12:58 PM EDT, 05/21/2024 (MT Newswires) -- (Updates with response from Pixar in the fourth paragraph.) Walt Disney's ( DIS ) Pixar Animation Studios is laying off about 175 employees, or nearly 14% of its workforce, media outlets reported Tuesday. In January, media outlets reported that Pixar would be reducing some jobs, following 75 eliminations in June last year, Bloomberg...

01:16 PM EDT, 05/21/2024 (MT Newswires) -- Tenet Fintech Group ( PKKFF ) , an analytics service provider, and Able View Global (ABLV), China's second-largest international beauty and personal care brand manager, said Tuesday they teamed up to distribute Canadian brands in China. The companies will develop a program to help identify brands owned by members of Tenet's Cubeler Business...

01:32 PM EDT, 05/21/2024 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.2%. In economic news, Redbook US same-store sales rose by 5.5% from a year earlier in the week ended May 18 after a 6.3% year-over-year increase...

01:25 PM EDT, 05/21/2024 (MT Newswires) -- Francisco Melo, President, Solutions Group, on May 20, 2024, sold 3,750 shares in Avery Dennison (AVY) for $851,250. Following the Form 4 filing with the SEC, Melo has control over a total of 15,230 shares of the company, with 15,230 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/8818/000112760224016089/xslF345X03/form4.xml Price: 227.23, Change: +1.18, Percent Change: +0.52...