financetom
Business
financetom
/
Business
/
Sector Update: Consumer Stocks Lean Lower Premarket Wednesday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Lean Lower Premarket Wednesday
Apr 2, 2025 6:26 AM

09:13 AM EDT, 04/02/2025 (MT Newswires) -- Consumer stocks leaned lower premarket Wednesday with the Consumer Staples Select Sector SPDR Fund ( XLP ) declining by 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) down 1.5% recently.

Innovation Beverage Group ( IBG ) shares surged past 239% after the company said it has signed a distribution agreement with Republic National Distribution.

Leggett & Platt ( LEG ) shares were over 1% higher after the company said it has signed an agreement to sell its Aerospace Products Group to affiliated funds managed by Tinicum for $285 million in cash.

Domino's Pizza (DPZ) shares were up 0.8% after the company said it has joined DoorDash's ( DASH ) Marketplace platform under a new partnership with the company.

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 >
Skechers sues LL Bean for copying shoe design
Skechers sues LL Bean for copying shoe design
Jul 16, 2024
NEW YORK, July 16 (Reuters) - LL Bean has been sued by footwear maker Skechers USA ( SKX ), which accused the clothing and outdoor gear company of illegally copying its shoes, which have sold in the millions. According to a complaint filed late Monday in Manhattan federal court, the world's third-largest footwear company believes LL Bean's Freeport casual shoes...
--Street Color: Blackstone, CVC Capital Partners Eyeing Bid for Carlyle's StandardAero Aircraft Maintenance Provider -- Bloomberg
--Street Color: Blackstone, CVC Capital Partners Eyeing Bid for Carlyle's StandardAero Aircraft Maintenance Provider -- Bloomberg
Jul 16, 2024
10:00 AM EDT, 07/16/2024 (MT Newswires) -- Price: 135.40, Change: +3.03, Percent Change: +2.29 ...
New Ray-Ban Meta glasses have outsold previous version, Essilux CEO says
New Ray-Ban Meta glasses have outsold previous version, Essilux CEO says
Jul 16, 2024
MILAN, July 16 (Reuters) - Meta Platforms ( META ) and EssilorLuxottica's new generation of smart glasses have sold more in a few months than the old ones did in two years, EssilorLuxottica's Chief Executive said on Tuesday. The Ray-Ban Meta smart glasses went on the market last October, allowing users to livestream directly from the glasses to followers on...
Yum Brands Insider Sold Shares Worth $912,030, According to a Recent SEC Filing
Yum Brands Insider Sold Shares Worth $912,030, According to a Recent SEC Filing
Jul 16, 2024
10:01 AM EDT, 07/16/2024 (MT Newswires) -- David W Gibbs, Director, Chief Executive Officer, on July 15, 2024, sold 6,961 shares in Yum Brands ( YUM ) for $912,030. Following the Form 4 filing with the SEC, Gibbs has control over a total of 228,274 shares of the company, with 162,381 shares held directly and 65,893 controlled indirectly. SEC Filing:...
Copyright 2023-2025 - www.financetom.com All Rights Reserved