Quarterly Equity Research Transparency Report - J.P. Morgan · PDF fileQuarterly Equity...

Quarterly Equity Research Transparency ReportFor the quarter ended September 30, 2007 December 20, 2007

This report is required under the Global Research Analyst Settlement and provides certain information regarding JPMorgan's equity research coverage of U.S.companies and non-U.S. companies for which a U.S. market is the principal equity trading market. The information in the report is updated quarterly.

Explanation of Ratings: JPMorgan uses the following rating system: Overweight [Over the next six to twelve months, we expect this stock will outperform theaverage total return of the stocks in the analyst's (or the analyst's team's) coverage universe.] Neutral [Over the next six to twelve months, we expect this stock willperform in line with the average total return of the stocks in the analyst's (or the analyst's team's) coverage universe.] Underweight [Over the next six to twelvemonths, we expect this stock will underperform the average total return of the stocks in the analyst's (or the analyst's team's) coverage universe.]

Explanation of Price Target: JPMSI maintains price targets for Focus List stocks and selected Latin stocks. For non-JPMSI covered stocks, price targets arerequired for regional Focus List stocks and may be set for other stocks at the analysts' discretion. Where there is no price target on the covered company, asingle asterisk will appear on the report in its stead.

Earnings and price targets have been adjusted for all subsequent share splits and stock dividends.

For some companies (primarily REITs), funds from operations (FFO) is shown in lieu of EPS numbers. These situations are denoted by a double asterisk next tothe FFO numbers in the report.

General: JPMorgan is the marketing name used on global equity research issued by JPMSI and/or affiliates worldwide.JPMSI is a member of NYSE, NASD andSIPC. Information has been obtained from sources believed to be reliable but JPMorgan Chase & Co. or its affiliates and/or subsidiaries (collectively JPMorgan) donot warrant its completeness or accuracy except with respect to any disclosures relative to JPMSI and/or its affiliates and the analyst's involvement with the issuer.Opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice. Past performance is not indicative of futureresults. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Securities, financial instruments or strategiesmentioned herein may not be suitable for all investors. The opinions and recommendations herein do not take into account individual client circumstances,objectives or needs and are not intended as recommendations of particular securities, financial instruments or strategies to particular clients. The recipient of thisreport must make its own independent decisions regarding any securities or financial instruments mentioned herein. JPMSI distributes in the U.S. researchpublished by non-U.S. affiliates and accepts responsibility for its contents. Clients should contact analysts and execute transactions through a JPMorgansubsidiary or affiliate in their home jurisdiction unless governing law permits otherwise.

Copyright 2007 JPMorgan Chase & Co. All rights reserved. Additional information available upon request.

3M Company MMM26-Jul-07 C. Stephen

Tusa Jr.3M : Follow-Up to the ConferenceCall - ALERT

OVERWEIGHT 1.2000 Q2-07 1.2400 Q3-07 4.8800 FY07 USD * NA NA

Abbott Laboratories ABT18-Sep-07 Michael N.

WeinsteinAbbott Laboratories : Xience Update- Regulatory Timing Coming IntoFocus


11-Sep-07 Michael N.Weinstein

Abbott Laboratories : AbbottConfirms Panel for Xience, OnTrack for 1H08 Approval


19-Jul-07 Michael N.Weinstein

Abbott Laboratories : Key GrowthDrivers Intact; Reiterate Overweight



Abbott Laboratories : Early Read on2Q Results



Abbott Laboratories : Humira SalesAccelerating Post-Crohn's Launch;Raising Estimates



Abbott Laboratories : Collapse ofGE Deal a Setback, But BroaderThesis Very Much Intact; Buy onWeakness


Abercrombie & Fitch Co. ANF23-Aug-07 Brian J.

TunickAbercrombie & Fitch : ConsistentExecution Continues to Impress;Tweaking EPS Est.


10-Aug-07 Brian J.Tunick

Abercrombie & Fitch : Favorite Ideain Tough Environment; Raising EPSEstimates


ACA Capital Holdings, Inc. ACA2-Aug-07 Andrew

WesselACA Capital : ACA Appears WellCapitalized to Continue Operatingits Insurance Units - Reiterate OWRating

OVERWEIGHT -0.3600 Q2-07 0.4700 Q3-07 1.8500 FY07 USD * NA NA

11-Jul-07 AndrewWessel

ACA Capital : Bear Case Estimate:ACA Trades at 63% of YE08 BookValue, Would Put Money to Work atThis Level


Acadia Realty Trust AKR24-Aug-07 Michael Acadia Realty Trust : Model NEUTRAL 0.0900 Q2-07 NA Q3-07 NA FY07 USD * NA NA

Quarterly Equity Research Transparency Report

Publish Certifying Headline Rating EPS Estimates, where available Currency Price Target Price Target PeriodDate Analyst Current Quarter Next Quarter Current Year Begin Date End Date

EPS EPS EPS

of 225

Mueller Adjustment26-Jul-07 Michael

MuellerAcadia Realty Trust : Q2 miss /Lower guidance driven by noise;Business on track

NEUTRAL 0.0900 Q2-07 NA Q3-07 NA FY07 USD * NA NA

Accenture Ltd. ACN28-Sep-07 Tien-Tsin

HuangAccenture Ltd. : F4Q07 Better thanExpected; Raising FY08 Ests.


25-Sep-07 Tien-TsinHuang

Accenture Ltd. : F4Q07 Preview:Expecting Good Results, GoodEnough Outlook


Accuray Incorporated ARAY17-Aug-07 Tycho

PetersonAccuray : Strong Finish to the Year -2008 Guidance Provided - Adj Ests

NEUTRAL 0.2300 Q4-08 NA Q1-09 0.6100 FY07 USD * NA NA

19-Jul-07 TychoPeterson

Accuray : Take-Aways fromManagement Meetings

NEUTRAL 0.0400 Q4-07 0.0800 Q1-08 -0.0800 FY07 USD * NA NA

Acme Packet, Inc. APKT2-Aug-07 Ehud A.

Gelblum PhD

Acme Packet : Q2 Wrap: GuidanceLooks Overly Cautious, ReiterateOverweight


ActivIdentity Corp. ACTI1-Aug-07 P. Sterling

Auty IIActivIdentity : Good Q3, InlineOutlook, Updating Estimates

UNDERWEIGHT-0.0600 Q3-07 -0.0500 Q4-07 -0.2500 FY07 USD * NA NA

Activision, Inc. ATVI3-Aug-07 Dean

GianoukosActivision : Solid Q1, OutlookUnchanged

NEUTRAL 0.1100 Q1-08 -0.0100 Q2-08 0.7300 FY07 USD * NA NA

11-Jul-07 DeanGianoukos

Activision : Downgrading To NeutralFrom Overweight



Activision : Positively PreannouncesF1Q08

OVERWEIGHT 0.0900 Q1-08 NA Q2-08 0.6500 FY07 USD * NA NA

Actuant Corporation ATU27-Sep-07 Curtis

WoodworthActuant : F4Q Upside Driven ByOrganic Growth & Continued MarginRamp; FY08 Guidance Raised

OVERWEIGHT NA Q4-08 NA Q1-09 3.9000 FY07 USD * NA NA

26-Sep-07 CurtisWoodworth

Actuant : EPS Above Forecast &Guidance; FY08 Guidance Raised




EPS EPS EPS

of 225

Owing to Acquisition Upside -ALERT

ADC Telecommunications ADCT.OQ6-Sep-07 Steven

O'BrienADC Telecommunications : Q3Wrap: Strong Results but Q4Revenue and Margin GuidanceLooks Tepid, Adj. Ests.

NEUTRAL 0.3700 Q3-07 0.2200 Q4-07 0.9700 FY07 USD * NA NA

Adobe Systems Incorporated ADBE18-Sep-07 Adam Holt Adobe Systems : ADBE Sails Over

High Q3 Bar, Q4 Guidance EquallyImpressive


17-Sep-07 Adam Holt Adobe Systems : Quick Q3Take--CS Drives ExceptionalQuarter - ALERT


13-Sep-07 Adam Holt Adobe Systems : Creative Suite toAgain Pace Adobe's Quarter andSet an Upbeat Tone for Q4


ADTRAN, Inc. ADTN24-Sep-07 Ehud A.

Gelblum PhD

ADTRAN, Inc : Preannounces Q3Results - Growing OPTI Revs NotEnough to Offset Depressed CarrierSpending


18-Jul-07 Ehud A.Gelblum PhD

ADTRAN, Inc : Q2 Wrap: ShruggingOff a Lackluster Quarter as LongerTerm Outlook Solidifies, Adj. Ests.



ADTRAN, Inc : Q2 Quick Take:Revs and EPS Fall Below OurAbove Consensus Ests. - ALERT


Advance Auto Parts, Inc. ARP.N9-Aug-07 Nancy Hoch Advance Auto Parts, Inc. : Sell-Off

Seems Overdone; Stock at TroughValuation


8-Aug-07 Nancy Hoch Advance Auto Parts, Inc. : 2Q FirstTake - We See the Glass Half Full;Top Line Soft, But Margins Impress- ALERT


Advanced Energy Industries, Inc. AEIS31-Aug-07 Jay Deahna Advanced Energy : AEIS Negatively NEUTRAL 0.2500 Q2-07 0.1300 Q3-07 0.9200 FY07 USD * NA NA



EPS EPS EPS

of 225

Pre-announces; Adj Ests26-Jul-07 Jay Deahna Advanced Energy : C2Q Results -

Solid Story But A Momentum HiccupWith A High P/E, Lowering EPSEst's.


Advanced Micro Devices, Inc. AMD17-Sep-07 Christopher

DanelyAdvanced Micro Devices :Barcelona Helps Fight Back AgainstIntel; Upgrade from Underweight toNeutral

NEUTRAL -0.9500 Q2-07 -0.7000 Q3-07 -2.9200 FY07 USD * NA NA

27-Jul-07 ChristopherDanely

Advanced Micro Devices : Not MuchNew Served Up from AMD,Reiterate Underweight


Aetna Inc. AET26-Jul-07 William

GeorgesAetna : 2QEPS of $0.83 Ahead ofEstimates; Raises 2007 EPSGuidance - ALERT


23-Jul-07 WilliamGeorges

Aetna : Second Quarter Preview:Expect Positive Momentum toContinue


Affiliated Computer Services, Inc. ACS22-Aug-07 Tien-Tsin

HuangAffiliated Computer Services :F4Q07 Results: Strong FCF, NotMuch Else


AFLAC Incorporated AFL25-Jul-07 Jimmy

BhullarAFLAC : Strong 2Q; Japan Turningthe Corner, U.S. Steady


AGCO Corporation AG31-Jul-07 Stephen

VolkmannCFA

AGCO Corp. : International MarketsDrive 2Q Beat - ALERT


Agilent Technologies Inc. A14-Sep-07 Mark

MoskowitzAgilent Technologies : BAM InvestorConference Highlights StrongDefense Against PossiblyWeakening Consumer




EPS EPS EPS

of 225

13-Sep-07 MarkMoskowitz

Agilent Technologies : BAM InvestorConference Highlights StrongDefense Against PossiblyWeakening Macro - ALERT


15-Aug-07 MarkMoskowitz

Agilent Technologies : Japan-basedElectronic Measurement WeaknessTrumps Bio-Analytical Strength; Adj.Ests.



Agilent Technologies : Add to theRadar: Strong Results Expected,Driven by Bio-Analytical andImproving Electronic Test


AGL Resources Inc. ATG6-Aug-07 Glenn B.

MullinAGL Resources : Good Quarter,Reaffirms Guidance


30-Jul-07 Glenn B.Mullin

AGL Resources : Potential NegativeImplication for Retail Energy -ALERT


Agrium Inc. AGU9-Aug-07 David Silver Agrium : Fundamental Strength: We

Raise EstimatesNEUTRAL 1.7000 Q2-07 0.4000 Q3-07 2.3500 FY07 USD * NA NA

Air Products & Chemicals, Inc. APD25-Sep-07 Jeffrey J.

ZekauskasAir Products and Chemicals :July/August Business Trends Solid


20-Aug-07 Jeffrey J.Zekauskas

Air Products and Chemicals :F4Q:07 Begins Well


26-Jul-07 Jeffrey J.Zekauskas

Air Products and Chemicals : WeIncrease Our EPS Estimates


Alabama National BanCorporation ALAB6-Sep-07 John Pancari Alabama National Bancorp :

Acquisition of Alabama National byRBC Centura; Implications for OtherNames - ALERT


26-Jul-07 John Pancari Alabama National Bancorp : CreditConcerns a N/T Overhang, But L/TFavorable Outlook Intact; ReiterateOverweight


Alaska Communications Systems Group, Inc ALSK



EPS EPS EPS

of 225

27-Jul-07 JonathanChaplin

Alaska Communications SystemsGroup, Inc : Solid Financial Results;Interesting Options on Fiber



Alaska Communications SystemsGroup, Inc : Second-Quarter 2007Preview - ALERT



Alaska Communications SystemsGroup, Inc : Clarifying the FiberMarket Opportunity


Albemarle Corporation ALB26-Jul-07 Jeffrey J.

ZekauskasAlbemarle Corporation : We RaiseOur EPS Estimates


Alberto-Culver Company ACV13-Aug-07 Dara W.

MohsenianAlberto-Culver : More Detail BehindOur Upgrade to Overweight


10-Aug-07 Dara W.Mohsenian

Alberto-Culver : Upgrading to anOverweight


31-Jul-07 Dara W.Mohsenian

Alberto-Culver : Solid Q3 EPS, butValuation Reflects StrongFundamentals


Alcoa Inc. AA12-Sep-07 Michael

GambardellaAlcoa : Proposed Chalco divestiturepositive for Alcoa - ALERT


11-Sep-07 MichaelGambardella

Alcoa : Reducing EPS on lowerprices


13-Jul-07 MichaelGambardella

Alcoa : "You gotta know when to fold'em" - Raising EPS


Alcon, Inc. ACL31-Jul-07 Michael N.

WeinsteinAlcon, Inc : Travatan Approved inJapan; Ahead of Expectations



Alcon, Inc : Early Read on 2QResults; Raising Estimates



Alcon, Inc : Anecortave Acetate inGlaucoma; Phase II Data Presentedin Singapore



Alcon, Inc : Catalyst Watch:Anecortave Acetate in Glaucoma -Phase II Data Expected July 18 inSingapore




EPS EPS EPS

of 225

Alexander & Baldwin, Inc. ALEX26-Sep-07 Jonathan

ChappellAlexander & Baldwin, Inc. : KeyTakeaways from Strategic Call,Mgmt. Meeting


27-Jul-07 JonathanChappell

Alexander & Baldwin, Inc. : Raising'07 EPS Est. after in-line 2Q Results


Alexandria Real Estate Equities, Inc. ARE28-Sep-07 Anthony

PaoloneAlexandria Real Estate Equities :Model Adjustment


10-Aug-07 AnthonyPaolone

Alexandria Real Estate Equities :Model Adjustment



Alexandria Real Estate Equities : 2Qwas business as usual; still find thestock compelling


30-Jul-07 AnthonyPaolone

Alexandria Real Estate Equities :Focal Points For This Week'sEarnings


Align Technology, Inc. ALGN27-Aug-07 Taylor Harris Align Technology : Straightening out

the Facts on Ormco; Reit. OWOVERWEIGHT 0.1900 Q2-07 0.0800 Q3-07 0.4700 FY07 USD * NA NA

Allegheny Technologies Incorporated ATI18-Sep-07 Michael

GambardellaAllegheny Technologies : TheNickel, Stainless and ATI "ShortSqueeze"



Allegheny Technologies : Flat RolledProducts transformation delivers -Outlook remains solid - CorrectedNote supersedes any previousversions


Alliance Data Systems Corporation ADS17-Sep-07 Tien-Tsin

HuangAlliance Data : August Master TrustData; Consistent w/ Expectations -ALERT


16-Aug-07 Tien-TsinHuang

Alliance Data : July Master TrustData; Consistent w/ Expectations -ALERT


19-Jul-07 Tien-TsinHuang

Alliance Data : Raising Ests onBeat, Deal Appears on Track




EPS EPS EPS

of 225

Allied World Assurance Holdings, Ltd. AWH9-Aug-07 Matthew

HeimermannAllied World Assurance CompanyHoldings, Ltd. : Reinsurance Neutralto EPS/Adjusting for 2Q


7-Aug-07 MatthewHeimermann

Allied World Assurance CompanyHoldings, Ltd. : 2Q In Line With OurEstimates, But Better ThanConsensus


Allscripts Healthcare Solutions, Inc. MDRX5-Sep-07 Atif Abdul

RahimAllscripts Healthcare Solutions :Largest Contract to Date Sets theTone for '08 - ALERT


8-Aug-07 Atif AbdulRahim

Allscripts Healthcare Solutions :Bookings Provide a Silver LiningAmid 2Q EPS Miss


Alon USA Energy, Inc. ALJ8-Aug-07 Daniel Vetter Alon USA Energy : Not ruling out

more acquisitions; adj estNEUTRAL 2.0100 Q2-07 1.3400 Q3-07 4.6200 FY07 USD * NA NA

Altera Corporation ALTR6-Sep-07 Christopher

DanelyAltera : Maintains 3Q07 Guidanceand Increases RepurchaseProgram, Reiterate Neutral on Riskto Margins



Altera : Revenue Better ThanExpected But Margins Continue toDecline, Reiterate Neutral


Altria Group, Inc. MO30-Aug-07 Erik

BloomquistAltria Group : PMI Spin OffAnnounced - ALERT

OVERWEIGHT 1.1500 Q2-07 NA Q3-07 4.3200 FY07 USD 83.00 20-Apr-07 Jan-08

22-Aug-07 ErikBloomquist

Altria Group : PMI Spin-offAnnouncement Likely at 29 AugustAltria Board Meeting


19-Jul-07 ErikBloomquist

Altria Group : PMI Strength DrivesFull Year Estimates



Altria Group : Adj EPS GrowthBetter Than Expected - ALERT

OVERWEIGHT NA Q2-07 NA Q3-07 4.3200 FY07 USD 83.00 20-Apr-07 Jan-08

Amazon.com, Inc. AMZN



EPS EPS EPS

of 225

25-Jul-07 Imran Khan Amazon.com : Reports Solid 2Q,Raising to Neutral


AMB Property Corporation AMB19-Sep-07 Michael

MuellerAMB Property Corporation : InvestorDay Takeaways Support Our Stance

OVERWEIGHT 1.1000 Q2-07 NA Q3-07 NA FY07 USD * NA NA

19-Jul-07 MichaelMueller

AMB Property Corporation :Incremental Takeaways From TheCall; Increasing Estimates



AMB Property Corporation : $0.07ahead of us on private capital &other; Occupancy gainsmaterializing


Ambac Financial Group, Inc. ABK25-Jul-07 Andrew

WesselAmbac Financial Group : 2QEarnings Call


Amdocs Limited DOX4-Sep-07 P. Sterling

Auty IIAmdocs : Sit Down With New CFO -ALERT


9-Aug-07 P. SterlingAuty II

Amdocs : Authorizes $400M ShareRepurchase Plan - ALERT


18-Jul-07 P. SterlingAuty II

Amdocs : EPS Beat on LightRevenue; CFO Leaving - ALERT


America Movil S.A.B de C.V. (ADR) AMX24-Aug-07 Jean-Charles

A.Lemardeley

America Movil SA : Expanding in theCaribbean - ALERT


American Axle & Manufact. Holdings, Inc. AXL30-Jul-07 Himanshu

PatelAmerican Axle & ManufacturingHoldings, Inc. : Tough Message toUAW; Adj. EPS - Corrected Notesupersedes any previous versions


27-Jul-07 HimanshuPatel

American Axle & ManufacturingHoldings, Inc. : 2Q Strong; Add'lBacklog Announced; Positive -ALERT


American Campus Communities, Inc. ACC



EPS EPS EPS

of 225


American Campus Communities :2Q beats on lower comp charge;core results very strong as well


American Capital Strategies, Ltd. ACAS27-Jul-07 George A.

