New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.
Investors push the company stock up 7% after the executive switch. The post Nike Stock Surges Following Appointment of New CEO appeared first on Front Office Sports.
However, the analysts said: “Given our own forecast that CPI inflation will rise back to 2.9pc by January next year (perhaps ...
This post was written by Ivana Freitas. Stock futures (ES=F, NQ=F, YM=F) are flat after the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) rallied and closed at new record highs in Thursday's session.
This post was written by Ivana Freitas. Stock futures (ES=F, NQ=F, YM=F) are flat after the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) rallied and closed at new record highs in Thursday's session.
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...
Shares of Nike Inc. Cl B NKE rallied 6.84% to $86.52 Friday, on what proved to be an all-around mixed trading session for the ...
Nike spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the sneaker-maker, ...
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