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Stock Market, Wall Street and FedEx
Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
Amid CEO Shakeup and Stock Slump, Wall Street Is Still Bullish on Nike
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three million shares, or 0.2 percent, of Nike this spring. His stake is currently worth about $250 million.
Stock Market Today: Stocks Close Out Fed Week on a Quiet Note
Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued to swirl around the Federal Reserve's jumbo-sized rate cut from earlier this week, today's headlines centered mostly on single-stock news, including Nike's ( NKE) big C-suite shake-up.
Nike CEO John Donahoe to step down
Nike stock jumps after hours on news that CEO John Donahoe is being replaced by company veteran Elliott Hill
Nike Inc stock price jumped in after-hours trading Thursday on news that CEO John Donahoe is retiring and will be replaced by Elliott Hill.
Nike Investors Glad Donahoe Is Out, but Hill Has Long Road Ahead
After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.
Nike Names Elliott Hill as CEO, Replacing John Donahoe
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month
11h
Why Nike Stock Is Running Higher Friday
But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...
14h
on MSN
Watch These Nike Price Levels as Stock Jumps After Company Appoints New CEO
Nike shares traded sharply higher in pre-market trading Friday after the world’s largest athletic apparel and equipment ...
14h
on MSN
Analysts revisit Nike stock price targets after major CEO shakeup
Nike shares powered firmly higher in early Friday trading as analysts and investors reacted to the sportswear giant's move to ...
18h
Stock Market News: Dow Turns Higher After Dovish Comments From Fed's Waller
Stocks looked set to tick lower on Friday, with S&P 500 and Dow futures pointing to both gauges edging away from the record levels they'd set in the previous trading session.
10h
Stock Of The Day: Here's Why The Nike Rally Stalled Out
Shares of NIKE (NKE) hit resistance at a price level that had been support. Support can convert into resistance because of ...
11h
Nike Stock Rallies on CEO Switch: What to Know
Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.
9h
on MSN
Nike's new CEO may look to mend retailer ties in sales revival push
Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...
1d
Nike is getting a new CEO as struggles mount
The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a ...
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Elliott Hill
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