08:48 AM EDT, 09/09/2024 (MT Newswires) -- Consumer stocks were advancing pre-bell Monday as the Consumer Staples Select Sector SPDR Fund (XLP) was 0.3% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) was recently up 0.9%. Big Lots ( BIG ) shares plunged by over 40% after the company said it has filed for Chapter 11 bankruptcy proceedings...

08:49 AM EDT, 09/09/2024 (MT Newswires) -- Kinaxis ( KXSCF ) should explore selling itself following the departures of Chief Executive John Sicard and Chief Sales Officer Claire Rychlewski, Kinaxis ( KXSCF ) shareholder Daventry Group in a letter on Monday. In the letter, Daventry, which owns or controls about 1.4% of Kinaxis ( KXSCF ), outlined what it called...

08:50 AM EDT, 09/09/2024 (MT Newswires) -- Medicenna Therapeutics ( MDNAF ) on Monday said new data from two of its preclinical programs were presented at the Promise of Interleukin-2 Conference held in Paris, France. The first presentation outlined MDNA209's potential to treat autoimmune diseases, including high grade graft-versus-host-disease (GvHD) which has a 1-year survival rate of only 40%. The...

(Reuters) - Hedge fund Starboard Value confirmed on Monday it had filed a shareholder resolution to eliminate the dual-class share structure that allows Rupert Murdoch to control News Corp ( NWSA ), the publisher of the Wall Street Journal. Starboard announced its move only days after Reuters exclusively reported that it had filed the proposal to abolish the stock structure,...