The Latest Breaking News from Elliott Hill

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

The Dow Jones Industrial Average has gained ground in 2024, despite the steep losses racked up by laggards like Intel, Nike, and Boeing.

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.

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

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…

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

'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.

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.

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