SaccoAmerican Capital : Strong AssetGrowth, Seasonally Higher FeesLikely in 2Q, but Cutting Ests forExpenses and Margin

NEUTRAL NA Q2-07 NA Q3-07 3.4500 FY07 USD * NA NA

American Electric Power AEP31-Jul-07 Andrew

SmithAmerican Electric Power : 2Q07Results Above Consensus onStrong Utility Performance - ALERT


American Greetings Corporation AM24-Sep-07 Dara W.

MohsenianAmerican Greetings : Raising FYAfter A Better Than Expected Q2 -Fundamentals are Improving


American International Group, Inc. AIG9-Aug-07 Jimmy

BhullarAmerican International Group :Strong 2Q; Fundamentals MeritHigher Valuation


American Railcar Industries, Inc. ARII14-Aug-07 Brannon

CookAmerican Railcar : 2Q RevenuesIn-Line but Margins Disappoint;Lowering Estimates


American Reprographics Company ARP11-Sep-07 Michael J.

FoxAmerican Reprographics Company :September 2007: NonresEnvironment Remains Solid


13-Aug-07 Michael J.Fox

American Reprographics Company :Removing From Focus List,Maintaining Overweight



American Reprographics Company :2Q07 : In-Line Results, MgtRe-Affirms Forecast

OVERWEIGHT 0.4300 Q2-07 0.4600 Q3-07 1.6600 FY07 USD 36.00 27-Nov-06 Dec-07


American Reprographics Company :August 2007: Nonres Environment




EPS EPS EPS

of 225

Remains Strong2-Jul-07 Michael J.

FoxAmerican Reprographics Company :July 2007: Nonres EnvironmentRemains Strong


American Tower Corporation AMT2-Aug-07 Thomas J.

LeeAmerican Tower : In-line 2Q. RaisesBottom of 2007 Guidance. - ALERT


AMERIGROUP Corporation AGP24-Sep-07 William

GeorgesAmeriGroup : Key Takeaways fromInvestor Day: Growth OpportunitiesAbound



AmeriGroup : 2Q EPS of $0.61 WellAhead of Estimates



AmeriGroup : Solid 2Q Result onLower MLR; Raising Estimates



AmeriGroup : Raising Estimates onExpectations for Modestly BetterMLR



AmeriGroup : CEO McWaters toRetire; Expect Smooth Transition toCOO Carlson - ALERT


AmerisourceBergen Corp. ABC.N2-Aug-07 Lisa Gill AmerisourceBergen : Raising Ests

to Reflect Accelerated ShareBuyback


26-Jul-07 Lisa Gill AmerisourceBergen : Quick Take on3Q Results - ALERT


26-Jul-07 Lisa Gill AmerisourceBergen : Lowering EstsAfter 3Q Results; Maintain Neutral


Ameristar Casinos, Inc. ASCA2-Aug-07 Harry C.

CurtisAmeristar Casinos : 2Q LargelyInline; Guidance Could beConservative. Adj. Ests.


Amgen, Inc. AMGN28-Sep-07 Geoffrey

MeachamAmgen Inc : New Joint Resolution toChallenge NCD - ALERT


27-Sep-07 Geoffrey Amgen Inc : EU ESA Proposal in NEUTRAL 1.1200 Q2-07 1.0400 Q3-07 4.2300 FY07 USD * NA NA



EPS EPS EPS

of 225

Meacham Line with Forecasts - ALERT25-Sep-07 Geoffrey

MeachamAmgen Inc : DAHANCA Data NotNew But Highlight Label Risk


20-Sep-07 GeoffreyMeacham

Amgen Inc : Aranesp Not out of theWoods Yet: Conf Call at 11am ETon Robust Oncology Survey



Amgen Inc : ESA Oncology Survey:Conf Call Thurs 9/20 11am - ALERT



Amgen Inc : CardioRenal PanelBeats Low Expectations; ESA LabelChange Imminent



Amgen Inc : Morning Update onCRDAC Proceedings - ALERT



Amgen Inc : UnattractiveRisk-Reward Ahead of CRDAC



Amgen Inc : Senate Resolution onReversal of the Oncology NCD, APositive Surprise - ALERT


29-Aug-07 GeoffreyMeacham

Amgen Inc : Investor Meeting WithAmgen; CERA Infringes



Amgen Inc : Restructuring, LowerGuidance Expected; Adj Ests



Amgen Inc : Assessing the Impact ofa Restrictive CMS Policy


31-Jul-07 GeoffreyMeacham

Amgen Inc : An Upside CMSDecision But Still Restrictive versusClinical Practice; Ests Unchanged,Maintain Neutral



Amgen Inc : Amended EpoMonitoring Policy LargelyUnchanged, A Positive - ALERT



Amgen Inc : Blue Shield ProcritPreference a Negative Surprise


Amicus Therapeutics, Inc. FOLD8-Aug-07 Geoffrey

MeachamAmicus Therapeutics : 2Q Results inLine: All Eyes on 2H

OVERWEIGHT -1.1700 Q2-07 -0.4200 Q3-07 -1.8300 FY07 USD * NA NA

Amkor Technology, Inc. AMKR28-Aug-07 Christopher

BlansettAmkor Technology : Tight Back-EndCapacity and Holiday GameConsole Sales Are Likely to DriveUpside Surprise


1-Aug-07 Christopher Amkor Technology : C2Q07 OVERWEIGHT 0.2400 Q2-07 0.3500 Q3-07 1.2000 FY07 USD * NA NA



EPS EPS EPS

of 225

Blansett Earnings - Top Line Disappoints,But Strong GM Beat

AMN Healthcare Services, Inc. AHS8-Aug-07 Andreas

DirnaglAMN Healthcare Services, Inc. :Tough Growth Environment;Lowering Ests; Neutral


7-Aug-07 AndreasDirnagl

AMN Healthcare Services, Inc. :Solid 2Q07; But '07 GuidanceRevised Down 7-9% - ALERT


Amphenol Corporation APH18-Jul-07 Thomas

DingesAmphenol Corp : Strength indiversity; Adjusting Estimates


AMR Corporation AMR24-Sep-07 Jamie Baker AMR Corp. : Estimates Reduced,

Back To Where We StartedOVERWEIGHT 1.0800 Q2-07 1.0100 Q3-07 2.5500 FY07 USD * NA NA

18-Jul-07 Jamie Baker AMR Corp. : 60 Second Update -2Q Miss, Though Not Unexpected


AmSurg Corp. AMSG25-Sep-07 Andreas

DirnaglAmSurg Corp : AMSG Hires NewCEO - ALERT


25-Jul-07 AndreasDirnagl

AmSurg Corp : 2Q07 in Line; NewFacilities Remain Key to Growth



AmSurg Corp : Raising Estimatesfor Impact of Medicare ASC Rule


Anadys Pharmaceuticals, Inc. ANDS2-Aug-07 Richard

SmithAnadys Pharmaceuticals : R&DFocus Narrowed Going Forward;Adj. Est.


27-Jul-07 RichardSmith

Anadys Pharmaceuticals : ANA975Development Dropped - Not aSurprise - ALERT


Analog Devices, Inc. ADI11-Sep-07 Christopher

DanelyAnalog Devices : Sells WirelessChipset Business. We Like it ButValuation and Little Upside KeepsNeutral Rating




EPS EPS EPS

of 225

22-Aug-07 ChristopherDanely

Analog Devices : Raising EstimatesSlightly On Higher Revenue, StillConcerned On Cyclical Margins


Andrew Corporation ANDW31-Jul-07 Kimberly

WatkinsAndrew Corporation : FQ307 Wrap:Rev Shortfall Drives $0.06 EPSMiss; Little Risk to Stock due toPending CTV Tie-Up. Adj. Ests.


AngloGold Ashanti Limited ANGJ.J31-Jul-07 Allan J.

CookeAngloGold Ashanti Limited : Junequarter result below ourexpectations; CEO Bobby Godsell isretiring - ALERT

UNDERWEIGHT NA Q2-07 NA Q3-07 777.0000 FY07 SAR 308.00 17-Jul-07 Jul-08

Anheuser-Busch Companies, Inc. BUD6-Sep-07 John

FaucherAnheuser-Busch : Glass AppearsHalf Full - ALERT


4-Sep-07 JohnFaucher

Anheuser-Busch : Maybe It's HalfFull


26-Jul-07 JohnFaucher

Anheuser-Busch : Good Enough ForNow



Anheuser-Busch : Reading ThePrint: What To Look For In BUD'sQ2



Anheuser-Busch : Good Enough ForNow - ALERT



Anheuser-Busch : Back To TheBasics Of Moving Boxes


Animal Health International, Inc. AHII18-Sep-07 Lisa Gill Animal Health International, Inc. :

4Q Results and '08 GuidanceDisappoint, But Sell-Off Overdone


Annaly Capital Management, Inc. NLY31-Jul-07 Andrew

WesselAnnaly Capital Management : ExtraStrength Aspirin For The HousingHangover - Reiterate OW Rating -ALERT


31-Jul-07 Andrew Annaly Capital Management : A OVERWEIGHT 0.3000 Q2-07 0.3300 Q3-07 1.2600 FY07 USD * NA NA



EPS EPS EPS

of 225

Wessel Stable Value in a Very TurbulentMarket - Reiterate OW Rating,Adjusting Estimates

Aon Corporation AOC1-Aug-07 Matthew

HeimermannAon Corporation : Growth Trendsand A&H Spin Likely Aid Valuation



Aon Corporation : RaisingEPS/Updated CICA Pro Forma Data


Apartment Investment and Management Co. AIV3-Aug-07 Anthony

PaoloneAIMCO : No major 2Q surprises;lower core guidance/higher otherincome; like the buyback


Apex Silver Mines Limited SIL21-Sep-07 John Bridges Apex Silver : Adjusting Earnings NEUTRAL 0.3700 Q2-07 0.2900 Q3-07 1.6600 FY07 USD * NA NA

Apollo Group, Inc. APOL16-Jul-07 Edward

YrumaApollo Group, Inc : Looking for aNew Arrow; Initiate at Neutral


Apple Inc. AAPL18-Sep-07 Bill C. Shope

CFAApple Inc. : Apple Begins itsEuropean iPhone Push - ALERT


10-Sep-07 Bill C. ShopeCFA

Apple Inc. : Quick Take: Apple Hits1 Million iPhone Mark - ALERT



Apple Inc. : New iPods Impressive,But iPhone Woes Spoil the Party



Apple Inc. : Impressive New iPodsLargely Expected, Dramatic iPhonePrice Cut Surprising - ALERT


7-Aug-07 Bill C. ShopeCFA

Apple Inc. : Mac Refresh Largely AsExpected


25-Jul-07 Bill C. ShopeCFA

Apple Inc. : Quick Take on Q3:FY07Results - ALERT



Apple Inc. : Solid Quarter Expected;All Eyes on iPhone Shipments andComponent Price Trends



Apple Inc. : Our Take on the "NanoPhone" Call from Asia




EPS EPS EPS

of 225

Applebee's International, Inc. APPB5-Sep-07 John Ivankoe Applebee's International : APPB

Comps Remain Negative, But NoWorse, Pending IHP Acquisition

UNDERWEIGHT0.3500 Q2-07 0.2600 Q3-07 1.2200 FY07 USD * NA NA

2-Aug-07 John Ivankoe Applebee's International : 2QEarnings Beat; July Trends Stable


16-Jul-07 John Ivankoe Applebee's International : APPBCapitulates and Agrees to Sell Itselffor $25.50 to IHP. New Stock PriceFloor Likely Set.


Applied Biosystems Group ABI9-Aug-07 Tycho

PetersonApplied Biosystems Group : Lookingto Unlock Value?



Applied Biosystems Group : F4QResults In Line, 2008 GuidanceComes As Expected - ThoughtsAhead of the Call - ALERT



Applied Biosystems Group : SolidF4Q Results, Guidance LeavesRoom for Upside



Applied Biosystems Group : Sum ofParts Highlights Long-term Potential



Applied Biosystems Group : Sum ofParts Highlights Long-term Potential- Corrected Note supersedes anyprevious versions


Applied Materials, Inc. AMAT15-Aug-07 Jay Deahna Applied Materials, Inc. : F3Q07

Earnings Beat; Guidance Flat ButWe See Potential For ModestUpside; Adj Est


AptarGroup, Inc. ATR18-Jul-07 Claudia K.

ShankAptarGroup : Pre Call Note: 2Q07Results and 3Q07 Guidance In-Line


aQuantive, Inc. AQNT9-Aug-07 Imran Khan aQuantive : 2Q'07 Results Slightly

Ahead of EstimatesNEUTRAL 0.1700 Q2-07 0.1900 Q3-07 0.7500 FY07 USD * NA NA



EPS EPS EPS

of 225

Arbitron Inc. ARB20-Jul-07 Barton

CrockettArbitron Inc. : Adjusting EstimatesAfter 2Q07 Report


19-Jul-07 BartonCrockett

Arbitron Inc. : 2Q07 React: EarlyPPM Rollout Costs Drive ModestEPS Miss - ALERT



Arbitron Inc. : 2Q07 Preview: ExpectOK Earnings, Repo Talk



Arbitron Inc. : 8-K Suggests CCUPaying Close to 65% Rate Hike


Arch Capital Group Ltd. ACGL26-Jul-07 Matthew

HeimermannArch Capital Group, Ltd. : 2Q EPSHigher; Helped By Buybacks +Taxes


26-Jul-07 MatthewHeimermann

Arch Capital Group, Ltd. : RaisingEPS Estimates to Reflect 2Q Trends& Buybacks


Arch Coal, Inc. ACI23-Jul-07 John Bridges Arch Coal : Quick Q2'07: Guiding

down estimates for 2007; negative -ALERT - Corrected Alertsupersedes any previous versions


Archer Daniels Midland Company ADM4-Sep-07 Pablo E.

ZuanicArcher-Daniels-Midland : SnippetsFrom Farm Progress Show &Meeting with Mgmt


31-Jul-07 Pablo E.Zuanic

Archer-Daniels-Midland : An Updateon Divisional Trends



Archer-Daniels-Midland : 4QResults; Quick Take - ALERT



Archer-Daniels-Midland : EthanolConcerns Overdone; AttractiveValuation



Archer-Daniels-Midland : UpdatingEstimates


Archstone-Smith Trust ASN10-Sep-07 Anthony

PaoloneArchstone-Smith : Model Adjustment NEUTRAL 0.1200 Q2-07 0.2100 Q3-07 0.7500 FY07 USD * NA NA



EPS EPS EPS

of 225


Archstone-Smith : Files withEuropean Commission - part ofprocess to close



Archstone-Smith : ASN Investors:Put FDC On Your Screen



Archstone-Smith : Amendsagreement, pushes timing back amonth, but reiterates $60.75/shareconsideration



Archstone-Smith : Likelihood of dealclosing is better than the 50/50 stocksuggests; we would be buyers


Ariad Pharmaceuticals, Inc. ARIA24-Sep-07 Richard

SmithAriad Pharmaceuticals : Phase IIISarcoma Trial Initiated; Timing asExpected - ALERT


6-Aug-07 RichardSmith

Ariad Pharmaceuticals : In line 2Q07Results; Sarcoma Ph3 Begins Sep;Adj Est.



Ariad Pharmaceuticals : Impressive'573 Deal, but Near Term Data FlowLimited; Adj. Est.


Ariba, Inc. ARBA21-Sep-07 P. Sterling

Auty IIAriba, Inc : Acquires Procuri to moveinto SMB



Ariba, Inc : Banking On TheSubscription Transition, AdjustingEstimates


Arkansas Best Corporation ABFS26-Jul-07 Thomas R.

WadewitzArkansas Best : Solid Cost Controlin Upside 2Q But Pricing CloudRemains Dark


25-Jul-07 Thomas R.Wadewitz

Arkansas Best : Upside 2Q on CostControl; LTL Market RemainsChallenging - ALERT



Arkansas Best : LTL Market RiskOffsets Pension Opportunity;Assuming Coverage and Upgradingto Neutral




EPS EPS EPS

of 225

Arlington Tankers Limited ATB25-Jul-07 Jonathan

ChappellArlington Tankers, Ltd. : LoweringEst. Modestly After In-Line 2QResults


Array BioPharma Inc. ARRY24-Sep-07 Richard

SmithArray BioPharma : CelgenePartnership Attests to Array'sProductivity - ALERT

OVERWEIGHT -0.4800 Q4-08 NA Q1-09 -1.8600 FY07 USD * NA NA


Array BioPharma : FinancialGuidance for FY08 provided;Partnership on Track for 2007; Adj.Est.



Array BioPharma : Fiscal 4Q07Results in Line; Pipeline Continuesto Advance - ALERT


Arris Group, Inc. ARRS24-Sep-07 Ehud A.

Gelblum PhD

ARRIS Group : To Acquire C-CORin Consolidation of Cable Pureplays;First Take at Least Earnings Neutral


24-Sep-07 Ehud A.Gelblum PhD

ARRIS Group : Downgrading toNeutral on Muted Near-Term Trendsand Acquisition Uncertainty



ARRIS Group : Q207 Wrap: Firingon All Cylinders But Shifting MixDampens Margin Appreciation,Raising Ests.


Arrow Electronics, Inc. ARW25-Jul-07 Thomas

DingesArrow Electronics : No big surpriseshere


Aruba Networks, Inc. ARUN5-Sep-07 Ehud A.

Gelblum PhD

Aruba Networks : Notes fromMeeting with Management; ReitNeutral


29-Aug-07 Ehud A.Gelblum PhD

Aruba Networks : Q4 Wrap: SlightBeat and Inline Guidance LeaveStock Still Fully Valued; ReiterateNeutral




EPS EPS EPS

of 225

Asbury Automotive Group, Inc. ABG27-Jul-07 Edward

YrumaAsbury Automotive Group, Inc. : 2Q:Earnings Engine Stalling


Ashland Inc. ASH26-Sep-07 Jeffrey J.

