Consumer Stocks Climbing into the Black; dELiA*s Jumps 13% After Cooperman Discloses 6.9% Passive Stake

By
A A A

Top Consumer Stocks

WMT +0.31%

MCD +0.14%

DIS +0.15%

CVS +2.14%

KO +0.13%

Consumer stocks are finishing with small gains this afternoon with shares of consumer staples companies in the S&P 500 adding about 0.4%. Shares of consumer discretionary firms in the S&P 500 are ahead about 0.1%.

In company news, dELiA*s Inc. ( DLIA ) is up nearly 13% in late afternoon trade at $1.50 a share, climbing as high as $1.68 today after Leon Cooperman disclosed a 6.9% passive ownership stake in the retailer and direct marketer of young women's swimwear.

The founder of Omega Advisors now owns 4.76 million DLIA shares, according to a new regulatory filing this afternoon.

The Form 13G filing did not detail when Cooperman purchased the shares or at what price.

In other sector news,

(+) VSI, Earns $0.53 per share during Q3, beating analyst estimates by $0.01. Total revenue rose 14% year over year to $275.5 million, also beating Wall Street expectations by $1.63 million.

(-) DXM, Sinks to record low after Q3 net loss widens to $7.66 per share from last year's $1.25 per share loss. Operating revenue rose 24% year over year to $397 million. Analyst estimates were not available for comparison.



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

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: DLIA

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Pop Quiz: Insurance
Pop Quiz: Insurance                 

Stocks

Referenced

100%

Most Active by Volume

41,652,900
  • $102.51 ▲ 0.37%
37,805,564
  • $16.065 ▼ 0.83%
26,405,242
  • $12.9873 ▼ 5.06%
23,562,462
  • $49.495 ▲ 2.99%
20,841,706
  • $3.61 ▲ 0.56%
14,990,970
  • $19.02 ▼ 0.99%
13,185,165
  • $74.06 ▼ 0.76%
12,681,282
  • $10.9408 ▼ 2.31%
As of 8/28/2014, 12:41 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com