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NKE manufactures both standard and special bearings for all industrial applications.
NKE bearings are distributed through 15 international representative offices and more than 240 distribution outlets in over 60 countries.
NKE Austria GmbH is a bearing manufacturer with headquarters in Steyr, Austria.
The NKE Bearing College is an intensive technical training programme for all its business partners.
NKE will continue its cooperation with INT in addition to paying restitution in the amount of 400,000.
The debarment of NKE qualifies for cross-debarment by other MDBs under the Agreement of Mutual Recognition of Debarments that was signed on April 9, 2010.
From our contrarian perspective, signs of lingering optimism would be more interesting, perhaps making a strong case for price drops if the optimists change their minds, so I see NKE trending sideways rather than falling.
5 out of a possible 10 for NKE confirms my opinion that this stock is range bound.
Earlier today, NKE reported first-quarter earnings of $432.
Technically speaking, NKE shares recently pulled back to support at the 77 level.
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