01:27 PM EST, 02/05/2025 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.8%. In corporate news, Walt Disney's ( DIS ) fiscal Q1 results topped market expectations amid entertainment business strengths, while the company recorded a sequential decline...

01:32 PM EST, 02/05/2025 (MT Newswires) -- Gildan Activewear ( GIL ) target has been raised by $4, to $78 at National Bank. The company is expected to report its fourth-quarter results in February. National Bank is projecting fourth-quarter EPS of $0.80 versus consensus at $0.81; last year was $0.75. Analyst Vishal Shreedhar believes that wholesale channel POS trends were...

LONDON (Reuters) -Sigma Broking, one of eight members of the London Metal Exchange allowed to trade on the open-outcry floor, is in talks to sell its business three years after joining the LME, three sources with knowledge of the situation said. Sigma became the first new floor-trading member of the LME in 15 years in 2022 when it joined the...

Feb 5 (Reuters) - MicroStrategy ( MSTR ), the biggest corporate holder of bitcoin, said on Wednesday it would now operate as Strategy and unveiled a new logo to emphasize its commitment to the cryptocurrency space. The rebrand was a natural evolution as it seeks to integrate bitcoin - the world's biggest and best-known cryptocurrency - into the heart of...