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Under Armour Drops After Buckingham Downgrade

Under Armour Inc. shares fell 1.7% on Monday after Buckingham cut the stock to neutral from buy. Analyst John Zolidis said long-term oriented investors may maintain positions but said more risk-averse investors should reduce their exposure. He said he doesn't see the potential for "very large beats" to consensus estimates, adding the company's shares have risen 16%, compared to a 9% rise in the S&P 500, since his upgrade the stock in late January.Copyright © 2013 MarketWatch, Inc....

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  1. Under Armour Debuts Activity-Monitoring Device

    Under Armour Inc. (UA) this spring will sell an activity-monitoring device called Armour39, the latest gadget for consumers seeking to track and record their movemen...

  2. NPD Says U.S. Athletic-Footwear Sales Revenue Jumped 5% in 2012

    Higher prices and strong demand for cross-training and basketball shoes led the athletic-footwear industry to report a nearly 5% jump in U.S. sales revenue in 2012, ...

  3. Market Wrap for Thursday January 31: Stocks Fall for Second Day

    The U.S. stock market fell for the second day on Thursday after a report on Wednesday showed that the U.S. economy contracted in the fourth-quarter. Investors are pr...

  4. Under Armour Fourth-Quarter Net Up 54% on Strong Revenue Growth

    Under Armour Inc.'s (UA) fourth-quarter profit grew 54% on broad-based sales growth across all segments, led by strong demand for footwear, though the athletic-goods...

  5. Under Armour Footwear Executive Exit Sends Shares Lower

    Shares of Under Armour Inc. (UA) slipped Thursday after the athletic-gear maker said Gene McCarthy, a key footwear executive with past experience at Nike Inc. (NKE) ...

  6. Finish Line Reports Loss, Says Missed Basketball Trend

    Finish Line Inc. (FINL) reported a surprise loss for its fiscal third quarter, blaming a misjudgment in footwear trends and an unfavorable response to its new online...

  7. Quiksilver, Avon, Target Raised; Lululemon Cut

    Quiksilver Inc. jumped 8.3% on Friday after it was raised to buy from neutral by Goldman Sachs. Avon Products Inc. , direct seller of beauty products, rose 3% after ...

  8. Wal-Mart, Costco, Nike Among Sector Highlights

    Wal-Mart Stores Inc. fell 2% on Wednesday as the Wall Street Journal reported an inspection conducted last year for a supplier to the retail giant found serious fire...

  9. Foot Locker's 3rd-Quarter Net Up 61% as Sales Jump

    Foot Locker Inc.'s (FL) third-quarter profit jumped 61% as new colors and materials used in the latest athletic gear continue to resonate with consumers and gave the...

  10. Under Armour Third-Quarter Net Up 25% On Higher Sales

    Under Armour Inc.'s (UA) third-quarter profit climbed 25% on broad-based sales growth across all segments, though a conservative preliminary outlook for 2013 pushed ...

  11. Build-A-Bear, Crocs, Best Buy Drop; Skechers Up

    Build-A-Bear Workshop Inc. slumped 23% on Thursday after the retailer of make-your-own plush toys posted an unexpected third-quarter loss. Crocs Inc. fell 18% after ...

  12. Under Armour Q3 Net Up 25%, Stronger Than Estimate

    Under Armour Inc., the Baltimore apparel-and-footwear producer, reported third-quarter net income rose 25% on 24% higher revenue. Earnings reached $57.3 million, or ...

  1. Under Armour Up As Sales Drive Profit Upside

    Under Armour Inc. shares rose 2.7% on Friday. The athletic-gear maker's first-quarter profit slumped 47%, hurt by higher marketing and other costs, but its bottom li...

  2. Samsung to open brand shops in Best Buy stores; Wall Street approves

    Samsung Electronics Co Ltd <005930.KS> is planning to install its brand shops in more than 1,400 Best Buy Co Inc stores this year, a move that some on Wall Street sa...

  3. Nike Jumps 11%, Lifting Shares In Athletic Sector

    Nike Inc. shares rose 11% after it reported a better-than-expected quarterly result and its orders, a gauge of future demand, for China and North America also topped...

  4. Foot Locker's New Looks Could Help Sustain Sales Momentum

    New materials and colors used in athletic shoes and apparel have helped lift Foot Locker Inc.'s (FL) sales for nearly three years, but the specialty retailer is also...

  5. Tom Brady's Pay Cut: Should You Ever Slash Your Salary for the Team?

    Tom Brady accepted a new contract with the Patriots that pays him less than 50% of what he’s said to be worth. Should entrepreneurs or small business owners ever “take one for the team” in terms of salary?

  6. Under Armour Sues Rival Nike for Trademark Infringement

    Under Armour Inc. (UA) has filed a lawsuit against Nike Inc. (NKE), alleging the larger athletic-goods maker has infringed on the company's trademark ownership of th...

  7. Foot Locker Lifts Dividend By 11%, Issues New Buyback Program

    Foot Locker Inc. (FL), which has posted higher sales for nearly three years, plans to spend more money to invest in new store formats and expand in Europe, as well a...

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