Top Consumer Shares:
Consumer shares were generally higher in pre-market trade
In consumer sector news, Apple Inc (
) is in talks with Comcast Corp (
) to allow its TV service's traffic to be separated from public
internet traffic over the "last mile" to allow for faster
transmission, the Wall Street Journal reported.
The discussions are in early stages and there are a lot of
hurdles to be crossed before a definitive agreement could be
reached, it said.
Apple shares are up 1.2% pre-market to trade recently at
$539.64, in a 52-week range of $385.10 - $575.14. Comcast was also
up 1.2% at $50.61.
And, Herbalife (
) shares are up 7% pre-market after the weight-loss and nutrition
products company said it has reached an agreement to appoint three
directors nominated by activist investor Carl Icahn to its
"This is a very positive agreement and we appreciate the Icahn
Parties' shared confidence in Herbalife's continued success," said
Michael O. Johnson, chairman and CEO.
The new directors are Hunter C. Gary, Jesse A. Lynn and James L.
Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.