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HBI

Consumer Sector Update for 12/15/2016: HBI

Top Consumer Shares:

WMT: -0.2%

MCD: +0.1%

DIS: -0.1%

CVS: -1.5%

KO: -0.2%

GE: flat

Consumer shares were mainly lower ahead of the opening bell on Thursday.

In consumer stocks news, Hanesbrands ( HBI ), an apparel manufacturer, said Thursday that it has entered into definitive agreements to sell its Australian Dunlop Flooring and Tontine pillow businesses for an aggregate selling price of AUD48 million ($35.5 million).

Shares in the company were 3.7% higher at $23.30 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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