Consumer stocks are mixed today with shares of consumer staples
companies in the S&P 500 trading 0.2% lower. Shares of consumer
discretionary firms in the S&P 500 are up nearly 0.4%.
In company news, American Airlines (
) is experiencing little turbulence in late trade, with shares
climbing 2.6% higher and the air carrier announcing plans for a
$256-million private placement of American Airlines Inc
The series 2013-2C certificates generally will be junior to the
previous series of pass-through certificates issued in July as well
as the company's series 2013-2B certificates issued Nov. 27.
The certificates will represent an interest in the assets of a
pass-through trust holding certain equipment notes expected to be
issued by the airline and will be secured by 65 of its Boeing (
In other sector news,
(+) ZQK, Shares rise despite surprise $0.04 per share Q4 net
loss, excluding one-time and special items, reversing the $0.04
profit Wall Street expected. Revenue declines 10.1% year over year
to $476 mln, trailing Capital IQ consensus by $30.68 mln.
(-) RH, luxury home-furnishings retailer says co-chief executive
Carlos Albernini is leaving to run Lucky Brands, effective Jan. 31,
2014, pending its acquisition by Leonard Green & Partners
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