nike inc

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• J.
  
  C. Penney Company, Inc. (NYSE: JCP) high of $42.29. J. C. Penney has been carrying momentum since last week, which CEO Ron Johnson announced a new format for stores as well as seeing fiscal 2012 earnings at or above those achieved in 2010.

Motricity (NYSE: MOTR) 12% HIGHER; to explore strategic alternatives, receives $20 million in financing. Cavium (Nasdaq: CAVM) 11% LOWER; now sees Q3 sales down 4-6 percent from Q2.

Nike Inc. (NYSE: NKE) 5% HIGHER; reported Q1 EPS of $1.36, $0.15 better than the analyst estimate of $1.21.

Revenue for the quarter came in at $6.1 billion versus the consensus estimate of $5.75 billion. Nike XFX brand future orders up 13%.

THE RESULTS: Nike Inc. reported that its third-quarter net income rose 5 percent as its sales rose in almost all divisions.

That amounted to $1.08 per share on revenue of $5.08 billion.

Jan. 6 -- Stefan Olander, vice president of digital sport at Nike Inc., talks about the company's new watch equipped with a global positioning system.

March 18 -- Thomas Shaw, an analyst at Stifel Nicolaus & Co. in Baltimore, talks with Bloomberg's Susan Li about Nike Inc.'s financial results and outlook.

Shoe and apparel company Nike Inc. said Monday that Jim Allaker will take over as the new CEO and president of Umbro.

Nike Inc. said Monday its board of directors declared a regular quarterly dividend of 25 cents.

Athletic footwear and apparel company Nike Inc. reported Wednesday that its profit dropped in its fiscal fourth quarter on costs to cut jobs, but adjusted results beat Wall Street expectations.

Athletic footwear and apparel company Nike Inc. reported Wednesday that its profit dropped in its fiscal fourth quarter on costs to cut jobs, but adjusted results beat Wall Street expectations.

Shoe and apparel company Nike Inc. said Thursday that it will cut about 1,750 jobs worldwide, or 5 percent of its global work force.