The consumer discretionary group is underperforming the broader market in early trade. The retail group is mixed with the Retail HOLDRS Trust (RTH) flat and the SPDR S&P Retail ETF (XRT) -0.1%.
Trading higher following Nov sales: MCD +1%...
Other notable mentions: IILG flat ( accelerates first quarter 2013 dividend payment date to Dec 27, 2012), WPO flat ( accelerates payment of 2013 dividends, will pay one $9.80 cash dividend), Leaders: HWD 0.4% (Reuters reports Harry Winston (HWD) is not interested in selling watch and jewelry units), DWA 0.2% (announced that Michael Francis has been named to the newly created position of Chief Global Brand Officer )... Laggards: EXPE -1% (announces special dividend of $0.52 per share), GT -2% (Goodyear Tire to transfer stock listing to NASDAQ)
Analyst related: Downgrades: PCLN -3.8% ( downgraded to Hold from Buy at Deutsche Bank), MHP -1.6% ( downgraded to Neutral at Lazard)... Misc: WYN 1.1% (Hearing added to Conviction buy list at Goldman ), DECK -3.5% (weakness attributed to analyst suggesting increased Ugg markdowns)






