EmailStory Stocks®
Archive
Last Update: 06-Mar-13 09:45 ET
S&P Consumer Discretionary Index +0.1%, modestly underperforming the broader market
The consumer discretionary group is slightly underperforming the broader market in early trade. The retail group is mixed with the Retail HOLDRS Trust (RTH) 0.1% and the SPDR S&P Retail ETF (XRT) -0.1%. Trading higher following earnings/guidance: BIG +4.9%, SWY +0.5%... Trading lower following earnings/guidance: AEO -11.2%, TFM -10.6%, MFB -9.7%, ZIPR -7.8%, SPLS -3.3% Other notable mentions: Leaders: SBH 2.3% (announces $700 mln share repurchase program), NWSA 0.6% (set to introduce tablet for classroom education, according to reports), WYNN 0.4% (discloses extension of employment agreement with COO), APP 2.9% (announces proposed private debt offering), DV 0.6% (received Reaffirmation of Accreditation by the Institutional Actions Council of the North Central Association of Colleges and Schools), BWLD 0.7% (Citadel Advisors discloses 5.1% passive stake in 13G filing)... Laggards: CZR -0.8% (offered to sell World Series of Poker assets to Pokerstars, who declined the offer, according to reports), MW -0.4% (Names Jon W. Kimmins as Chief Financial Officer), JCP -2% (Vornado Realty disclosed 6.1% stake in amended 13D filing out last night; confirms selling 10 mln share block trade at $16.03 on 3/4 to DB). Analyst related: Upgrades: DF 2.5% (upgraded to Outperform from Neutral at Credit Suisse ), BBY 3.5% (upgraded to Buy from Hold at Jefferies)... Misc: CHS 0.4% ( initiated with a Buy at Maxim), YUM 0.9% (Hearing positive OTR Global mention)
