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J.P. Morgan Raises Nike's Rating To Overweight

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    FBN's Diane Macedo breaks down late-morning market news.

  • Duration 0:53
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-- Fox Business -- drivers are feeling the pain at the pump as gas prices continue the upward trend.

According to Lundberg survey prices it increases each of the last seven weeks.

And the average price for a gallon of regular now three dollars and 59 cents.

Nike shares running hop pop higher.

After JPMorgan raises the athletic apparel -- rating to overweight JPMorgan fighting -- promising product pipeline.

And prospects in China as growth drivers.

And a breach of contract suit brought on by DISH Network against Walt Disney's ESP end.

This before jury today in Manhattan federal court gives alleges ESPN is offering its competitors that are licensing terms.

For sports programming violating -- so called the most favored nation -- an extradition agreement.

The -- -- points right now that the latest from the Fox Business Network giving you the how to prosper.