09:14 AM EST, 03/07/2024 (MT Newswires) -- Consumer stocks were edging higher premarket Thursday, with the Consumer Discretionary Select Sector SPDR Fund ( XLY ) up 0.1% and the Consumer Staples Select Sector SPDR Fund (XLP) gaining 0.2%. American Eagle Outfitters ( AEO ) was over 12% higher after it reported increases in fiscal Q4 non-GAAP earnings and revenue. Burlington...

March 7 (Reuters) - U.S. oil producer Hess said on Thursday it was reviewing the timeline for closing its merger with Chevron ( CVX ), after oil major Exxon Mobil ( XOM ) signaled a potential counter offer for Hess's Guyana assets. Exxon on Wednesday filed a contract arbitration claim related to Hess' proposed sale of its Guyana oil properties...

Global Water Resources Inc ( GWRS ) reported fourth-quarter FY23 sales growth of 11.4% year-on-year to $12.368 million, beating the analyst consensus estimate of $12.00 million. The increase in revenue was primarily driven by an increase in new connections associated with the acquisition of Farmers Water in February 2023. Operating expenses for the quarter grew 8.5% to $10.7 million. Adjusted EBITDA increased...

(Reuters) - Victoria's Secret & Co's shares plunged about 29% premarket on Thursday after the lingerie brand forecast weaker annual sales following a sluggish start to the year as shoppers in its key North America market switch to cheaper options. The company, popular for its PINK brand of intimates, forecast fiscal 2024 net sales of $6 billion, indicating a third...