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

Jan 8, 2025 6:27 AM

08:56 AM EST, 01/08/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Wednesday as the Consumer Staples Select Sector SPDR Fund (XLP) was 0.3% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) was down 0.1% recently.

Meta Platforms ( META ) would roll out a test in the US, France, and Germany for buyers to browse eBay ( EBAY ) listings on Facebook Marketplace and then complete the transactions on eBay ( EBAY ), Reuters reported, citing Meta. eBay ( EBAY ) shares rose past 6% premarket.

Previous page： Best Buy set for tenth straight quarter of sales drop on weak electronics spending Next page： Kirby Insider Sold Shares Worth $961,993, According to a Recent SEC Filing

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 >

Best Buy set for tenth straight quarter of sales drop on weak electronics spending

May 29, 2024

Best Buy ( BBY ) is set to post its tenth consecutive quarter of sales decline on Thursday when the U.S. electronics retailer reports quarterly results, as spending on big-ticket electronics remains pressured despite easing inflation. Although results from big-box retailers Walmart ( WMT ) and Target ( TGT ) indicate that consumers have resumed spending on less-expensive discretionary items...

Kirby Insider Sold Shares Worth $961,993, According to a Recent SEC Filing

May 29, 2024

10:02 AM EDT, 05/29/2024 (MT Newswires) -- Amy D. Husted, Vice President, General Counsel & Secretary, on May 28, 2024, sold 7,853 shares in Kirby (KEX) for $961,993. Following the Form 4 filing with the SEC, Husted has control over a total of 5,280 shares of the company, with 5,280 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/56047/000095017024065647/xslF345X03/ownership.xml Price: 121.45, Change: +0.01,...

Catalent stockholders approve buyout by Novo Holdings

May 29, 2024

May 29 (Reuters) - Catalent ( CTLT ) said on Wednesday its stockholders have voted to approve Novo Nordisk parent's $16.5 billion bid to take over the contract manufacturer. In February, Novo Holdings had agreed to buy Catalent ( CTLT ), a key manufacturing subcontractor of Wegovy, to boost the output amid soaring demand for the blockbuster obesity drug. Stockholders...

Jaguar Health Expands Out-licensing Agreement With Magdalena Biosciences

May 29, 2024

10:01 AM EDT, 05/29/2024 (MT Newswires) -- Jaguar Health ( JAGX ) said Wednesday it has expanded its out-licensing agreement with Magdalena Biosciences to include ethnobotanical expertise in developing a potential botanical drug to treat schizophrenia and psychoses. Under the terms of the revised agreement, Jaguar said it would receive 10% of all upfront and milestone payments made to Magdalena...