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 27, 2024 1:03 PM

03:28 PM EDT, 03/27/2024 (MT Newswires) -- Consumer stocks advanced late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) each rising 0.7%.

In corporate news, ONE Group Hospitality ( STKS ) shares surged nearly 24% after the company said it will buy Safflower in a deal valued at $365 million.

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 >
Tradespace Acquires AI Patent Drafting Startup Paragon
Tradespace Acquires AI Patent Drafting Startup Paragon
Nov 10, 2025
SAN FRANCISCO, Nov. 10, 2025 /PRNewswire/ -- Tradespace is pleased to announce its acquisition of Paragon, a patent-drafting startup founded by three Princeton computer science students that developed transparent, traceable artificial intelligence to draft reliable patents. With this acquisition, Tradespace becomes the first AI-powered platform to support the complete IP lifecycle - from initial invention disclosure through patent drafting, prosecution,...
Centene to Introduce Expanded Wellcare Medicare Coverage Across Texas in 2026
Centene to Introduce Expanded Wellcare Medicare Coverage Across Texas in 2026
Nov 10, 2025
11:56 AM EST, 11/10/2025 (MT Newswires) -- Centene ( CNC ) said Monday that its Medicare products, Wellcare, Wellcare by Allwell, and Wellcare by Superior HealthPlan, will be available in 205 counties across Texas in 2026. This includes major cities such as Austin, Dallas, El Paso, Houston, and San Antonio, the company said, adding that the Medicare annual enrollment period...
Ryman Hospitality Properties Insider Bought Shares Worth $828,814, According to a Recent SEC Filing
Ryman Hospitality Properties Insider Bought Shares Worth $828,814, According to a Recent SEC Filing
Nov 10, 2025
11:57 AM EST, 11/10/2025 (MT Newswires) -- Colin V Reed, Director, Executive Chairman of the Board, on November 07, 2025, executed a purchase for 8,993 shares in Ryman Hospitality Properties ( RHP ) for $828,814. Following the Form 4 filing with the SEC, Reed has control over a total of 1,447,299 common shares of the company, with 888,010 shares held...
Novartis Opens Radioligand Therapy Manufacturing Facility in California
Novartis Opens Radioligand Therapy Manufacturing Facility in California
Nov 10, 2025
11:56 AM EST, 11/10/2025 (MT Newswires) -- Novartis ( NVS ) said Monday it has opened a new 10,000-square-foot radioligand therapy manufacturing facility in Carlsbad, California. The facility, which will manufacture RLTs, a form of precision medicine that combines a tumor-targeting molecule (ligand) with a therapeutic radioisotope, can begin commercial operations once it is approved by the Food and Drug...
Copyright 2023-2025 - www.financetom.com All Rights Reserved