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The Latest Breaking News from John Donahoe

Nike's 'refounder': Can Elliott Hill turn the sneaker-maker's luck around?

After one of its toughest years ever, Nike brought back Hill, a beloved company lifer, to right the ship.

Fortune

These Fortune 500 CEOs climbed from entry-level to corner office at their companies

Meet 11 Fortune 500 CEOs who spent their entire careers at the companies they now lead.

Fortune

Nike Stock, After A 16% Rally, Upgraded On Turnaround Optimism

Nike stock received an upgrade. Analysts feels more positive about the retailer's recovery process. Shares led the Dow premarket.

Investors Business Daily

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read the most diverse news in one place.

3 Unusually Active Options to Play America’s Most Undervalued Stocks

Morningstar recently ranked the 10 most undervalued stocks to buy in October. I found three unusually active options that stood out as attractive bets on these struggling stocks.

Barchart

Nike’s new CEO is good news—but the CFO will need to help steer a turnaround

Nike faces multiple headwinds, says Morningstar analyst.

Fortune

Nike stock falls amid CEO transition at shoe giant

Analysts appear largely confident in Elliott Hill’s ability to spark a revival at Nike, but many also see a stock in limbo short-term.

Fortune

Nike postpones investor meeting after hiring new boss amid falling sales

Sportswear giant pulls financial guidance for the year to provide incoming CEO Elliott Hill ‘flexibility’

The Guardian - US

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Nike Withdraws Guidance, Earnings Top Views But Sales Still Slump

Nike earnings manage to beat analyst estimates. Revenue missed views as softness in North America and China continues. Nike stock dips.

Investors Business Daily

Nike’s new CEO signals a return to its old values

'Our time is short, shorter than we ever know, short as a morning run, and I wanted mine to be meaningful,' Nike founder Phil Knight wrote in his memoir.

Fortune

Warren Buffett Avoids Nike Stock Despite Billionaire Investors Buying Heavily as CEO Change Boosts Rebound Prospects

Warren Buffett struggles to get around the complexities at Nike, its lagging segments like golf equipment and helmets, and lack of clear competitive advantages despite top fund managers buying the stock as new CEO Elliott Hill plans to steer the company back to its roots.

International Business Times UK

Former Nike CEO John Donahoe's downfall is a brutal lesson in corporate leadership

Turns out that knowing about sneakers is an important skill for the CEO of a sneaker maker.

Fortune

Nike stock jumps as company vet Elliott Hill hired as CEO

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

Fortune

Analysts revisit Nike stock price targets after major CEO shakeup

Activist pressure may have played a key role in Nike's leadership change.

The Street

Nike Veteran Executive Elliott Hill To Replace John Donahoe As CEO

Hill will assume his new role on Oct. 14 and will also join the Board of Directors and the Executive Committee.

International Business Times

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Top News

Nike Names Elliott Hill As President And CEO

Nike appoints Elliott Hill as new president and CEO amidst challenges. Strategic moves and investor confidence signal a positive outlook for the company.

The Street

Nike shares swoosh higher after new CEO is named

The Dow component has been a weak performer in 2024.

The Independent UK

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

Fortune

Nike benches CEO, stock skyrockets on leadership change

Veteran executive Elliott Hill retired from the retailer in 2020—and he’s back.

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news in one place.

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Investors Business Daily

Nike Stock Jumps As Dow Giant Names Company Veteran Elliott Hill As CEO

Nike stock jumped overnight as the Dow giant said CEO John Donahue was stepping down, with longtime company veteran Elliott Hill taking over.

Barchart

3 Ways to Play Nike’s Unusual Options Activity

On a day in which the Nasdaq 100 lost 3.65% and the Mag 7 shed 4.6%, Nike lost 3%, bringing its losses over the past month to 25%. Trading ominously close to its 5-year low, Nike followers had five unusually active options to choose from yesterday. Here are three ways…

Barchart

Time to Kill? Buy These 3 Unusually Active Call Options

Thursday options trading had nine unusually active call options with more than 365 days to expiration. While they all look intriguing, here are the three to focus on if you’ve got some time to kill.

The Street

Nike quietly kills one-of-a-kind sneaker line

Customers are upset that the product is being pulled.

The Street

Nike reveals major product changes to repair its declining sales

The sportswear brand is having an off season, and its laying out a new game plan to win back its customers.

Fortune

Nike’s CEO is under pressure to innovate as market cap falls by $24 billion

Brands like Hoka, New Balance, and On are eating away at its market share.

International Business Times UK

This Nike Alternative Growth Stock Jumped 582% Over the Past Decade on Strong Fundamentals

Lululemon Athletica's strong momentum, cash flow, and earnings growth despite sticky inflation make it well-positioned for global expansion and product innovation.

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