Reuters - German sporting goods firm Adidas reported on Wednesday a forecast-beating 24 percent rise in its second-quarter net profit on the back of a surge in sales around the World Cup soccer tournament.

The U.S. Consumer Product Safety Commission and Bear Archery, of Gainesville, Florida, are issuing a voluntary recall of about 2,000 Compound Crossbows due to faulty trigger mechanisms. The crossbows were sold at: Hunting and sporting goods stores nationwide and by Web retailers and in catalogs...

Reuters - German sporting goods firm Adidas on Tuesday raised its expected cost synergies from its takeover of U.S. rival Reebok to 175 million euros ($212 million) annually from 125 million euros from 2009.

Reuters - Adidas expects to post first-quarter results that show the sporting goods maker will surpass all its sales targets for the 2006 FIFA World Cup to be held later this year in Germany, daily newspaper Tagesspiegel reported.

Reuters - German sporting goods firm Adidas posted a net loss of 4 million euros ($4.78 million) in the fourth quarter, missing analysts' expectations, mainly due to the costs of its takeover of U.S. rival Reebok.