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
Oct 17, 2024 2:40 PM

08:51 AM EDT, 10/14/2024 (MT Newswires) -- Consumer stocks were edging higher pre-bell Monday as the Consumer Staples Select Sector SPDR Fund (XLP) and Consumer Discretionary Select Sector SPDR Fund (XLY) were recently up 0.2%.

Vera Bradley ( VRA ) shares were up over 1% after the company said it secured approval from its board to adopt a limited duration rights plan through Oct. 11, 2025 to protect shareholders' interests and maximize investor value.

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 >
Humana beats quarterly profit estimates on higher premiums, in-line medical costs
Humana beats quarterly profit estimates on higher premiums, in-line medical costs
Nov 5, 2025
Nov 5 (Reuters) - Humana reported third-quarter profit that beat Wall Street estimates on Wednesday, helped by higher premiums and medical costs which were in line with the health insurer's expectations. The company is one of the largest providers of Medicare Advantage plans, under which the U.S. government pays private insurers a set rate to manage healthcare for people 65...
Kennametal beats Q1 sales estimates, raises forecast
Kennametal beats Q1 sales estimates, raises forecast
Nov 5, 2025
Overview * Kennametal ( KMT ) fiscal Q1 sales grow 3%, beating analyst expectations * Adjusted EPS for fiscal Q1 beats consensus, rising 18% to $0.34 * Company raises annual sales and adjusted EPS outlook Outlook * Company expects Q2 sales of $500 mln to $520 mln, with a 2% FX tailwind * Kennametal ( KMT ) projects FY sales...
Biotech firm Ocugen's Q3 revenue beats expectations
Biotech firm Ocugen's Q3 revenue beats expectations
Nov 5, 2025
Overview * Ocugen ( OCGN ) Q3 revenue beats analyst expectations, reaching $1.75 mln * Company closed $20 mln direct offering, extending cash runway into 2026 * Executed licensing agreement with Kwangdong for OCU400 rights in South Korea Outlook * Ocugen ( OCGN ) plans BLA filing for OCU410ST in 1H 2027 * Company expects interim data for OCU410ST mid-2026...
Recursion Q3 revenue misses estimates, net loss widens
Recursion Q3 revenue misses estimates, net loss widens
Nov 5, 2025
Overview * Recursion Q3 operating revenue misses analyst expectations * Net loss for Q3 widens, missing analyst estimates * Achieved $30 mln milestone from Roche and Genentech for microglial immune cells map Outlook * Recursion expects cash runway to extend through 2027 without additional financing * Company anticipates over $100 mln in milestone payments by end of 2026 Result Drivers...
Copyright 2023-2026 - www.financetom.com All Rights Reserved