EmailThe consumer discretionary group is outperforming the broader market in early trade. The retail group is mixed with the Retail HOLDRS Trust (RTH) +0.2% and the SPDR S&P Retail ETF (XRT) -0.1%.
Trading higher following earnings/guidance: PZZA +8.7%, CETV +6.4%, DENN +3.2%, F +2.3%, FVE +1.4%, FRED +1.1%, COST +0.6%, BKW +0.5%... Trading lower following earnings/guidance: CECO -18.1%, TRLG -12.7%, ASCA -8.1%, MTOR -7.9%, HOG -7.1%, HOG -7.1%, DWA -5%, HSNI -2.3%, DTG -1.7%, NATH -1.2%... Near unchanged mark following earnings/guidance: KCP. Other notable mentions: Leaders: BPI 9.2% (discloses update related to letter from the Higher Learning Commission), LVS 0.6% and WYNN 0.9% (following Macau data)... Laggards: AERL -3.9% (to shift remuneration model from fixed commission to revenue sharing), BNNY -0.6% (priced an offering of ~3.17 mln shares of common stock to be sold exclusively by participating selling stockholders at a price to the public of $39.25/share), DNKN -1.2% (Donuts announces 24 new restaurants in Birmingham, Alabama). Analyst related: Upgrades: WMT 0.3% (upgraded to Hold from Sell at Deutsche Bank, also hearing downgraded at boutique firm)... Misc: JCP -4% (Hearing cautious comments at Cleveland Research).
