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 on higher shipping rates and volumes, but its profit ticked down.

Cerebras Revenue Soars in First Quarter, Forecasts Full-Year Negative Margins