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
May 26, 2025 5:22 AM

03:33 PM EDT, 05/09/2025 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.5%.

In corporate news, Stellantis ( STLA ) is nearing the end of its search for a new chief executive. Bloomberg reported that Antonio Filosa, currently the chief operating officer for the Americas, is emerging as the leading candidate. Stellantis ( STLA ) shares were down 0.5%.

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 >
Cognizant Technology, Cengage Group Expand Tech Services Agreement
Cognizant Technology, Cengage Group Expand Tech Services Agreement
Jun 26, 2024
09:22 AM EDT, 06/26/2024 (MT Newswires) -- Cognizant Technology Solutions ( CTSH ) said Wednesday it is expanding the technology services agreement with Cengage Group to support the latter's operational efficiency and digital transformation. The information technology services company said the seven-year agreement includes operations services for finance, human resources, cloud environment management and corporate security services. Price: 68.92, Change:...
Kinaxis Names New Board Chair
Kinaxis Names New Board Chair
Jun 26, 2024
09:22 AM EDT, 06/26/2024 (MT Newswires) -- Kinaxis ( KXSCF ) , a global player in end-to-end supply chain orchestration, Wednesday named Robert Courteau as chair of the board. He will continue to serve as a member of the audit and compensation committees. Additionally, Jose Duarte has joined the board as a director. Duarte has previously held CEO roles at...
Cold storage giant Lineage files for US IPO
Cold storage giant Lineage files for US IPO
Jun 26, 2024
June 26 (Reuters) - Cold storage giant Lineage on Wednesday filed for an initial public offering in the United States. ...
Croatian startup readies self-driving taxi Verne for Zagreb launch
Croatian startup readies self-driving taxi Verne for Zagreb launch
Jun 26, 2024
ZAGREB, June 26 (Reuters) - Autonomous vehicle startup Project 3 Mobility (P3), set up by the founder of Croatian electric vehicle maker Rimac Group, presented on Wednesday its self-driving robotaxi named after French writer Jules Verne ahead of a planned launch in 2026. The startup expects that its fully autonomous two-seat electric vehicle Verne will be able to run urban...
Copyright 2023-2026 - www.financetom.com All Rights Reserved