ZekauskasAshland Inc. : We Reduce Estimates NEUTRAL 1.1100 Q3-07 1.0800 Q4-07 3.8500 FY07 USD * NA NA


Ashland Inc. : July Business Trends:Valvoline Performs



Ashland Inc. : We Raise Our EPSEstimates


Assurant, Inc. AIZ2-Aug-07 Jimmy

BhullarAssurant, Inc. : Preliminary Analysisof 2Q07 Results


2-Aug-07 JimmyBhullar

Assurant, Inc. : Specialty PropertyDrove EPS Upside; Strong Sales


Assured Guaranty Ltd. AGO15-Aug-07 Andrew

WesselAssured Guaranty Ltd. : 2Q ResultBeats the Estimate due to Releaseof a Loss Reserve - AdjustingEstimates


9-Aug-07 AndrewWessel

Assured Guaranty Ltd. : 2QEarnings In-Line ex ReserveRelease - ALERT


Asyst Technologies, Inc. ASYT3-Aug-07 Jay Deahna ASYST Technologies Inc : F1Q08

Earnings Beat On GM But BookingsWere Down; Guidance Flat; Adj Est


AT&T Inc. T25-Jul-07 Jonathan

ChaplinAT&T Inc. : Strong Results inWireless and Enterprise



AT&T Inc. : 2Q07 Quick Take -ALERT



AT&T Inc. : Second-Quarter 2007Preview - ALERT


AtheroGenics, Inc. AGIX



EPS EPS EPS

of 225

5-Sep-07 RichardSmith

AtheroGenics : Additional AGI-1067Data from ARISE are Incremental -ALERT



AtheroGenics : 2Q07 Results:ANDES to Start Shortly; Adj. Est.

NEUTRAL 0.0900 Q2-07 -0.4300 Q3-07 -1.6100 FY07 USD * NA NA

ATMI, Inc. ATMI25-Jul-07 Christopher

BlansettATMI Inc : C2Q07 Earnings - SDS3Product Sales Drive StrongRevenue Growth; Adj Ests.


Atmos Energy Corporation ATO9-Aug-07 Glenn B.

MullinAtmos Energy : F2007 Low End ofGuidance Expected

NEUTRAL -0.1300 Q3-07 NA Q4-07 1.9000 FY07 USD * NA NA

8-Aug-07 Glenn B.Mullin

Atmos Energy : F3Q07 UnderPerformance: Negative Outlook -ALERT


Audible, Inc. ADBL3-Aug-07 Barton

CrockettAudible, Inc. : 2Q07 Wrap: EarningsUpside, Sub Metrics Weak. Adj.Ests.


Autodesk, Inc. ADSK17-Aug-07 P. Sterling

Auty IIAutodesk : Inline Q2, Better Outlookfor 2H; Adjusting Est.


Autoliv Inc. ALV27-Jul-07 Himanshu

PatelAutoliv : Full-yr. Margin GuidanceAchievable



Autoliv : Q2 Upside on Margin; Q3Guidance Soft vs. Consensus -ALERT


Automatic Data Processing ADP21-Sep-07 Tien-Tsin

HuangAutomatic Data Processing :Updating '08 Estimates, Publishing'09

OVERWEIGHT NA Q4-08 NA Q1-09 NA FY07 USD * NA NA


Automatic Data Processing : F4QFirst Look: FY08 Outlook Better thanExpected - ALERT




EPS EPS EPS

of 225

AutoNation, Inc. AN27-Jul-07 Edward

YrumaAutoNation : 2Q: Buckle YourSeatbelts


AvalonBay Communities, Inc. AVB9-Aug-07 Anthony

PaoloneAvalonBay Communities : ModelAdjustment



AvalonBay Communities : 2Q beats;core was strong but guidancesuggests potential 2H drop-off


Aventine Renewable Energy Holdings, Inc. AVR1-Aug-07 David Silver Aventine Renewable Energy

Holdings Inc. : AVR ReportsAbove-Consensus 2Q:07 EPS -Positive - ALERT


Avery Dennison Corporation AVY14-Sep-07 Jeffrey J.

ZekauskasAvery Dennison : Saving Grace OVERWEIGHT 1.0200 Q2-07 0.8800 Q3-07 3.7500 FY07 USD 72.00 24-Aug-07 Aug-08

11-Sep-07 Jeffrey J.Zekauskas

Avery Dennison : It Gets Sticky: WeLower Estimates

OVERWEIGHT 1.0200 Q2-07 0.9800 Q3-07 3.9000 FY07 USD 72.00 24-Aug-07 Aug-08


Avery Dennison : We Add Avery tothe Focus List: Set a $72 Target



Avery Dennison : We Upgrade AVYto Overweight from Neutral


Avid Technology, Inc. AVID27-Jul-07 Paul Coster Avid Technology : 2Q Results: A

Skeptical View; Adj EstsUNDERWEIGHT0.2000 Q2-07 0.3800 Q3-07 1.4100 FY07 USD * NA NA

25-Jul-07 Paul Coster Avid Technology : 2Q07 Preview;Adjusting Ests. Skeptical.


Avista Corporation AVA2-Aug-07 Nikki

EdgecombeAvista Corp : Earnings StabilityAhead; Revising 2007 and 2008Estimates


1-Aug-07 NikkiEdgecombe

Avista Corp : Cuts 2007 Outlook onWeak Marketing & Trading Results -ALERT




EPS EPS EPS

of 225

Avnet, Inc. AVT8-Aug-07 Thomas

DingesAvnet, Inc : Growth stock (ValuePriced); Adjusting Estimates


19-Jul-07 ThomasDinges

Avnet, Inc : Another one found asthe consolidation spree continues


Avocent Corporation AVCT19-Jul-07 Aaron M.

SchwartzAvocent : Inline Q2 Should Providea Relief; Core Business Still Faces aHeadwind


16-Jul-07 Aaron M.Schwartz

Avocent : We Expect an Inline Q2and Will Look for Signs ofStabilization


AVX Corporation AVX25-Sep-07 Thomas

DingesAVX Corporation : Deal's done UNDERWEIGHT0.2300 Q1-08 0.2300 Q2-08 0.9100 FY07 USD * NA NA


AVX Corporation : Made it to theFinish line, but barely


Axis Capital Holdings Limited AXS8-Aug-07 Matthew

HeimermannAxis Capital Holdings, Ltd. :Increasing EPS For 2Q Results



Axis Capital Holdings, Ltd. : 2QHelped By Development, OffsettingFloods and NII


Baker Hughes Incorporated BHI30-Jul-07 Michael K.

LaMotteBaker Hughes, Inc. : The WaitingGame


13-Jul-07 Michael K.LaMotte

Baker Hughes, Inc. : BHIpre-announces miss (~$0.10) onCanadian weakness, tax rate -ALERT


Ball Corporation BLL26-Jul-07 Claudia K.

ShankBall Corp. : Solid Q2; MaintainingEstimates


Bally Technologies Inc. BYI22-Aug-07 Harry C. Bally Technologies, Inc. : UNDERWEIGHT0.1600 Q4-07 NA Q1-08 0.4000 FY07 USD * NA NA



EPS EPS EPS

of 225

Curtis Turnaround Progressing Well, FY:08Guidance Well Above Expectations

Banco Latinoamericano de Exportaciones BLX18-Jul-07 JUAN

PARTIDABLADEX : 2Q07 Preview: OperatingPerformance Should Improve

UNDERWEIGHT NA Q2-07 NA Q3-07 1.4900 FY07 USD * NA NA

Bank of America Corporation BAC23-Aug-07 Vivek Juneja Bank of America : CFC Stake

Financial Investment Near Term,Long Term Option?


20-Jul-07 Vivek Juneja Bank of America : 2Q: ConsumerWeak But Strong Cap Mkts, GWM -Corrected Note supersedes anyprevious versions


5-Jul-07 Vivek Juneja Bank of America : TrimmingEstimates


BankUnited Financial Corporation BKUNA27-Jul-07 John Pancari BankUnited Financial Corp. : FY3Q

Call Follow-Up: Remain Confident inUpside Potential


13-Jul-07 John Pancari BankUnited Financial Corp. :Preannounced Lower Loan SaleGains & Higher NPAs, But LowNCOs Support Overweight


Barnes & Noble, Inc. BKS23-Aug-07 Nancy Hoch Barnes & Noble, Inc : Solid 2Q;

Fundamentals Better in 2H; RaisingEsts

OVERWEIGHT 0.1300 Q2-08 -0.1600 Q3-08 1.9000 FY07 USD * NA NA

Barr Pharmaceuticals, Inc. BRL8-Aug-07 Adam

GreeneBarr Pharmaceuticals : InstillingConfidence With Strong 2Q Results


Basic Energy Services, Inc BAS9-Aug-07 Kevin Pollard Basic Energy Services, Inc. :

Attractive Valuation, but No Catalystin Sight; Lowering Estimates




EPS EPS EPS

of 225

Baxter International Inc. BAX20-Jul-07 Michael N.

WeinsteinBaxter Intl : 2Q in Review; RaisingNumbers



Baxter Intl : Early Read on 2QResults


BB&T Corporation BBT19-Jul-07 Steven

AlexopoulosBB&T Corporation : 2Q07 Post CallComments; 2Q a Mixed Bag;Maintain Neutral


BEA Systems, Inc. BEAS12-Sep-07 Adam Holt BEA Systems : Leverage in Model

Apparent, License Growth Story StillDistant


9-Aug-07 Adam Holt BEA Systems : Q2 May Be Tough;Valuation Protects Downside


Beacon Roofing Supply BECN8-Aug-07 Michael

RehautBeacon Roofing Supply : 3QReported Below Our and theStreet's Estimate, Driven by LowerMargins; Lowering Estimates


BearingPoint, Inc. BE10-Sep-07 Tien-Tsin

HuangBearingPoint : 1Q07 10Q: Mixed asExpected but Lack of 2/3QCommentary May Cause Concern


Beckman Coulter, Inc. BEC1-Aug-07 Tycho

PetersonBeckman Coulter : Strong Sales, butProduct Mix and HematologyCompetition Pressure Margins -ALERT


1-Aug-07 TychoPeterson

Beckman Coulter : Gross MarginsConcerns Appear Short Term


Becton, Dickinson and Co. BDX8-Aug-07 Michael N.

WeinsteinBecton, Dickinson & Co : GoodNews for GeneOhm; LitigationOverhang Removed




EPS EPS EPS

of 225


Becton, Dickinson & Co : SolidF3Q07; Raising Estimates


Bed Bath & Beyond Inc. BBBY17-Jul-07 Stephen

ChickBed Bath & Beyond : ChristmasTree Shops Update - Underweight


Bemis Company, Inc. BMS31-Jul-07 Claudia K.

ShankBemis Co. : 2Q Miss and FY07Guidance Lowered - Pre Call Note -ALERT


31-Jul-07 Claudia K.Shank

Bemis Co. : Working to "Bring Homethe Bacon" in 2008; Adj Ests.


Best Buy Co., Inc. BBY18-Sep-07 Stephen

ChickBest Buy : Q207 Review; Adj Ests UNDERWEIGHT0.4600 Q2-08 0.3500 Q3-08 2.9000 FY07 USD * NA NA

16-Jul-07 StephenChick

Best Buy : Adj Ests - Underweight UNDERWEIGHT0.4800 Q2-08 0.3200 Q3-08 2.7500 FY07 USD * NA NA

Big 5 Sporting Goods Corporation BGFV16-Jul-07 Nancy Hoch Big 5 Sporting Goods Corporation :

Adjusting EstimatesNEUTRAL 0.3300 Q2-07 0.3900 Q3-07 1.5400 FY07 USD * NA NA

Big Lots, Inc. BIG29-Aug-07 Charles

GromBig Lots, Inc. : Impressive 2Q ButConcerns Remain, Neutral


24-Aug-07 CharlesGrom

Big Lots, Inc. : 2Q Look - BigOrange Squeeze On Tap?


BioFuel Energy Corp. BIOF14-Aug-07 David Silver BioFuel Energy Corp. : NEUTRAL -

BIOF Reports Second QuarterResults - ALERT

OVERWEIGHT--0.0600 Q2-07 -0.1000 Q3-07 -0.3000 FY07 USD * NA NA

25-Jul-07 David Silver BioFuel Energy Corp. : We SeeRoom for Valuation to Grow; Initiateat Overweight


Biogen Idec Inc. BIIB14-Sep-07 Geoffrey

MeachamBiogen Idec : PML SpeculationCreates Buying Opportunity -




EPS EPS EPS

of 225

ALERT12-Sep-07 Geoffrey

MeachamBiogen Idec : OW Thesis Intact AfterMgmt Mtg; Still a Top Pick



Biogen Idec : OW Thesis Intact:Bullish 2007-10 Guidance WellAbove the Street



Biogen Idec : Avonex Price IncreaseSuggests Upside 07 Sales Potential- ALERT



Biogen Idec : Crohn's Panel VotesYes For Tysabri



Biogen Idec : Liver Injury Slides Nota Concern; Rather A BuyingOpportunity - ALERT



Biogen Idec : Tysabri Crohn's Panel:Impact Limited Either Way



Biogen Idec : 2Q07 ShowsContinued MS Franchise Growth;Expect Upside Going Forward



Biogen Idec : A NICE HolidaySurprise for Tysabri


BJ Services Company BJS13-Sep-07 Kevin Pollard BJ Services Company : Still Too

Early; Assuming Coverage MaintainUW Rating

UNDERWEIGHT0.5700 Q3-07 NA Q4-07 2.4000 FY07 USD * NA NA


BJ Services Company : Still TooEarly to Call the Turn in Pumping.Adj. Ests.



BJ Services Company : Any ReliefRally (Short Covering) Should Fadewith Gas Below $6/Mcf - ALERT

UNDERWEIGHT NA Q3-07 NA Q4-07 2.1300 FY07 USD * NA NA

BJ's Wholesale Club, Inc. BJ17-Sep-07 Charles

GromBJ's Wholesale Club : Update,Catalysts, Turnaround, Overweight



BJ's Wholesale Club : 2Q >Expectations, Staying Power,Overweight



BJ's Wholesale Club : Impressive2Q, Clean Beat With Margin Upside,OW



BJ's Wholesale Club : 2Q Look:Solid Core Comp = Clean Q,Overweight




EPS EPS EPS

of 225


BJ's Wholesale Club : More ThanJust A Good LBO Prospect,Overweight


17-Jul-07 CharlesGrom

BJ's Wholesale Club : Baby Steps,Raising 2Q EPS Est's, Overweight



BJ's Wholesale Club : Round #3 -Under the Boss's Watchful Eye


Blackbaud, Inc. BLKB7-Aug-07 Adam Holt Blackbaud Inc : Strong Q2; BLKB

Pulls In eTapestry for SaaS SolutionOVERWEIGHT NA Q2-07 NA Q3-07 0.8200 FY07 USD * NA NA

12-Jul-07 Adam Holt Blackbaud Inc : Another StrongQuarter Sets Stage for Second Half


Blockbuster Inc. BBI.N25-Sep-07 Barton

CrockettBlockbuster Inc. : MOVI StoreClosures: More To Come? - ALERT


28-Aug-07 BartonCrockett

Blockbuster Inc. : MOVI LendersExtend Forbearance Agreement -ALERT



Blockbuster Inc. : Rent, Possibly toOwn, Upgrade to OW, Adj. Ests.



Blockbuster Inc. : Movielink DealCounters Netflix Feature - ALERT



Blockbuster Inc. : 2Q07 Wrap: TotalAccess Modified, Adj Ests



Blockbuster Inc. : 2Q07 React: NotPretty, Could Have Been Worse -ALERT



Blockbuster Inc. : 2Q07 Preview:Could be Ugly, Mitigated by LowExpectations


Blount International, Inc. BLT3-Aug-07 Curtis

WoodworthBlount International : Solid 2Q BeatDriven By International Sales andImprovement at IPEG; RaisingEstimates


2-Aug-07 CurtisWoodworth

Blount International : Solid Beat of$0.06 On Low Expectations in2Q07; Very Positive For Stock -ALERT




EPS EPS EPS

of 225

Blue Nile, Inc. NILE7-Aug-07 Imran Khan Blue Nile : 2Q Gross Profit Growth

Accelerates, Adjusting EstimatesNEUTRAL 0.2300 Q2-07 0.1300 Q3-07 0.8900 FY07 USD * NA NA

BorgWarner Inc. BWA30-Jul-07 Himanshu

PatelBorg Warner Inc. : Decent 2Q, Adj.EPS


Borland Software Corporation BORL14-Aug-07 P. Sterling

Auty IIBorland Software Corp : InsiderBuying Good to See at TheseLevels - ALERT



Borland Software Corp : CostRestructuring Ahead of Plan;Revenue Needs More Work.



Borland Software Corp : Q207Preview: Sort Through DetailsBefore Reacting - ALERT


Boston Private Financial Holdings Inc BPFH27-Jul-07 John Pancari Boston Private Financial Holdings,

Inc. : 2Q Call Follow-Up: LimitedUpside Catalysts DespiteEncouraging Trends


26-Jul-07 John Pancari Boston Private Financial Holdings,Inc. : Mixed 2Q: Credit and FundingPressure Overshadows Loan andFee Strength - ALERT


23-Jul-07 John Pancari Boston Private Financial Holdings,Inc. : Appointment of New CFO -ALERT


Boston Properties, Inc. BXP28-Sep-07 Anthony

PaoloneBoston Properties : ModelAdjustment



Boston Properties : 2Q FFO beatson interest/other; solid coreperformance

NEUTRAL 0.7400 Q2-07 0.6800 Q3-07 NA FY07 USD * NA NA


Boston Properties : ModelAdjustment

NEUTRAL 0.7400 Q2-07 0.6800 Q3-07 NA FY07 USD * NA NA

Boston Scientific Corp. BSX



EPS EPS EPS

of 225

17-Aug-07 Michael N.Weinstein

Boston Scientific : Divestiture TrendContinues: BSX Pruning Portfolio toPay Down Debt



Boston Scientific : SettlementRemoves Overhang, But at a SteepPrice


Bowater Incorporated BOW25-Jul-07 Claudia K.

ShankBowater : Estimates Move Lower(Again); Maintain Underweight


Boyd Gaming Corporation BYD2-Aug-07 Harry C.

CurtisBoyd Gaming Group : Little EPSGrowth Through '08. RemainNeutral


1-Aug-07 Harry C.Curtis

Boyd Gaming Group : $0.02Earnings Miss Due to Borgata


Brandywine Realty Trust BDN11-Sep-07 Anthony

PaoloneBrandywine Realty Trust :Publishing 2009 FFO Estimate



Brandywine Realty Trust :Announced developments add over$600M to pipeline; should helpFFO/NAV



Brandywine Realty Trust : ModelAdjustment



Brandywine Realty Trust : 2Q FFObeat by $0.01, but includes $0.04 ofgains

NEUTRAL NA Q2-07 NA Q3-07 NA FY07 USD * NA NA

Brigham Exploration Company BEXP9-Aug-07 Joseph D.

