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DIS

Consumer Sector Update for 10/05/2015: DIS,JOB,ASNA

Top Consumer Stocks

WMT +1.31%

MCD +1.49%

DIS +0.84%

CVS +3.07%

KO +1.46%

Consumer stocks recorded solid gains during Monday afternoon trading, with shares of consumer staples companies in the S&P 500 advancing 1.7% while shares of consumer discretionary firms in the S&P 500 climbed over 1.5%.

In company news, Walt Disney Co. ( DIS ) was hanging on to a small gain in late Monday trading as the entertainment and media company reportedly is considering using tiered pricing model for its parks based on the time of the year.

"We have to look at ways to spread out our attendance throughout the year so we can accommodate demand and avoid bursting at the seams," according to Bob Chapek, the chairman of Disney's Parks and Resorts unit, in an interview with the Wall Street Journal.

DIS shares were up nearly 1% at $103.84 each, easing from an earlier rise to $103.9 a share.

In other sector news,

(+) JOB, Acquires information-technology provider Access Data Consulting for undisclosed amount. The company generated around $21 mln in FY14 revenue and EBITDA of $2.5 mln and should boost JOB per-share earnings after closing.

(-) ASNA, Goldman Sachs resumes analyst coverage with a Sell rating.

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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