Nike falls, BlackBerry raises outlook, massive beer merger passes hurdle

Here are some of the stocks the Yahoo Finance team will be tracking for you today:

Nike (NKE) shares fell in early trading as a metric that gauges future orders was weaker than expected and that’s fueling concerns about the company’s growth prospects going forward. The sneaker giant delivered a beat on both its top and bottom lines as revenue jumped nearly 8% from a year ago.

BlackBerry (BBRY) shares were sharply higher this morning after the Canadian smartphone maker raised its outlook for the year after reporting that earnings broke even in the second quarter. However, revenue missed estimates as sales plunged 28% from a year ago. BlackBerry also announced it is getting out of the hardware business and will outsource the production of its handsets as it shifts its attention to software.

AB InBev (BUD) has something to celebrate. The brewer’s $100 billion plus takeover of rival SABMiller has been approved by shareholders of both companies. The deal is expected to be completed by October 10^th.

Tempur Sealy (TPX) shares sank in early trading late yesterday the mattress firm cut its revenue and profit outlook for the year as it sees weak sales in the current quarter.

Royal Bank of Scotland’s (RBS) agreed to pay $1.1 billion to a US regulator to settle claims that it sold toxic mortgage-backed securities to credit unions in the run-up to the financial crisis.

Wells Fargo (WFC) will claw back $41 million in unvested equity awards from CEO John Stumpf in the wake of the phony account scandal rocking the bank. And Stumpf won’t get a bonus this year. Carrie Tolstedt—the executive in charge of the unit where the allegedly illegal sales practices took place—will forfeit unvested stock awards worth about $19 million. And Wells said Tolstedt has left the bank—earlier than her planned retirement in December.