The sporting-goods company surpassed its own profit expectations amid fierce competition in the sector and as its biggest rival, Nike, continues to pursue a brand revamp strategy.

Santee Cooper is working with bankers to solicit interest in V.C. Summer.

The reinsurer said it can’t yet put a figure on the burden it faces from the California wildfires, though it has warned of a major loss.

The airline’s stock was down after it flagged weakening revenue trends in its fiscal second quarter, despite an improved first-quarter performance.

The government appointed Douglas Gurr as interim chairman of the Competition and Markets Authority after pressuring the regulator to do more to spur investment and economic growth.

The chocolate company’s shares fell after it missed sales volume expectations and cut its guidance for fiscal 2025 as soaring cocoa bean prices drag demand.