NEW YORK (Reuters) - A U.S. judge on Thursday dismissed some claims in a lawsuit accusing Rio Tinto and its former CEO Jean-Sebastien Jacques of defrauding investors by concealing problems developing the $5.3 billion Oyu Tolgoi copper and gold mine in Mongolia. U.S. District Judge Lewis Liman in Manhattan addressed recently added claims that Rio Tinto knowingly concealed how it...

08:47 AM EST, 11/07/2024 (MT Newswires) -- Ralph Lauren ( RL ) reported fiscal Q2 adjusted net income Thursday of $2.54 per diluted share, up from $2.10 a year earlier. Analysts polled by Capital IQ expected $2.42. Net revenue for the quarter ended Sept. 28 was $1.73 billion, up from $1.63 billion a year earlier. Analysts surveyed by Capital IQ...

08:51 AM EST, 11/07/2024 (MT Newswires) -- Consumer stocks were flat to higher pre-bell Thursday as the Consumer Staples Select Sector SPDR Fund (XLP) was inactive and the Consumer Discretionary Select Sector SPDR Fund (XLY) was up 0.2% recently. e.l.f. Beauty (ELF) shares advanced by over 9% after the company reported higher fiscal Q2 net sales and raised its full-year...

08:52 AM EST, 11/07/2024 (MT Newswires) -- Hagerty ( HGTY ) reported Q3 adjusted earnings Thursday of $0.05 per share, unchanged from a year earlier. Three analysts polled by Capital IQ expected $0.08. Revenue for the quarter ended Sept. 30 was $323.4 million, compared with $275.6 million a year earlier. Two analysts surveyed by Capital IQ expected $316.2 million. The...