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: Key Research: Key Research: Key Research: Key Research: Wells initiates HITT (op), CS initiates REGN/SGEN/XOMA (op's) & IMGN/PDLI (neutral's) Barcap initiates BERY (ew), DB initiates SDRL (buy) & downgrades CXS/NLY JPM downgrades CJES, Opco downgrades SYUT, Citi initiates BERY/SDLP (buy's) GS up
nce, shorted into Ws (trading +0.70%) • Vodafone H1 light, revs small miss, £2.4bn Verizon dividend inline, no consensus change (trading -4.7%) • Syngenta begins Devgen offer (to run to 12/05), receives Isopyrazam Fungicide approval (trading -0.40%) • TalkTalk H1 good, EBITDA better, raising dividend
MT, Piper downgrades PACB Europe Key Research: ••• Liberum upgrades SDF GY & ICL IT, Jefferies initiates SRG IM (buy), Citi downgrades G IM (sell), Barcap downgrades CCH LN • Alpha Value downgrades SWEDA SS, Berenberg initiates IFX GY (buy) & STM FP (sell), Mediobanca downgrades GAS SM • Berenberg i
showed all carmakers over emission limits. Healthcare names are an underperformer as Astrazeneca (-4%) miss on EPS and provide lacklustre guidance. Syngenta is trading -1.6% today to CHF 396.60 which is —19% discount to the ChemChina bid. In the US, CBS is trading +4% after Sumner Redstone resigns as cha
range), TriVascular Tech (TRIV) 6.5M shares priced at $12 (below range), Anima Holding (ANIM IM) began trading this morning US Key Research: ••• Barcap upgrades LNC & downgrades RGA, GS upgrades GPC and SFUN (buy) • Imperial upgrades ZBRA/GDP and initiates SBGL (op), RBC initiates ATEN (op) • Jeffe
ittle EUV detail, cc 9am EST (trading -3.3%) • Edenred O1 underlying numbers look ok although hurt by FX due to BrazilNenezuela (trading -2.0%) • Syngenta O1 sales +5.0% matching estimates, says on track for sales growth target (trading +1.3%) • Reckitt Benckiser numbers inline with estimates, on trac
CDR, RSE, KGX GY IPO's: City Office REIT (OFFC) files for $115M IPO through Janney and Wunderlich US Key Research: Bofa upgrades IART & cuts TCS, Barcap cuts HUMIMGLN, Berenberg cuts VECO • BMO downgrades LLY, BTIG initiates BSX/ELGX/STJ (buy) & MDT (neut) ••• Compass point downgrades KFN, CRT initi
o buy Aptalis Holdings from TPG for about $3B (WSJ) • Wellpoint agrees to sell 1-800-Contacts to THL & glasses.com to Luxottica, reaffirms FY13 • Syngenta announces Robert Berendes to leave company at the end of Q1 (trading -0.30%) • Baloise reach with agreement with employee reps, 400 job cuts by 201
Entities connected to both Barcap and Syngenta
Ike Groff
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Stanford University
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