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bee4-11el-bebe- 00144feabdc0.htmliaxzzlysXgsRcW> Merkel'sD-bond deal wins fiscal pact vote FT<http://www.
rch: Stifel assumes RTN (buy) & GD/LMT/NOC/LLL (holds), Cantor initiates ZMH/SYK (holds) Key Research: Piper downgrades VCLK & initiates TITN (ow), Canaccord initiates MM (buy), Jefferies downgrades PEG Key Research: DB upgrades AZO (buy), JPM downgrades DOW, UBS downgrades EW, GS upgrades JPM & cuts MS
some attention in the press (note CS is still the highest rated IB in the world & a 2-notch cut for MS was consensus despite fears of 3). Hollande, Merkel, Rajoy & Monti meeting in Rome today ahead of the key EU Summit next week and the proposal to allow the EFSF/ESM to buy peripheral sovereign debt w
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
as new CEO effective June 18 est +0.0%) EFTA00411519 Moody's downgrades 7 German & 3 Austrian banks (Deutsche Bank review still not concluded) Merkel adviser Franz says Spain should urgently approach the ESM for funding to recap banks Senior CDU official does not see current EFSF rules allowing i
grades PHM/RYL/SWN, BNP upgrades RRC (buy) Key Research: DB upgrades TTM and NU (buy), Wells upgrades DKS & initiates FRC/VRSN (op's) Key Research: Canaccord upgrades FST (buy), FBR downgrades SYMC, MS initiates EDG (ow) & MRC EFTA00411520 (uw) Reporting Pre-Open: BF.B, AHONY, AMSC, BV, CYBX, HOV, MTN
ECeG> The Greek crisis will fast expose Mr Hollande FT Comment<http://www.ft.com/cms/s/0/77e65d0e-9608-11e1-9d9d-00144feab49a.htmlffaxzzluFoJECeG> Merkel urges Athens to stick with reform FT<http://www.ft.com/cms/s/0/fb8abe22- 9845-11e1-8617-00144feabdc0.html#axzzluFoJECeG> Eurozone crisis: democracy
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
day and all of Europe will be closed on Thursday and Friday). Russia $RTS +1.7% and the RUB is stronger after Putin spoke by phone with Poroshenko, Merkel and Hollande last evening and they agreed to hold the next round of peace talks tomorrow and Thursday. Saudi oil minister vows that they will not cu
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
Entities connected to both Angela Merkel and Canaccord

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