Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
The Dow Jones Industrial Average is climbing Friday afternoon with shares of Nike and IBM leading the way for the blue-chip average.
Shares of Nike Inc. were rallying Friday, with the sneaker and sportswear giant climbing more than 6% in afternoon trading. That made Nike the top-performing stock in the Dow Jones Industrial Average ...