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A Glum View On A High-Flying Sector

2016-01-05 14:42:21| Footwear - Topix.net

The consumer discretionary sector, the fourth-largest sector weight in the S&P 500, was the best-performing group in the benchmark U.S. index last year as the Consumer Discretionary Select Sector SPDR was the top performer among the nine sector SPDR exchange trade funds with a nearly 10 percent gain. In fact, XLY was last year's best diversified consumer discretionary ETF as its fortunes were boosted by the likes of Amazon.com, Inc. , Home Depot Inc and McDonald's Corporation .

Tags: view sector glum highflying

Buoyant spirits giants leave Diageo glum

2015-04-24 12:23:31| Beverages - Topix.net

The mood music around the world's major spirits companies is beginning to sound more cheerful, with Pernod Ricard, RA©my Cointreau and LVMH all making cautious but mildly encouraging statements to accompany their results for the first three months of 2015. Diageo, by contrast, was less positive.

Tags: leave spirits giants buoyant

Stock markets lower amid further dose of glum German economic data

2014-10-09 20:22:12| Beverages - Topix.net

Falling energy and mining stocks helped push the Toronto stock market sharply lower Thursday as another dose of negative news from Germany raised concerns that Europe's biggest economy could slip into recession. The S&P/TSX composite index fell 114.53 points to 14,551.94 after rising 90 points Wednesday in the wake of reassurance from the U.S. Federal Reserve that it is in no rush to raise interest rates.

Tags: data stock lower german

TSX to open little changed amid strong earnings reports, glum economic forecast

2014-05-06 19:41:23| Grocery - Topix.net

The Toronto stock market was set to start the session Tuesday little changed amid a forecast that sees slower global economic growth and a heavy slate of earnings from the telecom, consumer and industrial sectors.

Tags: open reports strong changed