Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nyse  >  Nike Inc    NKE

NIKE INC (NKE)

Delayed Quote. Delayed  - 09/03 04:00:03 pm
110.85 USD   +0.14%
03:52a NIKE : Bill Bowerman and the Birth of Visible Innovation
09/03 NIKE INC : ex-dividend day
09/02 NIKE : BRIEF: UPDATE: Girl, 13, missing from Northwest Side found
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

NIKE, Inc. : Nike To Support Livestrong; 'Saddened' It Was Misled by Armstrong

01/18/2013 | 07:30am US/Eastern
   By Melodie Warner 
 

Nike Inc. (NKE) said it will continue to support the Livestrong Foundation, although it already terminated its contract with former professional cyclist Lance Armstrong in October.

In an interview with Oprah Winfrey that aired Thursday evening, Mr. Armstrong said he used performance-enhancing drugs to win his seven Tour de France titles. While being treated for testicular cancer, he created the Lance Armstrong Foundation, which is now known as the Livestrong Foundation. In October, Mr. Armstrong stepped down as chairman of the charity amid fallout from doping allegations.

On Friday, Nike said it doesn't condone the use of illegal performance-enhancing drugs in any manner and the company remains "saddened after being misled for more than a decade."

The maker of sports apparel pledged continued support of Livestrong's initiatives to help people affected by cancer.

Write to Melodie Warner at melodie.warner@dowjones.com.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

React to this article
Latest news on NIKE INC
03:52a NIKE : Bill Bowerman and the Birth of Visible Innovation
09/03 NIKE INC : ex-dividend day
09/02 NIKE : Entry into a Material Definitive Agreement, Termination of a Material Def..
09/02 NIKE : BRIEF: UPDATE: Girl, 13, missing from Northwest Side found
09/02 Reebok heads back to the gym with new German marketing blitz
09/02 NIKE : Above The Board: The Zoom All Court Ck
09/01DJGE Names First Female Vice Chair -- Update
09/01DJGE Names Beth Comstock as Its First Female Vice Chair
09/01DJGE Names First Female Vice Chair
09/01 General Electric names Beth Comstock as vice chair
Advertisement
Chart
Duration : Period :
Nike Inc Technical Analysis Chart | NKE | US6541061031 | 4-Traders
Income Statement Evolution
More Financials