03:36 PM EST, 02/20/2025 (MT Newswires) -- Consumer stocks declined late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1%. In corporate news, Hasbro ( HAS ) shares jumped 13% after it reported a surprise increase in Q4 profit and outlined a medium-term strategy, including...

* Boeing ( BA ) to buy back its former subsidiary * Airbus to firm up own deal with Spirit as part of supplier's breakup * Spirit breakup discussions made complicated due to IP and Belfast plant * Belfast union calls for plant to have single owner * Feb 20 (Reuters) - Airbus expects to firm up a deal to...

03:31 PM EST, 02/20/2025 (MT Newswires) -- Timken (TKR) filed a registration statement with the US Securities and Exchange Commission for the potential sale of securities from time to time in one or more offerings. The securities include both common and preferred stock and debt securities, the company said Thursday in the filing. Net proceeds will be used for general...

(Reuters) - PepsiCo ( PEP ) has joined the growing list of major U.S. companies that are making changes to their diversity, equity and inclusion programs as President Donald Trump pushes to dismantle the practice across the federal government and private sector. The Frito-Lay to 7Up maker will end DEI workforce representation goals and transition its chief DEI officer to...