FedEx also cut its forecast for revenue growth for its fiscal year. Helping to limit the market's losses was Nike, which ran 6.5% higher after it named Elliott Hill as its chief executive. Hill, 60, ...

Nike (NKE) climbed more than +6% in pre-market trading after the company announced that Elliott Hill would return as President and Chief Executive Officer, effective October 14th. Lennar (LEN) fell ...

Nike President & CEO John Donahoe will retire from his exec roles next month and be replaced by Elliott Hill, the former longtime Nike exec who departed the company in 2020.

Nike CEO John Donahoe is out, the latest in a series of high profile retail executives exits as consumers become more ...

Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...

The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to ...

Elliott Hill, a 35-year Nike veteran, will assume the role of CEO next month as the sportswear giant faces declining sales ...

Nike (NKE) stock is on the rise after news that CEO John Donahue is stepping down, to be replaced by Elliott Hill ...

In a big shakeup, Nike is set to change its CEO, a move that has sparked both optimism and skepticism from Wall Street.

Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.

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

More than $3 billion will go to 25 projects across 14 states to increase domestic production of advanced batteries, the U.S.