01:35 PM EST, 01/10/2025 (MT Newswires) -- Consumer stocks were retreating Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) falling 1.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.3%. In corporate news, Constellation Brands ( STZ ) shares fell past 16% after the company reported fiscal Q3 results that fell short of market expectations....

Jan 10 (Reuters) - A federal judge in Texas on Friday said American Airlines ( AAL ) violated federal law by basing investment decisions for its employee retirement plan on environmental, social, and other non-financial factors. The ruling by U.S. District Judge Reed O'Connor appeared to be the first of its kind amid growing backlash by conservatives to an uptick...

SAO PAULO, Jan 10 (Reuters) - Brazilian energy company Brava Energia said on Friday it had received proposals from companies interested in buying assets from its onshore and shallow water portfolio, without providing further details. The company will analyze the proposals ... and will keep its investors and the market in general duly informed, Brava added in a securities filing....

NEW YORK (Reuters) - Liquidnet agreed to pay a $5 million civil fine to resolve U.S. Securities and Exchange Commission charges that the broker-dealer lacked necessary controls regarding market access, and failed to protect confidential subscriber trading information. The SEC said on Friday that Liquidnet violated a rule governing alternative trading systems operators by setting inappropriate credit thresholds for customers,...