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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
50% by mid-2013 DigiTimes<http://www.digitimes.com/news/a20120417PD216.html> Key Events This Week Thursday: Leading Indicators, Philadelphia Fed, Existing Home Sales, G20 Finance meeting begins, Earnings (BAC, BST, DD, FCX, FITB, KEY, LUV, MS, PM, VZ, MSFT, CMG) Friday: Options Expiration, Earnings (AEP, GE, HON
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:
r audit of Spanish Banks due, Germany continues discussion on possible European Redemption Fund, Flash PMI's, Philadelphia Fed, Leading Indicators, Existing Home Sales, Earnings (CAG, KMX, ORCL) Friday: Russell Rebalance, Earnings (DRI), Hollande/Merkel/Rajoy/Monti meeting in Rome, Sweden & Finland closed for Mids
uy) and cuts DFRG • Roth initiates GSVC (buy), BMO upgrades HD, B. Riley initiates IMMR (buy) • Evercore upgrades INTU, Steme initiates SYNA (buy), Baird initiates GLRI (op) Europe Key Research: • Bofa initiates PETS LN/SHF SJ (buy) & upgrades ETE GA and RMG LN (buy) • Cantor initiates SRSP LN (buy)
5th consecutive gain for the S&P on the lightest volume day of the year by far, SPA's are currently flat = 1864.30 last. "'House Price Index @ 9am, Existing Home Sales @ 10am*" ""Bernanke speaks @ 11:45am, China Flash PMI for April tonight" ***BK, CMCSA, HOG, IPG, ITW, MCD, OMC, RF, SPG, TRV, UTX, XRX pre-open"'
Entities connected to both Baird and Existing Home Sales

Lesley Groff
PERSONIke Groff
PERSON
Barron
PERSON
Barack Obama
PERSONBarcap
ORGANIZATIONJefferies
ORGANIZATION
Piper
PERSON
Ghislaine Maxwell
PERSONNomura
ORGANIZATIONStifel
ORGANIZATION
Angela Merkel
PERSON
François Hollande
PERSON
Horizon
ORGANIZATION
Tony Blair
PERSON
Philadelphia Fed
ORGANIZATION
Draghi
PERSON
Bernanke
PERSON
William Barr
PERSONOsborne
PERSONCantor
PERSON