Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a ...

Dick's Sporting Goods is buying ailing shoe company Foot Locker for $2.4 billion, the second deal for a large U.S. footwear ...

Wall Street is veering lower while oil prices are down more than $2 a barrel as traders bet on a possible U.S.-Iran nuclear ...

The S&P 500 was 0.4 percent higher in afternoon trading after erasing a modest, earlier loss that had it on track for its ...

Dick's Sporting Goods is buying the struggling Foot Locker retail chain for about $2.4 billion. The two chains operate a a ...

The merger comes less than two months after the footwear company secured space to move its headquarters to St. Petersburg.

News of the $2.4 billion deal comes days after Skechers was bought by investment firm 3G Capital for $9.4 billion.