Consumer Sector Update for 09/21/2016: BGS, TGT

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Top Consumer Shares:

WMT: flat

MCD: flat

DIS: +0.4%

CVS: flat

KO: +0.2%

GE: +0.5%

Consumer shares were mixed ahead of the opening bell on Wednesday.

In consumer stocks news, B&G Foods ( BGS ), a holding company, agreed to acquire the spices and seasonings business of ACH Food Companies, a supplier of spices and seasonings, for $365 million in cash.

Shares in the company were unchanged at $47.06 pre-bell. The stock has traded between $31.81 and $52.84 over the past 52 weeks.

And Target ( TGT ) said on Wednesday that its board has authorized another $5 billion to repurchase shares.

Shares in the company were 1.3% higher at $69.50 pre-bell. The stock has traded between $65.50 and $84.14 over the past 52 weeks.

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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This article appears in: Business , Commodities
Referenced Symbols: BGS , TGT


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