AllmanBrigham Exploration Company :Recent Results Mixed But ValuationLooks Cheap


7-Aug-07 Joseph D.Allman

Brigham Exploration Company : Q2Beat But Operations Mixed - ALERT


Brinker International, Inc. EAT12-Sep-07 John Ivankoe Brinker International : Post Analyst

Day, EAT Remains an OW PickOVERWEIGHT 0.5400 Q4-08 0.4300 Q1-09 1.8600 FY07 USD * NA NA

10-Aug-07 John Ivankoe Brinker International : Seeing NEUTRAL 0.5000 Q4-08 NA Q1-09 1.7500 FY07 USD * NA NA



EPS EPS EPS

of 225

Positives in Slower UnitDevelopment and Potential Mac GrillSale. Upgrading to OW.

Bristol Myers Squibb Co. BMY24-Sep-07 Roberto

CucaBristol-Myers Squibb Company :Acquisition of Research PartnerAdnexus Adds to Pipeline and R&DTechnology


27-Jul-07 RobertoCuca

Bristol-Myers Squibb Company :Bristol Thinking Longer Term



Bristol-Myers Squibb Company :Early Read on 2Q07 Results


Broadcom Corporation BRCM26-Sep-07 Shawn

WebsterBroadcom Corporation : Q3 Update,Improving Fundamentals ShouldDrive Outperformance; ReiterateOverweight


8-Aug-07 ShawnWebster

Broadcom Corporation : Good NewsFor BRCM, NOK Win OffersSignificant Earnings Power In C09And Beyond


12-Jul-07 ShawnWebster

Broadcom Corporation : MOT RiskKnown, Still Positive On 2H07Improvement



Broadcom Corporation : Q2Preview...Past The Trough,Expecting Revenue Acceleration In2H07


Broadridge Financial Solutions, Inc. BR17-Aug-07 Tien-Tsin

HuangBroadridge : 4Q Preview: ExpectIn-Line Quarter, Focus on FY08Guidance



Broadridge : BR Signs Piper Jaffrayfor Securities Processing: Positive -ALERT


Brocade Communications Systems, Inc. BRCD.OQ21-Sep-07 Mark

MoskowitzBrocade Communications : AnalystMeeting Recap: LT ModelFramework Lifted on Duopoly and




EPS EPS EPS

of 225

8Gb Prospects; Standing Firm onMarket Position; Adj. Ests.


Brocade Communications : CFOMeeting Supports Our View thatOverall Story Should OvercomeStock's Recent Weakness



Brocade Communications :Removing from Focus List owing toStop-out Rules; Retain Overweightwith Conviction



Brocade Communications : BRCDPre-announcement Counters RisingFears of Implosion; ReiterateOverweight - ALERT

OVERWEIGHT 0.1100 Q3-07 0.1400 Q4-07 0.5400 FY07 USD 13.00 15-May-07 May-08


Brocade Communications : NetAppSlap on BRCD Is Overdone;Broader Storage Not FollowingSimilar Course


Brooks Automation, Inc.(USA) BRKS10-Aug-07 Jay Deahna Brooks-Automation : C2Q07

Earnings - Slight Miss, C3Q07Looks to Be the Trough; Adj. Ests.


17-Jul-07 Jay Deahna Brooks-Automation : JPMSemiconWest Presentation - NewUpside Margin Story


Brown & Brown, Inc. BRO24-Jul-07 Matthew

HeimermannBrown & Brown, Inc : UnderlyingEPS In-Line With Estimates;Negative Organic In Q



Brown & Brown, Inc : Raising 2007EPS Estimates For Rock-Tenn Sale


Brown-Forman Corporation BFb31-Aug-07 Dara W.

MohsenianBrown-Forman Corp : Weaker ThanExpected Q1 EPS, But UnderlyingFundamentals Still Healthy



Brown-Forman Corp : MutedNielsen Spirits Results Continue inJune


Brunswick Corporation BC



EPS EPS EPS

of 225


Brunswick Corporation : ShortInterest Up In July



Brunswick Corporation : Cuts FY07Guidance



Brunswick Corporation : ToughMarine Environment, LoweringEstimates


Build-A-Bear Workshop, Inc BBW3-Aug-07 Brian J.

TunickBuild A Bear Workshop : PotentialDeal Not Priced In; Lowering Est.


Builders FirstSource, Inc. BLDR27-Jul-07 Michael

RehautBuilders FirstSource : 2Q Below St.Ex-Tax Benefit but Share GainsRemain Solid; Lowering Ests., butMaintain OW


Bunge Limited BG18-Sep-07 Pablo E.

ZuanicBunge Limited : BG Buys SugarEthanol Facility in Brazil - ALERT



Bunge Limited : Beats Street by 45c,But Would Not Chase Rally



Bunge Limited : What May DriveSentiment Tomorrow (2Q Out)


Burger King Holdings, Inc. BKC27-Aug-07 John Ivankoe Burger King : Solid 4Q but Higher

Tax Rate and Capex Constrain 08Net Income Growth. L-T intact, KeepOW.


24-Aug-07 John Ivankoe Burger King : Strong U.S OutweighsLower Net Openings and Int'lMargins - ALERT


10-Aug-07 John Ivankoe Burger King : Solid Comps fromLargest Franchisee Bode Well forBKC


Burlington Northern Santa Fe Corporation BNI25-Jul-07 Thomas R.

WadewitzBurlington Northern Santa Fe : Soft2Q and Guidance Reflect BNISensitivity to Volume Growth




EPS EPS EPS

of 225

Bway Holding Company BWY14-Aug-07 Claudia K.

ShankBWAY : Q3 Miss from MetalPackaging; Strong Results inPlastics


C.H. Robinson Worldwide, Inc. CHRW17-Aug-07 Thomas R.

WadewitzC.H. Robinson Worldwide : LTGrowth Outlook Remains Strong---Highlights from Meetings withManagement



C.H. Robinson Worldwide : GrowthRemains Strong as Drivers Evolve


Cabela's Incorporated CAB3-Aug-07 Nancy Hoch Cabela's Inc. : Rally Seems A Bit

Overdone, Remain NeutralNEUTRAL 0.1700 Q2-07 0.2600 Q3-07 1.5000 FY07 USD * NA NA

Cabot Corporation CBT13-Aug-07 Jeffrey J.

ZekauskasCabot Corporation : We LowerEstimates



Cabot Corporation : Tired Out NEUTRAL 0.3500 Q3-07 0.4900 Q4-07 2.1500 FY07 USD * NA NA


Cabot Corporation : F3Q EPS BelowStreet Estimates: Outlook Cautious -ALERT


Cabot Microelectronics Corporation BDK12-Sep-07 Michael

RehautBlack & Decker Corp. : Analyst DayTakeaways: Despite Cont'dExecution, Given WorseningBackdrop, We Lower Our FY08E


26-Jul-07 MichaelRehaut

Black & Decker Corp. : 2Q ReportedIn-Line With Our Est.; 3Q GuidanceDisappoints, While High End ofFY07 Lowered - ALERT


Cabot Oil & Gas Corporation COG27-Jul-07 Rodney

ClaytonCabot Oil & Gas : ChangingEstimates Following ConferenceCall


26-Jul-07 RodneyClayton

Cabot Oil & Gas : Q2 First Take -Slight Negative - ALERT




EPS EPS EPS

of 225

Cache, Inc. CACH7-Sep-07 Christopher

KimSpecialty Retailing : EstimateRevisions: ANN, CACH, CHS


26-Jul-07 ChristopherKim

Cache, Inc. : Making SomeProgress But Environment StillUncertain


6-Jul-07 ChristopherKim

Cache, Inc. : Interesting GrowthProspects, But Execution HurdlesHigh; Initiate with Neutral Rating


CACI International Inc CAI24-Sep-07 Christine

PezinoCACI International Inc : Acquisitionof Athena to Bolster IntelligenceCapabilities - ALERT


17-Aug-07 ChristinePezino

CACI International Inc : Seeking aRelative Safe Haven; Upgrade toOW


Cal Dive International, Inc. DVR3-Aug-07 David C.

SmithCal Dive International, Inc. : Still SeeUpside on Horizon


1-Aug-07 David C.Smith

Cal Dive International, Inc. : We SeeLittle Risk to Merger on HOFFResults - ALERT


11-Jul-07 David C.Smith

Cal Dive International, Inc. : Growthin the Pipeline; Adj. Est.


Cambrex Corporation CBM8-Aug-07 Jeffrey J.

ZekauskasCambrex Corporation : GettingAhead of Itself


Camden Property Trust CPT28-Sep-07 Anthony

PaoloneCamden Property Trust : Investormeeting notes: initiatives helpinggrowth while markets moderate



Camden Property Trust : ModelAdjustment



Camden Property Trust : $0.01 FFObeat in 2Q; was overall in-line;another top end of guidance drop


Cameron International Corporation CAM



EPS EPS EPS

of 225

1-Aug-07 Michael K.LaMotte

Cameron International Corp :Raising Estimates on StrongerOrders, Margins



Cameron International Corp : Nice2Q Beat as Compression MarginsExpand - ALERT


Campbell Soup Company CPB6-Sep-07 Pablo E.

ZuanicCampbell Soup : Quick Take on4Q07

OVERWEIGHT 0.2200 Q4-07 0.7600 Q1-08 2.0200 FY07 USD 46.00 10-Jul-07 Jul-08

6-Sep-07 Pablo E.Zuanic

Campbell Soup : UpdatingEstimates Based on LatestGuidance



Campbell Soup : Potential TradingUpside From 4Q07 Results (OutThursday.)


9-Aug-07 Pablo E.Zuanic

Campbell Soup : Potential Accretionfrom Godiva Sale - ALERT



Campbell Soup : Further Color onEM Strategy May Imply Upside


Canadian National Railway (USA) CNI26-Sep-07 Thomas R.

WadewitzCanadian National Railway :Acquisition of EJ&E Railroad Is aStrategic Positive - ALERT

NEUTRAL 0.9500 Q2-07 0.9560 Q3-07 3.2896 FY07 CAD * NA NA

Cardinal Health, Inc. CAH20-Sep-07 Lisa Gill Cardinal Health : Highlights from

CAH's Investor MeetingOVERWEIGHT 1.1100 Q4-08 1.0200 Q1-09 4.1000 FY07 USD * NA NA

14-Sep-07 Lisa Gill Cardinal Health : Slowing Rx TrendShifts Emphasis to Higher MarginBusinesses--Maintain Ests. - ALERT


31-Aug-07 Lisa Gill Cardinal Health : Highlights fromMeetings with CAH Management


29-Aug-07 Lisa Gill Cardinal Health : A Deeper Look atCAH's Businesses, Sum of the PartsAnalysis; Reit OW


9-Aug-07 Lisa Gill Cardinal Health : Quick take on 4QResults - ALERT


9-Aug-07 Lisa Gill Cardinal Health : Good 4Q, Sets thePace for a Solid FY08; Buy onWeakness




EPS EPS EPS

of 225

Career Education Corp. CECO10-Aug-07 Edward

YrumaCareer Education Corp : 2Q: SomeProgress, But Homework Remains


16-Jul-07 EdwardYruma

Career Education Corp : Waiting forthe Bell to Ring; Initiate at Neutral


Carnival Corporation CCL28-Sep-07 Dean

GianoukosCarnival Corporation : 10-Q ShowsNo Change In Fuel Guidance


20-Sep-07 DeanGianoukos

Carnival Corporation : First Glance:Above-Consensus Quarter



Carnival Corporation : GoodQuarter, Outlook Positive


Carolina Group CG30-Jul-07 Erik

BloomquistCarolina Group : Q2 EPS BeatsEstimates on Strong Quality Results- ALERT

NEUTRAL 1.3100 Q2-07 NA Q3-07 5.0800 FY07 USD 75.00 19-Jan-07 Jan-08

Cascade Microtech, Inc. CSCD23-Aug-07 Christopher

BlansettCascade Microtech : 2007 AnalystDay


17-Aug-07 ChristopherBlansett

Cascade Microtech : Searching ForA New CEO


25-Jul-07 ChristopherBlansett

Cascade Microtech : C2Q07Earnings - Resetting Expectationsfor Near Term Probe Card RevenueGrowth, Reducing Ests.


Casella Waste Systems Inc. CWST5-Sep-07 Scott Levine Casella Waste Systems Inc. : FQ1

EBITDA Beats on SG&A Savings,Apparent Strength at FCR - ALERT


Casual Male Retail Group, Inc. CMRG9-Aug-07 Evren

KopelmanCasual Male Retail Group, Inc. :Downgrading to N from OW; EvenRisk/Reward


Catalina Marketing Corporation POS21-Sep-07 Fred W. Catalina Marketing : Downgrading to NEUTRAL 0.2900 Q2-07 0.4000 Q3-07 1.4600 FY07 USD * NA NA



EPS EPS EPS

of 225

Searby Neutral

Catapult Communications Corporation CATT12-Sep-07 Paul Coster Catapult Communications : CATT

Positively Pre-Announces F4Q07NEUTRAL -0.1700 Q3-07 -0.2200 Q4-07 -0.4200 FY07 USD * NA NA

27-Jul-07 Paul Coster Catapult Communications : TestingTimes: Adj Ests on Weak F3Q07 &Guidance

NEUTRAL -0.1700 Q3-07 0.0100 Q4-07 0.0100 FY07 USD * NA NA

25-Jul-07 Paul Coster Catapult Communications : F3Q07Preview: We are Sidelined


Caterpillar Inc. CAT21-Sep-07 Stephen

VolkmannCFA

Caterpillar Inc. : August MachinerySales Improve, Engine Still Down


20-Jul-07 StephenVolkmannCFA

Caterpillar Inc. : 2Q Miss Driven byHigher Core Operating Costs -ALERT



Caterpillar Inc. : Lowering OurBelow Consensus Ests on 2Q Miss


CB Richard Ellis Group, Inc. CMG.N10-Aug-07 Michael J.

FoxCB Richard Ellis Group, Inc. : 2Q0710Q Review

OVERWEIGHT 0.6600 Q2-07 0.5400 Q3-07 2.3500 FY07 USD 46.00 28-Mar-06 Jan-08

31-Jul-07 Michael J.Fox

CB Richard Ellis Group, Inc. :Excellent 2Q Results, Mgt Raises 07Guidance



CB Richard Ellis Group, Inc. : WeExpect Strong Second QuarterResults


Cbeyond, Inc. LSI.N3-Aug-07 Jonathan

ChaplinCbeyond, Inc. : Results andGuidance Increase Positive


1-Aug-07 JonathanChaplin

Cbeyond, Inc. : Second-Quarter2007 Preview - ALERT


CBL & Associates Properties, Inc. CBL16-Aug-07 Michael

MuellerCBL & Associates Properties :Upgrading to OW; Big valuationdisconnect and Street

OVERWEIGHT0.7400** Q2-07 0.8000** Q3-07 3.4400** FY07 USD * NA NA



EPS EPS EPS

of 225

underestimating 08 growth10-Aug-07 Michael

MuellerCBL & Associates Properties : NewJV effectively $1 billion acquisition

NEUTRAL 0.7400** Q2-07 0.8000** Q3-07 3.4400** FY07 USD * NA NA

3-Aug-07 MichaelMueller

CBL & Associates Properties : 2Qhits our number but likely $0.02-0.03below Street; Guidance will be afocal point



CBL & Associates Properties : Postcall follow up/model adjustment



CBL & Associates Properties :Model Adjustment


CBRL Group, Inc. CBRL18-Sep-07 Steven Rees CBRL Group Inc : F4Q EPS & F08

Outlook Above Expectations -ALERT


5-Sep-07 Steven Rees CBRL Group Inc : AugustRestaurant Comps Show ImprovingTraffic


7-Aug-07 Steven Rees CBRL Group Inc : July Comps ShowSigns of Stabilization


CBS Corporation CBS6-Sep-07 John

BlackledgeCBS Corp. : Out-of-Home AdvertiserSignStorey Acquired for $71.5m -ALERT


4-Sep-07 JohnBlackledge

CBS Corp. : New $1.6B Buybackand a Bump Up in Dividend; RaisingEstimates


31-Jul-07 JohnBlackledge

CBS Corp. : 2Q07 Review: TaxesOffset Lower EBITDA to Drive EPSUpside



CBS Corp. : 2Q07 Preview: ModestExpectations; Potential FurtherAsset Sales and Dividend/ShareBuyback Activity


Cedar Fair, L.P. FUN1-Aug-07 Dean

GianoukosCedar Fair, L.P. : Above ConsensusQuarter


Celestica Inc. CLS27-Jul-07 Thomas Celestica : The push and the pull; UNDERWEIGHT0.0200 Q2-07 0.0500 Q3-07 0.0700 FY07 USD * NA NA



EPS EPS EPS

of 225

Dinges Adjusting Estimates

Celgene Corporation CELG17-Sep-07 Geoffrey

MeachamCelgene : Updated Revlimid CLLData Incrementally Better - ALERT



Celgene : 2Q EPS, Revlimid andThalomid Beat Expectations -ALERT



Celgene : Raising Estimates onStrong 2Q Results


Cell Genesys, Inc. CEGE8-Aug-07 Richard

SmithCell Genesys Inc. : VITAL Programson Track; 2Q07 Uneventful; Adj. Est.



Cell Genesys Inc. : Enrollment ofVITAL-1 Complete; Interim Analysisin 1H08 - ALERT


Cemex S.A. B de C.V. (ADR) CX17-Sep-07 Mike Betts Cemex : Q3 worse than expected,

but encouraging news on potentialdisposals - ALERT

OVERWEIGHT NA Q2-07 NA Q3-07 3.0500 FY07 USD 42.00 17-Sep-07 Jun-08

17-Sep-07 Mike Betts Cemex : Reducing EBITDAestimates by 4-6%. Cutting pricetarget by $1 to $42 but retainingOverweight rating

OVERWEIGHT NA Q2-07 NA Q3-07 3.0500 FY07 USD 42.00 17-Sep-07 Jun-08

Centene Corporation CNC24-Jul-07 William

GeorgesCentene : 2QEPS of $0.27 In Linewith Estimates; MLR Improves -ALERT



Centene : In-line Quarter Beats LowExpectations; MLR Stability KeyGoing Forward


Central Garden & Pet Co. CENT17-Sep-07 Dara W.

