Consumer Sector Update for 06/14/2019: COE, MED, CBS, VIAB, VIA, WMT, MCD, DIS, CVS, KO

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Top Consumer Stocks:

WMT: -0.32%

MCD: Flat

DIS: +0.18%

CVS: -0.20%

KO: -0.21%

Top consumer stocks were mostly lower pre-market Friday.

In other sector news:

(=) China Online Education Group ( COE ) was flat after reporting a Q1 adjusted loss of RMB2.85 ($0.45) per American depositary share, compared with the year ago net loss of RMB5.25 per ADS.

(=) Medifast ( MED ) was unchanged as the company said its board approved a quarterly cash dividend of $0.75 per share, unchanged from the previous dividend.

(=) CBS ( CBS ) and Viacom (VIAB, VIA) are set to begin merger talks on Friday after a CBS Board meeting, CNBC said. CBS was flat after the news.

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This article appears in: Business , Commodities
Referenced Symbols: COE , MED , CBS , VIAB , VIA

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