Nike Names Pfizer's Denton as Next CFO
David Denton's appointment, effective Aug. 17, comes as the company struggles to execute a turnaround, with sales dropping in the company's key China market and weakness in the Europe, Middle East, and Africa region.
FedEx Revenue Rises on Growth in Package Yields, Volume
FedEx logged higher revenue in its latest quarter, but its profit ticked down, hurt by costs related to the company's freight spinoff, business optimization and shift to reporting on a calendar-year basis.
Cerebras Revenue Soars in First Quarter, Forecasts Full-Year Negative Margins
