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
Nov 4, 2024 12:05 PM

08:49 AM EDT, 11/01/2024 (MT Newswires) -- Consumer stocks were advancing premarket Friday with the Consumer Staples Select Sector SPDR Fund (XLP) 0.4% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 1.9% recently.

Wayfair ( W ) shares rose by over 2% after the company reported it swung to an adjusted profit in Q3 while revenue declined year-over-year.

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 >
Hubbell to Acquire NSI Industries in $3 Billion Deal
Hubbell to Acquire NSI Industries in $3 Billion Deal
May 4, 2026
08:10 AM EDT, 05/04/2026 (MT Newswires) -- Hubbell (HUBB) agreed to acquire NSI Industries, a portfolio company of Sentinel Capital Partners, for about $3 billion in cash in a deal expected to strengthen its electrical solutions portfolio, the company said Monday. The company expects the deal to be accretive to adjusted earnings per share in 2026 and to improve operating...
Takeda's immune disease drug meets main goal of mid-to-late stage trial
Takeda's immune disease drug meets main goal of mid-to-late stage trial
May 4, 2026
May 4 (Reuters) - Takeda Pharmaceutical ( TAK ) said its experimental drug for primary immunodeficiency disease, a rare condition that weakens the immune system, has met the main goal of a mid- to late-stage clinical trial. ...
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
May 4, 2026
May 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1200 GMT on Monday: ** Electrical equipment maker Hubbell said it had agreed to acquire peer NSI Industries, a portfolio company of Sentinel Capital Partners, for $3 billion in cash. ** Spanish energy group Repsol has agreed to sell a 49% stake in its largest portfolio...
Power Nickel Provides Additional Assays from Lion Zone in Quebec
Power Nickel Provides Additional Assays from Lion Zone in Quebec
May 4, 2026
08:11 AM EDT, 05/04/2026 (MT Newswires) -- Power Metallic Mines' ( PNPNF ) latest drilling continued to define the high-grade Lion zone within the Nisk project in Quebec. Additional assays from a winter 2026 drill program include 17.45 meters of 9.47% copper equivalent and 39 m of 5.66% copper equivalent. The results will support a mineral resource estimate expected in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved