Bloomberg Foot Locker Inc soared after the athletic-apparel retailer said it expects to report a profit and rising revenue for the second quarter, defying Wall Street’s expectations amid a tumultuous time for the clothing industry. Same-store sales increased about 18% for the three months ended on August 1, the New York-based company said in a statement discussing preliminary results for …

Bloomberg Sur La Table Inc, the bankrupt upscale cookware chain, sold for almost $90 million and a promise to keep at least 50 stores open, according to court papers. A joint venture between e-commerce investment firm CSC Generation and Marquee Brands topped an opening bid from affiliates of Fortress Investment Group at auction last week, according to court papers and …

Bloomberg Equities rise globally alongside US index futures after President Donald Trump said he’s considering a tax cut on capital gains. Gold slipped for a third day. From carmakers to energy stocks, a broad rally swept the Stoxx Europe 600 Index higher. Momentum carried forward from Asia, where a benchmark gained the most in a week, and from the US, …