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Key Research: Key Research: Key Research: Key Research: Key Research: Jeff cuts ADBE, Citi upgrades BBY, Sterne Agee initiates BPOP (neutral), Cantor initiates IMGN (hold), GS upgrades RF (buy), JMP downgrades HGSI, DB upgrades ATI/CEDC (buy's) & downgrades ABB, Raja downgrades SAPE, Lazard initi
Account Balance / CPI / Jobless Claims @ 8:30am, Bloomberg Consumer Comfort @ 9:45am EIA natural gas stora
n up over the last 2 weeks. Secondaries (announced/priced): MDW, ROSG IPO's: N/A Key Research: Stifel assumes RTN (buy) & GD/LMT/NOC/LLL (holds), Cantor initiates ZMH/SYK (holds) Key Research: Piper downgrades VCLK & initiates TITN (ow), Canaccord initiates MM (buy), Jefferies downgrades PEG Key R
c0.htmlfaxzzlysTaf4sf>) +1.2%) June 29 on board) EFTA00410573 Germany facing pressure to scrap senior status on rescue loans to Spain's banks (Bloomberg) Spanish treasury analyzing the idea of raising VAT from 8.0% to 18.0% in certain products Local chatter that Spain will have 20yrs to pay back Eu
old) & FINL Key Research: OKE (ow) Key Research: XYL (neut) Key Research: PFCB Jeff downgrades UPL/AIMC/ARTC, Key Baird downgrades MXWL/DELL, Cantor (buy) HSCB downgrades BG, Raja initiates downgrades ITRI, CS downgrades STO initiates MSPD (buy), DB initiates FL JEF (mp), JPM downgrades OVTI
lmdCe3vmr> notes that it would still include a list of 24 "prior actions" that Greece must complete by the end of the month before aid is released. Bloomberg<http://www.bloomberg.com/news/2012-02-16/ecb-said-to-swap-greek-bonds-for-new-debt- to-avoid-loss-from-restructuring.html> says that the ECB will exc
des UNA NA Key Research: Barcap downgrades RDSA LN & upgrades BBT, Think initiates IART/TH0R/REGN (buys) & HTWR (sell), MKM cuts MRK Key Research: Cantor initiates CUBE (buy) & SSS (hold) & EXR/PSA (sells), UBS downgrades ALV (sell), RBC cuts KMX/IP Key Research: DB downgrades RBS LN/KFRC & reinstate
man Sachs plans to sell $1B (owns $6.2B) of ICBC shares (Hong Kong Economic Blackstone Group studying a leveraged buyout of Brocade Communications (Bloomberg<http://www.bloomberg.com/news/2012-02-02/blackstone-said-to-study-brocade- leveraged-buyout-as-deal-interest-fades.html>) Sunoco strategic initiativ
tifel initiates TRN/GBX (buys) & ARII/RAIL (hold) & downgrades ADTN, BMO initiates AMZN (mp) Key Research: Raja downgrades AGP, Wells upgrades DIS, Cantor initiates BRKR (buy), Bern Barcap initiates PVR/FMX (ow's) & KOF (ew)& downgrades LXK & upgrades AMCX JPM initiates Y (neut) & upgrades CVX, Citi u
ta: Jobless Claims / Import Price Index @ 8:30am, Bloomberg Consumer Comfort @ 9:45am, Treasury Monthly Budg
GR/SHP LN/GSK LN/PGHN SW, Barcap downgrades ALV GRIHNR1 GR/MUV2 GR/PHNX LN & upgrades UNI IM • Berenberg initiates REE SM (buy) and ENG SM (hold), Cantor initiates ADN LN/ASHM LN/SDR LN/ARP LN (buy) and HGG LN (hold) ▪ Commerzbank upgrades HENS GR/OR FP (buy), CS downgrades MPI LN/EXPN LN/MPI FP & up
ntial vote to next week from February in a risky move to save his coalition (first round of voting now on Dec 17 with further polls on Dec 23 & 29). Bloomberg notes that 'failure to install a candidate after three attempts [need 180 votes) would prompt the collapse of Samaras' coalition and the dissolutio
SGC LN, upgrade NEX LN ••• SocGen upgrade BBVA SM, Medio initiate MSK LN (op), Beren downgrade DIA IM, u/g ETL FP • RBC downgrade STAN LN, SGE LN, Cantor downgrade IHG LN, SBRY LNA2A IM, u/g ICL IT, KCO GY • Numis downgrade RTN LN, Exane downgrade DELB BB, Akros downgrade MED IM, LTO IM EFTA00390787
NX, ZIGO Economic Data: Jobless Claims @ 8:30am, Bloomberg Consumer Comfort @ 9:45am, Wholesale Inventories
cts for the firm and its clients. Previously, she was the Managing Director and head of the Structured Products Group at Cantor Fitzgerald. Prior to Cantor, she headed the Credit CDO Group at UBS which was responsible for arranging, structuring and marketing the firm's credit-backed CDO and CLO transact
is a regular featured guest on FOX Business News, Bloomberg Television, and CNBC sharing his insight on today
erian Utilities: (reinitiate o/p EDP PL & GAS SM , neutral EDPR PL, u/p ANA SM, EGPW IM, ELE SM, IBE SM) • Exane upgrade MPI LN, GS upgrade SGSN VX, Cantor initiates IHG LN &AC FP (buys) • JPM downgrades (BDEV LN, BWY LN, BVS LN, RDW LN, TW/ LN), SocGen downgrades (ADN LN, HGG LN, CABK SM, SK FP) • Be
fense and Rep. Tom Cole says they are prepared to let them trigger even if the Dems don't agree to restructure them to fall less heavily on Defense (Bloomberg). Tech +0.95% strong in Europe, helped by solid numbers from GOOG, IBM, CREE after the close in the US (note XLK in US has underperformed only +2.1
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