adidas focuses on Reebok restructure
In an interview with German newspaper Welt am Sonntag, adidas CEO Herbert Hainer said it is making progress in restructuring Reebok.
"We are making significant progress with Reebok," he was quoted as saying when asked whether adidas was considering selling Reebok, though he added that the restructuring was not proceeding "fast enough."
Sport Chalet tops list of gainers
On June 12, Sport Chalet (Nasdaq: SPCHB) topped the list of "biggest percentage price gainers" among common stocks on the Nasdaq Stock Market. It rose as high as $4.52, up $1.88 from the day before, on a volume of 24,100. It closed the day at $2.80.
--Compiled by Wendy Geister
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