MohsenianCentral Garden and Pet Company :Maintain Neutral After CENTWithdraws Q4 Guidance AndPostpones Offering



Central Garden and Pet Company :Adjusting EPS Estimates




EPS EPS EPS

of 225


Central Garden and Pet Company :Lowering EPS After Another WeakQuarter


Century Aluminum Company CENX27-Sep-07 Michael

GambardellaCentury Aluminum Company :Investor Trip to Iceland HighlightsGrowth Prospects and StrategicAppeal


11-Sep-07 MichaelGambardella

Century Aluminum Company :Reducing EPS for Lower AluminumPrices



Century Aluminum Company : The"nimble" aluminum producer -Adjusting EPS


CenturyTel, Inc. CTL.N2-Aug-07 Jonathan

ChaplinCenturyTel, Inc. : 2Q07 Quick Take- ALERT



CenturyTel, Inc. : Results in Line;Guidance Somewhat Disappointing



CenturyTel, Inc. : Second-Quarter2007 Preview - ALERT


Cephalon, Inc. CEPH23-Aug-07 Adam

GreeneCephalon, Inc. : Feel Good AboutAmrix Deal


1-Aug-07 AdamGreene

Cephalon, Inc. : Pain FranchiseDrives Revenue Upside


Ceridian Corporation CEN27-Jul-07 Tien-Tsin

HuangCeridian Corp : Adjusting Estimatesfor 2Q Results; ST Trade LooksInteresting



Ceridian Corp : 2Q07 First Look:Good Enough Given Pending Sale -ALERT


Cerner Corporation CERN25-Jul-07 Lisa Gill Cerner Corp : In-Line 2Q; Hardware

Sales Pressure MarginNEUTRAL 0.3700 Q2-07 0.4000 Q3-07 1.5700 FY07 USD * NA NA



EPS EPS EPS

of 225

CF Industries Holdings, Inc. CF1-Aug-07 David Silver CF Industries Holdings, Inc. : Rising

DAP, Raising EstimatesNEUTRAL 2.0600 Q2-07 0.7000 Q3-07 4.1000 FY07 USD * NA NA

Charles River Laboratories CRL8-Aug-07 Tycho

PetersonCharles River Laboratories :Favorable Outsourcing TrendsContinue


Charlotte Russe Holding CHIC9-Jul-07 Anna A.

AndreevaCharlotte Russe : DisconnectBetween Valuation andFundamentals; Reiterate OW


Charming Shoppes, Inc. CHRS31-Aug-07 Christopher

KimCharming Shoppes : Thoughts fromthe Road with Management


23-Aug-07 ChristopherKim

Charming Shoppes :Product/Catalog Launches Pivotal to2H EPS


Chattem Inc. CHTT11-Jul-07 Dara W.

MohsenianChattem, Inc. : Maintaining Full-YearEPS Despite Q2 Upside


Check Point Software Technologies Ltd. CHKP.OQ10-Sep-07 P. Sterling

Auty IICheck Point Software : Federal ITSecurity Spending Looks Good -ALERT



Check Point Software : PositionedFor Further Improvements



Check Point Software : PointSecApproved for Large DoDOpportunity - ALERT


CheckFree Corporation CKFR30-Jul-07 Tien-Tsin

HuangCheckFree : Correcting Estimates OVERWEIGHT 0.4600 Q4-07 0.4900 Q1-08 1.8200 FY07 USD * NA NA


CheckFree : BofA Bill Pay DataLooks Okay - ALERT




EPS EPS EPS

of 225

Chemed Corporation CHE3-Aug-07 Dawn Brock Chemed Corporation : Market

Creates Great Buying OpportunityOVERWEIGHT 0.7700 Q2-07 0.7900 Q3-07 3.2000 FY07 USD * NA NA

2-Aug-07 Dawn Brock Chemed Corporation : AnotherStrong Quarter: $0.07 Beat;Reiterate OW


24-Jul-07 Dawn Brock Chemed Corporation : A "Lifeline" inHospice; Great Cash Flow inPlumbing; Initiating with anOverweight Rating


Chesapeake Energy Corporation CHK23-Aug-07 Joseph D.

AllmanChesapeake Energy : UpdatingModel For 2Q Results


Chevron Corporation CVX27-Jul-07 KATHERINE

LUCASChevron Corp : 2Q07 results in line,upstream solid - ALERT


11-Jul-07 KATHERINELUCAS

Chevron Corp : 2Q07 interim updatehints at solid upstream performance- ALERT


Chicago Bridge & Iron Company N.V. CBI28-Aug-07 Scott Levine Chicago Bridge & Iron Co. NV :

Lummus Deal CompellingStrategically, Financially


2-Aug-07 Scott Levine Chicago Bridge & Iron Co. NV :Outlook Intact Despite Q2 Charges;Adjusting Ests.


1-Aug-07 Scott Levine Chicago Bridge & Iron Co. NV : Q2Misses on Labor Cost Escalation;Guidance Raise Affirms StrongEnd-Markets - ALERT


Chico's FAS, Inc. CHS.N10-Aug-07 Brian J.

TunickSpecialty Retailing : EPS RevisionsPost Retail Sales; ANN, BEBE, CHS


Children's Place Retail Stores, Inc. PLCE24-Aug-07 Brian J.

TunickThe Children's Place : MoreNegative Surprises; CuttingEstimates Again




EPS EPS EPS

of 225

10-Jul-07 Brian J.Tunick

The Children's Place : Trend is NotYour Friend; Slashing EPS Est.


China Finance Online Co. (ADR) JRJC25-Sep-07 Dick Wei China Finance Online : Raises 3Q07

revenue guidance; issues '08guidance - ALERT

OVERWEIGHT 0.0800 Q2-07 0.1100 Q3-07 0.3500 FY07 USD 29.00 21-Sep-07 Dec-08

Chipotle Mexican Grill, Inc. CMG1-Aug-07 Steven Rees Chipotle Mexican Grill, Inc. : Strong

2Q Sales, Lower Costs DriveEarnings Beat; Raising Estimates


Choice Hotels International, Inc. CHH19-Sep-07 Harry C.

CurtisChoice Hotels International :Stepping-Up The Share RepurchasePace In 3Q


26-Jul-07 Harry C.Curtis

Choice Hotels International : 2HConsistent With Peers.



Choice Hotels International : Strong2Q Results; 2H Lowered By $0.01.


ChoicePoint Inc. CPS26-Jul-07 Fred W.

SearbyChoicePoint Inc. : Steady Progressto Strengthen Business


Christopher & Banks Corporation CBK28-Sep-07 Christopher

KimChristopher & Banks Corp. :Running a Tighter Ship; TrendsEncouraging


Chunghwa Telecom 2412.TW10-Sep-07 Jimmy

CheongChunghwa Telecom Co., Ltd :August sales up 2% y/y - ALERT

NEUTRAL 1.1727 Q2-07 NA Q3-07 4.5700 FY07 TWD 59.00 10-Sep-07 Jun-08

30-Aug-07 JimmyCheong

Chunghwa Telecom Co., Ltd : Solid1H07 result driven by good costcontrol

NEUTRAL 1.1727 Q2-07 NA Q3-07 3.9636 FY07 TWD 64.00 1-Feb-07 Jun-08

Ciena Corporation CIEN31-Aug-07 Ehud A.

Gelblum PhCIENA Corp : FQ307 Wrap: StrongQuarter, Solid Guidance - Next Stop




EPS EPS EPS

of 225

D 15% Op Margins; Raising Ests30-Aug-07 Ehud A.

Gelblum PhD

CIENA Corp : FQ307 Quick Take:Very Strong Gross Margin DrivesHefty EPS Beat; Reit OW - ALERT


CIGNA Corporation CI2-Aug-07 William

GeorgesCigna : Strong 2Q Results Cloudedby Broader Market Concerns;Raising Estimates



Cigna : Second Quarter Preview:Expect Solid 2Q Results


Cincinnati Bell Inc. CBB.N18-Sep-07 Jonathan

ChaplinCincinnati Bell, Inc. : Comments atGoldman Conference Support OurThesis - ALERT

OVERWEIGHT 0.0800 Q2-07 0.0800 Q3-07 0.3200 FY07 USD 6.00 13-Sep-07 Mar-08

13-Sep-07 JonathanChaplin

Cincinnati Bell, Inc. : Taking UpEstimates Following MgmtMeetings; Adding to JPM Focus Listwith $6 March 08 Price Target

OVERWEIGHT 0.0800 Q2-07 0.0800 Q3-07 0.3100 FY07 USD 6.00 13-Sep-07 Mar-08


Cincinnati Bell, Inc. : 2Q07 ResultsUnderscore Positive InvestmentThesis



Cincinnati Bell, Inc. : 2Q07 QuickTake - ALERT



Cincinnati Bell, Inc. :Second-Quarter 2007 Preview -ALERT


Cinemark Holdings, Inc. CNK20-Sep-07 Barton

CrockettCinemark, Inc. : Under-AppreciatedMargin and Dividend Story; Initiateat Overweight


Cintas Corporation CTAS1-Aug-07 Michael J.

FoxCintas Corp. : FY2007 10K Review OVERWEIGHT 0.6200 Q4-08 NA Q1-09 2.2400 FY07 USD * NA NA


Cintas Corp. : F4Q07 EPS AboveExpectations, Solid Results


Circuit City Stores, Inc. CC21-Sep-07 Stephen Circuit City Stores : Batteries Still OVERWEIGHT -0.3800 Q2-08 0.1400 Q3-08 0.4400 FY07 USD * NA NA



EPS EPS EPS

of 225

Chick Required: High Risk/High Return;Overweight - Q208 Review

Cisco Systems, Inc. CSCO6-Sep-07 Ehud A.

Gelblum PhD

Cisco Systems : It's All AboutCollaboration and Video; Reit OW



Cisco Systems : FQ407 Wrap:Penny Beat Trumped by New12-17% LT Annual Revenue GrowthGuidance; Reit OW



Cisco Systems : FQ407 Wrap:Penny Beat Trumped by New12-17% LT Annual Revenue GrowthGuidance; Reit OW



Cisco Systems : FQ407 Preview:Expecting a Strong Quarter, andRevenue Growth Guidance of 15%+for FY08


CIT Group Inc. CIT16-Jul-07 George A.

SaccoCIT Group : Adjusting EPS Ests. forPortfolio Purchases and Higher FeeIncome; Credit Quality Likely toWeaken


Citi Trends, Inc. CTRN28-Sep-07 Evren

KopelmanCiti Trends, Inc. : Highlights FromMeetings With Management


9-Aug-07 EvrenKopelman

Citi Trends, Inc. : Off Price GonnaBe on Sale; Slashing Estimates


Citigroup Inc. C11-Sep-07 Vivek Juneja Citigroup Inc. : CP Mkt Slight Ebb,

Growing B/S, Subprime FalloutOVERWEIGHT 1.1800 Q2-07 NA Q3-07 4.5900 FY07 USD * NA NA

4-Sep-07 Vivek Juneja Citigroup Inc. : Subprime OptionExercised - Opportunistic Purchaseof Ameriquest Assets - ALERT


9-Aug-07 Vivek Juneja Citigroup Inc. : Further Home EqWeakness in 3Q - 10Q


23-Jul-07 Vivek Juneja Citigroup Inc. : 2Q: Intl Mkts, CreditQuality Key, Consumer Weak


19-Jul-07 Vivek Juneja Citigroup Inc. : 10% Chile Bank OVERWEIGHT 1.1400 Q2-07 1.1500 Q3-07 4.4900 FY07 USD * NA NA



EPS EPS EPS

of 225

Stake, Complex Struc, Mgmt Ctrl?5-Jul-07 Vivek Juneja Citigroup Inc. : Raising Estimates for

Better Growth in GWM, Inv. BkgGlobally


Citizens Communications CZN.N1-Aug-07 Jonathan

ChaplinCitizens Communications : 2Q07Quick Take - ALERT


Citrix Systems, Inc. CTXS11-Sep-07 Adam Holt Citrix Systems, Inc. : Citrix Gets

Back on File, Publishing RestatedModel


15-Aug-07 Adam Holt Citrix Systems, Inc. : Citrix DoublesDown on Virtualization


19-Jul-07 Adam Holt Citrix Systems, Inc. : ApplicationVirtualization Breaks Out in StrongQ2


18-Jul-07 Adam Holt Citrix Systems, Inc. : SurprisinglyStrong Q2 Sets Stage for SecondHalf - ALERT


10-Jul-07 Adam Holt Citrix Systems, Inc. : Transitional Q2- Last Hurdle to Second Half Story


2-Jul-07 Adam Holt Citrix Systems, Inc. : Preliminary Q2Channel Work Points to PotentialNetScaler Weakness


CKE Restaurants, Inc. CKR22-Aug-07 Steven Rees CKE Restaurants : Better Hardee's

Comps, Offset By Lower Carl's Jr.;Lowering Est's Based on CostPressures


24-Jul-07 Steven Rees CKE Restaurants : P6 Sales In LineWith Expectations: Carl's SlightlyAbove, Hardee's Slightly Below;Operating Cost Pressures Persist


23-Jul-07 Steven Rees CKE Restaurants : Significant L-TPotential, But N-T Margin ConcernsWarrant Neutral Rating


Clear Channel Communications, Inc. CCU25-Sep-07 John

BlackledgeClear Channel Communications :Shareholders Approve Takeover




EPS EPS EPS

of 225

Deal at $39.20 - ALERT27-Jul-07 John

BlackledgeClear Channel Communications :2Q07 First Glance: Radio andDomestic Outdoor Drive ResultsAhead of Expectations - ALERT



Clear Channel Outdoor : StrongDomestic Growth Offset in Part byDecline in Int'l Margins Drives 2QUpside


Clearwire Corporation CLWR7-Aug-07 Thomas J.

LeeClearwire : Strong 2Q. Core marketsdemonstrating impressive scale.


7-Aug-07 Thomas J.Lee

Clearwire : Weakness franklyconfounding. Needless worrypost-2Q. Buy on weakness. -ALERT



Clearwire : No reason for the stockto be pummeled in front of 2Q. BuyBuy Buy - ALERT



Clearwire : 2Q07 1st take: Strongnet adds. 14 mkts EBITDA positive.Positive - ALERT


2-Jul-07 Thomas J.Lee

Clearwire : Mgmt meetings affirmstronger visibility. Upside of VOIP,Laptop Cards, Dish/DIRECTV.


CME Group Inc. CETV2-Aug-07 Cesar Tiron CME : Strong Quarter, Strong

Outlook for 2007 - ALERTOVERWEIGHT NA Q2-07 NA Q3-07 2.0200 FY07 USD * NA NA

CMS Energy Corporation CMS20-Sep-07 Andrew

SmithCMS Energy Corp : Analyst DayIllustrates Growth Opportunities andFinancial Flexibility

OVERWEIGHT 0.0800 Q2-07 NA Q3-07 0.8500 FY07 USD 23.00 3-May-07 May-08

18-Sep-07 AndrewSmith

CMS Energy Corp : StaffRecommends No Partial InterimRate Relief; Limited Bearing onFinal Outcome - Neutral - ALERT -Corrected Alert supersedes anyprevious - ALERT


24-Aug-07 AndrewSmith

CMS Energy Corp : ContinuedUnderperformance of SharesUnwarranted - Reiterating




EPS EPS EPS

of 225

Investment Case7-Aug-07 Andrew

SmithCMS Energy Corp : ProposedSettlement in Gas Rate CaseRemoves Uncertainty - Positive -ALERT


20-Jul-07 AndrewSmith

CMS Energy Corp : Staff TestimonySets a Likely Floor in Gas RateCase; Positive for Stock; Reit OW -ALERT

OVERWEIGHT NA Q2-07 NA Q3-07 0.8500 FY07 USD 23.00 3-May-07 May-08

CNET Networks, Inc. CNET27-Jul-07 Imran Khan CNET Networks : 2Q US Growth

Disappoints, Adjusting Est.NEUTRAL -0.0100 Q2-07 0.0300 Q3-07 1.3600 FY07 USD * NA NA

CNH Global N.V. (ADR) CNH23-Jul-07 Stephen

VolkmannCFA

CNH Global : Strong 2Q Driven byAg, FY07 Guidance Raised - ALERT


Coach, Inc. COH6-Aug-07 Brian J.

TunickCoach, Inc : Safer Play in ChoppyRetail Tape; Raising Est.


Coca-Cola Enterprises Inc. CCE26-Jul-07 John

FaucherCoca-Cola Enterprises : A Good Q2Result For CCE - ALERT



Coca-Cola Enterprises : Saying AllThe Right Things



Coca-Cola Enterprises : ReadingThe Print: What To Look For InCCE's Q2


Coeur d'Alene Mines Corporation CDE8-Aug-07 John Bridges Coeur d'Alene : Quick Q2'07: Cerro

Bayo weak this quarter, butprogress continues with the vitalPalmarejo purchase - ALERT


8-Aug-07 John Bridges Coeur d'Alene : Wrap Q2'07: Stockbasing?


Cogent, Inc. COGT10-Sep-07 Paul Coster Cogent Systems : Northrop NEUTRAL 0.1100 Q2-07 0.0800 Q3-07 0.3600 FY07 USD * NA NA



EPS EPS EPS

of 225

Grumman Settles Lawsuit for $60m- ALERT

2-Aug-07 Paul Coster Cogent Systems : 2Q07 ResultsBeat, Guidance Raised; Adj. Ests


Cognizant Technology Solutions Corp. CTSH17-Sep-07 Christine

PezinoCognizant Technology Solutions :Announces Share Buyback andStock Split - POSITIVE

OVERWEIGHT 0.5400 Q2-07 0.5800 Q3-07 2.2300 FY07 USD 100.00 12-Jul-07 Jan-08


Cognizant Technology Solutions :Another Buying OpportunityPresents Itself, May be the Last,Reiterate OW


31-Jul-07 ChristinePezino

Cognizant Technology Solutions :Q207 Results Preview: WellPositioned to OutperformExpectations



Cognizant Technology Solutions :Poised for SeasonalOutperformance; Adding to FocusList, Setting $100 Price Target


Cognos Incorporated COGN28-Sep-07 Adam Holt Cognos : License Set to Accelerate,

Strong CAD Trips EPS OutlookOVERWEIGHT 0.4000 Q2-08 0.5300 Q3-08 2.0500 FY07 USD * NA NA

27-Sep-07 Adam Holt Cognos : Solid Q2, EPS GuidanceLooks Conservative


6-Sep-07 Adam Holt Cognos : Risk-RewardFavorable--Upgrading to Overweight


5-Sep-07 Adam Holt Cognos : Cognos StrengthensPerformance Mgmt. Positioning


Coinstar, Inc. CSTR6-Aug-07 Amir J.

MarkowitzCoinstar Inc. : Inline Quarter,Remain Neutral. Adj Estimates


Coldwater Creek Inc. CWTR30-Aug-07 Christopher

KimColdwater Creek Inc. : JustLowering the Bar or 2H Really ThatBleak?


Coley Pharmaceutical Group, Inc. COLY



EPS EPS EPS

of 225


Coley Pharmaceutical Group :PF'676 still in the clinic; Buildingearly stage pipeline; Adj Est.


Colgate-Palmolive Company CL26-Jul-07 John

FaucherColgate-Palmolive : NothingCounterfeit About These Results



Colgate-Palmolive : CL PostsAnother High Quality Quarter -ALERT



Colgate-Palmolive : Expect AnotherStrong Quarter for CL



Colgate-Palmolive : Reading ThePrint: What To Look For In CL's Q2



Colgate-Palmolive : CompensationData For New CEO Keeps The BarAt Current Levels - ALERT


Collective Brands Inc. PSS30-Aug-07 Robert

SamuelsCollective Brands Inc : Longer-TermThesis Intact; Adj. Ests.


