Epstein Secrets

TVVOU (buy) & upgrades SMLP/NCLH (buy), Imperial initiates VRNS (op) ••• Jefferies initiates AKRX/ANAC/PRGO/XNPT (buy), JMP initiates HIVE (mp) ••• Jefferies assumes NKTR/PCRX/SHPG/SLXP/TEVANRX (buy) & AGN/SGNT/SUPN (hold) ••• KBW upgrades LION, Raja initiates ERIC (mp), Roth initiates GSVC (buy) ••• Sti

rades NFLX (buy), Citi upgrades SRPT, CS upgrades FB ••• GS initiates HIVEJTVVOU (buy) & upgrades SMLP/NCLH (buy), Imperial initiates VRNS (op) ••• Jefferies initiates AKRX/ANAC/PRGO/XNPT (buy), JMP initiates HIVE (mp) ••• Jefferies assumes NKTR/PCRX/SHPG/SLXP/TEVANRX (buy) & AGN/SGNT/SUPN (hold) ••• KBW

5th consecutive gain for the S&P on the lightest volume day of the year by far, SPA's are currently flat = 1864.30 last. "'House Price Index @ 9am, Existing Home Sales @ 10am*" ""Bernanke speaks @ 11:45am, China Flash PMI for April tonight" ***BK, CMCSA, HOG, IPG, ITW, MCD, OMC, RF, SPG, TRV, UTX, XRX pre-open"'

FMS (neut), DB upgrades CHRW/SEMG (buys) Key Research: GS resumes ETP (neut), SocGen adds BN FP to Premium List, BMO downgrades CMA Key Research: Jefferies upgrades CNOOC (883 HK), Stifel initiates BX (buy), Nomura upgrades GPN (buy) Key initiates WIRE (hold), Piper initiates Wunderlich downgrades FSL

50% by mid-2013 DigiTimes<http://www.digitimes.com/news/a20120417PD216.html> Key Events This Week Thursday: Leading Indicators, Philadelphia Fed, Existing Home Sales, G20 Finance meeting begins, Earnings (BAC, BST, DD, FCX, FITB, KEY, LUV, MS, PM, VZ, MSFT, CMG) Friday: Options Expiration, Earnings (AEP, GE, HON

rch: DB initiates CYMI (hold), Raja downgrades APKT, RBC downgrades MRVL, CLSA initiates BEAM (up) EFTA00406607 Key Research: Evercore cuts GRPN, Jefferies raises AAPL pt & downgrades VVUS, Wells upgrades VIAB Key Research: JPM upgrades COG & initiates HFC/VLO (neut's) and PSX/TSO (ow's), FBR initiate

rnings (LOW, URBN) Tuesday: Piper Jaffray California Restaurant Tour, Earnings (BBY, MDT, ADI, DELL, INTU, WTSLA) Wednesday: FOMC Meeting Minutes, Existing Home Sales, Earnings (AEO, HPQ, GES, KKD) Thursday: Flash PMIs (US, China & Europe), Merkel & Holland meeting in Berlin (talks & dinner), New Homes Sales, Ear

741) files $10.7M IPO through Cuttone & Co and Axiom Capital US Key Research: ••• GS downgrades EGP, Evercore upgrades FRT (buy) & downgrades PEB, Jefferies initiates SCVL/BWS (hold) ••• JMP initiate HDP (op), RBC upgrades ARMK, Longbow downgrades WDC, Roth initiates WATT (buy) ••• Nomura, DB, JPM, GS i

ews flow is light as expected. Russia $RTS +4.2% as WTI Crude ticks +0.70% to $57.53/bbl. In the US we will have the Chicago Fed before the open and Existing Home Sales a little later in the morning. SPA's +3 handles = 2070.90 last. ***Chicago Fed @ 8:30am, Existing Home Sales @ 10am*** • Soitec cuts 2015-16 targ