The Latest Breaking News from Elliott Hill

Nike reported lower profits on another drop in revenue Thursday, with new CEO Elliott Hill vowing to get the slumping sports giant back on track.

Donald Trump, who proclaimed himself as the "tariff man" in his first tenure, is set to return to the White House. His tariffs could be a serious headwind for companies like Nike that rely on China for the bulk of their supplies.

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.

Nike faces multiple headwinds, says Morningstar analyst.

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

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…

'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.