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Consumer Sector Update for 02/08/2016: CL, HAS

Top Consumer Shares:

WMT: -0.6%

MCD: flat

DIS: -1.0%

CVS: flat

KO: -1.1%

GE: -1.4%

Consumer shares were mainly lower ahead of the opening bell on Monday.

In consumer stocks news, consumer products company Colgate-Palmolive Company ( CL ) has acquired an undisclosed equity stake in Quebec-based Klox Technologies Inc., and has agreed to globally commercialize and develop KLOX's human Oral Health technology platform.

Shares in the company were unchanged at $66.19 pre-bell. The company has traded between $50.84 and $71.56 over the past 52 weeks.

Hasbro ( HAS ) capitalized on the popularity of new films last year including Star Wars: The Force Awakens and Jurassic World as revenues in its boys category of toys jumped 35% in the fourth quarter.

Revenue in the segment increased to $569.8 million, up from $421.9 million during the same quarter a year earlier, the company said on Monday.

Shares in the company were unchanged at $74.10 pre-bell. The company has traded between $57.20 and $84.42 over the past 52 weeks.

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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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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