Consumer companies fell, but not by as much as the broad market, as a moderation in fuel prices offset a flight from risky sectors.

Heineken named Rafael Oliveira as its next chief executive officer, ending a period of uncertainty at the top of the world's second-largest brewer.

Avis Budget said it would collect $650 million from one of its major shareholders, Pentwater Capital Management, to resolve an unusual spat in which it accused the hedge fund of fueling volatility in its stock.

Nike shares ticked up in late trading after the sneaker maker appointed Pfizer executive David Denton as its next chief financial officer.

Write to Rob Curran at rob.curran@dowjones.com