Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

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

Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president ...

FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, while Nike stock rallies ...

One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.

Shares of Nike (NKE) are rallying after the company announced that CEO John Donahoe will be stepping down next month after a ...

Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...

FedEx dragged on the market with a drop of 14% after its profit and revenue for the latest quarter fell short of analysts’ ...

The S&P 500 ( ^GSPC) fell roughly 0.3%, after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ...

Wall Street pointed lower Friday as a rally driven by the Federal Reserve’s big cut to interest rates faded and markets' ...

The TSX Composite Index faltered 118.43 points, to open the week’s final session at 23,747.84. The Canadian dollar dipped 0.09 to 73.64 cents U.S. In corporate news, Orex Minerals announced the ...

Wall Street's main indexes dipped on Friday following a rally driven by a significant interest rate cut from the Federal ...