EmailThe consumer discretionary group is slightly outperforming the broader market in early trade. The retail group is also in the green following SSS/guidance with the Retail HOLDRS Trust (RTH) 0.5% and the SPDR S&P Retail ETF (XRT) 0.4%.
Trading higher following earnings/guidance/SSS: ROST +4.5%, KSS +4%, LTD +3.9%, JWN +3%, TJX +2.6%, M +1.5%, SKS +1.2%, GPS +0.6%, TGT +0.3%, ... Trading lower following earnings/guidance/SSS: CATO -6.6%, BKE -6.1%, RAD -2.8%, FRED -2.7%, APP -1.4%, SSI -0.7%, BSET -0.4%, COST -0.3%, Near unchanged mark following earnings/guidance: WTSLA, AN, VISN, Other notable mentions: CBK 2.2% (confirms receipt of Aria Partners proposal indicating its interest in acquiring all outstanding stock of the co for $1.75 per share), NFLX 3.7% (NFLX CEO Hastings says streaming service had highest month of content consumption according to BGR report out late Tuesday night), Leaders: VLKAY 5.5% (has agreed to purchase rest of Porsche stake for $5.6 bln, according to reports), BODY 0.8% (Body Central Chairman retires; elects fellow Board member John Haley as Chairman), Laggards: MPEL -1.9% (announces discloseable transaction relating to Memorandum of Agreement for development and operation of a casino, hotel, retail and entertainment complex in the Philippines ), Analyst related: Downgrades: SFD -2.3% (downgraded to Neutral from Buy at Miller Tabak), ... Misc: VIAB -0.5% (Needam slightly lowering ests ahead of earnings),
