Tuesday, April 27, 2010

Adidas Shares Jump On Raised 2010 EPS Target

FRANKFURT (Dow Jones)–Shares in Adidas AG (ADS.XE) traded sharply higher Friday after the company released unscheduled and stronger-than-expected first quarter figures, prompting an increased earnings per share target for 2010.


Adidas, the world’s second-largest sports good maker after Nike Inc. (NKE) by sales, now forecasts full-year earnings per share …


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