Sector Update: Consumer-March 2024-www.financetom.com

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Sector Update: Consumer

Aug 2, 2024 1:06 PM

03:34 PM EDT, 08/02/2024 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) slumping 3.9%.

In corporate news, Cumulus Media ( CMLS ) shares tumbled 19% after the company's Q2 loss widened more than expected.

Previous page： Sprott's Q4 Net Income, Net Revenue Rise Next page： Top Premarket Decliners

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.

Show More Comments

Related Articles >

Sprott's Q4 Net Income, Net Revenue Rise

Feb 26, 2025

07:56 AM EST, 02/26/2025 (MT Newswires) -- Sprott (SII) reported Q4 net income Wednesday of $0.46 per share, up from $0.38 a year earlier. Two analysts polled by FactSet expected $0.48. Net revenue for the quarter ended Dec. 31 was $36.8 million, up from $36.1 million a year earlier. A single analyst surveyed by FactSet expected $38.3 million. The company...

Top Premarket Decliners

Feb 26, 2025

07:55 AM EST, 02/26/2025 (MT Newswires) -- Compass Diversified ( CODI ) shares slumped 46% pre-bell Wednesday following a muted session. Champions Oncology ( CSBR ) shares dropped nearly 37% after Tuesday's 2.5% gain. Flywire ( FLYW ) shares retreated nearly 30% after the company reported late Tuesday it swung to a Q4 net loss. Grocery Outlet Holding ( GO...

Edgewater Wireless Provides Additional Commentary on Valuation Report Press Release

Feb 26, 2025

07:53 AM EST, 02/26/2025 (MT Newswires) -- Edgewater Wireless Systems ( KPIFF ) late on Tuesday confirmed that it has not received a copy of the final valuation report from Avon River Ventures LLC that Edgewater responded to back in August 2024. As background, an internal draft press release titled Edgewater Wireless Announces Third-Party Valuation Report was published on a...

Chile power grid flickers back to life after huge outage and copper mines come back online

Feb 26, 2025

SANTIAGO, Feb 26 (Reuters) - Chile's power grid and major copper mines slowly came back online on Wednesday morning after a major outage hit the world's top producer of the metal, with power firms working to restore the system to full operation, authorities said. The power outage, caused by a transmission line failure in northern Chile, struck mid-afternoon on Tuesday,...