HBAN • SunTrust initiates KRO (reduce), Citi downgrades MDP, PacCrest upgrades NFLX • Jefferies cuts NGLS/EPD, Baird upgrades SCTY, Stifel cuts R, Sterne Agee upgrades BOFI (buy) Europe Key Research: :••• Bofa downgrades SDRL NO/BAW SJ/ARTC DB & upgrades HTO GA (buy), Investec cuts DIA LN • Berenberg dow

TA00411370 IPO's (filed/priced): N/A Key Research: Key Research: Key Research: Key Research: Key Research: Jeff cuts ADBE, Citi upgrades BBY, Sterne Agee initiates BPOP (neutral), Cantor initiates IMGN (hold), GS upgrades RF (buy), JMP downgrades HGSI, DB upgrades ATI/CEDC (buy's) & downgrades ABB, R

tail Conference (Boston), Earnings (COST, RL, AEO, CSC, NTAP, TOL, STP) Thursday: GDP, G8 heads of state and government summit (Deauville, France), Sterne Agee Consumer Conference (NYC), Earnings (BIG, HNZ, PDCO, TIF, MRVL) Friday: Personal Income & Consumption, Pending Home Sales, Earnings (SDRL, MENT, RY

Warehouse (CHEF) files $100M through Jefferies IPO's (lock-up expires): Campus Crest Communities (CCG) Key Research: Soleil reduces KFT estimates, Sterne Agee initiates DDS (buy), Madison Williams downgrades FST/IOC Key Research: Wells initiates R (op) & raises DE estimates, Jefferies downgrades WMS & in

BC upgrades Key Research: CRT initiates HII (buy) and MRCY/LLL/RTN/AVAV (fairly GD/LMT/NOC/IRBT (sell's) Key Research: Wunderlich downgrades UBNT, Sterne Agee initiates ANF WWW Key Research: PSX (neut) Key Research: MAS, Canaccord cuts PLX valued) and (neut), Jeff upgrades Piper initiates VIPS (ow),

Secondaries (announced/priced): SRO, GNMK, AFFX (convert) IPO's: N/A Key Research: William Blair initiates TIF (mp), Think initiates CTXS (hold), Sterne Agee downgrades ATHN Key Research: Cantor initiates WFM/UNH/HUM (buy's) & AET/HNT/WLP (hold's), Raja downgrades EAT Key Research: GS downgrades COP/CO

Think initiates QIHU (buy) and YOKU/CTRP (hold) Key Research: MS upgrades DOW/STJ/AFFX, UBS downgrades ADI/MRVL & initiates UA (buy) Key Research: Sterne Agee upgrades EZPW, Multiple brokers initiates GLOG, BMO upgrades SMG/PKY/ARNA Reporting Pre-Open: DF, M, TEVA, ABVT, AEZS, AGU, AH, AMRI, AOL, ARIA, AS

etail Conference (Boston), Earnings (COST, RL, AEO, CSC, NTAP, TOL, STP) Thursday: GDP, G8 heads of state and government summit (Deauville, France), Sterne Agee Consumer Conference (NYC), Earnings (BIG, HNZ, PDCO, TIF, MRVL) Friday: Personal Income & Consumption, Pending Home Sales, Earnings (SDRL, MENT, RY

K customers of Sony Ericsson Canada unit - Nikkei Key Events This Week Thursday: GDP, G8 heads of state and government summit (Deauville, France), Sterne Agee Consumer Conference (NYC), Earnings (BIG, HNZ, PDCO, TIF, MRVL) Friday: Personal Income & Consumption, Pending Home Sales, Earnings (SDRL, MENT, RY

ANALYST ACTION: HARRAH'S In a tough-worded, 24-page report, David Hargreaves of Sterne Agee said Harrah's Operating Company may breach its 4.75 —times leverage covenant in the second half of the year, adding that the Operating Company has