EmailThe 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) 0.6% and the SPDR S&P Retail ETF (XRT) 0.3%. Trading higher following earnings/guidance: HD +4.8%, DKS +3.8%, KORS +3.1%, FRGI +3%, BRFS +2%, TJX +1% ... Trading lower following earnings/guidance: SKS -3.7%, BAGL -0.9%
Other notable mentions: BEE flat(amended its existing shareholder rights plan to extend the expiration date for an additional 12 months), CBRL flat (Cracker Barrel and John Morrell Food Group, unit of Smithfield Foods announce multi-year licensing agreement ), PVH flat (PVH's Tommy Hilfiger Group and Inbrands S.A. announce joint venture to operate the Tommy Hilfiger Business in Brazil)... Leaders: UA 3.2% (exec entered into a pre-arranged stock trading plan), ORLY 1.7% (authorizes an additional $500 mln share repurchase), DMND 6.4% (Diamond Foods announces date of conference call to review restatement and financial results for the first three quarters of Fiscal 2012 -- Wednesday, Nov 14 at 5:00 ET), ZLC 1.5% (announced the addition of Genesis Financial Solutions to its U.S. alternative financing program)... Laggards: HWD -0.6% (announces agreement to purchase Ekati Diamond Mine), WTW -1.9% (announced the resignation of David Burwick, President of North America, effective December 31, 2012) Analyst related: DECK -1.8% (hearing cautious comments at Stern Agee)
