Sleep Number’s shares rose sharply after Stadium Capital said it wants a reconstituted board of directors to conduct the search for Shelly Ibach’s successor.
Shareholders OK’d Vista Outdoor’s plan to sell its ammunition brands to Czechoslovak Group for $2.15 billion, and its outdoors brands to a private equity group.
Companies are weighing the pros and cons of increasing inventory from overseas sources as President-elect Trump pledges more tariffs, second U.S. port strike looms.