financetom
Business
financetom
/
Business
/
Sector Update: Consumer Stocks Mixed Premarket Thursday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Mixed Premarket Thursday
Apr 18, 2024 6:40 AM

09:06 AM EDT, 04/18/2024 (MT Newswires) -- Consumer stocks were mixed premarket Thursday as the Consumer Staples Select Sector SPDR Fund (XLP) was 0.3% higher and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was inactive recently.

D.R. Horton ( DHI ) was up more than 5% after it reported higher fiscal Q2 earnings and revenue in addition to lifting its fiscal 2024 revenue guidance.

Las Vegas Sands ( LVS ) was down more than 4% even after it reported higher Q1 adjusted earnings and revenue.

Adamas One ( JEWL ) said the Nasdaq Stock Market has accepted its plan to regain compliance with its listing requirements related to the timely filing of financial reports. The company said the exchange has granted an extension until May 20. Adamas One ( JEWL ) was 0.5% lower pre-bell.

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 >
GM to recall nearly 80,000 vehicles over transmission issues, NHTSA says
GM to recall nearly 80,000 vehicles over transmission issues, NHTSA says
Nov 14, 2024
(Reuters) -General Motors ( GM ) will recall 77,824 vehicles as incorrect software in the transmission control module could cause the vehicle to move in an unintended direction, increasing the risk of a crash, the U.S. auto safety regulator said on Thursday. The recall involves certain 2022-2023 Chevrolet Express and GMC Savana vehicles, the National Highway Traffic Safety Administration said....
Defence firm Thales eyes profit growth after cyber expansion
Defence firm Thales eyes profit growth after cyber expansion
Nov 14, 2024
* Targets 5-7% compound annual sales growth in 2024-2028 * Targets 13-14% operating profit margin in 2028 * CEO puts focus on higher-margin cyber products * Confirms exploratory discussions on space consolidation * (Updates throughout with shares and news conference) By Tim Hepher PARIS, Nov 14 (Reuters) - Defence and technology firm Thales unveiled new four-year targets on Thursday, predicting...
EU says Booking must now comply with Digital Markets Act
EU says Booking must now comply with Digital Markets Act
Nov 14, 2024
AMSTERDAM, Nov 14 (Reuters) - The European Commission on Thursday said hotel reservation website Booking.com must now comply with strict EU obligations, following its designation as a gatekeeper under the Digital Markets Act in May. The Digital Markets Act (DMA) is one of the most stringent regulations targeting tech giants' market dominance, imposing tougher obligations to moderate content, allow fair...
BRIEF-Maxsmaking Files For U.S. IPO
BRIEF-Maxsmaking Files For U.S. IPO
Nov 14, 2024
Nov 14 (Reuters) - * MAXSMAKING INC. FILES FOR U.S. IPO - FILING * MAXSMAKING INC: EXPECTS IPO PRICE OF A SHARES TO BE IN RANGE OF $4.00 TO $5.00 PER SHARE * MAXSMAKING INC: APLIED TO HAVE OUR A SHARES LISTED FOR TRADING ON NASDAQ CAPITAL MARKET UNDER THE SYMBOL MAMK * MAXSMAKING INC: JOSEPH STONE CAPITAL, LLC IS...
Copyright 2023-2026 - www.financetom.com All Rights Reserved