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rsday: GDP, Kansas City Fed Manufacturing, EU Summit in Brussels, Earnings (FDO, CAN, NKE, RIMM) Friday: Personal Income and Spending, Chicago PMI, Michigan Confidence, EC qtrly report on EFTA00410736 Euro area, Earnings (STZ) Ike Groff 1680 Washington Blvd Stamford, CT 069011 • (203) 302-7300 1• mai
, Baird initiates SHW (neut) Key Research: Bofa upgrades JACK, BMO upgrades AIV, Wells downgrades R/RFMD & initiates RDEN/EL (op's) Key Research: MainFirst initiates construction sector (GEBN VX, AFGN SW, SIK SW, WIE AV, STR AV) Key Research: Exane initiates European Retailers (Apparel) Reporting Pre-
Independent<http://www.independent.co.uk/news/business/news/spending-fall-raises-new-fears- over-economy-7936488.html> Key Events This Week Friday: Michigan Confidence, PPI, Earnings (JPM, WFC) (focus on additional details around JPM CIO trading loss) Key Events on the Horizon July 17/18 - Bernanke giv
downgrades NEX FP & TEMN SW, CS initiates European IT Services, CS LN ING initiates DE NA (hold), Numis downgrades IHG LN, BofA uprades PHIA NA & MainFirst downgrades ASML NA, BofA downgrades BVIC LN, ING downgrades OR FP Reporting Pre-Open: FAST, PGR, CBSH, EMMS, TRIB Reporting Post-Close: ANGO, CERE,
he closing prints. June is tracking to be the busiest volume month in the US since May 2012. SPA's +6 handles = 1612 last. "*BBRY reports pre-open, Michigan Confidence @ 9:55amm "'China NBS & HSBC manufacturing PMI out Sunday night"' • Accenture profit up but cuts eps view & sales forecast missed estim
upgrades YKBNK TI, ING initiates SIP BB (h) • JPM upgrades DEB LN, Kepler initiates IPG IM, Enskilda upgrades IJ SS, SocGen initiates INFO IN (h) • MainFirst initiates LUX IM (op), SFL IM 9op), Prada (op), SFER IM (op), TOD IM (up), BC IM (up) :••• MainFirst upgrades KER FP and downgrades CFR VX & RMS FP,
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