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submitted to obtain EU competition clearance for acquisition • Siemens to cut 4,700 additional jobs in lightning unit in attempt to save 16 Euros (Bloomberg) • French consumer spending fell 0.2% in October m/m (-0.5% y/y) as jobless claims rose to 14 yr high • Ex-ECB board member Gonzalez-Paramo said
initiates COP/MRO/MUR (op's) & HES/OXY (mp's) & upgrades ULTA Citi initiates FRX/AGN/LLY/PFE (buy's) and BMY/MRK (neut's), Key initiates CTS (hold) Mizuho upgrades STJ (buy) & initiates QCOR (neut), KBW upgrades WAC, Raja & UBS cuts YUM Longbow initiates UPIP (mp) and CBM/SWK (neut's), Macquarie upgrad
ta: Jobless Claims / Import Price Index @ 8:30am, Bloomberg Consumer Comfort @ 9:45am, Treasury Monthly Budg
y Research: ADTN Key Research: cuts PRGO Key Research: cuts HRL (sell) Key Research: ISI initiates CVS/MCK/ABC (ow) & CAH/ESRX (mw) & WAG (uw), Mizuho downgrades ADTN Key Research: Stifel initiates TRN/GBX (buys) & ARII/RAIL (hold) & downgrades ADTN, BMO initiates AMZN (mp) Key Research: Raja do
estimates across the board and sees "boatload" of price increases (trading +5.5%) McDonalds raises quarterly cash dividend by 15% to 70c from 61c (Bloomberg estimate = 68c) yesterday Raytheon authorized an added $2 billion worth of share buybacks after the close Bank of America in exclusive talks to s
7362 IR/KMT/OAS (buys) Key Research: Citi downgrades ZMH (sell), Barclays downgrades GR/EW & upgrades NOVA Key Research: GS initiates VIP (sell), Mizuho downgrades STP/TSL & initiates INAP (buy), Ticonderoga initiates FEIC (buy) Key Research: UBS resumes Retailers & initiates PPG/NLY (neutrals) & AG
ntial vote to next week from February in a risky move to save his coalition (first round of voting now on Dec 17 with further polls on Dec 23 & 29). Bloomberg notes that 'failure to install a candidate after three attempts [need 180 votes) would prompt the collapse of Samaras' coalition and the dissolutio
owngrades SEIC • JPM initiates ALL/AON/MMC (ow) and ACE/PGR/TRV (neut) and CB/UW (uw) & downgrades SLB • Macquarie upgrades SM, DB cuts DOV (sell), Mizuho downgrades WAG, Northland initiates PMCS (op) • Opco initiates NXPI (op) & upgrades AEO & downgrades APTO/SVU, Roth initiates NDRM/JYNT (buy) • RBC
NX, ZIGO Economic Data: Jobless Claims @ 8:30am, Bloomberg Consumer Comfort @ 9:45am, Wholesale Inventories
iles (Q) 23.7M shares priced at $40 (top-end) US Key Research: ••• Barrington downgrades PODD, Evercore downgrades RAX, Janney downgrades CODI ••• Mizuho downgrades OFIX, Wells initiates INFI (op) & upgrades AWK, Brean cuts MFB ••• DB initiates KBR/FLR/CBI/PWR/MTZ (buys) & MDR/JEC (holds), Jefferies c
Jobless Claims @ 8:30am, Markit US PMI @ 8:58am, Bloomberg Consumer Comfort @ 9:45am, Construction Spending
ates CSL (mp), DA Davidson cuts MDU ••• Susquehanna initiates GES (neut), Key downgrades PZZA, Brean downgrades ITRI (sell) • Longbow upgrades RBC, Mizuho downgrades ENTR, RBC downgrades RBC, JPM upgrades YELP ••• FBR initiates GPS/CRI (op) & ASNA (up) & ANN/CHS/PLCEJLTD (mp), Evercore initiates EVC (o
Entities connected to both Bloomberg L.P. and Mizuho

Barack Obama
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Julie K. Brown
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Michael Jackson
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Samantha Power
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Michigan
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Lesley Groff
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David Cameron
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Seattle
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European Parliament
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Angela Merkel
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Denmark
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Stanford University
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Moody's
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