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Consumer Sector Update for 01/16/2018: WMT, MCD, DIS, CVS, KO, PG, CAR, RBA, JD.L

Shutterstock photo

Top Consumer Shares:

WMT: +0.6%

MCD: flat

DIS: +0.5%

CVS: +0.9%

KO: +0.5%

PG: +1.4%

Consumer shares were higher ahead of the opening bell on Tuesday.

Expected movers:

– Avis Budget Group ( CAR ): OKs rights plan to fend off SRS Investment Management

Other news:

– Ritchie Bros ( RBA ): buys collector car auctioneer Leake Auction Company for undisclosed amount

– McDonald’s ( MCD ): plans to improve packaging to reduce waste

News from overseas:

– JD Sports Fashion plc (JD.L): surges in London trading following upbeat holiday sales figures

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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