After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.
Shares of Nike Inc. climbed 6% Friday after the sneaker maker and sportswear giant announced a CEO switch. But analysts say that incoming chief executive and company veteran Elliott Hill has his work ...
Embattled investment bank B. Riley Financial is in talks to sell its wealth management business to Stifel Financial for more than $100 million, a source familiar with the matter said on Friday. The ...