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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
(China -4 bps) EUR 1.4265 (-0.33%) JPY 81.53 (+0.09%) NZD .7954 (+0.58%) Corn +1.1% Copper +0.93% Silver +0.14% 10yr 3.16% Futures: Dow -20, Nasdaq -2, S&P -1 DXY 75.20 (+0.14%) Crude $98.97 (+53c) Gold $1500.80 (+$8.30) ***Options Expiration Today, ANN reports pre-open*** Barnes & Noble gets
P upgrades AGN, JPM downgrades TRMB/ACI, Citi upgrades CG/GCI & downgrades SLGN/CNC/MNI • CLSA downgrades DELL & upgrades CHD, Raja downgrades CCOI, Baird initiates FINL (neut) • Nomura initiates CMAIFITB/HBAN/KEY (neuts) & WFC/USB/PNC/RF (buys), Janney initiates INTU (buy) ••• Evercore downgrades GGP
% EUR 1.3527 (-0.41%) JPY 93.69 (-0.06%) AUD 1.0309 (-0.78%) NZD 0.8418 (-0.41%) Spain 10yr 5.36% Italy 10yr 4.47% US 10yr 1.98% Futures: Dow +12, Nasdaq -2, S&P +0 DXY $79.74 (+25c) Crude $96.04 (-60c) Gold $1670.50 (-$3.00) Copper -0.81% Most Asian markets were higher overnight reversing some of yes
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
102.43 (-0.01%) EURIJPY 131.95 (-0.27%) AUD 0.9960 (-0.64%) GBP 1.525 (+0.27%) Spain 10yr 4.34% Italy 10yr 4.00% US 10yr 1.96% Futures: Dow -9, Nasdaq -2, S&P -2 DXY $83.27 (+23c) Crude $93.56 (-66c) Gold $1410.10 (-$14.40) Copper -1.19% Silver -2.07% Asian markets are mostly higher, led by Japan,
Entities connected to both Baird and Nasdaq -2

Lesley Groff
PERSONIke Groff
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Barron
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Bloomberg L.P.
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Barack Obama
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Piper
PERSONStifel
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François Hollande
PERSONNomura
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Wells
ORGANIZATIONCanaccord
ORGANIZATIONUtilities
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Philadelphia Fed
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Michael Jackson
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David Cameron
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Nokia
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Bernstein
PERSONSterne Agee
PERSONBB&T
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