The consumer discretionary group is underperforming the broader market in early trade. The retail group is mixed with the Retail HOLDRS Trust (RTH) 0.5% and the SPDR S&P Retail ETF (XRT) -0.2%. Trading lower following earnings/guidance: CIDM -1.6%. Other notable mentions: VIA flat (discloses it has issued and sold $100 mln of 1.25% senior notes due 2015 and $300 mln of 3.125% senior notes due 2022), AMZN flat (DigiTimes reports that AMZN may lower Kindle Fire price to $149 to welcome new models), EKDKQ flat (Eastman Kodak and Australia's Officeworks extend agreement ), Leaders: DIS 0.4% (Comcast and Disney (DIS)/ABC Television Group announced that Xfinity TV customers can now access three new authenticated TV+ products), HAR 0.5% (provides update on share buyback program)... Laggards: DMND -0.8% (confirms receipt of NASDAQ determination letter), OXM -0.7% (announces notice of redemption of its senior secured notes), MJN -0.5% (announces Steve Golsby's Intent to Retire as President and CEO in 2013), PNK -1.3% (Pinnacle acquires Federated Sports & Gaming, and Federated Heartland).
Analyst related: Upgrades: IGT -0.3% (upgraded to Neutral from Underperform at BofA/Merrill), UNFI 0.7% (upgraded to Buy at Argus)... Downgrades: FDO -0.7% (downgraded to Equal Weight from Overweight at Barclays)... Misc: GES 0.8% (Hearing positive mention at Jefferies), DSW -1.1% (initiated with a Hold at KeyBanc).