FMP
Sep 20, 2024 9:34 AM - Davit Kirakosyan
Image credit: FMP
Nike (NYSE:NKE) announced that Elliott Hill will assume the role of President and Chief Executive Officer on October 14, following the retirement of current CEO John Donahoe. After the announcement, Nike’s shares surged more than 6% in pre-market today.
John Donahoe will step down from his position and the Board of Directors on October 13 but will continue to advise the company until January 31, 2025, to ensure a seamless leadership transition.
Mark Parker, Executive Chairman of Nike, praised Hill’s global expertise and deep understanding of the industry, expressing confidence in his ability to lead Nike moving forward. Parker also acknowledged Donahoe’s impactful leadership, particularly during the challenges of the COVID-19 pandemic and his role in advancing the company's community-focused initiatives.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...
May 27, 2024 3:30 PM - Rajnish Katharotiya
In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...