Lear Corporation ( LEA ) stock is moving lower on Thursday. The company reported earnings for the 2024 third quarter before the market opened. What To Know: Lear reported sales of $5.58 billion beating analysts’ estimate of $5.57 billion, but below the $5.8 billion in sales the company previously reported for the 2023 third quarter. In addition, the company reported...

01:33 PM EDT, 10/24/2024 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) jumping 2.9%. In corporate news, Tesla (TSLA) shares surged 20%, a day after the company posted a surprise gain in Q3 earnings. ...

Rivian Automotive, Inc. ( RIVN ) shares are trading higher on Thursday. Yesterday, the company’s top peer Tesla, Inc. ( TSLA ) reported third-quarter revenue of $25.18 billion, up 8% year-over-year, with improving margins. The company reported automotive revenue of $20 billion, up 2% year-over-year, in the third quarter. The automaker reported third-quarter earnings per share of 72 cents, beating...

(Reuters) -Yum Brands said on Thursday it would be removing fresh onions from its meals at certain Taco Bell, Pizza Hut and KFC restaurants out of an abundance of caution, following an E.coli outbreak tied to McDonald's Quarter Pounder hamburgers. The E.coli outbreak has killed at least one person and sickened nearly 50 others across the U.S. West and Midwest....