Markets
UA

Consumer Sector Update for 04/13/2015: UA,BLDR,LVS

Top Consumer Stocks

WMT -0.46%

MCD -0.25%

DIS -0.37%

CVS -0.47%

KO -0.39%

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.

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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