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ity forecast (co. says no change since May) opex Kabel Deutschland FY inline, lighter div of E1.5/share, good guidance, elevated (trading -1.3%) Nokia warns again (devices & services), lowering op margin guidance, poor visibility (trading -10.9%) WH Smith Q3 IMS solid, high street better, strong b
ABB, Raja downgrades SAPE, Lazard initiates TSLA (buy), Davenport upgrades UDR, RBC upgrades MOG/A, UBS downgrades BBVA (sell), BNP downgrades TSM, Wells initiates XNPT (op) Reporting Pre-Open: KR, MDCI, NTSC, PIR, SCHS, SFD, WGO Reporting Post-Close: CIDM, CPST, LAKE, SYUT Economic Data: Current Ac
(Reuters<http://alphanow.thomsonreuters.com/2012/04/chart-of-the-week-global- trade-set-for-a-downturn/>) Foxconn closes -3.8% to 6-month low after Nokia posted loss yesterday (24% of revenues from Nokia) China Mobile posts a 3.5% gain in Q1 profit that misses estimates on costs to add new users Wo
nfoblox (BLOX) 7.5M shares priced @ $16, Proofpoint (PFPT) 6.3M shares priced @ $13 Key Research: Citi downgrades ALTR/ABFS, Imperial initiates NM, Wells downgrades FHN/CHK, DB downgrades SNDK Key Research: Piper initiates PRX/QCOR (ow's) and SGNT (neut), Brean Murray upgrades NJR (buy), Davenport i
(trading +2.2%) Schlumberger first quarter profit rose 40% benefitting from efforts to expand in EFTA00434602 North America but missed estimates Nokia profit beat estimates but declined 1.4% y/y and forecast operating margins will fall this qtr (signed pact with MSFT) DuPont reported double digit
beverage (RAH/DF/MJN/THS/FLO/HAIN), Macquarie initiates US Chemicals (KRA/FMC/ROC/SOA) Key Research: Barcap upgrades NOVN.VX, Baird downgrades PII, Wells downgrades NVE, JPM initiates CRR (ow) & LG FP (neutral) Key Research: GS downgrades SINA (sell) & upgrades CRH (conviction buy) and ACH, Benchmark
als, NAO says Telegraph<http://www.telegraph.co.uk/finance/economics/9072574/State-pays-too-much-to-build- PFI-schools-and-hospitals-NAO-says.html> Nokia, Motorola and Sony likely to increase handset orders to Taiwan ODMs DigiTimes<http://www.digitimes.com/news/a20120209PD215.html> Key Events Next We
es XCO/SLGN/ORLY/TLEO & upgrades ALXN/SEE Key Research: GS adds ATVI to Conviction Buy list & resumes SYMC (neut) & upgrades EFX (buy) & cuts NCR, Wells upgrades PROJ Key Research: JPM downgrades NOBN VX, Moke downgrades CRUX, UBS downgrades ING/KIM, MS initiates BEAV (ew) & CELG (ow) Key Research:
Entities connected to both Nokia and Wells

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