01:34 PM EDT, 07/05/2024 (MT Newswires) -- Consumer stocks were advancing Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.3%. In corporate news, Macy's (M) is the target of a $6.9 billion buyout attempt by investors who have previously failed to acquire the retailer, The...

July 5 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in seven weeks, energy services firm Baker Hughes ( BKR ) said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by four to 585 in the week to July...

Investors with a lot of money to spend have taken a bearish stance on Oracle . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ORCL,...

01:27 PM EDT, 07/05/2024 (MT Newswires) -- Texas Roadhouse ( TXRH ) is likely to see solid margin gains and earnings growth this year despite inflationary pressures in the second half, while its long-term restaurant margin target is achievable, UBS Securities said Friday. The brokerage expects the casual dining restaurant operator to see continued restaurant margin gains in the second...