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g O4 results with Credit Suisse (-11%) posting large impairments and a O4 loss in what feels like a kitchen sinking exercise. Auto's suffer today as Daimler (-3.8%) produces a 15% miss on their truck division and Frances Energy Minister Segolene Royal tells Le Patisien that 50 vehicles tested in January
(up) • DA Davidson initiates T (buy) & VZ (neut), GS upgrades WHRNV & downgrades WAB ••• Janney initiates SEAS (neut), Opco initiates PSTG (pert), Stifel upgrades ARCB (buy) & cuts SNCR • Longbow downgrades BWLD & upgrades KMT, Piper downgrades PACB Europe Key Research: ••• Liberum upgrades SDF GY &
ept (CPI +5.2% y/y vs +4.5% in Aug (Mervin King speaks today) European car registrations climbed 1.1% but 9-month Euro car sales declined 0.8% (BMW/Daimler trading off -2%) LVMH reported Q3 sales that topped estimates and said it is confident for remainder of 2011 (trading -1.2%) Danone (owner of Evi
l initiates AA (buy), SocGen initiates BRCM (buy) & QCOM (hold), MEM initiates NVR (buy) Key Research: BMO downgrades IBM, DB initiates COH (hold), Stifel initiates AA (buy), Think initiates PETM (buy) Key Research: GS upgrades AKS and VMW (conviction buy) & downgrades HAS and X/AONE/WHR (sell) Key
ins to be found in Europe FT • Cashed out: Visa/MasterCard Lex • Barclays: time to be bold Lex • China capital flows: tides are turning Lex • Daimler: engine trouble FT • HP: debt advice FT • Spanish Leader divulges income to quell scandal WSJ • Makeover at Barclays won't be extreme WSJ • A
overweight over 12-months & initiates USAC (buy) EFTA00396178 •••• JPM upgrades NKE, MLV & Co downgrades ALNY, Roth initiates COSI/HYGS (buy's) • Stifel upgrades USBNVFC (buy's) & cuts FITB/PDH and CMA/KEY (sell), RBC upgrades AOL ••• KBW upgrades RNST & downgrades PRI and SIAL (sell), Barcap initiat
Entities connected to both Daimler and Stifel

Lesley Groff
PERSONIke Groff
PERSON
Bloomberg L.P.
ORGANIZATION
Jeffrey Epstein
PERSON
Barack Obama
PERSONJefferies
ORGANIZATIONBarcap
ORGANIZATION
Angela Merkel
PERSON
Michigan
LOCATION
George W. Bush
PERSON
Ghislaine Maxwell
PERSON
Stanford University
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David Cameron
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Tony Blair
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Bernanke
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Michael Jackson
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Moody's
ORGANIZATION
Marc Rich
PERSONJanney
PERSONSwedbank
ORGANIZATION