Trader’s Alert: Nike Inc (NYSE:NKE), Renren Inc (NYSE:RENN), Lenovo Group (OTCMKTS:LNVGY), Coca-Cola Company (NYSE:KO), PepsiCo (NYSE:PEP)

US based Nike Inc (NYSE:NKE), which has sponsored the iconic team since 2002, walked away from the bargaining table after German rival Adidas reportedly agreed to more than double Nike’s current contract. Nike Inc (NYSE:NKE) stock performance was -1.25% in last session and finished the day at $77.67. Traded volume was 4.03million shares in the…

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Industrial Goods Stocks In News; Masco Corporation (NYSE:MAS), PulteGroup, Inc. (NYSE:PHM), Weyerhaeuser Company (NYSE:WY), Ballard Power Systems Inc. (USA) (NASDAQ:BLDP)

Zacks Investment Research downgraded Masco Corporation (NYSE:MAS) to a Zacks Rank #5 (Strong Sell) on May 21. Masco has been witnessing sharp downward estimate revisions ever since it reported weak first-quarter fiscal 2014 results on Apr 24, 2014. Also, the stock price has declined slightly more than 7% since then. Masco Corporation (NYSE:MAS) stock performance…

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