Markets

Consumer Sector Update for 01/25/2017: TRCO

Top Consumer Shares:

WMT: +0.2%

MCD: +0.1%

DIS: +0.6%

CVS: flat

KO: flat

GE: +1.0%

Consumer shares were mainly higher ahead of the opening bell Wednesday

In consumer stocks news, Tribune Media Company ( TRCO ) said Wednesday that its CEO Peter Liguori has decided to step down after the company's Q4 and FY2016 earnings release, expected in the first week of March. The company said it will conduct a search for a new CEO together with Korn Ferry.

Shares in the company unchanged at $28.98 pre-bell. The stock has traded between $26.10 and $40.72 over the past 52 weeks.

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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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