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
May 15, 2024 12:39 PM

03:28 PM EDT, 05/15/2024 (MT Newswires) -- Consumer stocks were edging up late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.1%.

In corporate news, Uber ( UBER ) said Wednesday it will launch a shuttle service in the US and is expanding its delivery partnership with warehouse chain Costco (COST). Uber ( UBER ) shares gained 1.4% and Costco rose 1.3%.

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 >
Market Chatter: New Fortress Energy Disqualified From Puerto Rican Power Project Auction
Market Chatter: New Fortress Energy Disqualified From Puerto Rican Power Project Auction
May 26, 2025
02:38 PM EDT, 05/21/2025 (MT Newswires) -- New Fortress Energy ( NFE ) was excluded from the bidding process for an 800-megawatt temporary power generation project by the Puerto Rican government, Bloomberg reported late Tuesday. New Fortress has sent a letter to the office of Puerto Rico Governor Jenniffer Gonzalez-Colon, requesting to be reconsidered for the contract, arguing it would...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Hallador Energy Insider Sold Shares Worth $1,863,619, According to a Recent SEC Filing
Hallador Energy Insider Sold Shares Worth $1,863,619, According to a Recent SEC Filing
May 26, 2025
02:40 PM EDT, 05/21/2025 (MT Newswires) -- David C Hardie, Director, on May 19, 2025, sold 97,837 shares in Hallador Energy ( HNRG ) for $1,863,619. Following the Form 4 filing with the SEC, Hardie has control over a total of 139,089 common shares of the company, with 139,089 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/788965/000110465925051563/xslF345X05/tm2515839-1_4seq1.xml Price: 19.48, Change: +0.68, Percent Change:...
TJ Maxx Parent Company Benefits From Off-Price Retail, Despite Consumer Caution: Analyst
TJ Maxx Parent Company Benefits From Off-Price Retail, Despite Consumer Caution: Analyst
May 26, 2025
Telsey analyst Dana Telsey maintained an Outperform rating on TJX Companies, Inc. ( TJX ) with a price forecast of $145 following the company’s first-quarter results, which were reported before the market opened today. Sales rose 5% year-over-year (Y/Y) to $13.1 billion, beating the analyst consensus estimate of $13 billion. Adjusted EPS of 92 cents beat the consensus estimate of 90 cents. TJX reaffirmed guidance for fiscal 2026...
Copyright 2023-2026 - www.financetom.com All Rights Reserved