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 ...

Shares of Nike Inc. were rallying Friday, with the sneaker and sportswear giant climbing more than 6% in afternoon trading. That made Nike the top-performing stock in the Dow Jones Industrial Average ...

Nike announced the sudden retirement of CEO John Donahoe, while 32-year Nike vet Elliott Hill will return from retirement to ...

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

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

Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...

Jim Duffy, Sitfel, joins 'Squawk on the Street' to discuss why Nike hasn't seen analyst rerating after the chief executive ...

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

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