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 ...
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, ...
The Dow Jones Industrial Average stretched its record closing run Friday while the S&P 500 retreated from Thursday's all-time high as markets evaluated remarks by two Federal Reserve governors. The ...
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 ...
Elliott Hill, the newly named chief executive officer of Nike, acknowledged that things have been rough for the world's ...
The world's biggest sportswear group said John Donahoe will stand down as president and chief executive next month.
Shares of Nike Inc. Cl B NKE rallied 6.84% to $86.52 Friday, on what proved to be an all-around mixed trading session for the ...
Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and ...
Friday closed down by -0.19%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up by +0.09%, and the Nasdaq 100 Index ...