The consumer discretionary group is outperforming the broader market in early trade. The retail group is mixed with the Retail HOLDRS Trust (RTH) 0.3% and the SPDR S&P Retail ETF (XRT) -0.2%. Trading higher following earnings/guidance: GMCR +24%, EXPR +12.7%, MOV +7.4%, AEO +7.3%, COST +4.9%, ANN +3.2%, PVH +2.1%, DL +1.9%... Trading lower following earnings/guidance: TFM -16.5%, JOSB -10.4%... Near unchanged mark following earnings/guidance: POST
Other notable mentions: GRPN flat (Groupon board members have been discussing leadership changes including bringing in a more experienced CEO, according to sources), TM -1.4% (Toyota Motor sees a boost in auto sales in November following Hurricane Sandy, according to reports) Analyst related: Downgrades: FRED -2.2% (downgraded to Neutral at Sun Trust Rbsn Humphrey), SHW -1.5% ( downgraded to Neutral at Nomura)... Misc: TIVO 1% (mentioned positively at Jefferies ahead of earnings today after the close; tgt raised to $15 from $14), DECK 0.6% (mentioned positively ahead of earnings at Jefferies)






