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y). SPA's +3 handles = 1405.50 last. ***EL, HD, TJX, DKS, SKS reporting pre-open*** ***PPI & Retail Sales @ 8:30am, Business Inventories @ 10am*** Groupon shares tumble after hours after reporting Q2 revenues that miss estimates (trading -19.8%) Sky Deutschland Q2 beat across the board, strong run rat
e and extends the time frame out until November expiration. Secondaries (announced/priced): DW, TRS, MWE, EDR, CLWR, EROC IPO's: N/A Key Research: Barcap initiates SCSS (ow) & ZZ (uw) and PANW (ew), Key downgrades SCSC Key Research: GS downgrades DPZ/ENVI & resumes TIBX (neut) & initiates PANW (buy)
cash/stock) = 29% premium to yesterdays close • Disney Q4 profit inline but revs from film & interactive units missed forecast (trading -2.5%) • Groupon drastically missed rev & profit ests (core biz almost stopped growing) (trading -15%) • International Game Tech O4 eps / revs beat & sees FY2013 ab
and $0.25. Secondaries (announced/priced): ARRY, PSLV, PVR, LMI LN (rights), PRGX, LGCY, TUMI, PAA IPO's: N/A Key Research: Janney downgrades DIS, Barcap upgrades HFC & downgrades CTXS, Jeff upgrades MNT/MOH Key Research: Nomura upgrades MMM, Raja initiates ABMD (mp) & upgrades CCOI, Piper cuts MDRX
ness whatsNews> Times Picks New Editor WSJ<http://online.wsj.com/article/SB10001424052702303657404576361342892480796.html? mod=ITP_marketplace_0> Groupon Plans I.P.O. With $30 Billion Valuation NYT DealBook<http://dealbook.nytimes.com/2011/06/02/groupon-files-to-go-public/?ref=business> The Mistake o
downgrades ALL & raises target VRUS Key Research: ISI Group initiates BMY (hold), Wedbush initiates CERS (op), Wells downgrades FRO Key Research: Barcap upgrades ARUN, Piper upgrades ZQK, Janney upgrades NWY, CS downgrades FDO Key Research: Jeff initiates FINL/SGNT/NKE (buy) & CSCO/VFC (hold), Merri
Entities connected to both Groupon and Barcap
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