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ti-corruption agency is investigating their chairman. Shanghai saw a late day rally after struggling most of the day on IPO resumption concerns. The Kospi managed to close above 2000 as foreign and pension money helped lend support and Taiwan closed higher, driven by Largan (+6.5%) and Asustek(+4.5%).
ies assumes NKTR/PCRX/SHPG/SLXP/TEVANRX (buy) & AGN/SGNT/SUPN (hold) ••• KBW upgrades LION, Raja initiates ERIC (mp), Roth initiates GSVC (buy) ••• Stifel initiates EVDY (buy), Citi upgrades AZN (buy), Piper assumes RKUS (ow) EFTA00370850 • Stifel cuts CWH (sell), Raja upgrades MAIN/RUTH and GRGI (st
led to hold the 99 level in the AM session but regained it for the PM, further boosting exporters. Retail was also supportive with Mothers +11%. The Kospi, on the other hand, underperformed as it was weighed from rotation out of South Korea (especially autos) and into Japan. Outside of Japan, the RBA u
S initiates PF (neut) & MDVN/BMRN (buys) & initiates INFI/PCYC/SGEN (neut's) & INCY (sell) • ISI downgrades HOLX, Jefferies assumes MTD/LIFE (hold), Stifel initiates OMTH (buy) ••• Wells initiates CHS/KORS/ANF/GPS/URBN (op) & ANN/JWN/KSS/LULU/M/RUE/TJX/TIF/AEO (mp) & JCP (up) ;••• William Blair initiat
.2% q/q vs est +0.5%. AUD testing parity after the RBA cut its 2013 inflation forecast and reiterated forecast for below trend growth this year. The Kospi lagged the region -1.75% and gave back yesterday's surprise rate cut gains as exporters slumped on the won strength and Samsung closed -2.57%. Euro
rgins strengthened but forecast bit light (trading +1%) • Carter's initiates 16c/share quarterly dividend and approved $300M share buyback plan • Stifel profit down in Q1 due to costs related to acquisitions but global wealth posted records • ABB CEO Joe Hogan leaving for personal reasons, date to b
Entities connected to both Kospi and Stifel

Lesley Groff
PERSONIke Groff
PERSON
Barron
PERSON
Bloomberg L.P.
ORGANIZATIONBaird
PERSONJefferies
ORGANIZATION
Barack Obama
PERSONBarcap
ORGANIZATION
Piper
PERSON
Angela Merkel
PERSON
Wells
ORGANIZATION
Michigan
LOCATION
Stanford University
LOCATION
Bernanke
PERSON
Tony Blair
PERSONCanaccord
ORGANIZATION
Draghi
PERSONRetail Sales
ORGANIZATION
David Cameron
PERSONUS Key Research
ORGANIZATION