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

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

Brian Vendig, president of MJP Wealth Advisors, joins CNBC's 'Power Lunch' to discuss three stocks: Nike, Fedex, and Lennar.

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 ...

Outgoing Nike CEO John Donahue made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year ...

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 ...

Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued ...

Wall Street cheered Nike’s move to oust CEO John Donahoe this week as the sneaker giant’s stock, which had been lagging over ...

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

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

US stocks closed mixed on Friday as rate-cut euphoria faded, but the Dow Jones Industrial Average managed to stay above the ...