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ofa cuts SO & upgrades NVE Key Research: UBS downgrades DANOY & initiates AHS/CCRN/LPNT/ASGN/THC/UHS/VHS (nut's) an CYH/HMA (buy's) Key Research: Nomura upgrades Honda Motor (7267 JP) (buy), Baird upgrades CHH, BMO upgrades CSCO Key Research: Wells initiates APOL/CECO/DV/LRN (op's) and ESI/STRA/COCO
Secondaries (announced/priced): SRO, GNMK, AFFX (convert) IPO's: N/A Key Research: William Blair initiates TIF (mp), Think initiates CTXS (hold), Sterne Agee downgrades ATHN Key Research: Cantor initiates WFM/UNH/HUM (buy's) & AET/HNT/WLP (hold's), Raja downgrades EAT Key Research: GS downgrades COP/CO
(buy), Kepler downgrades CSGN SW • JPM downgrades KNIN SW/GJF NO & upgrades ETE GA, Panmure upgrades PDG LN (buy) • Natixis upgrades WPP LN (buy), Nomura upgrades AKZA NA & downgrades AKE FP • Equinet upgrades TUI GR (buy), HSBC downgrades DEB LN/TFG SJ/GARAN TI/YKBNK TI ▪ MS upgrades ASC LN & initia
HBAN • SunTrust initiates KRO (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 dow
ey Research: Bofa upgrades CNW/RMD (buys) & downgrades KNX & reinstates CHA/CHU (buys) / CHL (neutral) Key Research: Davenport upgrades SCHN (buy), Nomura downgrades VOD.LN, JPM upgrades NTLS, BofA upgrades DMND Reporting Pre-Open: COST, HRL, RL, AEO, BMO, BWS, CONN, FRO, LTXC, MDCI, NPD, PTNR, SCMR,
K customers of Sony Ericsson Canada unit - Nikkei Key Events This Week Thursday: GDP, G8 heads of state and government summit (Deauville, France), Sterne Agee Consumer Conference (NYC), Earnings (BIG, HNZ, PDCO, TIF, MRVL) Friday: Personal Income & Consumption, Pending Home Sales, Earnings (SDRL, MENT, RY
Entities connected to both Nomura and Sterne Agee

Lesley Groff
PERSONIke Groff
PERSON
Bloomberg L.P.
ORGANIZATION
Barack Obama
PERSON
Barron
PERSONBaird
PERSONBarcap
ORGANIZATIONJefferies
ORGANIZATION
Piper
PERSON
Wells
ORGANIZATION
François Hollande
PERSON
Michigan
LOCATIONStifel
ORGANIZATION
Moody's
ORGANIZATION
New Zealand
LOCATION
Tony Blair
PERSON
Las Vegas
LOCATION
Philadelphia Fed
ORGANIZATIONCanaccord
ORGANIZATION
Bill Clinton
PERSON