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els of the after-hours strength in the US following earnings beats from the likes of AAPL, FB, CTXS, TXN, etc. On the M&A front, Alstom +13% on the Bloomberg story that GE is interested in buying them for $13B although Alstom says they are unaware of any potential bid. Other than that it is the heaviest e
wngrades SCCO, Raja upgrades OKSB, Macquarie downgrades SUSS ••• Susquehanna initiates XRX (pos), UBS upgrades CIEN (buy), CLSA upgrades AAPL (buy) Europe Key Research: ••• Bofa initiates GMS LN (buy), Exane BNP downgrades ML FP/CA FP/CO FP ••• ING downgrades ARCAD NA, JPM upgrades TKAAV/NCSP LN & downgrades AFLT
FNC, WHG Economic Data: Jobless Claims @ 8:30am, Bloomberg Economic Expectations & Consumer Comfort @ 9:45am
reduce), Citi downgrades MDP, PacCrest upgrades NFLX • Jefferies cuts NGLS/EPD, Baird upgrades SCTY, Stifel cuts R, Sterne Agee upgrades BOFI (buy) Europe Key Research: :••• Bofa downgrades SDRL NO/BAW SJ/ARTC DB & upgrades HTO GA (buy), Investec cuts DIA LN • Berenberg downgrades SZU GR (sell) & upgrades RSL LN,
in Second Quarter HITC • India's Fear of Growth Bloomberg • Why Is U.S. Economic Mobility Worse in the Sou
Wells upgrades STJ, JPM upgrades CSCO, Raja downgrades LEAP RBC initiates VNTV (op) & downgrades MPW & upgrades RGLD, SunTrust initiates THO (buy) Europe Key Research: ••• UBS upgrades HGG LN & SDA1V FH, GS downgrades SPT LN & CORA NA, UBS downgrades LRE LN • Commerzbank upgrades WCH GY, JPM upgrades ADP FP & dow
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
, Stifel initiates FGEN (buy) and COG/APC/NFX/NBL (hold) • Wedbush initiates CSCO (op) and JNPR (neut), Lonbow downgrades LPX & upgrades LECO (buy) Europe Key Research: EFTA00357140 • Bofa downgrades BAYN GR/SHP LN/GSK LN/PGHN SW, Barcap downgrades ALV GRIHNR1 GR/MUV2 GR/PHNX LN & upgrades UNI IM • Berenberg in
SS, FAF, SWY, ENTR, TANT Equity/Mixed Shelfs: N/A EFTA00390387 Other Newspaper Articles & Stories • Watchdog probes 1m US swap contracts FT • Bloomberg users' messages leaked online FT • Petrobras bond sale sets record FT • France set to tax smartphones to protect culture in digital age FT • Ca
(mp's) ••• Evercore initiates RJF (ow), Jeff downgrades CI & upgrades WLP (buy) ••• Bofa removes CMCSA from U.S. 1 List, adds NWSA EFTA00390386 Europe Key Research: ••• JPM downgrade TT! LN, CS upgrade SLM SJ, MS upgrade DPW GY, Barc downgrade RIO LN, VED LN ••• BofAML downgrade BVS LN, BDEV LN, SAND SS, upgra
Entities connected to both Bloomberg L.P. and Europe Key Research

Barack Obama
PERSON
Ghislaine Maxwell
PERSON
United States
LOCATION
Michael Jackson
PERSONEmmy Taylor
PERSON
Lesley Groff
PERSON
David Cameron
PERSON
Washington D.C.
LOCATIONCourtney Wild
PERSONCarney
PERSONIke Groff
PERSON
Stanford University
LOCATION
Tokyo
LOCATIONJefferies
ORGANIZATION
Barron
PERSONSilicon Valley
LOCATIONNomura
ORGANIZATION
Wells
ORGANIZATIONBaird
PERSON
Horizon
ORGANIZATION