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Consumer Sector Update for 05/09/2016: DIS, KKD

Top Consumer Shares:

WMT: flat

MCD: -0.2%

DIS: +0.6%

CVS: flat

KO: flat

GE: +0.2%

Consumer shares were mixed ahead of the opening bell Monday.

In consumer stocks news, Disney ( DIS ) got a boost this weekend as Captain America: Civil War film took first place at the box office, though its take fell short of expectations.

Shares were 0.6% higher at $106.20 pre-bell.

Krispy Kreme Doughnuts ( KKD ) has agreed to be acquired by JAB Beech Inc. for $21 per share in cash, or a total value of approximately $1.35 billion.

Shares were 23.7% higher at $20.87 pre-bell.

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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