Comerica Incorporated CMA18-Jul-07 Steven

AlexopoulosComerica, Incorporated : 2Q07Post-Call Comments; 2Q ResultsUnderscore Headwinds FacingCMA, Maintain Neutral


Commerce Bancorp, Inc. CBH24-Jul-07 Steven

AlexopoulosCommerce Bancorp Inc. : 2Q07First Look; CBH Beats the Street,but Period End Deposit GrowthStalls - ALERT


24-Jul-07 StevenAlexopoulos

Commerce Bancorp Inc. : 2Q07Review: Strong Second QuarterShowing Out of CBH, but MaintainNeutral on Steep Valuation


Commercial Vehicle Group, Inc. CVGI26-Jul-07 Stephen

VolkmannCFA

Commercial Vehicle Group : 2QMiss on Weaker Volumes and EndMarket Mix; Lowering Estimates.




EPS EPS EPS

of 225

Community Health Systems CYH1-Aug-07 Andreas

DirnaglCommunity Health : CYH: Settingthe Stage, Raising Estimates for TRIAcquisition



Community Health : CYH: 2Q07 HitsStreet Expectations - ALERT


CommVault Systems, Inc. CVLT26-Sep-07 Aaron M.

SchwartzCommVault Systems : Patience WillBe Rewarded; Simpana Update


3-Aug-07 Aaron M.Schwartz

CommVault Systems : CVLTNavigates Through Q1, Simpana Isthe Next Phase



CommVault Systems : Q1 Preview:We Continue to Like the Model for2H



CommVault Systems : v7.0 ReleaseIs Official; We Look for Upside in2H08



CommVault Systems : Mid-July v7.0Product Launch Could Provide 2H08Upside


Compass Minerals International, Inc. CMP13-Aug-07 David Silver Compass Minerals International, Inc.

: We Raise our Rating to OverweightOVERWEIGHT -0.1000 Q2-07 0.0700 Q3-07 1.8500 FY07 USD * NA NA

31-Jul-07 David Silver Compass Minerals International, Inc.: Financial Flexibility Rising


Computer Sciences Corporation CSC22-Aug-07 Tien-Tsin

HuangComputer Sciences : Updating forAcq; Publishing 2009 Estimates



Computer Sciences : F1Q08Bookings: Another Solid SigningsQuarter - ALERT


Compuware Corporation CPWR16-Aug-07 Aaron M.

SchwartzCompuware : Stock RepurchaseActivity to Slow, Adjusting Estimates



Compuware : Q108 Inline WithPreliminary Results, FurtherRestructuring Expected




EPS EPS EPS

of 225


Compuware : Q108 Miss PromptsFurther Change; Improvements WillTake Time; Adjusting Estimates


Comverse Technology, Inc. CMVT11-Sep-07 P. Sterling

Auty IIComverse Technology : ProfitabilityShows Big Improvement


10-Sep-07 P. SterlingAuty II

Comverse Technology : What toFocus on in Tonight's Earnings -ALERT



Comverse Technology : Closer Lookat Segments


ConAgra Foods, Inc. CAG21-Sep-07 Pablo E.

ZuanicConAgra Foods : On the Impact ofthe Peanut Butter Recall



ConAgra Foods : Quick Take on1Q08



ConAgra Foods : Cutting EstimatesFor The Next 3 Quarters



ConAgra Foods : Touching UpEstimates, Remain UW


ConocoPhillips COP25-Jul-07 KATHERINE

LUCASConocoPhillips : 2Q07 EarningsBeat on Downstream, Lukoil -ALERT



ConocoPhillips : Additional $13b inshare repurchases represents 10%of current market cap - ALERT



ConocoPhillips : 2Q07 interimhighlights downstream strength, butcautions on full margin capture -ALERT


Conseco, Inc. CNO7-Aug-07 Jimmy

BhullarConseco, Inc. : Charges MarResults; Outlook Remains Cautious


CONSOL Energy Inc. CNX10-Jul-07 John Bridges CONSOL Energy : Buchanan's

rockfall stock reaction overdone -NEUTRAL 0.7900 Q2-07 0.6000 Q3-07 2.5900 FY07 USD * NA NA



EPS EPS EPS

of 225

ALERT

Consolidated Communications Holdings Inc CNSL.OQ9-Aug-07 Jonathan

ChaplinConsolidated Communications :2Q07 Quick Take - ALERT



Consolidated Communications :Solid Results; Thesis on Track;Reiterate Overweight



Consolidated Communications :2Q07 Preview - ALERT



Consolidated Communications :Acquisition of North Pittsburgh isPositive



Consolidated Communications :CNSL Acquires North Pittsburgh -ALERT


Consolidated Edison, Inc. ED2-Aug-07 Andrew

SmithConsolidated Edison : 2Q07 Resultsabout in Line - Neutral for Stock -ALERT



Consolidated Edison : RecommendBuying on Weakness - ALERT


Constellation Brands, Inc. STZ.N24-Sep-07 Dara W.

MohsenianConstellation Brands : Solid NielsenWine Industry Results



Constellation Brands : Raising FYEPS After Q1 Upside



Constellation Brands : SlightDeceleration in Nielsen WineResults


Constellation Energy Group, Inc. CEG27-Jul-07 Andrew

SmithConstellation Energy Group : 2QEPS Ahead of Ests and GuidanceReaffirmed - ALERT



Constellation Energy Group : 10%Purchase Option with EDF NuclearJV Likely to Support Shares -ALERT




EPS EPS EPS

of 225

Continental Airlines, Inc. CAL.N27-Sep-07 Jamie Baker U.S. Airlines : Carrier RASM

Previews; CAL EPS TrimmedOVERWEIGHT 2.1000 Q2-07 2.3500 Q3-07 4.7000 FY07 USD * NA NA

16-Aug-07 Jamie Baker Continental Airlines, Inc. : FearBegets Opportunity; CAL Added toFocus List


Continental Resources, Inc. CLR8-Aug-07 Joseph D.

AllmanContinental Resources, Inc. : CorePlays Progressing Well; AdvancingA Few New Ones


Con-way Inc. CNW24-Sep-07 Thomas R.

WadewitzCon-way : Strong 08 CompanyStory; Highlights from Meetings withManagement


10-Sep-07 Thomas R.Wadewitz

Con-way : Strategic MomentumContinues as CNW Acquires aChinese Logistics Company


24-Aug-07 Thomas R.Wadewitz

Con-way : Completion of CFI Deal isPositive; Raising 08 EPS



Con-way : LTL Restructuring is aPositive for CNW



Con-way : Defense Contract Win isa Positive



Con-way : TL Acquisition is aPositive but Revenue Synergieshave Execution Risk



Con-way : Searching for Balance inPrice / Volume Equation; AssumingCoverage with Neutral Rating


Cooper Tire & Rubber Company CTB31-Jul-07 Himanshu

PatelCooper Tire & Rubber : Quick TakeOn Sale of Retread Business -ALERT


Copa Holdings, S.A. CPA15-Aug-07 Jamie Baker Copa Holdings, S.A. : 60-Second

Update - ALERTOVERWEIGHT 0.6500 Q2-07 1.3800 Q3-07 4.4600 FY07 USD * NA NA

Core Laboratories N.V. CLB



EPS EPS EPS

of 225

27-Jul-07 Kevin Pollard Core Laboratories N.V. : Add OilSands to the List of CLB's GrowthMarkets


Corinthian Colleges, Inc. COCO29-Aug-07 Edward

YrumaCorinthian Colleges, Inc : 4Q:Positive Signs, Inflection Point


2-Aug-07 EdwardYruma

Corinthian Colleges, Inc : 4Q: MixedBag, Look Beyond



Corinthian Colleges, Inc : LeavingBase Camp; Initiate at Overweight


Corning Incorporated GLW19-Sep-07 Curtis

WoodworthCorning : GLW Guides To HighRange of 3Q EPS; Reit. Focus ListPick as Fundamentals RemainStrong

OVERWEIGHT 0.3400 Q2-07 0.3700 Q3-07 1.3700 FY07 USD 32.00 19-Jun-07 Jun-08


Corning : Secular Trends in LCDMarkets Remain Powerful - JPMNow Forecasts 55% Area Growth in2008



Corning : Sell-Off on InventoryConcerns Unwarranted - DemandFundamentals Strong for IT andLCD TV


26-Jul-07 CurtisWoodworth

Corning : Sell-Off Unwarranted -EPS Growth Remains Strong andPanel Maker Inventories areNormal; Reit OW



Corning : 2Q Upside Driven byStrong Display Volumes / SupplyChain Noise Creates Buying Opp -ALERT


Costco Wholesale Corporation COST6-Sep-07 Charles

GromCostco Wholesale Corporation :Deja Vu, Buy on the Dip as MarginThesis Intact



Costco Wholesale Corporation : ACloser Look - New StoreEconomics, Overweight


Cott Corporation COT



EPS EPS EPS

of 225

24-Sep-07 Dara W.Mohsenian

Cott Corp : Lowering EPS AfterNegativePre-Announcement-WeaknessLikely to Linger



Cott Corp : Lowering FY EPS AfterWeak Q2 EPS


Countrywide Financial Corporation CFC23-Aug-07 George A.

SaccoCountrywide Financial Corporation :BAC Investment A SignificantNear-term Positive for Sentiment -ALERT


15-Aug-07 George A.Sacco

Countrywide Financial Corporation :S&P Affirms ABCP Ratings, butMonthly Numbers ShowUnwarranted Headcount Growth -ALERT



Countrywide Financial Corporation :10Q Market Comments Are NotNew; Press Reports Are anOverreaction - ALERT


17-Jul-07 George A.Sacco

Countrywide Financial Corporation :Tough Pricing and CreditEnvironment Offset Benefit ofStrong Volume; Cutting Estimates


Covanta Holding Corporation CVA26-Jul-07 Andrew

SmithCovanta Holding Corp. : Sell-OffUnwarranted Given SolidFundamentals; Reiterate Neutral


Coventry Health Care, Inc. CVH11-Sep-07 William

GeorgesCoventry Health Care Inc. :Coventry Completes Acquisition ofVista Healthplans; RaisingEstimates



Coventry Health Care Inc. : 2QEPSof $0.96 Beats Estimates; Reaffirms2007 EPS Guidance - ALERT



Coventry Health Care Inc. : Solid 2QResults Driven By Medicare andPart D




EPS EPS EPS

of 225

Covidien Ltd. COV10-Aug-07 Taylor Harris Covidien : Value Drivers Perform,

While Spending RampsNEUTRAL 0.6700 Q3-07 0.6000 Q4-07 2.8700 FY07 USD * NA NA

9-Aug-07 Taylor Harris Covidien : Early Read on F3QResults


Cox Radio, Inc. CXR2-Aug-07 John

BlackledgeCox Radio Inc. : 2Q Slightly Aheadof Forecast but 3Q Guidance In-Line


1-Aug-07 JohnBlackledge

Cox Radio Inc. : 2Q07 First Glance:A Better than Expected Quarter,Though Growth Remains Elusive -ALERT


CRA International, Inc. CRAI.OQ27-Sep-07 Michael J.

FoxCRA International : F3Q07 Glance:EPS Below Consensus DespiteSolid Revenue Growth, MgtReiterates Guidance


Crane Co. CR25-Jul-07 Curtis

WoodworthCrane : Raising FY07 Ests. onIncreased Guid. and Margin Upsideat Eng Materials & Merchandising;Reit. N


Credence Systems Corp. CMOS31-Aug-07 Christopher

BlansettCredence Systems Corp : F3Q07Earnings - Better Than ExpectedResults Tempered By WeakGuidance; Adj. Ests.


Crown Holdings, Inc. CCK27-Aug-07 Claudia K.

ShankCrown Holdings : $100mm ShareBuyback; Reiterate Overweight -ALERT



Crown Holdings : Solid 2Q Result;Euro Bevcans Show Improvement



Crown Holdings : Pre Call Note -Solid Operating Results; Beat on theTax Line




EPS EPS EPS

of 225

CSX Corporation CSX7-Sep-07 Thomas R.

WadewitzCSX : Weak Volumes Contrast withStrong Investment Plans; Highlightsfrom Analyst Meeting



CSX : One Time Items ProvideBoost; But 2Q Still Solid


CTC Media, Inc. CTCM4-Sep-07 Jean-Charles

A.Lemardeley

CTC Media : Expands in CIS withentry in Kazakhstan and Uzbekistan- ALERT


Cubic Corporation CUB3-Aug-07 Paul Coster Cubic Corp (CUB) : Model UNDERWEIGHT0.4200 Q3-07 0.3600 Q4-07 1.5100 FY07 USD * NA NA2-Aug-07 Paul Coster Cubic Corp : F3Q07 Results Show

Improvement; Adj. EstsUNDERWEIGHT0.4200 Q3-07 0.3200 Q4-07 1.3900 FY07 USD * NA NA

Cullen/Frost Bankers, Inc. CFR26-Jul-07 John Pancari Cullen/Frost Bankers Inc. : High

Quality EPS Outlook RemainsIntact; Reit O/W


Cummins Inc. CMI.N25-Sep-07 Stephen

VolkmannCFA

Truck Update: Trimming IndustryForecasts : PCAR Downgraded toNeutral



Cummins Inc : Impressive 2QResults; Raising Estimates Again



Cummins Inc : Strong 2Q BeatReflects Broad BasedOutperformance - ALERT


Cumulus Media Inc. CMLS.OQ8-Aug-07 John

BlackledgeCumulus Media Inc : 2Q GrowthExceeds Expectations, but 3QOutlook Slightly Lower thanExpected



Cumulus Media Inc : Dickey andMerrill Lynch to Take CMLS Privateat $11.75; Upgrading to Neutral




EPS EPS EPS

of 225

Cymer, Inc. CYMI27-Jul-07 Jay Deahna Cymer, Inc. : C2Q07 Results-Holy

Buyback Batman! ConsensusShould Rise, Tweaking C07 EPS,Maintaining C08


17-Jul-07 Jay Deahna Cymer, Inc. : JPM SemiconWestPresentation - Reasonably StableNear Term Outlook With OptimismFor 2008


D.R. Horton, Inc. DHI4-Sep-07 Michael

RehautD.R. Horton : Notes from the Road:FY07 Cash Flow GenerationAchievable; Environment RemainsChallenging



D.R. Horton : Post-Call Notes: >$1Bn Free Cash Flow TargetReiterated; Lowering Ests., butMaintain OW Rating

OVERWEIGHT 0.3800 Q3-07 0.0500 Q4-07 -0.2900 FY07 USD * NA NA


D.R. Horton : Large Charges MostlyAnticipated; Goodwill AlreadyIgnored By Most; SG&A, FCF arePositives - ALERT

OVERWEIGHT -0.8500 Q3-07 0.0500 Q4-07 -0.2900 FY07 USD * NA NA


D.R. Horton : In-Step With LEN &KBH, 3Q Charges Should RiseSignificantly; Also, OrdersDisappoint; Lowering Ests


Danaher Corporation DHR19-Sep-07 C. Stephen

Tusa Jr.Danaher : New Product in IVDWould Be Positive


6-Sep-07 C. StephenTusa Jr.

Danaher : Attractive Med Tech Storya Key to a More Consistent, HigherGrowth DHR


30-Jul-07 C. StephenTusa Jr.

Danaher : Late Cycle Story Intact,Upgrading to OW - Corrected Notesupersedes any previous versions



Danaher : Strong 2Q NEUTRAL 0.9400 Q2-07 0.9500 Q3-07 3.7800 FY07 USD * NA NA

Darden Restaurants, Inc. DRI.N3-Aug-07 John Ivankoe Darden Restaurants : Strong

Results From Our Top Pick inOVERWEIGHT 0.7600 Q4-08 0.7400 Q1-09 2.7500 FY07 USD * NA NA



EPS EPS EPS

of 225

Casual Dining10-Jul-07 John Ivankoe Darden Restaurants : Solid June

SSS for Our Top Casual Dining PickOVERWEIGHT NA Q4-08 NA Q1-09 2.7400 FY07 USD * NA NA

DaVita Inc. DVA12-Sep-07 Andreas

DirnaglDaVita Inc. : CardioRenal PanelOutcomes a Positive Event forDialysis

OVERWEIGHT 0.8300 Q2-07 0.8300 Q3-07 3.2700 FY07 USD 77.00 2-Oct-06 Oct-07

11-Sep-07 AndreasDirnagl

DaVita Inc. : Acquisition ofHomeChoice Moves DVA intoInfusion Therapy - ALERT



DaVita Inc. : Morning Session ofFDA CardioRenal Panel Inline withExpectations - ALERT



DaVita Inc. : Our Take on theCardioRenal Documents - ALERT



DaVita Inc. : Buying Opportunity InFront of FDA Panel



DaVita Inc. : All Guns Blazing -2Q07 EPS Beat, Call Positive,Raising Estimates



DaVita Inc. : CMS AnnouncesRevised EPO Policy - ALERT


DCT Industrial Trust Inc. DCT17-Aug-07 Michael

MuellerDCT Industrial Trust : ModelAdjustment



DCT Industrial Trust : Q2 $0.01ahead; guidance reaffirmed


DealerTrack Holdings, Inc. TRAK3-Aug-07 Tien-Tsin

HuangDealerTrack Holdings, Inc. : Strong2Q Results and Outlook; Publishing'08 Estimates


deCODE genetics, Inc. DCGN3-Aug-07 Jeffrey J.

ZekauskasdeCODE genetics, Inc. : A Focus onPartners



deCODE genetics, Inc. : DCGNLikely to Meet '07 Goals - ALERT



deCODE genetics, Inc. : DCGNLaunches Second Genetic Test -ALERT




EPS EPS EPS

of 225

Deere & Company DE15-Aug-07 Stephen

VolkmannCFA

Deere & Co. : 3Q Results ConfirmOur Top Pick Thesis


dELiA's, Inc. DLIA31-Aug-07 Anna A.

AndreevaDelia's, Inc. : Business Model BeingTweaked Again; Cutting EPS Est.


Dell Inc. DELL31-Aug-07 Bill C. Shope

CFADell Inc. : Gross Margins the KeySource of Upside, Tightening SupplyChain a Key Focus



Dell Inc. : Accounting ProblemsApproach Resolution, RegulatoryActions Remain Uncertain


Delta Petroleum Corp. DPTR27-Sep-07 Brian L.

KuzmaDelta Petroleum Corporation : SlightReduction In CapEx Budget; ShouldBe Funded Until 2H08.



Delta Petroleum Corporation :Changing Estimates FollowingConference Call

NEUTRAL -0.1300 Q2-07 NA Q3-07 -0.5600 FY07 USD * NA NA


Delta Petroleum Corporation : Q2First Take - Positive on VegaGrowth - ALERT


Denbury Resources Inc. DNR27-Aug-07 Joseph D.

AllmanDenbury Resources Inc. : UpdatingModel For Quarterly Results



Denbury Resources Inc. : Earnings,Production Guidance and TertiaryOil Production Above Expectations -ALERT


Developers Diversified Realty Corp. DDR25-Jul-07 Michael

MuellerDevelopers Diversified Realty : Q2well ahead of us largely onnet-gains/fees; Big Qtr for capitalrecycling




EPS EPS EPS

of 225

Devon Energy Corporation DVN19-Jul-07 Joseph D.

