The maker of wholesale clothing plans to sell certain assets related to its Salt Life branded products for about $28 million to FCM Saltwater Holdings.
Shares of Chewy climbed after the influential retail trader known by his online moniker “Roaring Kitty” disclosed a 6.6% stake in the online pet-products retailer.
Anglo American suffered a potential setback to its plan to sell steelmaking-coal assets after suspending production at the Grosvenor mine in Queensland, Australia, following a fire.
