Consumer Cos Up Amid Deal Intrigue -- Consumer Roundup

Consumer companies rose amid deal intrigue.

JetBlue Airways shares jumped 13% after a report that the discount airline was assessing the viability of a potential sale.

A drop in oil futures spurred hopes that fuel cost increases for airlines would not be as hefty as feared.

KKR has struck a deal to buy U.S. bakery chain Nothing Bundt Cakes from Roark Capital for over $2 billion, including debt.

Celsius Holdings is facing a new competitor in the fast-growing energy-drink category as Costco Wholesale, a key distributor for the brand, has started selling its own line of caffeinated drinks for less.

Write to Rob Curran at [e-mail]

(END) Dow Jones Newswires

03-25-26 1717ET