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Adidas AG (ADDYY)

Stock (Consumer Products Industry, Fashion Industry, Retail Industry, Apparel - Footwear & Accessories Industry)

adidas' Reebok to Pay Record Penalty After Recall Reebok International Ltd. agreed to pay a record $1 million fine after having to recall 300,000 charm bracelets that contained toxic amounts of lead. The bracelets were free gifts that were included with the purchase of children's shoes. A 4 year old boy from Minneapolis died in March 2006 after swallowing one of the bracelet's charms. adidas Rises on Possible Nike Bid adidas shares rose as rumors that Nike would bid for the company circulated.

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