03:29 PM EDT, 03/28/2024 (MT Newswires) -- Consumer stocks were mixed late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.2%. In corporate news, MillerKnoll ( MLKN ) shares plunged almost 19% following the company's fiscal Q3 results as sales slowed more than the forecast...

March 28 (Reuters) - General Dynamics Information Technology (GDIT), a unit of General Dynamics ( GD ), said on Thursday it was awarded a $922 million contract to modernize the U.S. Central Command's IT infrastructure. Under the contract, GDIT will use data from AI and machine learning to improve decision-making, and help the command center transition to a new cloud...

03:18 PM EDT, 03/28/2024 (MT Newswires) -- (Updates with details starting in second paragraph.) Oracle Corp. ( ORCL ) faces a call by South Africa's Special Investigation Unit to the National Treasury to prohibit the company from doing business with the government over an alleged flawed tender, Bloomberg reported Thursday. Awarded almost two decades ago, the 800 million rand ($42...

NEW YORK (Reuters) - Blackwells Capital is ratcheting up the pressure on Walt Disney ( DIS ) in a bruising boardroom battle by suing the entertainment giant in Delaware court for information that may point to possible disclosure violations in dealings with hedge fund ValueAct Capital. The suit is the latest chapter in a fight over who will sit on...