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Reuters: Nike profit rises, but shares down on U.S. weakness

Started by chris, June 26, 2008, 12:41:08 AM

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chris

Nike profit rises, but shares down on U.S. weakness
      


SAN FRANCISCO (Reuters) - Nike Inc  reported a 12 percent rise in quarterly profit on Wednesday, boosted by international growth, but weakness in the U.S. market sent its shares down more than 5 percent.
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