financetom
Business
financetom
/
Business
/
Sector Update: Consumer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer
Mar 22, 2024 6:23 AM

08:51 AM EDT, 03/22/2024 (MT Newswires) -- Consumer stocks were steady premarket Friday, with the Consumer Staples Select Sector SPDR Fund (XLP) and Consumer Discretionary Select Sector SPDR Fund (XLY) recently inactive.

Lululemon athletica (LULU) was more than 13% lower as the company's guidance for sales and earnings for fiscal Q1 and the full financial year lagged the market's expectations.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Why NuCana (NCNA) Shares Are Trading Lower
Why NuCana (NCNA) Shares Are Trading Lower
Mar 28, 2024
NuCana plc ( NCNA ) shares are trading lower by 15.2% to $0.26 during Thursday’s session after the company late Wednesday said it intends to adjust the ratio of its American Depository Shares (ADSs) to its ordinary shares from 1:1 to 1:25, effective around April 16.  This change is akin to a one-for-twenty-five reverse ADS split and aims to enhance...
Western Forest Products Completes Sale of Ownership Interest in Newly Formed Mid-Island Partnership
Western Forest Products Completes Sale of Ownership Interest in Newly Formed Mid-Island Partnership
Mar 28, 2024
11:40 AM EDT, 03/28/2024 (MT Newswires) -- First Nations of the Nanwakolas Council and Western Forest Products Inc. ( WFSTF ) announced Thursday the completion of the agreement for the Nations to acquire a 34% interest from Western in a newly formed Limited Partnership, for $35.9 million. The new name for the Partnership is La-kwa sa muqw Forestry going forward....
FinWise Bancorp Names Jim Noone as President, Appoints Robert Wahlman as CFO
FinWise Bancorp Names Jim Noone as President, Appoints Robert Wahlman as CFO
Mar 28, 2024
11:41 AM EDT, 03/28/2024 (MT Newswires) -- FinWise Bancorp ( FINW ) said Thursday it named Jim Noone as president and appointed Robert Wahlman as chief financial officer. Wahlman succeeds Javvis Jacobson, who will stay with the bank as treasurer. Noone has been president of FinWise Bank. Wahlman was most recently CFO of Axiom Bank and Axiom Bancshares. Price: 10.08,...
BRIEF-Keysight Technologies To Buy UK's Spirent Communications For $1.46 Bln
BRIEF-Keysight Technologies To Buy UK's Spirent Communications For $1.46 Bln
Mar 28, 2024
March 28 (Reuters) - Keysight Technologies Inc ( KEYS ): * RECOMMENDED CASH OFFER BY KEYSIGHT FOR SPIRENT COMMUNICATIONS PLC * KEYSIGHT TECHNOLOGIES INC ( KEYS ): OFFER IS FOR A CASH CONSIDERATION OF 199 PENCE PER SHARE * KEYSIGHT TECHNOLOGIES INC ( KEYS ): PROPOSED DEAL FOR APPROXIMATELY £1,158 MILLION * KEYSIGHT TECHNOLOGIES INC ( KEYS ): SPIRENT'S BOARD...
Copyright 2023-2026 - www.financetom.com All Rights Reserved