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y 12 percent amid rally in memory-chip prices • Esprit rises most in 11 months after O1 sales and hiring product chief from Zara (closed +4.9%) • Honda O2 profit misses estimates on slowing motorcycle sales and demand in Southeast Asia Leading European Sectors: Autos/Parts +1.70%, Oil & Gas +1.64%,
A00380438 US Key Research: • Barcap downgrades CRUS, Brean upgrades BIDU (buy) & initiates SKX (buy) ••• BTIG upgrades FB (buy), DB downgrades X, Evercore downgrades DLR ••• GS downgrades CRS and CHKR (sell), Jefferies initiates DKS (hold) • JPM downgrades EW, MS initiates FINUFL (ew) & assumes NKE (o
from the ECB meetings says Sueddeutsche (MNI) • Nintendo profit beats estimates helped by weaker JPY (70% revenues from overseas) (after close) • Honda profit misses estimates as deliveries in Japan shrink, leaves FY forecasts unchanged (after close) • Mazda Motor Q1 profit beats analyst estimates
ntic downgrades XYL, Jefferies downgrades OPTR, Wells cuts NVDA/ROK & upgrades TVL ••• BMO cuts DCI, RBC upgrades GGP, SunTrust initiates GDP (buy), Evercore upgrades WU • JPM upgrades BYD, CS upgrades CBST, Raja downgrades SAVE/ADC, Key upgrades PPS ••• Needham upgrades ISIL (buy), Gabelli downgrades BL
eadlines should continue next week with Abe addressing the parliament on economic strategy on Monday and a number of earnings reports due including Honda, Nintendo, DoCoMo, Sharp, Canon, Nomura and Panasonic. Outside of Japan, SHCOMP continued to pullback from yesterday's highs which weighed on HK and
s AMZN (buy) • Wells initiate BRO/AON (mp) & MMC (op), Northland initiates RHT (op), Stifel initiates STRZA (sell) • SunTrust initiates BIOS (buy), Evercore initiates BXP (ow), DB upgrades JPM (buy), Raja cuts GMR, Imperial initiates PKOH (op) Europe Key Research: ••• HSBC European Luxury: (upgrade TOD
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