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Last Update: 26-Oct-12 10:06 ET
S&P Consumer Discretionary 0.3%, outperforming the broader market
The consumer discretionary group is outperforming the broader market in early trade. The retail group is also in the green with the Retail HOLDRS Trust (RTH) 0.1% and the SPDR S&P Retail ETF (XRT) 0.2%. Trading higher following earnings/guidance: DV +23.2%, EXPE +15.1%, CLUB +5.5%, COLM +5.3%, BYI +5%, AMZN +4.8%, NWL +4%, LEA +3.7%, RGC +1.4%... Trading lower following earnings/guidance: DECK -17.3%, BJRI -13.3%, GT -6.7%, AXL -6%, IPG -3.6%, CSTR -0.7%. Other notable mentions: Leaders: SGMS 1.4% (signs Massachusetts state lottery instant ticket contract), OEH 0.7% (Indian Hotels files amended 13D seeking to further explain motives in seeking to acquire co, and to dispel an misunderstandings)... Laggards: SBUX -1.4% (following reports that MCD will sell coffee grounds in Canada), WMT -0.8% (Wal-Mart plans on opening 100 more stores in China by 2015, according to reports), WTSLA -0.7% (Cosa -- Nova Fashions Limited discloses 5.3% stake in 13G filing)
Analyst related: Upgrades: TGT 0.7% (upgraded to Buy from Neutral at Buckingham), PG flat (upgraded before the open to Outperform at Credit Agricole), PHM 0.5% (upgraded to Outperform at RBC Capital Mkts), APEI 7.5% ( upgraded to Buy from Hold at Stifel)... Downgrades: RCL -0.9% (downgraded to Hold from Buy at Topeka Capital), HOT -2% (downgraded to Neutral at Lazard), EA -1.6% (downgraded to Sector Perform at Pacific Crest), MHO -4% (downgraded to Mkt Perform at JMP Securities)... Misc: DKS -0.3% (Dick's Sporting initiated with a Market Perform at BMO Capital), CBRL flat (initiated with a Buy at CL King)
Analyst related: Upgrades: TGT 0.7% (upgraded to Buy from Neutral at Buckingham), PG flat (upgraded before the open to Outperform at Credit Agricole), PHM 0.5% (upgraded to Outperform at RBC Capital Mkts), APEI 7.5% ( upgraded to Buy from Hold at Stifel)... Downgrades: RCL -0.9% (downgraded to Hold from Buy at Topeka Capital), HOT -2% (downgraded to Neutral at Lazard), EA -1.6% (downgraded to Sector Perform at Pacific Crest), MHO -4% (downgraded to Mkt Perform at JMP Securities)... Misc: DKS -0.3% (Dick's Sporting initiated with a Market Perform at BMO Capital), CBRL flat (initiated with a Buy at CL King)
