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CAT Barcap upgrades ORA, Jeff cuts JNJ/NKTR & upgrades SQNM (buy) MS upgrades TRIP & cuts IQNT CS downgrades JCP/VRTX, Baird upgrades NAV, JPM and Stifel downgrade STRA, Citi upgrades CMA Exane upgrades IHG LN, Citi downgrades RYA LN, Barclays initiates Russian Oil & Gas sector GS reits conviction bu
Fin Services Conference (NYC), Barcap Auto Conference (NYC), MS Global Consumer (NYC), Earnings (HD, TJX, SKS, CSCO) Wednesday: FOMC Minutes, PPI, Retail Sales, Eurozone Industrial Production, GS Industrials Conference (Boston), UBS Global Tech Conference (NYC), MS TMT Conference (Barcelona), Earnings (ANF,
led/priced): Synacor (SYNC) 6.8M shares priced at $5, GSE Holding (GSE) 7M shares priced at $9 Key Research: Barcap intiates GILD (ow) & IDIX (ew), Stifel initiates TIE (hold), SocGen upgrades CS, BB&T initiates MTW (hold) Key Research: Citi downgrades AKS and MASI (sell) & initiates COH/RKT (buy's) &
mes.com/news/a20120209PD215.html> Key Events Next Week EFTA00420117 Monday: White House to publish F13 budget, Earnings (FIS, MAS, RAX) Tuesday: Retail Sales, Import Prices, Eurozone Industrial Production, ZEW Survey, Stifel Transportation Conference (Key Biscayne), GS Tech & Internet Conference (SF), Ear
S initiates PF (neut) & MDVN/BMRN (buys) & initiates INFI/PCYC/SGEN (neut's) & INCY (sell) • ISI downgrades HOLX, Jefferies assumes MTD/LIFE (hold), Stifel initiates OMTH (buy) ••• Wells initiates CHS/KORS/ANF/GPS/URBN (op) & ANN/JWN/KSS/LULU/M/RUE/TJX/TIF/AEO (mp) & JCP (up) ;••• William Blair initiat
C), D.A. Davidson Financial Services Conference (Seattle, WA), Earnings (CTSH, LINTA, ATVI, CTL, MNST, NWSA, EXPD) Thursday: Wholesale Inventories, Retail Sales, BOE rate decision, Earnings (AES, APA, CVC, DF, PCP, WIN, XRAY, CFN, NVDA) EFTA00390878 Friday: Treasury Budget Statement, G8 Fin Min / central
overweight over 12-months & initiates USAC (buy) EFTA00396178 •••• JPM upgrades NKE, MLV & Co downgrades ALNY, Roth initiates COSI/HYGS (buy's) • Stifel upgrades USBNVFC (buy's) & cuts FITB/PDH and CMA/KEY (sell), RBC upgrades AOL ••• KBW upgrades RNST & downgrades PRI and SIAL (sell), Barcap initiat
al Institutions Investor Conference (Miami), GS Technology and Internet Conference (SF), Earnings (AVP, FIS, FOSL, KO, MHP, MMC, GT, WU) Wednesday: Retail Sales, Import Price Index, Business Inventories, MBA Mortgage Applications, Eurozone IP, BOE releases Quarterly Inflation Report, Bofa Insurance Conferenc
rgins strengthened but forecast bit light (trading +1%) • Carter's initiates 16c/share quarterly dividend and approved $300M share buyback plan • Stifel profit down in Q1 due to costs related to acquisitions but global wealth posted records • ABB CEO Joe Hogan leaving for personal reasons, date to b
concealing billions in offshore tax havens Guardian • Labour must stand firm: no to a referendum on Europe Guardian Key Events Next Week Monday: Retail Sales, Business Inventories, China FAI/retail sales/IP, Eurozone FinMin meeting, Imperial Capital Consumer Summit (Santa Monica), Earnings (ANTH, TTWO) T
Entities connected to both Stifel and Retail Sales

Lesley Groff
PERSONIke Groff
PERSON
Barron
PERSON
Bloomberg L.P.
ORGANIZATIONBaird
PERSONBarcap
ORGANIZATION
Barack Obama
PERSONJefferies
ORGANIZATION
Wells
ORGANIZATION
Angela Merkel
PERSON
Horizon
ORGANIZATION
Piper
PERSON
Stanford University
LOCATIONEmpire Manufacturing
ORGANIZATIONNomura
ORGANIZATION
Michigan
LOCATION
Bernanke
PERSON
Moody's
ORGANIZATION
Tony Blair
PERSONCanaccord
ORGANIZATION