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13 handles = 1362.20 last. ***CHKP, EAT report pre-open / NFLX, TXN #'s after close*** Pfizer announces deal to divest infant nutrition business to Nestle for $11.85B cash (high end) premium) (Reuters) AstraZeneca to acquire Ardea Biosciences (RDEA) for $1 billion ($32/share = 53.5% Amylin Pharmace
, 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
Couche-Tard (ATD/B CN) offers to buy Statoil Fuel & Retail for $2.8 billion (deal closes in June) Pfizer close to selling infant-nutrition unit to Nestle for at least $9 billion according to the WSJ<http://professional.wsj.com/article/SB10001424052702304299304577350151957732924.html? EFTA00414936
buy) & reinstates ANR/BTU (buys) / ACI/CNX (up's), JPM downgrades DNB Key Research: Citi upgrades BN FP/ING (buy's), CBE/AYI (ow's) Key Research: Baird upgrades MCEP & initiates FMS (neut), DB upgrades CHRW/SEMG (buys) Key Research: GS resumes ETP (neut), SocGen adds BN FP to Premium List, BMO down
es & Stories Barron's positive: Vodafone (VOD) Barron's<online.barrons.com/article/SB50001424052748704625304577227403950704074.html> WSJ positive: Nestle (NESN VX) WSJ<http://online.wsj.com/article/SB10001424052970204059804577227333097919976.html> IMF attitude to austerity shifts to ensure government
Research: Key Research: (hold) & 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 J
Entities connected to both Nestle and Baird

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