Friday, January 7, 2011

Early Market News: Barnes & Noble Inc. (NYSE:BKS), Nike Inc. (NYSE:NIKE), FedEx (NYSE:FDX)

Several breaking news stories will affect stock prices as trading continues today. The following stocks should see some movement: Barnes & Noble Inc. (NYSE:BKS), Nike Inc. (NYSE:NIKE), FedEx (NYSE:FDX). Here is a more detailed look at the news that will affect each company when trading continues. Barnes & Noble Inc. (NYSE:BKS) Barnes & Noble Inc. (NYSE:BKS) has launched a Just-for-Kids Nook iPad application. Barnes & Noble Inc. (NYSE:BKS) has expanded its children’s reading library to the iPad, offering a free app called Nook Kids now available on the App Store. The app offers over 100 new interactive kids’ books drawn from the larger library of children’s offerings available on the Nook Color. Barnes & Noble Inc. (NYSE:BKS) said that they will eventually offer over 12,000 children’s chapter books in the Nook Kids app, which complements the regular Nook for iPad app that offers adults and older kids over two million digital titles. Nike Inc. (NYSE:NIKE) Nike Inc. (NYSE:NIKE) and TomTom have revealed Game-Changing Nike+ Sport Watch GPS. Nike Inc. (NYSE:NIKE) and TomTom have collaborated to create the Nike+ Sport Watch GPS Powered by TomTom. The Nike+ Sport Watch GPS is designed for high performance with an extremely clear and readable user interface that delivers the information necessary to the user in real-time while running. It adds personalization and motivational features to the running experience, including audible sounds, challenges, run reminders and more. Stefan Olander, the Vice President of Nike Inc. (NYSE:NIKE) Digital Sport said that, "The Nike+ Sport Watch GPS is a game-changing product that furthers our commitment to provide all athletes with unparalleled motivation and the tools to get better." FedEx (NYSE:FDX) FedEx Express has been ranked second in the Great Places to Work Survey in UAE. According to the rankings of local firms by the Great Place To Work Institute in UAE. FedEx (NYSE:FDX) is the only express transportation company to be among the winners. Hamdi Osman, senior vice president, Operations, FedEx (NYSE:FDX) Express Middle East, Indian Subcontinent and Africa, said, "This is borne out in our People-Service-Profit (P-S-P) philosophy, which is based on the belief that motivated people will provide the exceptional service necessary to delight our customers who in turn will ensure profits and continued growth. We are dedicated to the principle that our people are our most important asset." Expect more movement when trading continues for Barnes & Noble Inc. (NYSE:BKS), Nike Inc. (NYSE:NIKE) and FedEx (NYSE:FDX).
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