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
Aug 26, 2025 10:32 AM

01:08 PM EDT, 08/26/2025 (MT Newswires) -- Consumer stocks were lower Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.1%.

In corporate news, activist investment firm Fivespan Partners has built a stake in The New York Times ( NYT ) , Bloomberg reported, citing a letter to Fivespan investors. The New York Times ( NYT ) shares were fractionally higher.

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 >
Regeneron Facing Headwinds After 'Underwhelming' Itepekimab Results, Truist Says
Regeneron Facing Headwinds After 'Underwhelming' Itepekimab Results, Truist Says
May 30, 2025
10:00 AM EDT, 05/30/2025 (MT Newswires) -- Regeneron Pharmaceuticals ( REGN ) shares will likely trade sideways in the near term after the company and its partner Sanofi ( SNY ) announced underwhelming phase 3 trial data for itepekimab in chronic obstructive pulmonary disease, Truist Securities said in a note Friday. There is little to no clarity regarding itepekimab's future...
Judge in Google case questions future of search amid rise of AI
Judge in Google case questions future of search amid rise of AI
May 30, 2025
* Antitrust enforcers seek to make Google sell Chrome * DOJ concerned Google's dominance could extend to AI * Judge likely to impose requirements on Google by August (Adds detail from hearing in paragraphs 1-6) By Jody Godoy WASHINGTON, May 30 (Reuters) - A judge asked the U.S. Department of Justice on Friday how much room there would be for...
GE Healthcare Says Updated NCCN Guidelines Recommend Use of FES PET Imaging for Breast Cancer
GE Healthcare Says Updated NCCN Guidelines Recommend Use of FES PET Imaging for Breast Cancer
May 30, 2025
10:01 AM EDT, 05/30/2025 (MT Newswires) -- GE Healthcare Technologies ( GEHC ) said Friday the NCCN clinical practice guidelines in oncology for doctors now recommend considering the use of fluoroestradiol, or FES, positron emission tomography, or PET, imaging in some individuals with lobular breast cancer. The company said its cerianna injection is the only imaging agent approved by the...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved