EmailThe consumer discretionary group is in-line with the broader market in early trade. The retail group is mixed with the Retail HOLDRS Trust (RTH) -0.6% and the SPDR S&P Retail ETF (XRT) 0.7%.
Trading higher following earnings/guidance: NWY +11.3%, DRI +0.4%. Other notable mentions: WTSLA flat (denies discrimination allegations)... Leaders: SGMS 0.6% (signs instant ticket contract with New Hampshire Lottery)... Laggards: BPI -11.3% (Bridgepoint Education's Ashford University receives notification from HLC), XRX -1.5% (lower following peer LXK guidance), CBK -0.7% (announces new five-year $50 mln secured credit facility). Analyst related: Downgrades: DF -2.6% (downgraded to Neutral from Buy at Goldman), SKS -2% (downgraded to Underperform from Neutral at BofA/Merrill ), RYL 0.7% (downgraded to Neutral from Outperform at Credit Suisse)... Misc: EAT 0.7%, CBRL 0.6%, JACK 1.1%, PNRA 1.1%, PZZA 1.8%, TXRH 0.9% (initiated Buy at Keybanc), BJRI 0.3%, RRGB -0.9%, WEN flat, BOBE flat, BBRG 0.3%, DRI flat, BWLD 1.1% (initiated Hold at Keybanc), PVH 2.1% (initiated with a Buy at Lazard Capital), MPEL 1.8% (initiated with a Buy Janney Montgomery Scott), GMCR -5.6% (Reducing estimates for decelerating pricing & increasing promotion on K-Cups - Stifel Nicolaus), SFD -0.3% (removed from U.S. Focus List at Credit Suisse).
