01:31 PM EDT, 07/22/2024 (MT Newswires) -- Consumer stocks were rising Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) gaining 1.1%. In corporate news, Mattel ( MAT ) shares surged nearly 15% after Reuters reported Monday the company received an approach for a takeover by private...

July 22 (Reuters) - Delta Air Lines ( DAL ) continued to struggle to restore its operations on Monday, three days after a global cyber outage snarled flights around the world, stranding thousands of customers across the country. The Atlanta-based airline had canceled 778 flights, or about 20% of the scheduled total as of 1:30 p.m. EST on Monday, according...

01:37 PM EDT, 07/22/2024 (MT Newswires) -- GE Aerospace (GE) received orders for its GEnx engines from International Airlines Group to power six Boeing (BA) 787 Dreamliners in the British Airways fleet, GE said Monday. The company also received orders for GE90-110B engines, eight for Turkish Airlines for its Cargo Boeing 777 Freighters, and eight for National Airlines for of...

MEXICO CITY, July 22 (Reuters) - Mining and transport conglomerate Grupo Mexico on Monday reported a 34% increase in net profit during the second quarter, landing above analysts' forecasts at $1.122 billion. Revenue for the major global copper producer, which also operates sprawling freight railroads in Mexico, rose 27% to total $4.397 billion in the quarter. Analysts polled by LSEG...