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Research: Cannacord upgrades BARC.LN, DB upgrades BOS3.GR & initiates SUNS (buy), Bofa downgrades WRB Key Research: Piper upgrades URBN/WTSLA/ZUM2, Baird upgrades FMO & initiates JMF, Opco upgrades BRCM Key Research: Wunderlich downgrades CVLT & upgrades CMO, CS upgrades AXA, Kaufman reinstates EBAY
US-listed Chinese companies for fraud after series of accounting scandals - South China Morning Post EFTA00435927 Key Events This Week Thursday: Consumer Credit, Bloomberg Consumer Comfort, BOE & ECB rate announcement, Earnings (STZ) Friday: USDA Crop Report, Wholesale Inventories This e-mail and any files
l12 Secondaries (announced/priced): DG IPO's: N/A Key Research: Jefferies initiates EDG (buy) & downgrades RAX & upgrades CLR (buy) Key Research: Baird downgrades FMER, Citi downgrades NSM, Janney initiates CSE/CIT (buy's) Key Research: JMP initiates FB (op), CS upgrades PHM/RYL/SWN, BNP upgrades RR
Events This Week Thursday: BOE announcement, Spain bond auction, Bernanke testifies before Joint Economic Committee (DC), Fed Meeting on Basel III, Consumer Credit, CS Engineering and Construction Conference (NYC), Stifel Energy Conference (Montreal), Earnings (SJM, TITN, ZQK) Friday: Trade Balance, Wholesale
(buy) & SSS (hold) & EXR/PSA (sells), UBS downgrades ALV (sell), RBC cuts KMX/IP Key Research: DB downgrades RBS LN/KFRC & reinstates CA FP (hold), Baird upgrades TTEK/PEET, JMP downgrades BRCD Key Research: Jefferies downgrades RIMM & upgrades Sands China (buy), MS cuts RSH & upgrades NOV, Wells do
Next Week Monday: Credit Suisse Energy Summit (Vail), Earnings (HAS, HUM, SYY, YUM) Tuesday: Colorado, Minnesota, and Missouri primaries/caucuses, Consumer Credit, Treasury to sell $32B of 3yr notes, Cowen Aerospace/Defense Conference (NYC), Earnings (BDX, KO, CBG, DIS, HIG, WU) Wednesday: MBA Mortgage Appli
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
ey Events This Week Thursday: Jan Retail Comps, BoE & ECB interest rate decisions, Spanish bond auction, EU Leaders 2-day Summit begins (Brussels), Consumer Credit, Non-Farm Productivity & Unit Labor Costs, BMO Infrastructure & Utilities Conference (Toronto), Earnings (CCE, HOT, IFF, LAZ, S, PM, ATVI, HAS, RSG)
) files $100M through Citi, JPM & MS Key Research: upgrades TD Key Research: OR.FP Key Research: Key Research: CRT initiates BA/GR/PCP (buys), Baird upgrades ZQK, Opco upgrades LQDT, CS Roth initiates MGN (buy), Bankhaus downgrades BMW.GR (sell), Barclays upgrades Citi downgrades HEIA.NA, HSBC d
rt relative to first Greek bailout expected, Earnings (TLB, VIP, CASY, MIND, MTRX, SWHC) Thursday: BOE & ECB Interest rate decision, Trade Balance, Consumer Credit, President Obama to present his jobs program to joint session of Congress, Bofa Canada Mining Conference (Toronto), Japan GDP, China CPI & PPI, Ear
ja downgrades RCL • Roth initiates LODE (buy), DB downgrades SGMS (sell), JPM upgrades SWC ••• Citi upgrades HMY & TGT/BBBY (buy), GS upgrades UNH, Baird cuts YUM, Jeff cuts EQRIAVB Europe Key Research: • MS prefers Japanese equities to European, UBS upgrade BBVA SM, BofAML downgrade CNA LN, RI FP •
O, TWX, ALL, PRU, V) Thursday: Jan Chain Store Sales, BoE interest rate decision, Spanish bond auction, EU Leaders 2-day Summit begins (Brussels), Consumer Credit, Non-Farm Productivity & Unit Labor Costs, BMO Infrastructure & Utilities Conference (Toronto), Earnings (CCE, HOT, IFF, LAZ, S, PM, ATVI, HAS, RSG)
Entities connected to both Baird and Consumer Credit

Lesley Groff
PERSONIke Groff
PERSON
Barron
PERSON
Barack Obama
PERSON
Bloomberg L.P.
ORGANIZATIONBarcap
ORGANIZATION
Piper
PERSONJefferies
ORGANIZATION
Stanford University
LOCATION
Marc Rich
PERSON
Angela Merkel
PERSONJanney
PERSON
François Hollande
PERSON
Wells
ORGANIZATION
Horizon
ORGANIZATIONUtilities
ORGANIZATION
Toronto
LOCATION
Moody's
ORGANIZATION
Bernanke
PERSONMacquarie
ORGANIZATION