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iates ATEN (op) • Jefferies upgrades UNFI (buy) and initiates HLT (hold), Nomura upgrades GHL & cuts MSI EFTA00370916 • Raja initiates NMBL (op), Baird initiates LPI (op), UBS upgrades NMBL (buy) & cuts NTAP • Canaccord initiates MDVN (hold) and NPSP/REGN/LPTN (buy), MS upgrades PDS • Multiple brok
tations were low into #'s (trading +2.1%) • Credit Suisse O1 net income misses ests, investment bank weaker on fixed income (trading -2.0%) • BHP Billiton production update decent, core divisions performed well, non-core weaker (trading -0.16%) • ASML O1 sales inline, gm's better, cuts H1 sales foreca
izuho initiates CVS (buy) & WAG (n), FBN downgrades IBM, JPM downgrades JAG, UBS initiates CMG (n) Key Research: William Blair initiates ASGN (op), Baird upgrades UNF, MS initiates APC (ow) & downgrades ATW/RDC Key Research: BB&T upgrades CNW (buy) & downgrades LNC, MKM initiates BMY (sell), Collin
liance with Anadolu Efes (trading +0.57%) Diageo reports sales growth that tops estimates led by gains in LatAm, Asia, Africa (trading +3.5%) BHP Billiton record iron ore production on Asia demand & expansions in Australia (trading -0.45%) Software AG (Germany's 2nd largest maker of business software)
ares (18.1% of outstanding), Zhaopin (ZPIN) 43.6M shares (87.2% of outstanding) US Key Research: • Citi initiates DDC (buy), Atlantic downgrades M, Baird downgrades VZ, CS upgrades LHCG, ▪ Drexel Hamilton initiates LDOS (hold), Guggenheim initiates FITB/KEY (buy) and HBAN (neut) ▪ Jefferies initiates
FT • Arrest of 'tiger' Zhou Yongkang sheds light on China graft purge FT • Songbird: bird in the hand Lex • Dalian Wanda: big fish Lex • BHP Billiton: a miner by any other name Lex • Merck/Cubist: pony up Lex • Hermitage: imperial splendour, revolutionary symbolism, world-class art The Times •
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