01:13 PM EDT, 10/10/2025 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 2.4%. In corporate news, Levi Strauss (LEVI) shares fell nearly 12% after it issued a downbeat fiscal Q4 profit outlook amid tariff pressures, even as it...

Raises Concerns About Whether the Board Fulfilled Its Fiduciary Duty of Care in Doubling Down on Its Commitment to Proposed Transaction Renewed Support Comes After Stunning Revelation STAAR CEO and Chair Failed to Disclose Inbound Interest in Acquiring the Company to Rest of Board NEW YORK--(BUSINESS WIRE)-- Broadwood Partners, L.P. and its affiliates (collectively, “Broadwood”) today issued the following...

01:11 PM EDT, 10/10/2025 (MT Newswires) -- Novo Nordisk ( NVO ) is winding down its cell therapy division that had been working on a potential cure for type 1 diabetes, Bloomberg reported Friday, citing a company statement. Novo said it is seeking partners to continue developing its cell therapy projects, according to the report. Almost all of the division's...

Johnson & Johnson ( JNJ ) is reportedly in discussions to acquire Protagonist Therapeutics ( PTGX ) . Citing people close to the talks, the Wall Street Journal reported that the deal is not guaranteed, and the terms have yet to be finalized. Year to date, Protagonist Therapeutics' ( PTGX ) stock has gained around 132%, as per data from...