ARMK, Longbow downgrades WDC, Roth initiates WATT (buy) ••• Nomura, DB, JPM, GS initiate AXTA, Mizuho initiates COH/KORS (neut), PacCrest initiates DISCA (sp) & TWX (op) Europe Key Research: KBC reinitiates TESB BB (accumulate), Citi downgrades FLU AV, HSBC downgrades SSE LN, RBC upgrades HOME LN •

ade GKP LN, downgrade IFL LN, Beren downgrade TEL NO ▪ RAYJ downgrade ADP FP, Investec upgrade AFR LN, downgrade FPM LN, AOI SS Reporting Pre-Open: DISCA, DTV, EMR, FE, FOSL, HCN, HSIC, NRG, PRGO, TAP, ACM, AER, AFAM, AKRX, ALLT, AMRI, ARCC, ARIA, AVIV, BABY, BLT, BR, CCOI, CHTR, CKP, CLVS, CMLP, CMLS

A, DE, DPS, DUK, LO, AMAT, CSCO, MDLZ, WFM) Thursday: G20 Fin Min/CB meeting (Feb 14-15), BMO Auto Finance Conference (Toronto), Earnings (APA, BWA, DISCA, GM, PEP, TAP, WM) Friday: Empire Manufacturing, US IP, Michigan Consumer Confidence, TIC Flows, Earnings (AEP, CPB, SJM, VFC, WBC) Key Events on

A, DE, DPS, DUK, LO, AMAT, CSCO, MDLZ, WFM) Thursday: G20 Fin Min/CB meeting (Feb 14-15), BMO Auto Finance Conference (Toronto), Earnings (APA, BWA, DISCA, GM, PEP, TAP, WM) Friday: Empire Manufacturing, US IP, Michigan Consumer Confidence, TIC Flows, Earnings (AEP, CPB, SJM, VFC, WBC) Key Events on

1.30 again. Copper getting hit -2.08%. Note India's Sensex -2.2% into the close on heavy foreign selling. S&P futures -7 handles = 1358.20 last. ***DISCA, DTV, WEN, MCD comps pre-open / DIS reports after close*** ***Fed's Fisher speaks at 12:45pm on ways to strengthen economy*** ***Conferences: UBS F

s Optimism, UBS Financial Services Conference (NYC), Bofa Global Tech Conference (SF), Wells Industrial and Construction Conference (NYC), Earnings (DISCA, FOSL, IFF, LINTA, TAP, THC, DIS) Wednesday: MBA Mortgage Applications, Wholesale Inventories, III. Davidson Financial Services Conference (Seattl

I, WIN, AFL, ALL, BIDU, FLEX, FLS, LOGI, NSC, NVLS, OI, SBUX) Thursday: GDP, Pending Home Sales, BOJ Target Rate, Earnings (ABC, AET, BMY, CCE, CL, DISCA, DOW, HOT, IP, IRM, MHS, MSI, NBL, OXY, PG, PHM, S, SWY, TWC, TYC, XOM, CLF, EXPE, MSFT, MWW, VRSN) Friday: Personal Income S, Consumption, Employ

g below the $13.00 level in the next two weeks, otherwise the put seller would need to buy 2mm shares for $13.00 Secondaries (announced/priced): O, DISCA, MTG, ARI, MHO, EDEN FP, DANSKE DC IPO's: Tetraphase Pharmaceuticals (TTPH) pricing 3/19, Enanta Pharmaceuticals (ENTA) pricing 3/20 US Key Researc

dbush downgrades ADVS, JPM downgrades ABFS/BDX Key Research: Lazard downgrades CBI/DNDN/EMN & initiates WSO (neut), Baird downgrades PPO, Citi cuts DISCA (sell) Key Research: Dalhman Rose cuts Airlines Sector to cautious & downgrades DAL/UAL and JBLU/SKYW (sells) Key Research: Nomura downgrades BOSS

last. ***Person Income & Spending 0 8:30am, CaseShiller Home Price Index 0 10am*** ***Chicago PMI 0 9:45am, Consumer Confidence 0 10am*** ***COH, DISCA, PFE, TYC, X i's pre-open** Seagate eps & revs miss ests (trading -8%) (no mention deal with OCZ trading -15%) Former interim CEO Ross Levinsohn wi

LF, MAR, NTAP, NVDA, VMC, Thursday: PPI, Housing Starts, Philadelphia Fed Index, KBW Cards/Payments/Financial Tech Symposium (NYC), Earnings (APA, DISCA, DTE, DTV, DUK, PCG, PGN, SJM, TAP, VFC, WM, BIDU, DVA, FTR, JWN) Friday: Options Expiration, CPI, Leading Indicators, Earnings (CPB, HNZ, VTR) (D

ist is a lack of profitability. Discovery Communications EFTA00632050 Differentiation is the key here thanks to Discovery Communications, Inc.'s (DISCA) success with docudramas. In FY2014, revenue increased 13%, adjusted earnings per diluted share improved 13%, free cash flow increased 2%, and $1.4