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 ...

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 Friday, as U.S. stocks drifted around the highs they hit during a worldwide rally the day before.

Elliott Hill, the newly named chief executive officer of Nike, acknowledged that things have been rough for the world's ...

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 ...

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

Some boards see reinstating a previous executive as a temporary solution — a familiar face can foster stability in a ...

PepsiCo (PEP) is down more than -1% after Morgan Stanley downgraded the stock to equal weight from overweight. Nike (NKE) is up more than +7% to lead gainers in the Dow Jones Industrials after ...

Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the ...

NEW YORK >> U.S. stocks closed nearly unchanged today, as investors paused buying after a strong rally in the prior session that was fueled by an upsized interest-rate cut by the Federal Reserve, ...

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Wall Street closed its record-setting week mixed as FedEx slumped and Nike jumped. (Peter Morgan/AP) The post appeared first ...