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September 27, 2013  Fri 7:26 AM CT

NKE: SEE CHART GET CHAIN FIND STRATEGIES

Lower Costs Boost Margins

Nike earned $0.86 a share in its first quarter, beating the $0.78 average analyst estimate. Revenue of $6.97 billion also exceeded the $6.96 billion consensus number. Management said lower input costs and reduced discounting boosted margins. Orders remain strong as well. NKE rallies 6 percent before the opening bell on my tradeMONSTER platform.

Finish Line Earnings, Sales Beat Consensus

Finish Line reported second-quarter net income of $0.54 on sales of $436 million. Analysts had only expected $0.45 and $426.4 million, respectively. Management also raised its full-year guidance for comparable sales. FINL climbs 9 percent in the premarket.

Nektar Tanks on Drug Trial Disappointment

Nektar Therapeutics announced that its NKTR-181 painkiller failed to meet its primary endpoint in a Phase 2 study. NKTR sinks 22 percent in early trading.

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Education & Strategy

Gamma

As we continue to discuss the Greeks, we come to the first of the strike based Greeks called Gamma. Gamma is known as the second derivative, while delta is the first.

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