08:54 AM EST, 12/04/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Wednesday with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.3% higher recently. Foot Locker ( FL ) shares fell past 18% after the company reported a decline in fiscal Q3 revenue and lowered its fiscal 2024...

08:55 AM EST, 12/04/2024 (MT Newswires) -- Huntington Ingalls Industries ( HII ) said Wednesday it has struck a deal to acquire all of the assets of metal fabricator W International and Vivid Empire. Financial terms weren't disclosed. Upon deal completion, which is expected in Q4, Huntington said the production site in Goose Creek, South Carolina, will operate within its...

08:56 AM EST, 12/04/2024 (MT Newswires) -- Stellantis' ( STLA ) former Chief Executive Carlos Tavares was ousted by board members over unrealistic sales targets and job cuts, Reuters reported Wednesday. The European automaker said Sunday that Tavares resigned, effective immediately, and that it has launched a search process for a successor. Stellantis ( STLA ) did not immediately respond...

08:54 AM EST, 12/04/2024 (MT Newswires) -- Labor productivity of Canadian businesses fell 0.4% quarter over quarter in Q3, after edging down by 0.1% in Q2 and by 0.2% in Q1, said the country's statistical agency Wednesday. Q3's 0.4% quarter-over-quarter decline was a tad higher than the 0.3% slip expected by Scotiabank and Bank of Montreal (BMO). The decline in...