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
Jul 29, 2025 10:56 AM

01:31 PM EDT, 07/29/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.6%.

In corporate news, the probe into Kellanova's ( K ) planned acquisition by Mars has been paused by the European Commission as it awaits data requested from the companies, Reuters reported. Separately, Mars said it will invest $2 billion to expand its US-based plants by the end of 2026. Kellanova ( K ) shares were up 0.2%.

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 >
Host Hotels & Resorts' Partner Prices $700 Million Notes Offering
Host Hotels & Resorts' Partner Prices $700 Million Notes Offering
Aug 7, 2024
05:59 PM EDT, 08/07/2024 (MT Newswires) -- Host Hotels & Resorts ( HST ) said Wednesday that its general partner Host Hotels & Resorts L.P., or Host L.P., has priced its $700 million offering of 5.500% senior notes due 2035. The offering is anticipated to close on Monday, it said. The expected net proceeds of about $683 million will be...
Api Group Insider Sold Shares Worth $4,126,815, According to a Recent SEC Filing
Api Group Insider Sold Shares Worth $4,126,815, According to a Recent SEC Filing
Aug 7, 2024
06:01 PM EDT, 08/07/2024 (MT Newswires) -- James E Lillie, Director, on August 05, 2024, sold 125,000 shares in Api Group ( APG ) for $4,126,815. Following the Form 4 filing with the SEC, Lillie has control over a total of 6,353,273 shares of the company, with 1,146,203 shares held directly and 5,207,070 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1796209/000162828024035755/xslF345X03/wk-form4_1723067769.xml ...
Api Group Insider Sold Shares Worth $4,953,865, According to a Recent SEC Filing
Api Group Insider Sold Shares Worth $4,953,865, According to a Recent SEC Filing
Aug 7, 2024
06:01 PM EDT, 08/07/2024 (MT Newswires) -- Ian G H Ashken, Director, on August 05, 2024, sold 150,000 shares in Api Group ( APG ) for $4,953,865. Following the Form 4 filing with the SEC, Ashken has control over a total of 5,912,448 shares of the company, with 3,948 shares held directly and 5,908,500 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1796209/000162828024035757/xslF345X03/wk-form4_1723067779.xml ...
Equinix raises annual adjusted core earnings forecast on strong data center demand
Equinix raises annual adjusted core earnings forecast on strong data center demand
Aug 7, 2024
(Reuters) - Equinix ( EQIX ) raised its annual adjusted core earnings forecast on Wednesday, betting on strong demand for its data center operation services amid growing adoption of generative artificial intelligence technology. Demand for companies offering data center services has remained strong as more businesses look to incorporate generative AI into their products and transition their workloads to the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved