Consumer Cos Up on Rate Views -- Consumer Roundup
Shares of retailers and other consumer-services companies rose amid optimism about the outlook for interest rates, a key underpinning for consumer spending. Ulta Beauty shares fell despite the beauty company raising its full-year guidance on comparable-store sales growth. General Motors took a tech-heavy approach to repairing battery failures in a portion of its new Chevrolet Bolt electric cars, using the Onstar tracking system to remotely identify the problem and notify only owners who are potentially affected.
-Rob Curran, firstname.lastname@example.org
(END) Dow Jones Newswires
August 25, 2017 16:37 ET (20:37 GMT)