Nike ysed to rule the sportswear business. Its recent earnings have been weak. It has too much good competition.
After several quarters of underwhelming results, Nike is replacing its CEO. Longtime company executive Elliott Hill will become the next CEO. Investors cheered the news, sending the stock 7.6% higher ...
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A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs they hit during a worldwide rally the day before. The S&P 500 slipped 0.2% ...
Also, Nike closed up more than +6% after ... scope dependent on fresh economic data and analysis." Swaps are discounting the chances of a -25 bp rate cut by the ECB at 24% for the October 17 meeting.
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...
Nike spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the sneaker-maker, ...
Elliott Hill, who in 2020 retired as the company's president of consumer and marketplace, will succeed Donahoe as president and CEO starting Oct. 14, Nike said Thursday. Donahoe will also step down ...
Shares of Nike Inc. were rallying Friday, with the sneaker and sportswear giant climbing more than 6% in afternoon trading. That made Nike the top-performing stock in the Dow Jones Industrial Average ...
Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued ...
Shares of NIKE (NKE) hit resistance at a price level that had been support. Support can convert into resistance because of ...