NIKE, Inc. (NYSE:NKE) fell 5.54% to $87.19. Yesterday, the
company posted earnings of $457 million, or 94 cents a share, up from $375
million, or 76 cents a share, in the year-earlier period.
Revenue rose
to $4.84 billion from $4.41 billion in the year-earlier period.
Analysts
polled by FactSet Research were looking for a profit, on average, of 88 cents a
share, on sales of $4.8 billion.
The Finish Line, Inc. (NASDAQ:FINL) lost 5.96% to $17.67. The company posted
third-quarter net income of $4.12 million or $0.08 per share, compared to $6.59
million or $0.12 per share in the last year quarter.
On average,
fourteen analysts polled by Thomson Reuters expected the company to report
earnings of $0.05 per share. Analysts' estimates typically exclude special
items.
Net sales
for the quarter increased 8.7% to $260.93 million from $240.05 million in the
prior year quarter. Comparable store net sales increased 10.1% in the
third-quarter. Nine Wall Street analysts expected revenues of $249.09 million
for the period.
XOMA Limited (NASDAQ:XOMA) dropped 3.71% to $3.90. XOMA Ltd. is
a biopharmaceutical company focused on the discovery, development and
manufacture of therapeutic antibodies designed to treat inflammatory,
autoimmune, infectious and oncological diseases.
The median
Wall Street price target on the stock is $8 and the high target is set at $12. The
stock has the 50- Day Moving Average and 200-Day Moving Average prices of $2.43
and $3.85 respectively.
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