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XLP News30 articles
Dow Slumps on Inflation, Oil Surge Ahead of Powell Remarks
The Dow Jones Industrial Average dropped sharply Wednesday, pressured by a hotter-than-expected inflation report and a surge in oil prices. Traders now see the Federal Reserve's first rate cut delayed until April 2027.
Costco Q2 Results Top Estimates, Eyes Tariff Refunds for Member Price Cuts
Costco Wholesale exceeded analyst expectations for its fiscal second quarter, posting strong sales and profit growth. The retailer indicated any future tariff recoveries would be used to reduce prices for members.
Coca-Cola Shares Dip Amid Market Selloff, Insider Transactions Filed
Coca-Cola shares declined alongside a broader market drop as oil prices jumped. Company insiders filed Form 4 disclosures revealing recent stock transactions.
Woolworths Shares Hold Near Peak Ahead of Dividend Cut-Off Amid Rate Jitters
Woolworths shares closed at A$36.90, near the top of its yearly range, before trading ex-dividend for a A$0.45 interim payout. The ASX 200 fell 1.34% amid rate and oil worries.
PepsiCo Nears 52-Week High Ahead of Dividend and Key Economic Data
PepsiCo shares gained 1.29% to $169.74 Friday, closing just under its 52-week peak. The company faces retailer pressure on ingredients while preparing for its March 31 dividend payout.
Procter & Gamble Shares Defy Market Slump as Investors Seek Safety
Procter & Gamble shares gained 2.1% on Friday, bucking a broader market decline as fresh inflation data spurred a rotation into defensive sectors like consumer staples.
Walmart Settles FTC Driver Pay Case for $100M as Shares Defy Market Dip
Walmart will pay $100 million to resolve FTC allegations it misled delivery drivers about earnings. Its stock rose 2.84% to $127.95 on Friday, outperforming the market.
Walmart Shares Dip on Cautious Outlook, HSBC Downgrade
Walmart shares declined in extended trading after the retailer issued a guarded profit outlook for fiscal 2027 and HSBC downgraded the stock to hold, citing valuation concerns.
P&G Shares Dip Ahead of Holiday, Insider Sale and Key Conference in Focus
Procter & Gamble shares declined 0.7% to $160.07 ahead of the market holiday. An SEC filing revealed an insider sale, while investors await the quarterly dividend and a key management presentation this week.
Walmart Approaches Record High Ahead of Q4 Earnings, First Under New CEO
Walmart shares closed at $133.89, up 0.2%, pushing its market value to approximately $1.07 trillion. The retailer reports fourth-quarter results Thursday, marking the first earnings release under new CEO John Furner.
PepsiCo Shares Dip Amid Price Cuts and Dividend Hike
PepsiCo shares declined 0.8% to close at $165.94 on Friday, diverging from a positive market trend. The company plans to lower U.S. snack prices by up to 15% and raised its annual dividend to $5.92 per share.
P&G Executives Sell Shares Ahead of Key Data and Conference
Procter & Gamble stock underperformed the broader market Friday as regulatory filings disclosed share sales by two senior executives. The company prepares for a pivotal analyst presentation and a week of key economic data.
Costco Shares Approach $1,000 Ahead of Key March Earnings
Costco Wholesale shares gained 2% to close near $1,018, outperforming retail peers ahead of the Presidents Day market closure. The next major catalyst is the company's earnings and sales report scheduled for March 5.
Walmart Earnings Loom as Investors Gauge Consumer Health
Walmart shares approach $134 as the retail giant prepares to report quarterly earnings, offering a crucial snapshot of consumer demand ahead of key economic data.
PepsiCo Shares Dip Ahead of Key Investor Conference
PepsiCo shares fell 0.8% to $165.94 Friday as markets prepared for a holiday closure. Attention shifts to the company's Feb. 18 presentation at the Consumer Analyst Group of New York conference.
Kraft Heinz Stock Gains Despite Downgrades, Capex Hike
Kraft Heinz stock closed higher Friday, overcoming analyst downgrades and a negative credit outlook after the company paused its breakup strategy and increased its capital expenditure forecast for 2026.
Home Depot Eyes $391 as Packed Week Brings Fed Minutes, Inflation Data
Home Depot shares edged higher to $391.05 Friday. Markets face a compressed week with critical Fed minutes and economic data ahead of the retailer's quarterly report.
Reckitt Benckiser Shares Edge Lower Ahead of Special Dividend
Reckitt Benckiser stock declined modestly Friday, trading near its 52-week high as markets anticipate a special dividend payment and upcoming management commentary.
Philip Morris Hits 52-Week High Despite India IQOS Ban
Philip Morris shares climbed 1.4% to $188.95, setting a new 52-week high. The gain came despite India's health ministry refusing to relax its ban on heated tobacco, blocking the IQOS launch.
P&G Stock Gains as Investors Seek Safety Ahead of CPI Report
Procter & Gamble stock advanced as traders sought shelter in defensive sectors before Friday's CPI release. The company reaffirmed its fiscal 2026 outlook.
Mondelez Gains as Cocoa Futures Plunge to Multi-Year Lows
Mondelez International shares advanced 1.3% as cocoa prices hit a two-year low near $3,978 per ton. Investors await upcoming CPI data and the company's CAGNY presentation for further direction.
P&G Chairman Plans $27M Stock Sale as Markets Await Key Economic Data
Procter & Gamble shares gained 0.8% to $158.53 after Executive Chairman Jon Moeller filed to sell 173,268 shares worth $27.3 million. Investors are also focused on upcoming U.S. jobs and inflation reports.
Dow Holds Gains After Weak Retail Data; Coca-Cola Outlook Weighs, Key Reports Ahead
The Dow Jones Industrial Average opened slightly higher Tuesday despite disappointing December retail sales. Coca-Cola shares fell after issuing a conservative 2026 growth forecast. Investors await delayed jobs and inflation data later this week.
Coca-Cola Shares Dip Ahead of Earnings Despite Wells Fargo Target Increase
Coca-Cola stock declined 1.2% to $78.08 as consumer staples underperformed a broader market rebound. Wells Fargo raised its price target to $87 ahead of Tuesday's quarterly results.
P&G Shares Dip as Investors Await Key Economic Data
Procter & Gamble stock declined 1.2% on Monday, underperforming the broader market. Investors are focused on upcoming U.S. jobs and inflation reports for signals on consumer health.
PepsiCo Shares Retreat as Snack Price Cuts Spark Margin Concerns
PepsiCo stock declined 2.4% to $166.41 on Monday, reversing last week's rally. Investors are weighing the impact of recent snack price reductions on volume and profitability.
PepsiCo Gains 10% Amid Rotation to Staples, Eyes CPI and CAGNY
PepsiCo shares surged 10% this week, closing at $170.49, as investors rotated into defensive consumer staples. Key inflation data and the company's upcoming CAGNY presentation are in focus.
Coca-Cola Options Signal 3% Earnings Volatility as Shares Hold Near $79
Coca-Cola shares closed at $79.03 ahead of Tuesday's earnings report, with options markets pricing a 3% potential move. Analysts expect quarterly revenue around $12 billion and adjusted EPS of $0.57.
Costco Shares Surpass $1,000 Milestone as Investors Eye Upcoming Earnings
Costco stock closed above $1,000 after a 1.2% gain, with January sales rising 9.3%. The retailer's fiscal Q2 results and February sales figures are due March 5.
Walmart Shares Dip on Cautious Consumer Outlook Despite Strong Digital Growth
Walmart shares declined 1.5% in early trading Friday as the retailer's cautious outlook regarding budget-conscious consumers offset strong digital sales growth and a dividend increase.