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full-year guidance looks better (trading +2.0%) • Diageo to buy 53.4% stake in India's United Spirits Ltd. for $2.04 billion (trading +0.56°/0) • Moody's is out saying that it will communicate its view on France within a few weeks • EU official says no Greek default on Nov 16 (€4 billion bond redempt
ff upgrades MNT/MOH Key Research: Nomura upgrades MMM, Raja initiates ABMD (mp) & upgrades CCOI, Piper cuts MDRX Key Research: Baird upgrades FAST, Mizuho initiates FRX (buy), JPM upgrades MRO & downgrades CSCO Key Research: Wells initiates PVTB (mp), BB&T initiates WWW (hold), Steme Agree upgrades OZR
ing European Sectors: Tech -1.76%, Basic Resources -1.73%, Telco -1.3% HOLX sees revs below est - ELY 12% workforce cut - RAH rating under review at Moody's Notable Options Activity Yesterday: SBAC (56.77 -1.6%) opening cust bought 3500 sep 50 puts paying up to .50 earnings in early aug pretty notable
y Research: ADTN Key Research: cuts PRGO Key Research: cuts HRL (sell) Key Research: ISI initiates CVS/MCK/ABC (ow) & CAH/ESRX (mw) & WAG (uw), Mizuho downgrades ADTN Key Research: Stifel initiates TRN/GBX (buys) & ARII/RAIL (hold) & downgrades ADTN, BMO initiates AMZN (mp) Key Research: Raja do
ne says may act next month if economic data worse than expected French central bank governor Christian Noyer says French banks can handle a default Moody's downgrades long-term debt rating of 8 Greek banks (ratings carry a negative Hewlett-Packard confirms naming Meg Whitman as President & CEO (backs of
7362 IR/KMT/OAS (buys) Key Research: Citi downgrades ZMH (sell), Barclays downgrades GR/EW & upgrades NOVA Key Research: GS initiates VIP (sell), Mizuho downgrades STP/TSL & initiates INAP (buy), Ticonderoga initiates FEIC (buy) Key Research: UBS resumes Retailers & initiates PPG/NLY (neutrals) & AG
rs resist inheritance reform FT • Fracturing of UK politics complicates general election FT • PwC sold 'tax avoidance on industrial scale' FT • Moody's urges slower bank bonus payouts FT EFTA00357142 • Spain's lauded transition to democracy under fire FT • Arrest of 'tiger' Zhou Yongkang sheds
owngrades SEIC • JPM initiates ALL/AON/MMC (ow) and ACE/PGR/TRV (neut) and CB/UW (uw) & downgrades SLB • Macquarie upgrades SM, DB cuts DOV (sell), Mizuho downgrades WAG, Northland initiates PMCS (op) • Opco initiates NXPI (op) & upgrades AEO & downgrades APTO/SVU, Roth initiates NDRM/JYNT (buy) • RBC
Entities connected to both Moody's and Mizuho

Bloomberg L.P.
ORGANIZATION
New Zealand
LOCATION
Norway
LOCATIONIke Groff
PERSON
Lesley Groff
PERSON
Denmark
LOCATION
Finland
LOCATION
Angela Merkel
PERSON
Barron
PERSON
Credit Suisse
ORGANIZATION
Barack Obama
PERSON
Michigan
LOCATION
Samantha Power
PERSONJefferies
ORGANIZATIONBaird
PERSONNomura
ORGANIZATIONUtilities
ORGANIZATION
Wells
ORGANIZATION
Tony Blair
PERSONStifel
ORGANIZATION