08:54 AM EDT, 07/12/2024 (MT Newswires) -- Consumer stocks were mixed premarket Friday as the Consumer Staples Select Sector SPDR Fund (XLP) was up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was 0.2% lower recently. Bally's (BALY) was up more than 2% after saying Gaming and Leisure Properties ( GLPI ) will provide it with a total...

PARIS (Reuters) -Airbus has launched a performance improvement plan including cost cuts and a freeze on overall headcount in its planemaking business, after recent cuts in targets for aircraft production, industry sources said, citing a memo to staff. Code-named LEAD!, the new initiative will urgently tackle an increase in unit costs, which have been accelerating compared to unit revenues, and...

08:55 AM EDT, 07/12/2024 (MT Newswires) -- AbbVie ( ABBV ) said Friday that it has submitted new indication applications to the US Food and Drug Administration and the European Medicines Agency for its drug upadacitinib for the treatment of adult patients with giant cell arteritis. Giant cell arteritis is an autoimmune disease that causes inflammation of the arteries in...

Zapp Electric Vehicles Group Limited ( ZAPP ) shares are trading higher on Friday in the premarket session. The company announced it has entered into a new standby equity purchase agreement with an affiliate of Yorkville Advisors Global. With this augmented backing, Zapp has secured extra financial resources that can be deployed as required to expand commercial operations into more...