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OYT) 18.5M units priced at $20 Key Research: Bofa downgrades VC, SunTrust downgrades GMCR, CLSA upgrades AB, Needham downgrades SMSC Key Research: Imperial initiates SPB (op), Piper downgrades GMCR, Baird downgrades DVA, CS upgrades CRM & cuts CACI Key Research: JPM upgrades TTMI (ow), KBW downgrades B
ity / Unit Labor Costs / Jobless Claims @ 8:30am, Bloomberg Consumer Comfort @ 9:45am, ISM Non-Manufacturing
), Anima Holding (ANIM IM) began trading this morning US Key Research: ••• Barcap upgrades LNC & downgrades RGA, GS upgrades GPC and SFUN (buy) • Imperial upgrades ZBRA/GDP and initiates SBGL (op), RBC initiates ATEN (op) • Jefferies upgrades UNFI (buy) and initiates HLT (hold), Nomura upgrades GHL & c
rdian • How Much Stock Trading Should There Be? Bloomberg Key Events This Week Thursday: Philadelphia Fed,
Officer Investissement Quebec Canada Mazen S. Darwazeh Chairman, MENA Hikma Pharmaceuticals Jordan Limited Lord Darzi Professor of Surgery, Imperial St Mary's Hospital United Kingdom College London and Chair. Institute of Global Health Innovation Howard Davies Director London School of Uni
ingdom Robed Friedman Editor-at-Large, Finance Bloomberg News USA Thomas L. Friedman Columnist, Foreign
Officer Investissement Quebec Canada Mazen S. Darwazeh Chairman, MENA Hikma Pharmaceuticals Jordan Limited Lord Darzi Professor of Surgery, Imperial St Mary's Hospital United Kingdom College London and Chair. Institute of Global Health Innovation Howard Davies Director London School of Uni
ingdom Robed Friedman Editor-at-Large, Finance Bloomberg News USA Thomas L. Friedman Columnist, Foreign
ld's), UBS upgrades WAG (buy) ••• DB initiates MDSO/CERN/ATHN/MDAS/MDRX (buy's) & CRL/CVD/PRXL/CPSI/QSI (hold's) DB downgrades O, GS downgrades PM, Imperial initiates RAD/RDWR (op), Jefferies cuts ED ••• Citi upgrades MTL (buy), Raja cuts GBX/QCOM/TRN, BMO upgrades HSH, JPM cuts SJM ••• FBR initiates MW
ss Claims / PPI @ 8:30am, Markit US PMI @ 8:58am, Bloomberg Economic Expectations & Consumer Comfort @ 9:45a
rades CDW ••• DB initiates EGHT (buy), GS initiates SCAI/ENR (neut) & BKW/PAGP/PAA/CHD (buys) • GS downgrades CPB & CLX (sell) & upgrades AA (buy), Imperial initiates NVGS (op) • ISI downgrades BRCD, JPM initiates CRZO (ow), Stifel initiates CRTO (buy) ••• Wells initiates UMBF (mp), Citi initiates LEAF
Long S&P 500 / Short AUD (reflects key macro themes for 2014) • Barclays said to plan "role-based pay" for some employees to counter EU bonus caps (Bloomberg) (trading +0.54%) • Fresenius: US scraps medicare cuts, keeps 2014/15 dialysis bundles flat & allow for inflation adjusters (trading +8.4%) • Bab
: E2open (EOPN), Hyperion Therapeutics (HPYX), Millennial Media (MM) US Key Research: • Barcap upgrades UNM & initiates ALLT (ow), DB downgrades F, Imperial initiates EAGL (op) • Jeff initiates HRG (buy) & reiterates buy for GOOG, Macquarie upgrades Honda Motor (7267 JP) • Piper initiates ELX/OLGC (neut
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
Entities connected to both Imperial and Bloomberg L.P.

Jeffrey Epstein
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Donald Trump
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Prince Andrew
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Marc Rich
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Joe Biden
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Barack Obama
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United States
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Ghislaine Maxwell
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Department of Justice
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Julie K. Brown
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Bill Clinton
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George W. Bush
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Virginia Giuffre
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Michael Cohen
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Michael Jackson
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Prince Charles
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Stephen Hawking
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Eric Trump
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Samantha Power
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