Nikes shares increase.
http://www.bbc.com/news/business-34882313  

Shares in Nike have jumped more than 5% after the US sportswear giant announced a dividend rise.
The $12bn (£7.9bn) buy-back, 14% dividend increase and sent Nike shares up almost 7 cents to $132.65.
"Built for growth while staying committed to creating shareholder value. We've proved it time and again, having returned over $23bn to shareholders over the last 14 years through repurchases and dividends." Nike stated to reports.
Nike is the biggest sportswear maker in the world, and recently announced a sharp rise in profits thanks largely to rising sales in China.
Profits for the three months to the end of August were $1.18bn, up nearly a quarter from a year earlier.

With Nike being in the press lately and making advertising press release, its not surprising that more customers we pulled in by compelling arguments. However it was Nikes presents in the news stating their current development plans are going really well and they are meeting the needs of their intended audience, share holds decided to invest. Making their changes and future plans public was good for Nike because then it let potential share holders know what the business is going to do next and whether it would be a good time for them to invest.

 

Lufthansa strikes!

113,000passngers have not been able to get to destinations due to strikes. The strikes have resulted in 929 flights that were due to leave Frankfurt and other national airports around Germany, got cancelled.

There are more strikes to come according to the members of an online club. The strikes are because of the retirement benefits not being high enough.

Monday's strike will run from 03:30 GMT until 22:00 GMT in Frankfurt and Duesseldorf and 23:00 GMT at Munich.
It will affect more than three times as many flights as a nine-hour walkout last Friday, and almost double the 520 cancelled on Saturday.

UFO, which is looking to keep early retirement benefits and pensions for its members, said it is seeking a "clear sign" of a sustainable agreement.

Lufthansa's reluctance to meet its demands is "not comprehensible" given the company just raised its full year profit forecast to €1.95bn, the union said.

Even with Lufthansa making an increasing profit and are still refusing to pay, keeping in mind that they still have to cover their fixed and variable costs.  

However with customers/passengers not getting to their destinations, and refunds being required, their increase in profit might hit a rough patch and in their breakeven analysis, might indicate changes will need to be made in order to keep making profits and not losses.


 http://www.bbc.com/news/business-34761421