AllmanDevon Energy : CreatingMid-Stream MLP - Adds$3.00-4.00/share


DeVry Inc. DV14-Aug-07 Edward

YrumaDeVry, Inc : 4Q: Work in Progress,Signs of Progress



DeVry, Inc : Technically Turning aCorner; Initiate at Overweight


Diamond Mgt. & Technology Consultants In DTPI7-Aug-07 Christine

PezinoDiamond Management &Technology : FYQ108 Results:Encouraging, but Limited Visibilityon 2H Acceleration; MaintainNeutral


Dick's Sporting Goods, Inc. DKS21-Aug-07 Nancy Hoch Dick's Sporting Goods : Nothing But

Net in 2Q; Raising EstimatesOVERWEIGHT 0.7800 Q2-08 0.0100 Q3-08 2.5000 FY07 USD * NA NA

Digirad Corporation DRAD6-Aug-07 Tycho

PetersonDigirad Corporation : 2Q RevenuesCome in Light but EPS TurnsPositive


Directed Electronics, Inc. DEIX.OQ10-Aug-07 Paul Coster Directed Electronics, Inc. : Weak

2Q: On Very Thin Ice; LoweringEsts.


7-Aug-07 Paul Coster Directed Electronics, Inc. : 2Q07Preview: Thin Ice


11-Jul-07 Paul Coster Directed Electronics, Inc. : SatelliteRadio Sales to be Weak; ReiterateOW


DivX, Inc. DIVX27-Sep-07 Paul Coster DivX, Inc : DivX Signs with Yahoo! -

Positive! - ALERTOVERWEIGHT 0.1000 Q2-07 0.1300 Q3-07 0.5000 FY07 USD * NA NA

12-Sep-07 Paul Coster DivX, Inc : DivX Licenses Read OVERWEIGHT 0.1000 Q2-07 0.1300 Q3-07 0.5000 FY07 USD * NA NA



EPS EPS EPS

of 225

Technology to Qualcomm - ALERT4-Sep-07 Paul Coster DivX, Inc : More That Meets the EyeOVERWEIGHT 0.1000 Q2-07 0.1300 Q3-07 0.5000 FY07 USD * NA NA31-Aug-07 Paul Coster DivX, Inc : A Slew of

Announcements - Including the firstOVERWEIGHT 0.1000 Q2-07 0.1300 Q3-07 0.5000 FY07 USD * NA NA

16-Aug-07 Paul Coster DivX, Inc : Meeting withManagement - Mild Positive -ALERT


10-Aug-07 Paul Coster DivX, Inc : 2Q: Anchored Down byStage6; Lower Ests.


24-Jul-07 Paul Coster DivX, Inc : Stage6 Going Off-Stage:Positive; Adjusting Ests


2-Jul-07 Paul Coster DivX, Inc : Moving Up the InternetTables - ALERT


Dobson Communications Corporation DCEL2-Jul-07 Thomas J.

LeeDobson Communications : AT&Tacquiring for $13 cash. Ruralconsolidation underway. - ALERT


Dolby Laboratories, Inc. DLB.N2-Aug-07 Paul Coster Dolby Laboratories, Inc. : F3Q: After

La Vista, Raising EstimatesOVERWEIGHT 0.2600 Q3-07 0.2000 Q4-07 1.0000 FY07 USD * NA NA

31-Jul-07 Paul Coster Dolby Laboratories, Inc. : F3QPreview: Solid in Slow Season


10-Jul-07 Paul Coster Dolby Laboratories, Inc. : Turned Onand Tuned In


Dollar Tree Stores, Inc. DLTR24-Sep-07 Charles

GromDollar Tree Stores, Inc. : Deal$ orNo Deal$, Analyst Day, Neutral


18-Sep-07 CharlesGrom

Dollar Tree Stores, Inc. : AnalystDay Preview, Valuation, Neutral



Dollar Tree Stores, Inc. : All-Star 2QPerformance; Bar Raised, Neutral



Dollar Tree Stores, Inc. : ReadingThe Print - What To Look For In2Q07 EPS


Dominion Resources, Inc. D2-Aug-07 Glenn B.

MullinDominion Resources : Focusing onOpportunities at RemainingBusinesses


1-Aug-07 Glenn B. Dominion Resources : 2Q07 NEUTRAL 0.9000 Q2-07 NA Q3-07 6.0500 FY07 USD * NA NA



EPS EPS EPS

of 225

Mullin Consensus Miss; Transformative Qtr- ALERT


Dominion Resources : Planned E&PAsset Sales Complete - ALERT


Domino's Pizza, Inc. DPZ24-Jul-07 John Ivankoe Domino's Pizza Inc : 2Q Earnings:

Pre-Call Points of Interest - ALERTOVERWEIGHT 0.2600 Q2-07 0.2100 Q3-07 1.1700 FY07 USD * NA NA

Domtar Corp. UFS12-Sep-07 Claudia K.

ShankDomtar : Increased ConfidenceFollowing Investor Day

OVERWEIGHT 0.0211 Q2-07 0.1052 Q3-07 0.3786 FY07 CAD * NA NA

11-Sep-07 Claudia K.Shank

Domtar : Day 1 Analyst and InvestorDay Highlights - ALERT


13-Aug-07 Claudia K.Shank

Domtar : Pre-Call Note: ConfusingResult; Looks a Little Light - ALERT



Domtar : 2Q Miss LargelyMaintenance and Wood; Adj Ests.


Double Hull Tankers, Inc. DHT30-Aug-07 Jonathan

ChappellDouble Hull Tankers : Lower EPSEst. on 2Q Miss, Higher Costs; Reit.N


Double-Take Software, Inc. DBTK19-Sep-07 Aaron M.

SchwartzDouble-Take Software : MgmtMeetings Highlight GrowthOpportunities


Dover Corporation DOV20-Sep-07 C. Stephen

Tusa Jr.Dover : CEO Meetings SuggestStory Is On Track



Dover : Business Realignment aModest Positive - ALERT


3-Aug-07 C. StephenTusa Jr.

Dover : New Stock Buyback Plan IsA Positive - ALERT



Dover : Encouraging 2Q OVERWEIGHT 0.8500 Q2-07 0.8900 Q3-07 3.3000 FY07 USD * NA NA


Dover : Follow-Up from theConference Call - ALERT




EPS EPS EPS

of 225

DRDGold DRDJ.J31-Aug-07 Allan Cooke DRDGold Ltd: The Curate's Egg -

SA may hold some potential withoutERPM's u/g mining - ALERT

NEUTRAL NA Q4-07 NA Q4-07 8 FY07 SAR 5.10 17-Jul-07 Jul-08

17-Jul-07 Allan Cooke SA Gold & Platinum Foresight NEUTRAL NA Q4-07 NA Q4-07 8 FY07 SAR 5.10 17-Jul-07 Jul-08

DreamWorks Animation SKG, Inc. DWA7-Aug-07 Barton

CrockettDreamWorks Animation SKG, Inc. :Allen Sale, Lessens Overhang,Consumes Near-Term Capacity -ALERT



DreamWorks Animation SKG, Inc. :2Q07 Review: Ex Items, Shrek3Drove Upside


Dresser-Rand Group Inc. DRC1-Aug-07 Kevin Pollard Dresser-Rand Group Inc. :

Long-Term Earnings VisibilityContinues to Improve; RaisingEstimates


DST Systems, Inc. DST20-Jul-07 Tien-Tsin

HuangDST Systems : Raising FY08 EPSPost 2Q Call; Maintain Overweight



DST Systems : 2Q07 First Look:Basically In-Line - ALERT


DTS Inc. DTSI10-Aug-07 Paul Coster Digital Theater Systems, Inc. : Solid

2Q and Guidance; Adj. EstsUNDERWEIGHT0.1600 Q2-07 NA Q3-07 NA FY07 USD * NA NA

7-Aug-07 Paul Coster Digital Theater Systems, Inc. : 2QPreview: Reason for Caution

UNDERWEIGHT NA Q2-07 NA Q3-07 NA FY07 USD * NA NA

Duke Energy Corporation DUK7-Aug-07 Andrew

SmithDuke Energy Corp. : 2Q07 BeatDriven largely by Weather; GuidingAhead of 2007 Target - ModestPositive Reaction Today - ALERT


Dynamic Materials Corporation BOOM27-Jul-07 Michael Dynamic Materials : Record backlogOVERWEIGHT 0.4600 Q2-07 0.4700 Q3-07 1.8200 FY07 USD * NA NA



EPS EPS EPS

of 225

Gambardella points to strong 2H - Raising EPS

Dynegy Inc. DYN6-Sep-07 Andrew

SmithDynegy, Inc. : Recent SellingUnwarranted - Significant Capacityto Buyback Stock


9-Aug-07 AndrewSmith

Dynegy, Inc. : No SignificantChanges to EBITDA or Cash FlowGuidance; We Remain Buyers -ALERT


E.I. du Pont de Nemours & Company DD14-Sep-07 Jeffrey J.

ZekauskasDuPont : Validation - ALERT OVERWEIGHT 1.0400 Q2-07 0.5900 Q3-07 3.2000 FY07 USD * NA NA


DuPont : Pioneering Into 2008 -ALERT



DuPont : Ag Isn't Growing OVERWEIGHT 1.0400 Q2-07 0.5500 Q3-07 3.2000 FY07 USD * NA NA

Eagle Bulk Shipping Inc. EGLE21-Sep-07 Jonathan

ChappellEagle Bulk Shipping Inc. : LoweringEPS Estimates on Higher ShareCount


9-Aug-07 JonathanChappell

Eagle Bulk Shipping Inc. : Rev.Insurance Adds Div'd Security;Raising '08 Est.


Eagle Materials EXP16-Aug-07 Mike Betts Building Materials: Top picks:

Cemex, Martin Marietta and VulcanUNDERWEIGHT NA Q3-07 NA Q4-07 2.24E FY08 USD 40.00 8-May-07 Jun-08

13-Aug-07 Mike Betts Building Materials: Small changes toour EPS estimates and price targets

UNDERWEIGHT NA Q4-07 NA Q4-07 2.24E FY07 USD 40.00 8-May-07 Jun-08

31-Jul-07 Mike Betts Eagle Materials: Retaining EPSestimates, price target andUnderweight

UNDERWEIGHT NA Q3-07 NA Q4-07 2.23E FY07 USD 40.00 8-May-07 Jun-08

Eastman Chemical Company EMN30-Jul-07 Jeffrey J.

ZekauskasEastman Chemical Company : PCIAnchors Earnings



Eastman Chemical Company :2Q:07 EPS Positive - ALERT




EPS EPS EPS

of 225

Eaton Corporation ETN8-Aug-07 Stephen

VolkmannCFA

Eaton Corp. : Holy Cow, It Is Morethan Just Trucks; AssumingCoverage with Overweight


Eaton Vance Corp. EV24-Aug-07 KENNETH

WORTHINGTONEaton Vance Corp : EV PM ClarifiesMuni Fund Performance Issues


31-Jul-07 KENNETHWORTHINGTON

Eaton Vance Corp : Eaton VanceFiles For a New Closed End Fund


eBay Inc. EBAY25-Sep-07 Imran Khan eBay, Inc : 3Q Listings Update OVERWEIGHT 0.3400 Q2-07 0.3300 Q3-07 1.3900 FY07 USD * NA NA18-Sep-07 Imran Khan eBay, Inc : 3Q Listings Update OVERWEIGHT 0.3400 Q2-07 0.3300 Q3-07 1.3900 FY07 USD * NA NA11-Sep-07 Imran Khan eBay, Inc : A Turnaround in 3Q

Listings: Estimate Upside LikelyOVERWEIGHT 0.3400 Q2-07 0.3300 Q3-07 1.3900 FY07 USD * NA NA

28-Aug-07 Imran Khan eBay, Inc : 3Q Listings Update OVERWEIGHT 0.3400 Q2-07 0.3300 Q3-07 1.3900 FY07 USD * NA NA21-Aug-07 Imran Khan eBay, Inc : 3Q Listings Update OVERWEIGHT 0.3400 Q2-07 0.3300 Q3-07 1.3900 FY07 USD * NA NA14-Aug-07 Imran Khan eBay, Inc : 3Q Listings Update OVERWEIGHT 0.3400 Q2-07 0.3300 Q3-07 1.3900 FY07 USD * NA NA7-Aug-07 Imran Khan eBay, Inc : 3Q Listings Update OVERWEIGHT 0.3400 Q2-07 0.3300 Q3-07 1.3900 FY07 USD * NA NA31-Jul-07 Imran Khan eBay, Inc : 3Q Listings Update OVERWEIGHT 0.3400 Q2-07 0.3300 Q3-07 1.3900 FY07 USD * NA NA24-Jul-07 Imran Khan eBay, Inc : 3Q Listings Lower Y/Y

Due Partly To Tough CompsOVERWEIGHT 0.3400 Q2-07 0.3300 Q3-07 1.3900 FY07 USD * NA NA

17-Jul-07 Imran Khan eBay, Inc : 3Q Listings Flat Y/Y OVERWEIGHT 0.3200 Q2-07 0.3300 Q3-07 1.3400 FY07 USD * NA NA9-Jul-07 Imran Khan eBay, Inc : 25% Y/Y RPL Growth

Should Drive 2Q'07 UpsideOVERWEIGHT 0.3200 Q2-07 0.3300 Q3-07 1.3400 FY07 USD * NA NA

EchoStar Communications DISH.OQ25-Sep-07 Jonathan

ChaplinEchoStar CommunicationsCorporation : DISH Announces TwoTransactions - ALERT



EchoStar CommunicationsCorporation : 2Q07 Quick Take -ALERT



EchoStar CommunicationsCorporation : DISH 2Q Margins BeatExpectations; Sub Metrics Mixed


Eclipsys Corporation ECLP1-Aug-07 Atif Abdul

RahimEclipsys Corp : An In-Line Qtr; MgmtBullish, but Guidance Unchanged




EPS EPS EPS

of 225

Ecolab Inc. ECL25-Sep-07 Jeffrey J.

ZekauskasEcolab Inc. : ECL To Pay ArbitrationAward - ALERT



Ecolab Inc. : Steady As She Goes UNDERWEIGHT0.4200 Q2-07 0.5000 Q3-07 1.6700 FY07 USD * NA NA

Edge Petroleum Corp. EPEX13-Aug-07 Joseph D.

AllmanEdge Petroleum : Results Mixed OnLittle New Operational News


Edison International EIX9-Aug-07 Andrew

SmithEdison International : 2Q Ahead ofEstimates and '07 GuidanceIncreased - ALERT


Education Realty Trust, Inc. EDR12-Sep-07 Anthony

PaoloneEducation Realty Trust : InvestorDay/Property Tour Recap

UNDERWEIGHT NA Q2-07 -0.2400 Q3-07 -0.2600 FY07 USD * NA NA


Education Realty Trust : ModelAdjustment



Education Realty Trust : 2Q missesbut pre-leasing in good shape andbegins new development


Edwards Lifesciences Corp EW24-Jul-07 Michael N.

WeinsteinEdwards Lifesciences : ReducingEstimates; Mgmt Lowers the Bar for2H07, Looks Ahead to 2008


El Paso Corporation EP.N17-Aug-07 Glenn B.

MullinEl Paso Corp. : E&P AcquisitionConsistent w/ Strategy - ALERT



El Paso Corp. : 2Q07 Beat;Progress on Corp. Initiatives -ALERT


El Paso Electric Company EE2-Aug-07 Rajeev

LalwaniEl Paso Electric : 2Q and BuybacksLight; Top End of GuidanceLowered Modestly - ALERT




EPS EPS EPS

of 225

Elan Corp ELN9-Aug-07 Annie J.

ChengElan Corp : Management changenot expected to impact operations -ALERT

NEUTRAL -0.1600 Q2-07 NA Q3-07 -0.7100 FY07 EUR 12.00 30-Jul-07 Jun-08

1-Aug-07 Annie J.Cheng

Elan Corp : Tysabri in Crohn'srecommended for US approval -ALERT


30-Jul-07 Annie J.Cheng

Elan Corp : 2Q07 review and modelchanges



Elan Corp : Crohn's not a materialpart of the Tysabri story - ALERT

NEUTRAL NA Q2-07 NA Q3-07 -0.6500 FY07 EUR 13.00 21-May-07 Dec-07


Elan Corp : 2Q07 Early Thoughts -ALERT



Elan Corp : Tysabri patient update -ALERT



Elan Corp : EU recommends againstCrohn's disease indication forTysabri - ALERT


Electronic Arts Inc. ERTS25-Sep-07 Dean

GianoukosElectronic Arts Inc. : Mercenaries 2Officially Delayed


2-Aug-07 DeanGianoukos

Electronic Arts Inc. : Solid Q1, ButCrowded Back Half


Electronic Data Systems Corporation EDS2-Aug-07 Tien-Tsin

HuangElectronic Data Sys : 2Q07:Lowered FCF Guidance Not aSurprise



Electronic Data Sys : 2q07 Preview:Currency Could Help but FCF aRisk; Publishing '09


Electronics For Imaging, Inc. EFII31-Jul-07 Sameer

DoctorElectronics for Imaging : Give andTake: 2Q07 Beats, 3Q Trimmed


27-Jul-07 SameerDoctor

Electronics for Imaging : ExpectIn-line F2Q07; Maintain Overweighton Prospects for 2H07/ Beyond


2-Jul-07 SameerDoctor

Electronics for Imaging : OptionsProbe Concludes; Restatement toFollow




EPS EPS EPS

of 225

Eli Lilly & Co. LLY24-Jul-07 Roberto

CucaEli Lilly & Company : Early Read on2Q07 Results


Elizabeth Arden, Inc. RDEN17-Aug-07 Dara W.

MohsenianElizabeth Arden : Impressive Q4Upside and 2008 Guidance BetterThan Expected


Embarq Corporation EQ30-Jul-07 Jonathan

ChaplinEmbarq Corp : Financial ResultsMostly in Line; Guidance Raised



Embarq Corp : Second-Quarter2007 Preview - ALERT


Embraer-Empresa Brasileir de Aero (ADR) ERJ27-Aug-07 Joseph B.

NadolEmbraer SA : ManufacturingOverhaul Underway


EMC Corporation EMC24-Sep-07 Bill C. Shope

CFAEMC : Capitalizing on a MarketInefficiency



EMC : Solid Results, ImprovingMargin Trends in 2H Likely



EMC : 2Q Preview; StockMomentum Should Continue


Emergency Medical Services Corporation EMS25-Sep-07 Andreas

DirnaglEmergency Medical ServicesCorporation : Ambulance AcquisitionProvides Entry in Arizona, a NiceMove - ALERT



Emergency Medical ServicesCorporation : Downgrade to Neutralon Valuation; We Still Like theLong-Term Story


Emergent BioSolutions Inc. EBS26-Sep-07 Richard

SmithEmergent BioSolutions : HHSContract Secured; DoD Contract byYE07; Adj Est.




