Top Consumer Shares:
Consumer shares are higher in pre-bell trading while Walgreen (
) is reporting sales increased year-over-year.
Walgreen reports Q4 EPS of $0.73, up nearly 16% from $0.63 per
share posted in the year ago quarter. Sales were $17.4 bln, up 5.1%
from prior year levels.
And, Wal-Mart Stores, Inc. (
) announced two new centers dedicated to filling online orders,
including one in Texas and one in Pennsylvania.
The new center based in Fort Worth, Texas, is 800,000 sq. ft.
and will have 275 full-time positions. It began shipping orders
last week. The Bethlehem, Pa. operation will be more than one
million sq. ft. and will ultimately employ more than 350 full-time
associates. It is scheduled to open in Q1 of next year.
WMT last traded at $73.96, within a 52-week range of $67.37 -
Finally, Republic Airways Holdings (
) said it has agreed to sell its Frontier Airlines unit to an
affiliate of Indigo Partners in an all-cash transaction worth $145
Under a separate agreement, Republic will assign to Frontier all
of its rights under agreements relating to its Airbus A320neo order
in exchange for reimbursement of pre-delivery deposits, which total
Republic is unchanged pre-market, but near the top of its
52-week range of $4.41 - $13.92.