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Consumer Sector Update for 09/30/2015: UAL, DRI, GPS

Top Consumer Shares:

WMT: +1.0%

MCD: +0.6%

DIS: +1.5%

CVS: flat

KO: +0.8%

GE: flat

Consumer shares were mainly higher ahead of the opening bell Wednesday.

In consumer stocks news, shares of United Continental ( UAL ) were higher pre-market Wednesday after the airline holding company said it expects average capital expenditures of $2.7 billion to $2.9 billion through 2018.

Shares in the company were 0.9% higher at $52.98 pre-bell.Over the past 52 weeks, the company has traded between $39.46 and $74.52.

Darden Restaurants ( DRI ) shares were initiated by Maxim with a hold rating and a price target set at $80.

Shares in the company were unchanged at $67.89 pre-bell. Over the past 52 weeks, the company has traded between $46.70 and $75.60.

And, Gap ( GPS ) announced Tuesday that the CEO of its Old Navy unit is moving to Ralph Lauren ( RL ). Stefan Larssen will replace current CEO Ralph Lauren, who will continue with the company as Executive Chairman and Chief Creative Officer.

Shares in the company were unchanged pre-bell at $28.01. Over the past 52 weeks, the company has traded between $29.63 and $43.90.

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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