Orlando, FL -- (SBWIRE) -- 09/24/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On NIKE, Inc. (NYSE:NKE), The Boeing Company (NYSE:BA).
NIKE, Inc. (NYSE:NKE) stock dropped 0.56% to $68.98. The company plans to release its first quarter fiscal 2014 financial results on Thursday, September 26, 2013, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE management will host a conference call beginning at 2:00 p.m. PT to review results.
Additionally, Nike Inc. Chairman Philip Knight and his wife Penny Knight pledged $500 million to jumpstart a $1 billion cancer research initiative at Oregon Health & Science University. “It is incumbent on every one of us to do what he or she can to keep the miracles coming,” Knight said in remarks announcing the challenge at a gala for the Knight Cancer Institute at OHSU on Sept. 20. The gift is contingent on the university raising an additional $500 million for cancer within two years.
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The Boeing Company (NYSE:BA) shares climbed 0.75% and closed at $117.51. Boeing [NYSE: BA] and the U.S. Air Force on Sept. 23 said they have completed the first unmanned QF-16 Full Scale Aerial Target flight, demonstrating the next generation of combat training and testing.
Two U.S. Air Force test pilots in a ground control station remotely flew the QF-16, which is a retired F-16 jet modified to be an aerial target. The QF-16 mission profile included auto takeoff, a series of simulated maneuvers, supersonic flight, and an auto land, all without a pilot in the cockpit.
Additionally, the company on Sept. 20 said it is highlighting a diverse warfighting equipment portfolio - including an advanced high-performance tactical vehicle - during this year's Modern Day Marine exposition. The Marine Corps League event takes place Sept. 24-26 at U.S. Marine Corps Base Quantico. Boeing will display the Phantom Badger, a combat support vehicle that is small enough to fit in a MV-22 Osprey tiltrotor aircraft for transport.
Moreover, Sterne Agee analyst Peter Arment on Sept. 16 reiterated a Buy rating on The Boeing Company and raised the price target from $120.00 to $164.00.
Is BA going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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