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ch: Research: Research: GS upgrades CPHD (buy) & MYGN & downgrades DGX (sell) & reinstates TMO (buy) FBR initiates EIX (op) & downgrades AHT/DRH, MBlair initiates ALTR/XLNX (op's) Macquarie initiates EXPE (neutral) & PCLN (op), CLSA upgrades SREV (buy) KeyBanc initiates VECO & AIXG (holds), Piper up
+5.7% vs est +5.2%) Leading European Sectors: Food & Beverage +0.54%, Telecom +0.41%, Retail +0.05% Lagging European Sectors: Autos/Parts -2.46%, Basic Resources -2.24%, Construction -1.52% GIII 2M share buyback - QADA 1M shr buyback - FINL strong sales CBK cuts forecast - ENZN workforce reduction - Tunstall
) Key Research: Stifel downgrades CBOE (sell), W Blair upgrades ESI/DV/EDMC & downgrades CPLA/STRA, Bof
cutives raises inflation expectations to the highest in almost 3 years (NZD +0.95%) Leading European Sectors: Autos/Parts +1.47%, Chemicals +1.46%, Basic Resources +1.15% Lagging European Sectors: Travel & Leisure -0.75%, Banks -0.66%, Retail -0.33% HRS ceo succession plan - TWC to name new ceo - HSFT penny li
• Dutch Real Estate Gets New Lease on Life WSJ • Dutch Bank Settles Case Over Libor Deceptions NYT • We should have made cuts before crash, says Blair The Times • Europe is still bugged by weak leadership The Times • France's Malaise The Times • Pension charges could be capped to stop millions
t or near ytd highs. Although the recent move up in the US has been led by Defensives (Consumer Staples in particular), it is Autos, Oil & Gas, and Basic Resources that are outperforming this morning in Europe. Some big moves in after-hours trading last night in the US with YELP, LNKD, SFLY, IACI all trading lo
Entities connected to both Tony Blair and Basic Resources
Jefferies
ORGANIZATION
Lesley Groff
PERSON
Bloomberg L.P.
ORGANIZATIONCourtney Wild
PERSON
Angela Merkel
PERSON
Barron
PERSONIke Groff
PERSON
Moody's
ORGANIZATION
François Hollande
PERSON
Wells
ORGANIZATIONMark Camey
PERSON
Nokia
ORGANIZATIONChemicals
ORGANIZATION
Toshiba
ORGANIZATION
BofAML
ORGANIZATION
Theresa May
PERSONChristian Noyer
PERSON
McDonalds
ORGANIZATION