01:37 PM EDT, 08/08/2024 (MT Newswires) -- Consumer stocks were rising Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 2.3%. In corporate news, Monster Beverage ( MNST ) shares tumbled 11% as the company's Q2 results fell short of Wall Street's estimates amid softening demand...

Six Flags Entertainment Corporation ( FUN ) shares are trading higher on Thursday. The company announced financial results for standalone legacy Cedar Fair and standalone Legacy Six Flags for the quarter ended June 30, 2024. The merger of legacy Cedar Fair and legacy Six Flags occurred on July 1, 2024, after the second quarter close. For Legacy Cedar Fair, net revenues in the...

DUBLIN (Reuters) - Ryanair said on Thursday it would buy back up to 800 million euros ($872.48 million) more of its shares over the next six to nine months due to a stronger than expected cash position, driven partly by the delayed delivery of new Boeing ( BA ) aircraft. The Irish airline, Europe's largest by passenger numbers, announced a...

01:36 PM EDT, 08/08/2024 (MT Newswires) -- Caravelle International Group ( CACO ) said Thursday it has signed a note and warrant purchase and settlement agreement with two investors to terminate a securities purchase agreement signed in January. Caravelle ( CACO ) said it will buy back a $1.5 million senior secured convertible promissory note while the warrants granting the...