Consumer Sector Report

Consumer shares are higher in mid-day trading while McDonald's (NYSE:MCD) turns positive after briefly dipping into red this morning. McDonald's said May global comparable sales rose 3.1%. U.S. comparable sales increased 2.4%, Eur

The automaker reported that its dealers in the United States sold 221,192 vehicles in May, a 9% increase in retail sales versus the same period in 2010, boosted by sales of GM's fuel-efficient passenger cars and crossovers. Total

Compared with last year, May fleet sales were 16% lower as rental volumes declined 21%.

Consumer shares are down in mid-day trading while General Motors (NYSE:GM) slumps after reporting mixed sales in May.

In consumer sector ETFs, the SPDR S&P Retail (XRT) is up 1.0%.

In mid-day news, shares of American Apparel are down after the Los Angeles-based clothing company said the shortfall in its cash may force it to seek bankruptcy protection, Bloomberg reported.

Two American Apparel board members from lender Lion Capital resigned to evaluate the investment, the report said, citing a regulatory filing.

American Apparel shares are down 15.9%, or $0.15, to $0.81.

Consumer shares are higher in mid-day trading,while American Apparel (APP) may have to file for bankruptcy protection.

Consumer shares are higher in mid-day trading while Barnes & Noble (BKS) shares are down after the company appeared likely to end its months-long search for a buyer without a sale of the company, Bloomberg reported citing five

Consumer shares are mixed while General Mills (GIS) is in exclusive talks with French private equity group PAI Partners and French dairy cooperative Sodiaal SA to buy a 50% stake in the entity which owns yogurt-maker Yoplait SAS a

Consumer shares are higher in mid-day trading, while Kimberly-Clark Corp. (KMB) is up near 1%, although selling has moved it off its early high of $63.96. This comes after announcing this morning that it is raising prices on a ran

Consumer shares are lower in pre-market trading, and Morton's Restaurant Group Inc. (MRT) says it may sell the company as part of an effort to enhance shareholder value. The Chicago-based company's two largest shareholders, affili

AnnTaylor Stores Corp. (ANN) is up more than 10% at last check, after posting 2010 Q4 EPS of $0.19, two cents ahead of the Street view. Sales were $515.3 mln, in line with analyst estimates on Thomson Reuters. For Q1, the company

Consumer shares, like those in other industries, are showing downward movement in pre-bell trade. Two clothing heavyweights, meanwhile, are moving in different directions.

Consumer shares are down in mid-day trading while Green Mountain Coffee Roasters (GMCR) jumps on a deal with Starbucks (SBUX). Starbucks says it will produce and sell its coffee and its Tazo brand tea via GMCR's K-Cup portion pack

Consumer shares are mostly higher in mid-day trading while Walgreen (WAG) says it will sell its pharmacy benefit management business, Walgreens Health Initiatives, to Catalyst Health Solutions, Inc. (CHSI) for $525 million in cash