Top Consumer Stocks
Consumer stocks were lower in Monday trade with shares of consumer staples companies in the S&P 500 slipping 0.5% while shares of consumer discretionary firms in the S&P 500 also were off about 0.5%.
In company news, Under Armour ( UA ) rose to an all-time high Monday after the sportswear manufacturer got a big advertising boost this weekend during the Masters golf tournament from wire-to-wire winner Jordan Spieth wearing Under Armour clothing.
UA shares were up almost 2% at $85.11 apiece, easing from an earlier record high of $85.94 a share. Entering today's session, the stock already had risen almost 60% over the past 12 months prior to today's gain.
In other sector news,
(+) BLDR, Acquire ProBuild for $1.63 billion in cash, adding around $4.5 bln in yearly revenue based on 2014 levels. Deal expected to close before the end of 2015.
(-) LVS, Majority-owned subsidiary Sands China Ltd. strikes deal with lenders for its existing credit facility providing an additional $1 bln term loan.
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