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
Aug 20, 2024 1:19 PM

03:35 PM EDT, 08/20/2024 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.1%.

Redbook US same-store sales last week rose 4.9% from a year earlier after a 4.7% increase in the previous week.

In corporate news, Hawaiian Airlines parent Hawaiian Holdings ( HA ) said the time period for the US Department of Justice to complete its review of the proposed merger with Alaska Air ( ALK ) ended without objection. Alaska Air ( ALK ) shares rose 0.3%, and Hawaiian Holdings ( HA ) jumped 11%.

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 >
HWH International Agrees to Sell 1.3 Million Shares to Alset for $585,000
HWH International Agrees to Sell 1.3 Million Shares to Alset for $585,000
Dec 27, 2024
07:25 AM EST, 12/27/2024 (MT Newswires) -- HWH International ( HWH ) said in a filing Thursday that it has entered into a stock purchase agreement to sell 1.3 million common shares to Alset at $0.45 per share for $585,000. As a result of the transaction, Alset and its subsidiaries will increase their ownership of outstanding HWH common stock to...
Kronos Bio, Genentech to Terminate Research Partnership; Shares Down Pre-Bell
Kronos Bio, Genentech to Terminate Research Partnership; Shares Down Pre-Bell
Dec 27, 2024
07:24 AM EST, 12/27/2024 (MT Newswires) -- Kronos Bio ( KRON ) said in a filing Friday it has agreed to terminate a collaboration and license agreement with Genentech, voiding Kronos' rights to all intellectual property generated under two discovery research programs under the partnership. Kronos said it will transfer to Genentech all small molecule compounds, materials and data generated...
Surf Air Mobility Shares Rise Pre-Bell Following Board Stock Purchases
Surf Air Mobility Shares Rise Pre-Bell Following Board Stock Purchases
Dec 27, 2024
07:16 AM EST, 12/27/2024 (MT Newswires) -- Surf Air Mobility ( SRFM ) share prices were up more than 21% in Friday's premarket activity after the company announced share purchases by the company's chairman and co-founder. The company said its Chairman Carl Albert had purchased 14,500 shares while co-founder and board member Sudhin Shahani purchased 17,237 shares for a total...
Top Premarket Gainers
Top Premarket Gainers
Dec 27, 2024
07:20 AM EST, 12/27/2024 (MT Newswires) -- SES AI (SES) shares soared nearly 70% pre-bell Friday, extending Thursday's rally. Quantum-Si (QSI) shares surged 52%, adding to gains from the previous session. Solid Power ( SLDP ) shares were up 46% following a 30% increase in the previous session. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved