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standing) IPO's (filed/priced): Infraredx (REDX) files $55M IPO through RBC, Canaccord, and BMO US Key Research: • Ascendiant initiates JCI (buy), Barcap initiates AXTA (ew) & reinstates FLT (ow), CS initiates FUN (op), Wells initiates SONS (op) • Drexel initiates CRM (hold), JMP initiates ITCI (mp),
rades CRY, Stifel upgrades DEI, JMP initiates ITCI (op) ,Drexel Hamilton initiates CRM (hold) Europe Key Research: • Banca Akros upgrades CVAL IM, Barcap initiates IEH LN (ew), Bryan Gamier downgrades SOI FP, Handlesbanken cuts DNB NO/RCL • Exane cuts SOI FP/SCMN SW & upgrades AFR LN, GS initiates VM
0% of outstanding), TCP International (TCPI) 20.6M shares (71.5% of outstanding) IPO's (filed/priced): Infraredx (REDX) files $55M IPO through RBC, Canaccord, and BMO US Key Research: • Ascendiant initiates JCI (buy), Barcap initiates AXTA (ew) & reinstates FLT (ow), CS initiates FUN (op), Wells initiate
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)
DB downgrades SGMS & initiates KYAK (buy), Bofa downgrades VALE, GS cuts DOM LN Key Research: Nomura upgrades ITV LN, Vontobel downgrades BAER VX, Canaccord downgrades AV/ LN Key Research: Citi upgrades DELB BB, MS downgrades PSON LN, Berenberg upgrades TDC DC, Key Research: UBS upgrades ELN ID, BofA i
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
iti initiates TUMI/ZLC (buy), Bofa initiates PANW (buy), Investec downgrades SGE LN Key Research: Bofa initiates EXL (neut), GS upgrades ATK (buy), Canaccord initiates LCI (buy), Cheuvreux downgrades AGL IM Key Research: Equita downgrades AGL IM, Numis upgrades G4S LN, HSBC upgrades KBC BB, Seymour downg
TNAV cfo resigns - GTAT increases facility - BMTI study meets goal Secondaries (announced/priced): CNDO, CNCO, HIS, AEC IPO's: N/A Key Research: Barcap downgrades CIM, Imperial initiates TPC (op), Nomura initiates FB (buy), Piper upgrades TFM Key Research: Canaccord initiates SWKS (buy) & TQNT/RFMD
HIS, AEC IPO's: N/A Key Research: Barcap downgrades CIM, Imperial initiates TPC (op), Nomura initiates FB (buy), Piper upgrades TFM Key Research: Canaccord initiates SWKS (buy) & TQNT/RFMD (holds), Telsey initiates ADS/DFS/COF/AXP/V/MA Key Research: GS adds VOW GR & VOD LN to Conviction Buy List & cuts
the end of June. Secondaries (announced/priced): PMT, KKD, SAVE (block trade), ULTA & WWWW (holders), CLMT IPO's (filed/priced): N/A Key Research: Barcap upgrades VECO & downgrades BP & initiates RXN (ow) and MM few), Wells upgrades VRTX Key Research: Canaccord initiates UTEK (buy) & upgrades XEC (bu
IPO's (filed/priced): N/A Key Research: Barcap upgrades VECO & downgrades BP & initiates RXN (ow) and MM few), Wells upgrades VRTX Key Research: Canaccord initiates UTEK (buy) & upgrades XEC (buy), upgrades NNN Key Research: DB upgrades LPX (buy), Imperial initiates URS (op) & downgrades NCMI, Atlanti
(MRD) files $700M IPO through Citi IPO's (lock-up expires): Antero Resources (AR), MacroGenics (MGNX) Western Refining (WNRL) US Key Research: ••• Barcap initiates TRLA (ew), DB upgrades ANNEM & initiates MCHX (buy) ••• GS downgrades CNVR (sell) & initiates AAL (buy) & upgrades ADI, BMO cuts MAT •••
ell), UBS downgrades PC IM, CM-CIC downgrades EN FP (sell) • Kepler upgrades ZOT SM & cuts ROVI SM & reinstates SCYR SM (buy) and FCC SM (reduce) • Canaccord cuts SYR LN (sell) & upgrades ABC LN & initiates GMS LN (buy), Berenberg upgrades LEI GR (buy) Reporting Post-Close: MY, SHLM, TISI, ZEP Economic D
ock below $21.35 at expiration. Secondaries (announced/priced): N/A IPO's: Cancer Genetics (CGIX) files $50M through MBlair & Baird Key Research: Barcap upgrades RPXC/CYMI/LSI/MU & downgrades AMAT/CODE/FSL/INTC/MCHP & initiates CXS (ew) and WPX (ow) Key Research: Citi upgrades VFC (buy) & downgrades
ades GPI/PMCS/SNDK & MCHP/ISIL (sells) & upgrades ALTR/ATML/SMTC (buy), Janney downgrades AKAM Key Research: MS upgrades ENR/HOLX & downgrades BDX, Canaccord downgrades PETD, DB initiates AAP/DLPH/CMG (buys) Key Research: Jeff upgrades AEO/ANN (buys) & downgrades ONXX/GR, Bofa downgrades HLS/KND, Multip
Entities connected to both Barcap and Canaccord
Ike Groff
PERSON
Lesley Groff
PERSON
Barron
PERSONBaird
PERSON
Barack Obama
PERSON
Bloomberg L.P.
ORGANIZATION
Piper
PERSONJefferies
ORGANIZATION
Angela Merkel
PERSONNomura
ORGANIZATIONStifel
ORGANIZATION
Horizon
ORGANIZATION
Michigan
LOCATION
Wells
ORGANIZATIONJanney
PERSON
François Hollande
PERSON
Bernanke
PERSON
Stanford University
LOCATIONBerenberg
ORGANIZATIONEmpire Manufacturing
ORGANIZATION