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Nike Inc.: The Beaverton, Ore., athletic shoe...

From Times Staff and Wire Reports

Nike Inc.: The Beaverton, Ore., athletic shoe manufacturer said net income for fiscal 1990 surged 45% to $242.96 million, while revenue climbed 31% to $2.24 billion. The firm said it became No. 1 in its field during the year, nosing out Adidas AG of West Germany.

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