01:32 PM EST, 01/15/2025 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 2.1%. In corporate news, Beacon Roofing Supply ( BECN ) shares jumped 9% after QXO (QXO) announced an offer to buy Beacon for $124.25 in cash,...

01:25 PM EST, 01/15/2025 (MT Newswires) -- Hong Kong Pharma Digital Technology Holdings (HKPD) shares fell 17% in recent Wednesday trading in the stock's Nasdaq debut. The shares fell to $3.29 after opening at $3.50. The initial public offering was priced at $4. a share. The offering is expected to close Thursday, the company said. Price: 3.29, Change: -0.71, Percent...

NEW YORK (Reuters) - Colonial Pipeline's main U.S. gasoline artery is expected to be shut through Friday as the company continues to search for the source of a suspected leak in Paulding County, Georgia, the company said in a statement on Wednesday. Line 1, one of two mainlines on the more than 5,500-mile Colonial system, was shut on Monday night...

Deep-pocketed investors have adopted a bearish approach towards Alibaba Gr Hldgs , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BABA usually suggests something big is about to happen. We gleaned this information from our...