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

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

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

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 ...

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

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

On Thursday, Nike’s stock soared after the news that Hill would replace current CEO John Donahoe, who will step down next ...

The former leader returns to the athletic sportswear and apparel company, which has seen sluggish sales in the past year.

A record-setting week for Wall Street is closing on a quieter note Friday, and U.S. stocks are pulling back from their highs hit during a worldwide rally the day before.

Brian Nagel, Oppenheimer & Co. senior analyst, joins CNBC's 'Power Lunch' to discuss what Nike's leadership change could mean ...

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

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 ...