Trading higher following earnings/guidance: RH +12.9%, CMG +6%, KMB +3.3%, UA +3.1%... Trading lower following earnings/guidance: MCD -2.1% Other notable mentions: Leaders: RSH 0.7% (names Jennifer Warren as SVP and Chief Marketing Officer), MDLZ 2.3% (Trian's Nelson Peltz takes $2.5 bln stake in PEP and MDLZ; rumors that he wants PEP to spin off Frito Lay and merge it with MDLZ - CNBC)... Laggards: JCP -1.4% (has hired Goldman and JP Morgan to raise $1 bln in exchange for land assets, according to reports) Analyst related: Upgrades: OSTK 14% (upgraded to Buy from Neutral at BofA/Merrill), NFLX 1.2% (upgraded to Accumulate from Market Perform at National Alliance)... Downgrades: COH -1% (downgraded to Neutral from Outperform at Robert W. Baird), WWW -2% (downgraded to Neutral from Outperform at Credit Suisse)... Misc: SIX 3.3% (initiated with a Outperform at Credit Suisse)






