The Latest Breaking News from Foot Locker

With Foot Locker struggling, JD Sports sees a chance to grab market share.

Among the unusually active put options on Thursday were four overvalued stocks, including Costco, a favourite among buy-and-hold investors. Given that markets are generally considered pricey, selling these puts lets you own popular stocks without overpaying. Here’s how.

In a landmark $2.4 billion deal, Dick’s Sporting Goods Inc (NYSE:DKS) has officially acquired Foot Locker Inc (NYSE:FL), creating a retail powerhouse with over 3,200 stores across 20 countries. The merger positions the combined entity as a formidable force in the athletic retail industry. It also has some significant implications…

Dick’s Sporting Goods Inc. (NYSE:DKS) shares are trading lower on Thursday after the company reported second-quarter adjusted earnings per share of $4.38, beating the analyst consensus estimate of $4.31.

For the second time in seven years, Claire’s filed for Chapter 11 bankruptcy protection in federal court on Wednesday

Liberal MP Moira Deeming and Melbourne Storm forward Nelson Asofa-Solomona reportedly join a concussion expert in expressing concern

Foot Locker had only one unusually active call option on Wednesday, among the 645 that generated above-average volume. However, with the company in the middle of trying to close its sale to Dick’s Sporting Goods, it merits a closer look.

Dick's Sporting Goods is the leader in sporting goods, and it means something: this blue-chip stock is driving cash flow and capital returns to investors.

This acquisition provides Dick's with access to Foot Locker's extensive international footprint, which includes approximately 2,400 stores in 20 countries.