-
Nikexit? SunTrust Sees Nike's Surrender Of Golf Business As Bullish For Callaway
Thursday, August 4, 2016 - 3:57pm | 268Read More...Nike Inc (NYSE: NKE)'s surprise announcement that it will exit the golf equipment business has left investors wondering how to best take advantage of the space with the top dog in sports throwing in the towel. Nike's large push into the golf market in the late 1990s coincided with the...
-
Callaway Up Big After Nike Announces It Will Stop Making Golf Clubs
Thursday, August 4, 2016 - 11:04am | 394Read More...Callaway Golf Co (NYSE: ELY) is up big Thursday, responding to the news that Nike Inc (NYSE: NKE) will stop manufacturing golf clubs. Nike will continue to sell golf footwear and apparel, similar offerings to what Under Armour Inc (NYSE: UA) currently makes for the golf industry. Under Armour's...
