Trading higher following earnings/guidance: RUTH +5%, BKW +4%, CBS +4.1%, VFC +2.4%, SJM +1.4%, CPB +0.9%, DNKN +0.3%, PG +0.1%, CPB +0.9% (enters into agreements to expand its production and distribution capabilities in Mexico)... Near unchanged mark following earnings/guidance: PG Other notable mentions: GM flat (Berkshire Hathaway increased stake), SFD flat (to form joint venture with Kansas City Sausage; expects the transaction to be immediately accretive to earnings)... Leaders: TIF 0.4% (unit files lawsuit against Costco for trademark infringement)... Laggards: WMT -1.9% (attributed to reports that its UK unit found horse DNA in meat sauce, cautious comments at Cleveland Research), CCL -0.4% (passenagers of disabled ship have come ashore, according to reports). Analyst related: Downgrades: ANGI 1.4% ( downgraded to Mkt Perform from Outperform at Barrington Research), BRFS -1.2% ( downgraded to Underweight from Equal-Weight at Morgan Stanley)... Misc: BBY 3.4% (added before the open to short-term buy list at Deutsche Bank)
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