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ow) & TOMO (neutral) Key Research: Piper initiates LH/MWIV/INMD (ow's) & DVA/AMSG/WOOF/DGX (neuts) & PETS (uw), UBS downgrades PDCO Key Research: Baird lowers target GPS, DB upgrades CS (buy), Citi upgrades AES (buy), KBW initiates APO/PCBK (op's) Key Research: GS upgrades WBMD (buy) & downgrades A
tail Conference (Boston), Earnings (COST, RL, AEO, CSC, NTAP, TOL, STP) Thursday: GDP, G8 heads of state and government summit (Deauville, France), Sterne Agee Consumer Conference (NYC), Earnings (BIG, HNZ, PDCO, TIF, MRVL) Friday: Personal Income & Consumption, Pending Home Sales, Earnings (SDRL, MENT, RY
h: MS downgrades FTE & initiates lodging sector (favorable view), Bofa reinstates CMA/FITB/RF/KEY/MTB Key Research: JPM lowers targets BYI/IGT/WMS, Baird initiates QLIK Reporting Pre-Open: FAST, AIB, CAGC Reporting Post-Close: ADTN, HOFT, MG, STRM Economic Data: NFIB Small Business Optimism @ 7:30am
Warehouse (CHEF) files $100M through Jefferies IPO's (lock-up expires): Campus Crest Communities (CCG) Key Research: Soleil reduces KFT estimates, Sterne Agee initiates DDS (buy), Madison Williams downgrades FST/IOC Key Research: Wells initiates R (op) & raises DE estimates, Jefferies downgrades WMS & in
S downgrades DANOY & initiates AHS/CCRN/LPNT/ASGN/THC/UHS/VHS (nut's) an CYH/HMA (buy's) Key Research: Nomura upgrades Honda Motor (7267 JP) (buy), Baird upgrades CHH, BMO upgrades CSCO Key Research: Wells initiates APOL/CECO/DV/LRN (op's) and ESI/STRA/COCO (mp's), RBC downgrades KEX Key Research:
Secondaries (announced/priced): SRO, GNMK, AFFX (convert) IPO's: N/A Key Research: William Blair initiates TIF (mp), Think initiates CTXS (hold), Sterne Agee downgrades ATHN Key Research: Cantor initiates WFM/UNH/HUM (buy's) & AET/HNT/WLP (hold's), Raja downgrades EAT Key Research: GS downgrades COP/CO
riced): MWE, DVAX, NLY (convert), UTL IPO's (filed/priced): N/A Key Research: Citi initiates ZNGA (buys) & upgrades DMD (buy), BB&T downgrades DCO, Baird upgrades CPE Key Research: GS upgrades AIG (buy) & downgrades ACE/GNRC, Bofa upgrades JNS and MGLN (buy) Key Research: Jefferies initiates ENPH (b
Think initiates QIHU (buy) and YOKU/CTRP (hold) Key Research: MS upgrades DOW/STJ/AFFX, UBS downgrades ADI/MRVL & initiates UA (buy) Key Research: Sterne Agee upgrades EZPW, Multiple brokers initiates GLOG, BMO upgrades SMG/PKY/ARNA Reporting Pre-Open: DF, M, TEVA, ABVT, AEZS, AGU, AH, AMRI, AOL, ARIA, AS
grades AA & cuts SO, Raja downgrades HBAN • SunTrust initiates KRO (reduce), Citi downgrades MDP, PacCrest upgrades NFLX • Jefferies cuts NGLS/EPD, Baird upgrades SCTY, Stifel cuts R, Sterne Agee upgrades BOFI (buy) Europe Key Research: :••• Bofa downgrades SDRL NO/BAW SJ/ARTC DB & upgrades HTO GA (b
HBAN • SunTrust initiates KRO (reduce), Citi downgrades MDP, PacCrest upgrades NFLX • Jefferies cuts NGLS/EPD, Baird upgrades SCTY, Stifel cuts R, Sterne Agee upgrades BOFI (buy) Europe Key Research: :••• Bofa downgrades SDRL NO/BAW SJ/ARTC DB & upgrades HTO GA (buy), Investec cuts DIA LN • Berenberg dow
Entities connected to both Baird and Sterne Agee

Lesley Groff
PERSONIke Groff
PERSON
Barron
PERSON
Bloomberg L.P.
ORGANIZATION
Barack Obama
PERSONBarcap
ORGANIZATION
Piper
PERSONJefferies
ORGANIZATIONStifel
ORGANIZATION
François Hollande
PERSONNomura
ORGANIZATION
Tony Blair
PERSON
Wells
ORGANIZATION
Moody's
ORGANIZATION
Michigan
LOCATION
Philadelphia Fed
ORGANIZATIONCanaccord
ORGANIZATION
Joi Ito
PERSON
Bill Clinton
PERSON
Detroit
LOCATION