Fast Money traders Mike Murphy and Josh Brown debate the bull versus bear case on Nike. And Ron Sloan, Invesco, reveals his "good news is good news" stock plays in companies like, Macy's, General Electric, Parker Hannifin, and UnitedHealth Group.
The TODAY anchors chat about the topics making headlines today, including the announcement that Nike is cutting ties with Livestrong, a nonprofit foundation supporting people affected by cancer, as the latest fallout from Lance Armstrong’s doping scandal.
Apparel giant Nike has announced that it will stop making Livestrong brand merchandise after the 2013 holiday line is completed.
Fast Money trader Simon Baker explains how he is playing his bearish call on Nike. And, four stocks lighting up the Twitter-feed, with the FMHR traders.
Nike is higher today after Goldman Sachs announced a buy rating on the stock. The FMHR traders debate how to play the stock now.
Nathan Sorrell came into the public spotlight last summer as the overweight young star of a Nike commercial. The ad was criticized by some as exploitative, but he’s back in the studio to talk the 32 pounds he’s lost.
Phil Knight, CEO of Nike, arrives at the annual Allen and Co. conference at the Sun Valley, Idaho Resort July 11, 2013. REUTERS/Rick Wilking (UNITED STATES - Tags: BUSINESS)
Garment workers gather to protest in front of the Kampong Speu Province Court, June 5, 2013. Thousands of workers held a protest on Wednesday to demand the release of eight union leaders who were arrested on Monday. Hundreds of angry workers rampaged through a factory that supplies US sport wear com