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Consumer Sector Update for 09/17/2018: SAFM, KO, MDP, SHOO


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Top Consumer Shares:

WMT: -0.1%

MCD: flat

DIS: -0.2%

CVS: -0.1%

KO: +0.2%

PG: flat

Consumer shares were mixed ahead of the opening bell on Monday.

Expected movers:

- Sanderson Farms ( SAFM ) said "no significant" damage to its North Carolina facilities following the landfall of Hurricane Florence

- Coca-Cola ( KO ) in talks with Canadian-based Aurora Cannabis to produce cannabis-infused drinks

- Meredith ( MDP ) signed a definitive agreement to sell the Time Media brand to Marc Benioff

Other news:

- Steven Madden ( SHOO ) board approved a three-for-two stock split in the form of a dividend

News from overseas:

- Rallye (RAL.PA) signed a credit facility for 500 million euros ($582.8 million

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

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This article appears in: Business , Commodities
Referenced Symbols: SAFM , KO , MDP , SHOO



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