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Phil Knight Wants to Solve Poverty

2016-02-24 19:22:13| Footwear - Topix.net

Philip H. Knight, the co-founder and chairman of Nike Inc., said on Monday that he had pledged to give Stanford University $400 million to recruit graduate students around the globe to address society's most intractable problems, including poverty and climate change. The gift to the new Knight-Hennessy Scholars Program, which is modeled on the Rhodes scholarships, matches one of the largest individual donations ever to a university, the $400 million that John A. Paulson, the hedge fund tycoon, gave to Harvard last year to improve its engineering school.

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Hard Luck: 5 Companies Looking for a Powerball White Knight

2016-01-11 05:02:18| Auto Parts - Topix.net

Saturday night's $900 million Powerball drawing did not produce a new millionaire. As the lottery pool grows in advance of Wednesday's drawing, the new lottery winner will be a billionaire -- at least until Uncle Sam pays a visit.

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Nike co-founder Phil Knight lists La Quinta land parcel for $2.5 million

2015-12-29 20:59:21| Footwear - Topix.net

Nike co-founder Phil Knight has put a one-acre parcel in La Quinta's Madison Club on the market for $2.5 million. Nike co-founder Phil Knight has put a one-acre parcel in La Quinta's Madison Club on the market for $2.5 million.

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Truckers tumble after Knight cuts guidance, suffers downgrade

2015-12-19 02:28:53| Trucking - Topix.net

Trucking stocks tumbled today after Knight Transportation cut its Q4 earnings guidance , citing excess capacity, a reduction in non-contract opportunities and an increase in driver pay - problems evident throughout the industry. Citi downgraded KNX to Neutral from Buy with a $25 price target today, and sees the risk of additional freight slowing as a possibility; although KNX's Q4 freight activity is similar to 2014 levels, slack capacity and less urgency from shippers is pulling volume out of lucrative seasonal trades, Citi says.

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Knight Cuts Fourth-Quarter Earnings Forecast

2015-12-19 01:29:00| Trucking - Topix.net

Knight Transportation Inc. lowered its fourth-quarter earnings estimate by about 15%, citing more moderate rate increases, fewer spot market opportunities, additional driver pay increases and reduced gains on used equipment sales. Knight , based in Phoenix, now expects earnings of 31 cents to 33 cents per share, compared with its earlier estimate of 36 cents to 38 cents per share.

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