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OSUR IPO's (filed/priced): N/A Key Research: UBS initiates AAPL (buy $740pt) and EMC (buy) & downgrades SYT/DUK, BMO downgrades SUI Key Research: Jefferies downgrades HMSY/AGP, Stifel downgrades HGG, Wells initiates VPHM (mp) and REXX (op) Key Research: Susquehanna initiates NXPI (neut), JMP initiates
380 superjumbo sales in 2012 (trading -3.3%) Britvic profit warning (poor weather & fruit shoot bottle cap at fault) (trading -15.8%) Telefonica (TEF SM) is considering to sell stake of its Latin American subsidiaries (Cinco Dias) Centrotherm (German solar) submits application to start insolvency pr
arcap upgrades LNC & downgrades RGA, GS upgrades GPC and SFUN (buy) • Imperial upgrades ZBRA/GDP and initiates SBGL (op), RBC initiates ATEN (op) • Jefferies upgrades UNFI (buy) and initiates HLT (hold), Nomura upgrades GHL & cuts MSI EFTA00370916 • Raja initiates NMBL (op), Baird initiates LPI (op), UB
PH LN/DIA LN • Jefferies assumes UNA NA/WPRO IN (hold) and TCS IN (buy), Bofa reinstates IRAO 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 MEO1
s at $23.00 EFTA00391982 US Key Research: • BMO upgrades NOK, Compass Point downgrades PAY, Wells initiates CHDN/COF (op's) • GS upgrades VRTX, Jefferies upgrades EE (buy) & initiates WCG (hold) and GASS (buy) • RBC initiates MITL (sp), Jeff initiates WCG (hold) and GASS (buy)b. Riley intiates ADBE (b
SEB upgrade IFSB SS, ORNBV FH • Exane downgrade ES IM, ELE FP, Chev restart SKFB SS (up), SAND SS (up), ALFA SS (up), ATCOA SS (op) • Bern upgrade TEF SM, Beren initiate LO24 GY (b), Equinet upgrade RHM GY, KBC upgrade AKZA NA • Nordea downgrade NOK1V FH, AFB SS, initiate ALGETA NO (b), upgrade NZYMB
Entities connected to both Jefferies and TEF SM

Bloomberg L.P.
ORGANIZATION
Lesley Groff
PERSONIke Groff
PERSON
Barron
PERSON
Blackstone
ORGANIZATIONBaird
PERSONBarcap
ORGANIZATION
Horizon
ORGANIZATIONBerenberg
ORGANIZATIONLiberum
PERSONImperial
ORGANIZATIONBilliton
ORGANIZATIONCompass Point
ORGANIZATION