03:32 PM EDT, 03/12/2025 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.8%. In corporate news, Uber ( UBER ) has terminated its proposed $950 million deal to buy Delivery Hero's Foodpanda business in Taiwan amid regulatory...

March 12 (Reuters) - Roomba vacuum cleaner maker iRobot , a former $1.4 billion buyout target of Amazon.com ( AMZN ) , raised concerns on Wednesday about its ability to stay in business. Shares of the company fell more than 30% in afternoon trading, extending a multi-year decline from its pandemic-era peak. Given macroeconomic and tariff-related uncertainties, there is substantial...

March 12 (Reuters) - American Eagle Outfitters ( AEO ) forecast annual revenue below expectations on Wednesday, joining other major U.S. apparel makers that expect a demand slowdown as shoppers battle the likelihood of pressured budgets again. The company expects fiscal 2025 revenue to decline in the low-single digit percentage range, while analysts were expecting a 2.97% rise, according to...

03:58 PM EDT, 03/12/2025 (MT Newswires) -- Consumer stocks were mixed in late Wednesday afternoon trading, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 2.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.6%. In corporate news, Uber ( UBER ) has terminated its proposed $950 million deal to buy Delivery Hero's Foodpanda business in Taiwan...