01:05 PM EDT, 03/12/2026 (MT Newswires) -- Consumer stocks were lower Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.5%. In corporate news, Dollar General ( DG ) reported better-than-expected fiscal Q4 results on Thursday, but the discount retailer's full-year same-store...

01:01 PM EDT, 03/12/2026 (MT Newswires) -- Babcock & Wilcox Enterprises' ( BW ) shares fell more than 12% in Thursday trading after short seller Wolfpack Research issued a report questioning the company's $2.4 billion design-build agreement with Base Electron. Wolfpack said it is short Babcock & Wilcox Enterprises ( BW ). The firm argued the counterparty, Base Electron, is...

01:02 PM EDT, 03/12/2026 (MT Newswires) -- Netflix ( NFLX ) has cut jobs in its global product team, particularly its creative studio unit, in an internal reorganization, multiple media outlets reported Thursday, citing sources. Variety reported that the job cuts amounted to several dozen, while Deadline said the number could be as many 20+. The job cuts were not...

Blackstone Inc ( BX ) shares are trading lower on Thursday after Morgan Stanley became the latest major Wall Street firm to restrict withdrawals at one of its private‑credit funds. Blackstone stock is testing key support levels. What’s behind BX weakness? Morgan Stanley’s move has intensified fears of contagion across the roughly $2 trillion private‑credit market and has reminded investors...