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| Apr. 24 | Stifel Upgrades adidas to Buy from Hold, Boosts PT | MT |
| Apr. 24 | ADIDAS : Stifel raises its recommendation | CF |
MUNICH (Reuters) - Adidas said on Wednesday it was disappointed with a European Union court ruling declaring its three-stripe trademark invalid but the German sporting goods firm said the decision would only affect a particular use of the famous symbol.
The European Union's second highest court ruled on Wednesday that Adidas' three-stripe branding was invalid as a trademark as it lacked a distinctive character.
"This ruling is limited to this particular execution of the 3-stripe mark and does not impact on the broad scope of protection that Adidas has on its well-known 3-stripe mark in various forms in Europe," Adidas said in a statement.
(Reporting by Alexander Huebner; Writing by Michelle Martin, editing by Emma Thomasson)
| 1st Jan change | Capi. | |
|---|---|---|
| +22.94% | 43.3B | |
| -13.48% | 142B | |
| +18.43% | 10.18B | |
| +51.86% | 7.67B | |
| -9.71% | 4.79B | |
| -1.70% | 3.23B | |
| +14.29% | 1.57B | |
| +35.73% | 1.23B | |
| -20.06% | 854M | |
| -10.49% | 698M |
ADIDAS AG 
