UPDATE 2-Nike picks up pace, says UBS; stock hits life-high
Second-quarter trends at Nike Inc (NKE.N) are better than expected, and the No. 1 player in the athletic shoe and clothing market is seeing strong orders at key global markets, UBS said, upgrading the stock to “buy” from “neutral.” Shares of the Beaverton, Oregon-based company were up 3 percent at $90.35, their highest ever, on [...]

