U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...

U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...

In hiring Hill, Nike signaled its intent to bring the company back to its glory days—a feat Barron’s believes it can do. We ...

Phil Knight and other parts of the Nike universe lauded the hiring of Elliott Hill as the sneaker giant’s next chief ...

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

A record-setting week for Wall Street closed on a quieter note. U.S. stocks mostly pulled back from their highs hit during a ...

A record-setting week for Wall Street is closing on a quieter note Friday, and U.S. stocks are pulling back from their highs hit during a worldwide rally the day before.

FedEx dragged on the market with a drop of 13.5% after its profit and revenue for the latest quarter fell short of analysts’ ...

Nike ysed to rule the sportswear business. Its recent earnings have been weak. It has too much good competition.

New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.

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 ...

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.