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pco initiates ORBK (op), Raja initiates YUM/VRA/MCD (op's), JPM initiates RMBS (ow) Key Research: Stifel initiates PAG/GPI/FIO (buys) & ABG (hold), Jefferies initiates EFTA00427362 IR/KMT/OAS (buys) Key Research: Citi downgrades ZMH (sell), Barclays downgrades GR/EW & upgrades NOVA Key Research: GS in
g PMI, Japan CPI & Industrial Production, Earnings (MU) Friday: Month/Quarter End, Personal Income & Consumption, Chicago PMI, Michigan Confidence, China PMI, US gas tax expires, Deadline for Bank of Spain announcement on Spanish bank recapitalization Saturday: China's National Day holiday begins Ike Gr
s below — SIMG topped Secondaries (announced/priced): NLCH, TRS, STNG, BCRX, CUZ, FER SM IPO's: N/A US Key Research: ••• Atlantic downgrades XYL, Jefferies downgrades OPTR, Wells cuts NVDA/ROK & upgrades TVL ••• BMO cuts DCI, RBC upgrades GGP, SunTrust initiates GDP (buy), Evercore upgrades WU • JPM up
eholder meeting, Eurozone June PPI, China non-manufacturing PMI July, Earnings (ANR, CBOE, CVC, CVX, EAT, RBS, TXU, OZM, VIA) Sunday: HSBC services China PMI (Sunday night) Key Events on the Horizon August 21 — Fed Minutes from July30/31 FOMC meeting August 22-24 — Jackson Hole Annual Economic Policy Sy
IPO priced at $18 (above), Ardmore Shipping (ASC) 10.0M share IPO prices at $14.00 (below) EFTA00386462 US Key Research: • ISI downgrades MDAS, Jefferies downgrades EDG & increases AAPL pt, Roth cuts BJRI ••• Opco upgrades GPN & initiates MJN (perform), Citi cuts JCP (sell) & upgrades LPLA (buy) • DB
eholder meeting, Eurozone June PPI, China non-manufacturing PMI July, Earnings (ANR, CBOE, CVC, CVX, EAT, RBS, TXU, OZM, VIA) Sunday: HSBC services China PMI (Sunday night) Key Events on the Horizon August 21 — Fed Minutes from July30/31 FOMC meeting August 22-24 — Jackson Hole Annual Economic Policy Sy
Entities connected to both Jefferies and China PMI

Bloomberg L.P.
ORGANIZATION
Lesley Groff
PERSONIke Groff
PERSON
Barron
PERSON
Barack Obama
PERSONNomura
ORGANIZATION
Bernanke
PERSON
Michael Jackson
PERSON
Horizon
ORGANIZATION
Evercore
ORGANIZATIONMizuho
ORGANIZATIONChicago PMI
ORGANIZATIONBOEJECB
ORGANIZATIONPersonal Income & Spending
ORGANIZATIONURKA LI
PERSON
Larry Summers
PERSON
Airbus
ORGANIZATIONNXT LN
ORGANIZATIONLeisure, Restaurants (NYC
ORGANIZATION