Consumer Companies Higher on Deal Speculation -- Consumer Roundup

FeaturesDow Jones Newswires

Shares of retailers and other consumer-services companies rose amid deal speculation.

Mattel shares surged after The Wall Street Journal reported that rival toymaker Hasbro had made a takeover offer. Both companies have scrambled in recent years to keep up with a shift in childhood play toward screen-based activities.

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Anheuser-Busch InBev is shuffling the leadership of its North American business, putting a company veteran from Brazil in charge of the largest U.S. brewer.

Rob Curran,

(END) Dow Jones Newswires

November 13, 2017 17:13 ET (22:13 GMT)