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RU (buy) • Mainfirst initiates PTC PL/TIT IM (op) and TEF SM (up), MS cuts TRN IM & upgrades FIVE LN • Swedbank cuts AXFO SS, Natixis cuts WHA NA, Kepler upgrades CGCBV FH (buy) • SEB Enskilda downgrades MEO1V FH and OTE1V FH (sell) SocGen initiates SOLB BB (buy) & downgrades ENEL IM and RCO FP (sell
ory Telegraph • Airline apologises for graphic image Guardian • How Much Stock Trading Should There Be? Bloomberg Key Events This Week Thursday: Philadelphia Fed, China property prices March, Earnings (ADS, AN, BAX, BBT, BHI, BLK, BX, CMG, DD, DOV, FITB, GE, KEY, MAT, MS, PEP, PBCT, PM, PPG, SLB, UNH) Friday
A (buy) • Citi upgrades BKIA SM/CABK SM (buy) & cuts KIO SJ (sell), Panmure upgrades PDG LN (buy) • DB downgrades PKN PW, GS upgrades CHR DC (buy), Kepler downgrades CSGN SW • JPM downgrades KNIN SW/GJF NO & upgrades ETE GA, Panmure upgrades PDG LN (buy) • Natixis upgrades WPP LN (buy), Nomura upgrade
CHKE, CPHD, HUBG, INDB, ISBC, SCSS, SFNC, WHG Economic Data: Jobless Claims @ 8:30am, Bloomberg Economic Expectations & Consumer Comfort @ 9:45am, Philadelphia Fed @ 10am EIA natural gas storage change @ 10:30am Conferences: No major conferences Analyst/Investor Days: PDCE, LULU, DIS EFTA00370948 Non-Deal
rades SPT LN & CORA NA, UBS downgrades LRE LN • Commerzbank upgrades WCH GY, JPM upgrades ADP FP & downgrades FFtA GY, Baader downgrades BEI GY ••• Kepler initiates F IM (reduce) & HAW GY (buy), Nordea downgrades VWS DC, Exane upgrades CBK GY ••• Investec upgrades HSBA LN, Shorecap downgrades DGE LN, H
minutes, France/Germany/Eurozone Q2 GDP, Canaccord Growth Stock Conference (Boston), Earnings (DE, M, OSIS, A, CSCO, NTAP) EFTA00385975 Thursday: Philadelphia Fed, Empire Manufacturing, NAHB Housing Survey, CPI, Industrial Production, Earnings (EL, KSS, PRGO, WMT, AMAT, JWN) Friday: Nonfarm Productivity & Uni
Entities connected to both Kepler and Philadelphia Fed

Lesley Groff
PERSONIke Groff
PERSON
Barack Obama
PERSON
Bloomberg L.P.
ORGANIZATION
Barron
PERSONJefferies
ORGANIZATIONBaird
PERSONBarcap
ORGANIZATIONUS Key Research
ORGANIZATION
Stanford University
LOCATIONNomura
ORGANIZATIONStifel
ORGANIZATION
Bernanke
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David Cameron
PERSONEmpire Manufacturing
ORGANIZATION
Michael Jackson
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Samantha Power
PERSON
Marc Rich
PERSON
Wells
ORGANIZATIONMacquarie
ORGANIZATION