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cuts GLE FP Key Research: Key Research: downgrades BLT Key Research: ASSAB SS Key Research: (op) HSBC upgrades GENL LN / MOBB BB / AKZA NA, Nomura downgrades STL NO, Santander Commerzbank upgrades KNIN VX, Santander upgrades CA FP, HSBC downgrades SY1 GY BofA downgrades NEX FP & TEMN SW, CS in
iew strategic options and suspend dividend (trading -26%) Infosys cuts FY13 dollar sales growth guidance to 5% from 8-10% (INFO IN trading -8.3%) Dentsu offers 240p in cash for Aegis (AGS LN) valuing company at £3.16 billion = 48% premium spending Calix (carrier infrastructure) cuts guidance on slo
& 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) •••
tter than expected at +1.0% versus estimate +0.5% • Rusal (world's largest aluminum producer) swings to quarterly profit in Q1 as demand climbs • Dentsu full-year profit guidance misses consensus estimates (#'s out after the close) • Sharp forecasts profits above consensus, changes top management (#
(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
.3% m/m vs est +1.4%, Dec imports -1.3% vs est +1.6% • Italy December industrial production +0.4% m/m vs est +0.3% (nsa -9.3% y/y vs est -7.3%) • Dentsu leaves forecast unchanged after surge in 9-month profits (#'s out after the close in Japan) • Nissan profit misses estimates on China slump and US
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