Consumer Stocks Inch Toward Positive Ground

Consumer Stocks Inch Toward Positive Ground

Consumer stocks were finishing slightly higher today, with shares of consumer staples companies in the S&P 500 adding about 0.1% advance while shares of consumer discretionary firms in the S&P 500 also were posting a 0.1% increase. In company news, Rite Aid (RAD) shares rose to a new record high on Wednesday following reports the Federal Trade Commission could vote to approve the proposed $9.4 billion buyout of the nation’s […]

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Disney’s “Rogue One: A Star Wars Story” Sees $29 Million In Thursday Night Preview Sales

Disney’s “Rogue One: A Star Wars Story” Sees $29 Million In Thursday Night Preview Sales

Walt Disney’s “Rogue One: A Star Wars Story” brought in an estimated $29 million in theaters in the U.S and Canada in previews Thursday night, according to a report from Bloomberg. The report, citing an e-mail from Disney, said the movie has generated $33 million from international ticket sales from countries including the U.K., Australia and Germany that account for about 60% of the total international box office. It will […]

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Technology Stocks Mainly Higher in Early Trade

Technology Stocks Mainly Higher in Early Trade

Technology shares were mainly higher in early trade on Tuesday. In technology stocks news, RiceBran Technologies (RIBT) named Robert Smith, the current interim chief executive officer, as its newest permanent CEO and board member, the company said Tuesday. Shares in the company were 4.4% lower at $1.09 in early trade. The stock has traded between $0.74 and $2.36 over the past 52 weeks.

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Consumer Stocks Extending Day-Long Advance Near Closing Bell

Consumer Stocks Extending Day-Long Advance Near Closing Bell

Consumer stocks were ending near the top of the Wednesday leaderboard, with shares of consumer staples companies in the S&P 500 advancing over 1.2% while shares of consumer discretionary firms in the S&P 500 jumped out to an 1.8% increase. In company news, Mercadolibre (MELI) was higher in late Wednesday trading after analysts at Goldman Sachs today raised their investment call for the Latin American ecommerce platform to Buy from […]

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US Trade Deficit Jumps 18% in October as Exports Fall, Imports Increase

US Trade Deficit Jumps 18% in October as Exports Fall, Imports Increase

The US trade deficit rose 18% in October as exports slumped and imports jumped month-over-month. The goods and services deficit rose to $42.6 billion in October, up from a revised $36.2 billion in September, the Census Bureau and Bureau of Economic Analysis said in a report on Tuesday. October exports totaled $186.4 billion, down by $3.4 billion from September, while imports rose by $3 billion to $229 billion. The goods […]

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