Markets

Consumer Sector Update for 06/20/2016: EROS

Top Consumer Shares:

WMT: +0.7%

MCD: +1.0%

DIS: +1.1%

CVS: -0.1%

KO: +0.8%

GE: +1.3%

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

In consumer stocks news, Eros International ( EROS ) said pre-market Monday it has formed a strategic partnership with Puja Entertainment & Films and signed a term sheet to acquire a 50% stake in the India-based film company.

Shares in the company were unchanged after main markets had opened at $12.82. The company has traded between $5.59 and $39.01 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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