FINWIRES · TerminalLIVE
FINWIRES

$MTN

7 stories mentioning MTNUpdated 38d ago

Every FINWIRES story that references MTN, newest first.

Sectors

Sector Update: Consumer Stocks Lean Lower Premarket Monday

Consumer stocks were leaning lower premarket Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.8% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) declining by 0.7%.Instacart (CART) has launched a short-form vertical video feature that allows users to browse and shop meal and recipe content within retailer storefronts on its platform, the company said. Shares of Maplebear or Instacart were down more than 1% pre-bell.America's Car-Mart (CRMT) shares were up more than 51% after the company said it has reached an amended agreement with its creditors to avoid a default on its debt.Vail Resorts (MTN) may face a proxy battle from activist investor Oasis Capital Management, which is considering pushing for board changes and asset sales, Semafor reported, citing people familiar with the matter. Vail Resorts stock was 0.1% higher premarket.

$CART$CRMT$MTN$XLP$XLY
Sectors

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.2%.In corporate news, Vail Resorts (MTN) is working with takeover-defense bankers to help the company assess potential risks from labor, a prominent billionaire, and other external pressures, Semafor reported. Vail shares jumped 11%.Ford Motor (F) will begin 2026 negotiations on Monday with Unifor, Canada's largest private-sector union representing thousands of autoworkers in national contract talks. Ford shares increased 0.3%.Kroger (KR) reiterated its full-year outlook on Thursday as the supermarket chain's fiscal Q1 sales topped market estimates, although earnings fell short of expectations. Its shares fell 8.6%.Diageo (DEO) Chief Executive Dave Lewis has ordered senior executives to implement broad cost-cutting measures as part of a major restructuring effort, the Financial Times reported. Diageo shares rose 2%.

$DEO$F$KR$MTN
Sectors

Sector Update: Consumer

Consumer stocks were mixed late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.2%.In corporate news, Vail Resorts (MTN) is working with takeover-defense bankers to help the company assess potential risks from labor, a prominent billionaire, and other external pressures, Semafor reported. Vail shares jumped 10%.

$MTN
Wire

Market Chatter: Vail Resorts Consults Takeover-Defense Bankers Amid External Pressures

Vail Resorts (MTN) is working with takeover-defense bankers to help the company assess potential risks from labor, a prominent billionaire, and other external pressures, Semafor said Thursday, citing people familiar with the matter.No activist investor has made a move on Vail, though the company appears to be preparing for that possibility after bringing back Rob Katz as CEO in May 2025 and removing his hand-picked successor, the report said.Cloudflare (NET) billionaire Matthew Prince has urged Vail to sell him Park City Mountain Resort since last spring, and he reportedly said he received calls from activist investors about Vail, Semafor said.Vail did not immediately respond to a request for comment from,(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $143.67, Change: $+13.74, Percent Change: +10.57%

$MTN$NET
Wire

Vail Resorts Seen Facing Pressure From Weak Pass Sales Ahead of Q3 Results, UBS Says

Vail Resorts (MTN) is set to report fiscal Q3 results, with investors focused on Epic Pass sales trends and whether management can support expectations for earnings growth next year, UBS said in a note emailed Monday.The company is scheduled to report its quarterly results after the market closes today.The brokerage said "investor expectations have moved lower for Q3 [earnings before interest, taxes, depreciation, and amortization] and sentiment remains negative as investors fear downward revision to '27E consensus expectations."The company reported pass sales for the 2026-27 season that showed a moderate decline in units through the April sales deadline, according to the note."We think Vail needs to show this trend is not getting worse, and even with steady state trends, the looming question is how Vail grows EBITDA next year given 75% of its business is declining in the low single digit % range," UBS said.The brokerage maintained its neutral rating and $139 price target.Price: $138.70, Change: $+3.33, Percent Change: +2.46%

$MTN
Sectors

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Thursday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.8% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.1%.In corporate news, Comcast (CMCSA) reported higher-than-expected Q1 results as the company benefited from the Milan Cortina Winter Olympics and Super Bowl LX. The shares rose 7.9%.Tesla (TSLA) shares fell 3.7% after the company issued higher-than-expected 2026 capital-expenditure guidance.Warner Bros. Discovery (WBD) shareholders approved the buyout by Paramount Skydance (PSKY). Warner shares fell 1.4%, and Paramount fell 5.2%.Vail Resorts (MTN) reported that skier visits from the start of the season through April 19 fell 15% from the same period a year earlier. The shares dropped 5.5%.

$CMCSA$MTN$PSKY$TSLA$WBD
Sectors

Sector Update: Consumer Stocks Mixed Thursday Afternoon

Consumer stocks were mixed Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.6%.In corporate news, Tesla (TSLA) shares fell 3.7% after it issued higher-than-expected 2026 capital expenditure guidance. TechCrunch reported the company is planning to spend $25 billion this year, compared with $8.5 billion in 2025.Warner Bros. Discovery (WBD) said Thursday its shareholders voted to approve the adoption of the merger agreement with Paramount Skydance (PSKY). Warner shares were down 0.8%, and Paramount fell 5.8%.Vail Resorts (MTN) reported Thursday that skier visits from the start of the ski season through April 19 were down 14.9%, compared with the same period a year ago. Shares fell 5.8%.

$MTN$PSKY$TSLA$WBD

Track with the FINWIRES app suite