financetom
Business
financetom
/
Business
/
Sector Update: Consumer Stocks Mixed Pre-Bell Thursday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Mixed Pre-Bell Thursday
Jul 25, 2024 6:27 AM

09:03 AM EDT, 07/25/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Thursday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) 0.3% higher and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) recently down 0.4%.

Unilever ( UL ) shares rose more than 6% after its reported Q2 underlying sales growth of 3.9%, with volume growth increasing to 2.9%.

Hasbro ( HAS ) reported Q2 adjusted earnings of $1.22 per diluted share, up from $0.49 a year earlier. Hasbro ( HAS ) shares advanced more than 7% premarket.

Keurig Dr Pepper ( KDP ) shares were up more than 4% after it reported higher Q2 adjusted earnings and revenue.

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 >
--Chemed Keeps Quarterly Dividend at $0.50 a Share, Payable March 14 to Holders of Record as of Feb. 24
--Chemed Keeps Quarterly Dividend at $0.50 a Share, Payable March 14 to Holders of Record as of Feb. 24
Feb 14, 2025
02:12 PM EST, 02/14/2025 (MT Newswires) -- Price: 559.88, Change: -0.74, Percent Change: -0.13 ...
Update: NeuroPace Prices $65 Million Public Offering; Shares Jump
Update: NeuroPace Prices $65 Million Public Offering; Shares Jump
Feb 14, 2025
02:09 PM EST, 02/14/2025 (MT Newswires) -- (Updates with the stock movement in the headline and the last paragraph.) NeuroPace ( NPCE ) said Friday it has priced a public offering of 6.5 million shares at $10 per share. Gross proceeds from the offering, expected to close on Feb. 18, are expected to be $65 million, the company said. NeuroPace...
TSMC considering running Intel's US factories after Trump team request, Bloomberg reports
TSMC considering running Intel's US factories after Trump team request, Bloomberg reports
Feb 14, 2025
(Reuters) -Taiwanese contract manufacturer TSMC is considering taking a controlling stake in chipmaker Intel's ( INTC ) factories at the request of U.S. President Donald Trump's officials, Bloomberg News reported on Friday. Trump's team raised the idea of a deal between the two companies in recent meetings with officials from TSMC, and the Taiwanese company was receptive, Bloomberg reported, citing...
National Bank Reviews CAE's Q3 Result
National Bank Reviews CAE's Q3 Result
Feb 14, 2025
02:19 PM EST, 02/14/2025 (MT Newswires) -- CAE's fiscal third-quarter results were encouraging as Civil headwinds were less of a drag than expected, notes National Bank. Defense segment margins are trending ahead of forecast, and the Board changes give analyst Cameron Doerksen greater confidence in the CEO transition process. Doerksen is keeping the Sector Perform rating based on valuation. Target...
Copyright 2023-2026 - www.financetom.com All Rights Reserved