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Nike, Elliott Hill
Nike stock surges 8% as new CEO Elliott Hill tries to rally the troops
Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping down as CEO.
Nike Gets a New CEO. The Stock Surges.
Nike stock surged Thursday after the company announced CEO John Donahoe was retiring, to be replaced by former Nike executive Elliott Hill. Donahoe will be stepping down Oct. 13, and will remain an advisor to the company through Jan.
Nike names new CEO amid flagging sales and stock slump
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
Stock Market, Dow and Fed
Stock Market Today: Stocks Close Out Fed Week on a Quiet Note
Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued to swirl around the Federal Reserve's jumbo-sized rate cut from earlier this week, today's headlines centered mostly on single-stock news, including Nike's ( NKE) big C-suite shake-up.
Stock Market Today: Dow notches fresh record peak, books weekly gain after Fed rate cut
The Dow Jones Industrial Average turned higher Friday afternoon, with the blue-chip stock index rising slightly. The Dow was up 0.1% in early afternoon trading, while the S&P 500 was down 0.2% and the Nasdaq slipped 0.
Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut
Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.
24/7 Wall St. on MSN
32m
New Management Won’t Fix Nike
It used to be that Nike (NYSE: NKE) dominated the athletic wear business on its own, sometimes competing with Adidas. It has ...
Observer
16h
Amid CEO Shakeup and Stock Slump, Wall Street Is Still Bullish on Nike
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...
22h
Why Nike Stock Is Running Higher Friday
But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...
1d
on MSN
What's Going On With Nike Stock?
Nike shares are trading higher by 2.2% Thursday morning. The Federal Reserve on Wednesday cut interest rates by 50 basis ...
20h
Why Nike (NKE) Stock Is Up Today
Charting, Price Performance, News & Related Contracts.
1d
on MSN
These Stocks Are Moving the Most Today: FedEx, Nike, Trump Media, Lennar, and More
FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, while Nike stock rallies ...
1d
Nike: College Sports Driving The Turnaround
College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...
capitalbrief
1d
Nike's shoe drops
There are lessons for all innovation-minded business operators in Nike's failed experiment with an 'uncool' CEO.
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