Wednesday Sector Laggards: Textiles, REITs

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Dec 12, 2012 (MarketNewsVideo.com via COMTEX) -- In trading on Wednesday, textiles shares were relative laggards, down on the day by about 0.7%. Helping drag down the group were shares of G Iii Apparel Group (GIII), down about 3.4% and shares of Iconix Brand Group (ICON) off about 2.9% on the day.

Also lagging the market Wednesday are REITs shares, down on the day by about 0.6% as a group, led down by Northstar Realty Finance (NRF), trading lower by about 4.4% and Istar Financial (SFI), trading lower by about 2.2%.

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=201212Laggards121212&mv=1.

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Copyright 2012 MarketNewsVideo.com

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As of Saturday, 12-08-2012 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated a DOWNTREND on
06-01-2012 for NRF @ $5.09.

As of Saturday, 12-08-2012 23:59, the latest Comtex SmarTrend Alert,
an automated pattern recognition system, indicated a DOWNTREND on
05-04-2012 for SFI @ $6.59.

For more information on SmarTrend, contact your market data
provider or go to www.mysmartrend.com

SmarTrend is a registered trademark of Comtex News Network, Inc.
Copyright A? 2004-2012 Comtex News Network, Inc. All rights reserved.

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