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Consumer Sector Update for 06/19/2017: WMT, MCD, DIS, CVS, KO, TTM, FCAU, BKE


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Top Consumer Shares:

WMT: +0.5%

MCD: +0.3%

DIS: +0.6%

CVS: flat

KO: flat

Consumer shares were mainly firmer ahead of Monday's open.

In consumer stocks news, Tata Motors ( TTM ) was up 1.6% after it said Friday it commenced trials of its nine-meter long electric bus in Chandigarh, the capital city of the state of Punjab, India. With a capacity to seat 31 passengers, the Tata Ultra Electric bus will run for over 15-days, with the trial jointly carried out with Chandigarh Transport Undertaking ( CTU ) and the State Transport Department, with the Chandigarh administration having started the process of introducing electric buses in the city under its Smart City plan. The trials are part of the road ministry's agenda for the electrification of public transport, for which Tata Motors is getting ready with its range of electric vehicles from 9 meters and 12 meters with various seating configurations, as well as its last mile passenger transport vehicle, the Tata Magic Iris.

In other sector news,

(+) FCAU (+0.2%) Denies it is pulling its Chrysler brand from Japan in 2018

BKE (flat) Warns customers of compromised credit card data

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

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.



This article appears in: Business , Commodities
Referenced Symbols: TTM , CTU , WMT , MCD , DIS


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