01:30 PM EDT, 08/01/2024 (MT Newswires) -- Krispy Kreme (DNUT) Thursday announced a joint venture with Glaseadas Originales to bring the brand to Spain in 2025. Krispy Kreme said it is a minority investor in the venture, and expects to offer its doughnuts to consumers in Madrid, Barcelona, Valencia, and Malaga. Krispy Kreme first entered the European markets through France...

Aug 1 (Reuters) - A consortium of Canada's Indigenous communities is preparing a C$1 billion ($721.66 million) bond offering to fund the purchase of a minority stake in TC Energy's ( TRP ) natural gas pipeline system, Bloomberg News reported on Thursday, citing people familiar with the matter. The bond deal may come to the market in the next several...

01:30 PM EDT, 08/01/2024 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 2.4%. In corporate news, Hershey's (HSY) Q2 results fell more than Wall Street's expectations as consumers pulled back on discretionary spending, prompting the company to cut...

01:31 PM EDT, 08/01/2024 (MT Newswires) -- Quanex Building Products ( NX ) said Thursday it has completed the acquisition of Tyman. The company said it plans to complete about 50% of the integration within the first 12 months and expects the acquisition to be meaningfully accretive to earnings within the first full year after closing. Shares of Quanex were...