Consumer Cos Up on Hopes That Oil Has Peaked -- Consumer Roundup

Consumer companies rose amid hopes that oil prices had peaked.

American Airlines boosted bag fees, following similar moves from Delta Air Lines, JetBlue and United.

Consumer-staples companies will likely feel the knock-on effects of higher fuel prices and more work-from-home orders in Europe and Asia, warned analysts at brokerage RBC Capital Markets.

Sazerac recently approached Jack Daniel's maker Brown-Forman about a potential deal, the latest European distiller to circle the whiskey maker following talks with Pernod Ricard.

7-11 owner Seven & I Holdings projected a drop in annual net profit and said it would delay the planned listing of its North American convenience-store business.

Uniqlo owner Fast Retailing raised its annual earnings forecasts after stronger first-half profit of its fast-fashion clothes.

In a good sign for the housing market, mortgage rates slipped, tracking Treasury yields in the wake of the U.S.-Iran cease-fire.

Write to Rob Curran at [e-mail]

(END) Dow Jones Newswires

04-09-26 1809ET