and better-than-expected results from Nike encouraged investors as the quarter comes to a close.

Nike Inc beat quarterly profit expectations as deep cost cuts and lower taxes more than offset crumbling revenue in key markets like the United States and China, sending its shares up 4.4 percent.

Nike Inc reported a stronger-than-expected quarterly profit as cost cutting and a lower tax rate more than offset revenue declines, sending its shares up 4.2 percent.

Nike Inc reported a first-quarter net profit on Tuesday that beat Wall Street estimates as the company cut costs to counter fewer orders and revenue declines in most of its key geographic regions.

Pony Inc. on Tuesday said it dismissed its trademark infringement suit against competitor Nike Inc.

Nike Inc reported a worse-than-expected global decline in forward orders, especially in its European region, sending shares of the world's largest athletic shoe and clothing company down nearly 5 percent in extended trading on Wednesday.

The Dow fell for the fourth day and other indexes ended well off the day's highs on Wednesday after the Federal Reserve reiterated concerns about the economic outlook at the end of its policy meeting.

Nike Inc reported a worse-than-expected global decline in forward orders sending shares of the world's largest athletic shoe and clothing company down 4.1 percent.

Nike Inc posted better-than-expected quarterly earnings but its forward orders fell 12 percent, sending shares of the world's largest athletic shoe and clothing company down 5 percent.

Nike Inc , the world's largest maker of athletic shoes and apparel, will slash 5 percent of its 35,000-strong global workforce, or 1,750 jobs, in the largest headcount reduction in the company's history.

(Correcrts third paragrah to indicate approximately 6,800 workers are at headquarters)

Nike Inc will slash 5 percent of its 35,000-strong global workforce in a sweeping overhaul to boost competitiveness.

President Barack Obama signed a $5.7 billion national service bill Tuesday to encourage Americans to volunteer, which also expands ways for college students to make money.

The Ethisphere Institute on Monday named 99 companies it says are the world's most ethical, its third annual listing designed to encourage ethical practices within the global business community.

NIKE Inc, the world's leading retailer of athletic footwear and apparel maker, said Wednesday its sales dropped in the third quarter of 2009.

Nike Inc , the largest global athletic shoe and clothing maker, beat Wall Street expectations on Wednesday with third quarter earnings but warned of shrinking worldwide demand.

Samsung Electronics, the world's largest electronics and information technology company headquartered in Suwon, South Korea has teamed up with Adidas, the German sportswear giant, to launch miCoach - a pedometer, heart rate monitor, MP3 player and a cell phone, all rolled into one.

College student Li Aihua wears his tattered, grungy Li Ning basketball sneakers with pride.

US Stocks dropped in late morning trading, in spite of higher than expected earnings results from Oracle Corp. and Nike Inc.

Nike Inc, reported Wednesday that its second quarter net income grew 10 percent, gained on international sales growth and athletic footwear.