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

Technology Stocks News 4

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 last session and the average volume of the stock remained 3.39million shares. The beta of the stock remained 0.88. Nike Inc (NYSE:NKE) insider ownership is 0.10%.

Renren Inc (NYSE:RENN) today announced it has secured a fresh $10 million in funding led by DCM and joined by Azure Capital Partners. Renren Inc (NYSE:RENN) dropped -3.03 percent to $3.20 Tuesday on volume of 1.14million shares. The intra-day range of the stock was $3.10 to $3.30. Renren Inc (NYSE:RENN) has a market capitalization of $1.17billion.

Chinese regulators have approved Lenovo Group Limited (ADR) (OTCMKTS:LNVGY)’s $2.3 billion buyout of IBM’s x86 server business, the next-to-last hurdle for the deal’s final approval with only the nod from U.S. officials remaining. Lenovo Group Limited (ADR) (OTCMKTS:LNVGY)’s stock on July 08, 2014 reported a increase of 2.54% to the closing price of $27.68. Its fifty two weeks range is $17.65 -$27.99. The total market capitalization recorded $14.39billion. The overall volume in the last trading session was 143,514.00million shares.

The Coca-Cola Company (NYSE:KO) HELLENIC BOTTLING CO American Depositary Shares (each representing one Ordinary Share) (NYSE:CCH) declared a special dividend on Thursday, May 29th, Analyst Ratings Network.com reports. Stockholders of record on Friday, July 11th will be given a dividend of 0.4813 per share on Tuesday, August 5th. This represents a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, July 9th. On Tuesday, shares of The Coca-Cola Company (NYSE:KO) dropped -0.47% to close the day at $41.94. Company return on investment (ROI) is 11.00% and its monthly performance is recorded as 3.10%. The Coca-Cola Company (NYSE:KO) quarterly revenue growth is 9.42%.

PepsiCo Inc. (NYSE:PEP)‘s India-born chief operating officer (CEO) Indra Nooyi, counted among the world’s most powerful women, acknowledged that it is difficult to maintain a work-life balance and women cannot “have it all”, saying she doubts if her daughters think she was a good mother. PepsiCo, Inc. (NYSE:PEP) stock performance was -0.14% in last session and finished the day at $89.73. Traded volume was 3.13million shares in the last session and the average volume of the stock remained 4.19million shares. The beta of the stock remained 0.38. PepsiCo, Inc. (NYSE:PEP) insider ownership is 0.20%.

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