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grades PEB, Jefferies initiates SCVL/BWS (hold) ••• JMP initiate HDP (op), RBC upgrades ARMK, Longbow downgrades WDC, Roth initiates WATT (buy) ••• Nomura, DB, JPM, GS initiate AXTA, Mizuho initiates COH/KORS (neut), PacCrest initiates DISCA (sp) & TWX (op) Europe Key Research: KBC reinitiates TESB BB
l vote (round 2), O3 GDP, U. of Michigan Confidence Index, New Home Sales Nov, Personal Income & Spending, Earnings (WAG) Wednesday: Christmas Eve, MBA Mortgage Applications, BOJ Minutes Thursday: Christmas (Markets closed) Friday: Boxing Day (European markets closed), China industrial profits Nov Key Events on the Hor
& downgrades BMO & initiates MNST, Roth downgrades SCTY .. DB downgrades GFI & upgrades CPA, Wells initiates LMOS (op), Citi upgrades MDRX (buy) • Nomura initiates KMX (buy), BMO initiates CBS/DIS (op's) & NWSA/WXNIAB (mp's) ••• Evercore initiates RJF (ow), Jeff downgrades CI & upgrades WLP (buy) •••
drawer? Daily Mail • Europeans disillusioned and divided by debt crisis, survey finds Guardian Key Events This Week Wednesday: European O1 GDP's, MBA Mortgage Applications, US PPI & IP, NAHB Housing Index, Empire Manufacturing, TIC Flows, BofA Global Transports Conf, BofA Global Metals/Mining/Steel Conference begins (B
(mp), Citi upgrades BIM (buy), Raja downgrades CBL • HSBC initiates MDR (neut) & downgrades CAM, SocGen downgrades NBL, Wells initiates ZBRA (mp) • Nomura upgrades PCS, Avondale downgrades ANN, Canaccord cuts TEVA, DB upgrades NTES (buy) • Jeff initiates PAY (hold), Roth downgrades SKUL Europe Key Res
ogy 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 Conference (NYC), Leerink Swann Global Healthcare Conference EFTA00396069 (
ST & downgrades PRI and SIAL (sell), Barcap initiates USAC (ow) • Key upgrades KNX/SWFT/HTLD (buy's) Europe Key Research: • Citi downgrade TCG LN, Nomura upgrade ETL FP, JPM upgrade BBVASM, LKOH RM, NEX FP • BofAML downgrade RICHT HB, CGL LN, upgrade KOZAL TI, reinstate ABE SM (n), ATL IM (up), ••• G
ogy 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 Conference (NYC), Leerink Swann Global Healthcare Conference (NYC), Earnings
Entities connected to both Nomura and MBA Mortgage Applications

Lesley Groff
PERSONIke Groff
PERSON
Bloomberg L.P.
ORGANIZATION
Barack Obama
PERSON
Barron
PERSON
Horizon
ORGANIZATIONBarcap
ORGANIZATION
Stanford University
LOCATIONBaird
PERSONJefferies
ORGANIZATION
Ghislaine Maxwell
PERSONStifel
ORGANIZATION
Samantha Power
PERSON
David Cameron
PERSON
Angela Merkel
PERSONEmpire Manufacturing
ORGANIZATION
Wells
ORGANIZATION
François Hollande
PERSON
Eric Trump
PERSON
Michael Jackson
PERSON