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Morgan chase down nike shox australia 2012 recurrent surplus measure 10%, think with inventory problems and substantial discounts, sportswear department still encounter difficulty. So the maintenance of Nike "underweight" rating,http://www.cheapnikeshoesx.net/ target price of 7 Hong Kong dollars down to 4.5 Hong Kong dollars.

Guotai Junan international also by nike free 2012-2014 net profit forecast by 37.3%, 23% and 17.6%, the company lowered rating to "reduce", cut the target price to 4.33 Hong Kong dollars. And said, Nike recovery is expected long, sponsored by CBA and not worth the money, the profitability of the company to deteriorate again disappointed.

In fact, cheap nike Company in 2011 began a substantial decline in performance. Nike 2011 Annual Report, annual income in 2011 for $8929000000, 5.8% less than in 2010; plus depreciation and amortization EBITDA for $891000000, 49.4% less than in 2010; the profit attributable to equity holders for $386000000, less than in 2010 65.2%.

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