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The Latest Breaking News from Elliott Hill

Nike’s new CEO starts today: Here’s what experts say he should focus on

Barclays and Goldman Sachs have identified the key issues facing Nike’s new CEO, Elliott Hill.

Fortune

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

From analysis to the latest developments in health,
read the most diverse news in one place.

Stock Market Today: Stocks Waver on Resilient Employment Data

A private reading on payrolls had markets rethinking rate-cut bets just days ahead of the monthly jobs report.

Kiplinger

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

Is Nike Stock Still a Buy After Earnings? Here's What Wall Street Says

Nike stock is tumbling Wednesday after the retailer reported mixed earnings results and withdrew its full-year guidance.

Kiplinger

Nike Earnings Drop, Says Turnaround Will Take Time

Nike reported a drop in profits Tuesday on sagging revenues as the sports giant cautioned that a turnaround from a rocky period would take time under a new CEO. The athletics company's financials showed lower sales in every operating region, as its CFO pointed to lackluster store traffic in China…

International Business Times

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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

Is the Worst Over for These Beaten-Down Dividend Stocks in the Dow?

The article examines whether the recent recovery in two underperforming dividend stocks on the Dow signals a potential turnaround.

Barchart

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's new CEO climbed his way from intern to top boss in almost 30 years

See the resume of Nike’s new CEO, who started at the company as an intern

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

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 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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