Epstein Secrets

lard of the mindset that there is still time to monitor the situation. Yellen comments tonight in Boston (7pm) will also be closely watched ahead of Bernanke's JEC testimony tomorrow. Hilsenrath article in WSJ< mod=WSJ_hp_LEFTWhatsNewsCollection> says the Fed will consider more action at its upcoming m

l12 Secondaries (announced/priced): DG IPO's: N/A Key Research: Jefferies initiates EDG (buy) & downgrades RAX & upgrades CLR (buy) Key Research: Baird downgrades FMER, Citi downgrades NSM, Janney initiates CSE/CIT (buy's) Key Research: JMP initiates FB (op), CS upgrades PHM/RYL/SWN, BNP upgrades RR

rcap Retail and Restaurant Conference (NYC), Earnings (ALXN, APD, BHI, COH, HSY, MMM, R, T, WU, X, AAPL, BIDU, JNPR) Wednesday: FOMC Rate decision (Bernanke press conference after), NZ cash rate, Earnings (BA, CAT, GLW, GD, DPS, HST, LO, S, SAP GR, CTXS) Thursday: Chicago Fed Nat Activity Index, Pending

, RBC initiates IPHI (op) & downgrades MS upgrades GLE FP & initiates FFIV (ow) and FDS (ew), Piper initiates VCRA Roth reinstates CYTR/PTN (buys), Baird downgrades FWRD, Susquehanna upgrades Bofa upgrades RY (buy), Citi downgrades PGR Reporting Pre-Open: CHKP, COP, DHI, ETN, HAS, ROP, STI, XRX, BEAV

XY $79.92 (+3c) Crude $106.93 (+59c) Gold $1699.70 (-10c) Silver +0.66% FOMC statement this afternoon (no big changes expected to message and no Bernanke press conference afterwards but he will be speaking tomorrow morning at 9am in Nashville). Merkel & Monti meeting today @ 12pm EST followed by a ne

VN ($175M), MWE, SLXP ($500M convert), TNGO IPO's: N/A EFTA00418137 Key Research: Bernstein upgrades SAP, DB downgrades CVC & upgrades SNI (buy), Baird upgrades VOC Key Research: Barcap initiates OIS (ow), Equinet upgrades S92 GR, Key initiates CVA (buy), W Blair initiates COV (op) Key Research:

on the lightest volume day of the year by far, SPA's are currently flat = 1864.30 last. "'House Price Index @ 9am, Existing Home Sales @ 10am*" ""Bernanke speaks @ 11:45am, China Flash PMI for April tonight" ***BK, CMCSA, HOG, IPG, ITW, MCD, OMC, RF, SPG, TRV, UTX, XRX pre-open"' n'AMGN, DFS, FTI, GI

uy) and cuts DFRG • Roth initiates GSVC (buy), BMO upgrades HD, B. Riley initiates IMMR (buy) • Evercore upgrades INTU, Steme initiates SYNA (buy), Baird initiates GLRI (op) Europe Key Research: • Bofa initiates PETS LN/SHF SJ (buy) & upgrades ETE GA and RMG LN (buy) • Cantor initiates SRSP LN (buy)

). Meanwhile another 48 hour strike has begun in Athens today. ***Trade Balance @ 8:30am, Michigan Confidence @ 9:55am, Treasury Budget @ 2pm*** ***Bernanke speaks on housing @ 12:30pm, China trade data tonight*** China exports -0.5% and imports fell more than expected in January (-15.3% vs est -3.6%)

AKS and MASI (sell) & initiates COH/RKT (buy's) & JEC (neut), Piper initiates CRIS (ow) Key Research: DB downgrades ORLY/AMRS/MPEL & upgrades COP, Baird downgrades XCO/SLGN/ORLY/TLEO & upgrades ALXN/SEE Key Research: GS adds ATVI to Conviction Buy list & resumes SYMC (neut) & upgrades EFX (buy) & c

t ) Jan 20 — MLK Day in the US (Markets Closed) Jan 15 — Brazilian rate decision Jan 21 — State of the Union Address Jan 29 — FOMC rate decision (Bernanke's last meeting, no press conference) Feb 7 — Debt ceiling deadline (Treasury can use extraordinary measures for — 1 month past this date) Feb 17 —

BWLD (buy) & CAKE/MCD (neut) & DRI (up) • JPM downgrades CAH/CLX & upgrades RAH, BMO downgrades LLY/INGR, • RBC upgrades HP/ROC, Citi upgrades HON, Baird initiates GEVA, Raja downgrades THC • Stifel downgrades GNRC,Citi upgrades TYC and WCC (buy) & cuts UTX, Bernsteain upgrades UNP • DB upgrades HSY/

JCP, JWN, SINA) EFTA00390485 Friday: U. of Michigan Consumer Confidence, Leading Indicators, China April Property Prices, Earnings (BH) Saturday: Bernanke speech at Bard College at Simon's Rock Commencement "Economic Prospects for the Long Run" (11am), Final FB lock-up Key Events on the Horizon May26

sell) & downgrades GLNG (sell), Barcap cuts WDR • Piper initiates HALO (ow) & PDLI (neut) & cuts EAT, Wells downgrades RGP & initiates UIL (op) ••• Baird initiates LNKD (neut), Opco downgrades RENN, BMO upgrades ARO/PSB, Longbow cuts MOLX ••• Raja downgrades BC, CS cuts CLX & upgrades RBC, Evercore in

the text will be released pre-open at 8:30am. SPA's -4 handles = 1667 last. ***Mortgage Apps @ 7am, Housing Starts @ 8:30am, Beige Book @ 2pm*** "*Bernanke's testimony to House Panel released @ 8:30am (delivers testimony @ 10am)*** ***ABT, BAC, BK, GWW, MAT, MTB, NTRS, PNC, STJ, TXT, USB #'s pre-open'""

ANH & initiates BXMT (buy), Evercore initiates GOGO (ow) ••• Miller Tabak initiates AREX/FANG (buys), KBW upgrades TAYC/MBFI ••• FBR upgrades ADBE, Baird upgrades BWA, Canaccord downgrades GSS (sell) ••• Raja downgrades ININ, BMO cuts PKG, Williams Capital cuts NVE Europe Key Research: • CS downgrad

m/m in March. G7 FinMins & Central Bankers meeting today in the UK. Bemanke is speaking this morning in Chicago. SPA's +2 handles = 1626.80 last. "*Bernanke speaks at 9:30am (Chicago), Treasury Budget @ 2pman • Priceline.com posted Q1 beat but profit forecast fell short on sovereign debt concerns (tradi

quisition Corp II (CLACU) 18M-shares priced at $10 US Key Research: ••• Citi downgrades DNDN (sell), GS upgrades GVA, Opco initiates WDAY (op) ••• Baird downgrades LOPE, BMO initiates TEVA/ACT/AGN (op) & AGN/MYUFRX (up) ir Wells initiates ENSG (mp) & ESC (op) & upgrades BSX, Janney initiates DDD (buy