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National Convention begins (Tampa, FL) August 31-Sep 1 - Fed's Annual Economic Policy Symposium in Jackson Hole, WY (Bernanke speaks Aug 31 @ 10am, Lagarde speaks Aug 31 @ 2:30pm, Draghi speaks Sep 1 @ 12:25pm) September 3-6 - Democrat National Convention (Charlotte, NC) September 6 - BOE/ECB rate anno
e and extends the time frame out until November expiration. Secondaries (announced/priced): DW, TRS, MWE, EDR, CLWR, EROC IPO's: N/A Key Research: Barcap initiates SCSS (ow) & ZZ (uw) and PANW (ew), Key downgrades SCSC Key Research: GS downgrades DPZ/ENVI & resumes TIBX (neut) & initiates PANW (buy)
in recent weeks. EU's Juncker declares to the media that Greece must now get its debt/gdp ratio to 120% by 2022 instead of 2020 — only to have IMF's Lagarde announce that she thinks 2020 is more appropriate shortly thereafter (a). Greek sells E4.0625 billion in 1-3 month paper this morning to roll over E
: Key Research: Key Research: Key Research: Key Research: Wells initiates HITT (op), CS initiates REGN/SGEN/XOMA (op's) & IMGN/PDLI (neutral's) Barcap initiates BERY (ew), DB initiates SDRL (buy) & downgrades CXS/NLY JPM downgrades CJES, Opco downgrades SYUT, Citi initiates BERY/SDLP (buy's) GS up
he stricken euro Telegraph<http://www.telegraph.co.uk/finance/financialcrisis/9348292/IMF-unveils-its- blueprint-to-salvage-the-stricken-euro.html> Lagarde hopes that wisdom will prevail in Germany The Times<http://www.thetimes.co.uk/tto/business/economics/article3453119.ece> Mario Monti: we have a wee
TNAV cfo resigns - GTAT increases facility - BMTI study meets goal Secondaries (announced/priced): CNDO, CNCO, HIS, AEC IPO's: N/A Key Research: Barcap downgrades CIM, Imperial initiates TPC (op), Nomura initiates FB (buy), Piper upgrades TFM Key Research: Canaccord initiates SWKS (buy) & TQNT/RFMD
Entities connected to both Lagarde and Barcap
Ike Groff
PERSON
Lesley Groff
PERSON
Barron
PERSON
Barack Obama
PERSON
Bloomberg L.P.
ORGANIZATION
Angela Merkel
PERSON
Horizon
ORGANIZATIONNomura
ORGANIZATION
Piper
PERSON
Wells
ORGANIZATION
François Hollande
PERSONJanney
PERSON
Bernanke
PERSONEmpire Manufacturing
ORGANIZATION
David Cameron
PERSON
Draghi
PERSONCanaccord
ORGANIZATION
Ghislaine Maxwell
PERSON
Credit Suisse
ORGANIZATION
Nicolas Sarkozy
PERSON