EPS EPS EPS

of 225


Emergent BioSolutions : 2Q07Above Expectations; Focus on DoDand HHS Contracts - ALERT


Emerson Electric Co. EMR.N11-Sep-07 C. Stephen

Tusa Jr.Emerson Electric Co. : StrongProcess Business Remains LeadHorse At EMR



Emerson Electric Co. : Notes fromBreakfast with CEO



Emerson Electric Co. : Solid 3Q NEUTRAL 0.7200 Q3-07 0.7000 Q4-07 2.5500 FY07 USD * NA NA


Emerson Electric Co. : Initial Takeon 3Q - ALERT


Emulex Corporation ELX6-Aug-07 Mark

MoskowitzEmulex Corp. : Core in Position for2H Storage Rebound, but NetAppCould Be Partial Drag on SierraLogic Velocity


Encysive Pharmaceuticals, Inc. ENCY6-Aug-07 Geoffrey

MeachamEncysive Pharmaceuticals :Uneventful 2Q; Formal DisputeResolution Unlikely


Endo Pharmaceuticals ENDP1-Aug-07 Adam

GreeneEndo Pharmaceuticals : 2QNumbers Beat Consensus;Guidance Raised - ALERT


12-Jul-07 AdamGreene

Endo Pharmaceuticals : RemovingKetoprofen Patch Revenues


3-Jul-07 AdamGreene

Endo Pharmaceuticals : PriceIncrease Alert: Opana and Lidoderm- ALERT


Endurance Specialty Holdings Ltd. ENH7-Sep-07 Matthew

HeimermannEndurance Specialty Holdings :Acquisition of Crop MGA a SlightPositive to EPS


Energen Corporation EGN



EPS EPS EPS

of 225


Energen Corp. : 2Q07 Beat; MovingForward on AL Shale Play



Energen Corp. : 2Q07 Beat Due toHigher Realized Prices - ALERT


Energizer Holdings, Inc. ENR25-Jul-07 Dara W.

MohsenianEnergizer Holdings : Raising FYEPS After Q3 Upside



Energizer Holdings : MaintainNeutral After Playtex Acquisition


ENSCO International Incorporated ESV30-Aug-07 David C.

SmithENSCO Int'l : Adjusting Estimateson Utilization, Buyback



ENSCO Int'l : 2Q Beat on Tax,Share Count, Other Income -ALERT


Entercom Communications Corp. ETM2-Aug-07 John

BlackledgeEntercom Communications : Lack ofGrowth in 2Q07 to Continue into 3Q



Entercom Communications : 2Q07First Glance: 2Q Results and 3QGuidance Both Below Expectations -ALERT


Entergy Corporation ETR31-Jul-07 Andrew

SmithEntergy Corp. : Boosts DividendNearly 40%, Expecting PositiveOpen - ALERT



Entergy Corp. : 2Q07Preannouncement Light; ExpectModest Share Weakness - ALERT


Entertainment Properties Trust EPR17-Aug-07 Anthony

PaoloneEntertainment Properties Trust :Model Update



Entertainment Properties Trust : 2Qbeats by $0.04; very robustinvestment activity


Equitable Resources, Inc. EQT



EPS EPS EPS

of 225


Equitable Resources : HorizontalOutlook Increasingly Positive


Equity One, Inc. EQY15-Aug-07 Michael

MuellerEquity One Inc. : Model AdjustmentUNDERWEIGHT0.1700 Q2-07 NA Q3-07 NA FY07 USD * NA NA


Equity One Inc. : Ex. $0.01 of landsales Q2 in-line; core came in strong

UNDERWEIGHT0.1700 Q2-07 NA Q3-07 NA FY07 USD * NA NA

Equity Residential EQR6-Aug-07 Anthony

PaoloneEquity Residential : ModelAdjustment



Equity Residential : 2Q FFOheadline beat, but core guidancelowered; management commentssobering


ESCO Technologies Inc. ESE19-Sep-07 Paul Coster ESCO Technologies Inc. : Adjusting

Ests on Software Revenue TimingNEUTRAL 0.6400 Q4-07 0.1000 Q1-08 1.2900 FY07 USD * NA NA

5-Sep-07 Paul Coster ESCO Technologies Inc. : GreenMachines: Initiating Coverage atNeutral


Essex Property Trust, Inc. ESS14-Aug-07 Anthony

PaoloneEssex Property Trust : ModelAdjustment



Essex Property Trust : 2Q beats;strongest core results of anyapartment REIT so far


Evercore Partners Inc. EVR8-Aug-07 KENNETH

WORTHINGTONEvercore Partners Inc. : SolidEarnings But Credit Clouds DealOutlook


Everest Re Group, Ltd. RE24-Jul-07 Matthew

HeimermannEverest Re Group, Ltd. : A PauseBefore More Good News/AdjustingEPS

OVERWEIGHT 3.3600 Q2-07 3.0500 Q3-07 14.0900 FY07 USD 123.00 10-Nov-06 Nov-07



EPS EPS EPS

of 225

EXCO Resources, Inc. XCO6-Aug-07 Rodney

ClaytonEXCO Resources, Inc. : Q2 FirstTake - Positive - ALERT


Exelixis, Inc. EXEL5-Sep-07 Jeffrey J.

ZekauskasExelixis, Inc : EXEL AnnouncesXL647 Results and Sell of PlantSciences Assets - ALERT



Exelixis, Inc : A Focus on Partners NEUTRAL -0.2900 Q2-07 -0.2800 Q3-07 -1.1000 FY07 USD * NA NA

Expedia, Inc. EXPE17-Sep-07 Imran Khan Expedia, Inc.: Update from Our

Conversation with the CEOOVERWEIGHT 0.3000 Q3-07 0.2400 Q4-07 0.9400 FY07 USD * NA NA

3-Aug-07 Imran Khan Expedia, Inc. : Revenue GrowthAccelerates Domestically andInternationally, Upgrading toOverweight


Expeditors International of Washington EXPD22-Aug-07 Thomas R.

WadewitzExpeditors : Solid Demand Trendsbut Yield Expansion May be Limited;Highlights from the 8K



Expeditors : Solid 2Q; Good News IsAlready Reflected in the Stock


Express Scripts, Inc. ESRX13-Aug-07 Lisa Gill Express Scripts, Inc. : ESRX

Announces CFO to Leave; WeBelieve There is Nothing to ReadInto It - ALERT


26-Jul-07 Lisa Gill Express Scripts, Inc. : DeclineOverdone; Tweaking Quarterly EPSBreakdown; Reiterate OW


F5 Networks, Inc. FFIV6-Aug-07 Ehud A.

Gelblum PhD

F5 Networks : Downgrading toUnderweight as Growth in CoreBusiness Appears to be Slowing



F5 Networks : FQ307 Wrap:Relatively In-Line Qtr, Not MuchChanges But the Tax Rate; Raising




EPS EPS EPS

of 225

Ests

Fair Isaac Corporation FIC26-Jul-07 Fred W.

SearbyFair Isaac : Solid F3Q07, SteadyProgress


2-Jul-07 Fred W.Searby

Fair Isaac : Sandell Discloses 5%Stake & Efforts to Seeking ValueMaximization


Fairchild Semiconductor International FCS28-Sep-07 Shawn

WebsterFairchild Semiconductor : AnalystDay Recap ... Not Too Much New,But Lead Time Decline BearsMonitoring



Fairchild Semiconductor : TrimmingEstimates, Rising Lead Times AGood Sign For Industry


Fairpoint Communications, Inc. FRP.N9-Aug-07 Jonathan

ChaplinFairpoint Communications : 2Q07Quick Take - ALERT



Fairpoint Communications : 2Q07Preview - ALERT


Family Dollar Stores, Inc. FDO21-Sep-07 Charles

GromFamily Dollar Stores, Inc. :Downgrade to Underweight AsConcerns Mount


Federal Realty Inv. Trust FRT6-Aug-07 Michael

MuellerFederal Realty Investment Trust :Model Adjustment



Federal Realty Investment Trust :Q2 and guidance as expected;Raises dividend 6.1%


Federated Investors, Inc. FII7-Sep-07 KENNETH

WORTHINGTONFederated Investors, Inc. : MoneyFund Concerns Overblown, Fed CutCould Drive Sales; Upgrade toNeutral


27-Jul-07 KENNETH Federated Investors, Inc. : 2Q07 a UNDERWEIGHT0.5400 Q2-07 0.5600 Q3-07 2.1400 FY07 USD * NA NA



EPS EPS EPS

of 225

WORTHINGTONSolid Quarter, But Pershing RiskRemains

FedEx Corporation FDX20-Sep-07 Thomas R.

WadewitzFedEx Corp : Guidance Reductionan Obvious Pressure but F1QResults Were Solid - ALERT



FedEx Corp : Surcharge ReductionShifts FedEx Focus to LTL ShareGains



FedEx Corp : Surcharge Reduction:Bad for LTL Market; PotentialPositive for FDX - ALERT


FelCor Lodging Trust Incorporated FCH2-Aug-07 Harry C.

CurtisFelCor Lodging Trust Inc : 2008Outlook Encouraging

OVERWEIGHT 0.3200 Q2-07 NA Q3-07 NA FY07 USD 30.00 15-May-07 May-08


FelCor Lodging Trust Inc :Renovated Hotels Strong, ButHotels Undergoing RenovationsDragged Results.

OVERWEIGHT 0.3200 Q2-07 NA Q3-07 NA FY07 USD 30.00 15-May-07 May-08


FelCor Lodging Trust Inc : PullbackRepresents Excellent BuyingOpportunity.

OVERWEIGHT NA Q2-07 NA Q3-07 NA FY07 USD 30.00 15-May-07 May-08

Fidelity National Information Services FIS4-Sep-07 Tien-Tsin

HuangFidelity National InformationServices : Closer Look at MortgageUnit & Strategic Options; GuidanceSafe; We're Below Consensus



Fidelity National InformationServices : Adjusting Est. Post 2QRevenue Beat & In-Line EPS


Fifth Third Bancorp FITB17-Aug-07 Vivek Juneja Fifth Third Bancorp : Dilutive Deal to

Diversify into North CarolinaUNDERWEIGHT0.6800 Q2-07 0.7000 Q3-07 2.7600 FY07 USD * NA NA

15-Aug-07 Vivek Juneja Fifth Third Bancorp : Sharp Rise inHigh-Risk Res Mtg Delinquencies


23-Jul-07 Vivek Juneja Fifth Third Bancorp : FL, MI LossesUp Sharply, Fees & Costs Offset


3-Jul-07 Vivek Juneja Fifth Third Bancorp : TrimmingEstimates




EPS EPS EPS

of 225

First Data Corporation FDC.N19-Jul-07 Tien-Tsin

HuangFirst Data : 2Q First Look: In-Line -ALERT



First Data : Tweaking Model Aheadof an Expected In-line 2Q


First Financial Bankshares, Inc. FFIN20-Jul-07 John Pancari First Financial Bankshares : Clean

2Q07 Results; Upside from LowerExpenses


First Mercury Financial Corporation FMR1-Aug-07 Matthew

HeimermannFirst Mercury Financial Corporation :Production Back On Track/2Q EPSIn-line


First Midwest Bancorp, Inc. FMBI26-Jul-07 John Pancari First Midwest Bancorp : 2Q Call

Follow-Up: EPS Pressure LimitsValuation Upside; Reiterate Neutral


25-Jul-07 John Pancari First Midwest Bancorp : Mixed 2Q;EPS Upside on Solid Top Line, ButB/S Trends Pressured - ALERT


FirstMerit Corporation FMER25-Jul-07 John Pancari FirstMerit Corporation : Encouraging

2Q, But Outlook RemainsChallenged


24-Jul-07 John Pancari FirstMerit Corporation : RelativelySolid 2Q; Credit DeteriorationManageable and Modestly Lessthan Expected - ALERT


Fiserv, Inc. FISV26-Jul-07 Tien-Tsin

HuangFiserv, Inc. : Weakness SeemsOverdone; EPS Adjustment for ISSExpected


FLIR Systems, Inc. FLIR27-Sep-07 Paul Coster FLIR Systems Inc : Good News

Pours In - ALERTNEUTRAL 0.3800 Q2-07 0.3700 Q3-07 1.6800 FY07 USD * NA NA



EPS EPS EPS

of 225

26-Sep-07 Paul Coster FLIR Systems Inc : FLIR at ASISInternational - ALERT


25-Jul-07 Paul Coster FLIR Systems Inc : 2Q Results -Solid; Adjusting Ests.


Flowers Foods, Inc. FLO16-Aug-07 Pablo E.

ZuanicFlowers Foods Inc : Quicktake on2Q07 results - ALERT



Flowers Foods Inc : Snippets fromMeeting with Management


FMC Technologies, Inc. FTI31-Jul-07 Michael K.

LaMotteFMC Technologies Inc : Solid Beat,Backlog Build - ALERT


Fomento Economico Mexicano SAB (ADR) FMX30-Jul-07 Andrea

TeixeiraFEMSA : Weak 2Q07 Results - inLine with Our Estimates - ALERT


Foot Locker, Inc. FL24-Aug-07 Robert

SamuelsFoot Locker, Inc. : Downgrading toNeutral, Lowering Estimates


Ford Motor Company F4-Sep-07 Himanshu

PatelFord Motor Company : AugustSales, 2H Production Largely In-line- ALERT

OVERWEIGHT 0.1300 Q2-07 -0.6500 Q3-07 -1.4600 FY07 USD * NA NA

1-Aug-07 HimanshuPatel

Ford Motor Company : July SalesLackluster on Across the BoardWeakness - ALERT



Ford Motor Company : June SalesSlightly Weak - ALERT


Forest Laboratories, Inc. FRX27-Sep-07 Adam

GreeneForest Laboratories, Inc : AzorApproved, Adjusting Estimates


FormFactor, Inc. FORM26-Jul-07 Christopher

BlansettFormFactor Inc : C2Q07 Earnings -Strong Revenue Growth andGuidance, Raising Ests.




EPS EPS EPS

of 225


FormFactor Inc : Downgrading toUnderweight on Expectations ofMarket Share Loss to MJC


Fortune Brands, Inc. FO14-Sep-07 Dara W.

MohsenianFortune Brands : AssumingCoverage; Maintaining NeutralRating



Fortune Brands : Solid 2Q UpsideReported; 3Q Guidance IssuedSlightly Below Street; MaintainNeutral


Fossil, Inc. FOSL15-Aug-07 Robert

SamuelsFossil, Inc. : International DrivingImpressive Results, Adj.Ests.


FPL Group, Inc. FPL30-Jul-07 Andrew

SmithFPL Group Inc. : IncreasingGuidance/Wind MW and 2Q Aheadof Ests. - ALERT


Franklin Bank Corp. FBTX26-Jul-07 John Pancari Franklin Bank Corp : 2Q Call

Follow-Up: EPS Pressure Mountingon Homebuilding Weakness;Reiterate Underweight


Franklin Resources, Inc. BEN27-Jul-07 KENNETH

WORTHINGTONFranklin Resources : Strong Salesand Higher Margins in F3Q07 -Corrected Note supersedes anyprevious versions



Franklin Resources : Downturn InHigh-Yield Highlights PotentialPerformance Issue at FlagshipIncome Series Fund


Freeport-McMoRan Copper & Gold Inc. FCX26-Jul-07 Michael

GambardellaFreeport-McMoRan Copper & Gold :FCX maintains focus onde-leveraging; Adj. EPS




EPS EPS EPS

of 225


Freeport-McMoRan Copper & Gold :Raising EPS due to new base metalforecasts


FreightCar America, Inc. RAIL31-Jul-07 Brannon

CookFreightCar America : ManagementMeetings Highlight RevenueDiversification Efforts


Frontier Oil Corporation FTO8-Aug-07 Daniel Vetter Frontier Oil Corporation : 2Q07

earnings well ahead of expectations- ALERT


G&K Services, Inc. GKSR29-Aug-07 Michael J.

FoxG&K Services Inc. : FY2007 10KReview



G&K Services Inc. : F4Q07 Glance:Strong Quarter And Outlook



G&K Services Inc. : F4Q07: StrongQuarter And Outlook



G&K Services Inc. : G&KAnnounces Add-On Acquisition


GameStop Corp. GME3-Aug-07 Nancy Hoch GameStop : GTA Delay a

Near-Term Hiccup; OverweightOVERWEIGHT 0.0800 Q2-08 0.1800 Q3-08 1.4500 FY07 USD * NA NA

9-Jul-07 Nancy Hoch GameStop : PS3 Price Cut APositive for GME - ALERT


Gander Mountain Company GMTN24-Aug-07 Nancy Hoch SMid Cap Retailing : Terminating

CoverageNA NA Q2-08 NA Q3-08 NA FY07 USD * NA NA

22-Aug-07 Nancy Hoch Gander Mountain Company : NotMuch Horsepower in 2Q Margins

UNDERWEIGHT-0.1700 Q2-08 0.0500 Q3-08 0.0500 FY07 USD * NA NA

Gannett Co., Inc. GCI18-Sep-07 Fred W.

SearbyGannett Co., Inc. : August News AdRevs Down 7.1%; Classified FallContinues; Adj. Estimates


20-Aug-07 Fred W.Searby

Gannett Co., Inc. : July Proforma AdRevenue Falls 7.6%; Slight Negative




EPS EPS EPS

of 225


Gannett Co., Inc. : UpdatingEstimates for 2Q Results



Gannett Co., Inc. : 2Q in Line withRecent Guidance; June Ads RemainWeak - ALERT


Gartner, Inc. IT31-Jul-07 Fred W.

SearbyGartner Inc. : Solid 2Q07 OVERWEIGHT 0.2300 Q2-07 0.0900 Q3-07 0.7500 FY07 USD * NA NA

Gasco Energy, Inc. GSX2-Aug-07 Rodney

ClaytonGasco Energy : Changing EstimatesFollowing Conference Call


Gaylord Entertainment Company GET3-Aug-07 Harry C.

CurtisGaylord Entertainment : StrongQuarter; Something Else In TheWorks For SoCal?



Gaylord Entertainment : Chula VistaProject Likely Cancelled.


Gemstar-TV Guide International, Inc. GMST24-Sep-07 Barton

CrockettGemstar TV Guide International :Gemstar Weekly Data Tracker,Week of Sep. 24


17-Sep-07 BartonCrockett

Gemstar TV Guide International :Gemstar Weekly Data Tracker,Week of Sep. 17


10-Sep-07 BartonCrockett

Gemstar TV Guide International :Gemstar Weekly Data Tracker,Week of Sep. 10



Gemstar TV Guide International :Gemstar Weekly Data Tracker,Week of Aug 20



Gemstar TV Guide International :Gemstar Weekly Data Tracker,Week of August 6



Gemstar TV Guide International :2Q07 React: 1x Items BoostedUpside, Results a Sideshow vsMerger Talk - ALERT



Gemstar TV Guide International :2Q07 Wrap: In-line Qtr, Higher




EPS EPS EPS

of 225

Spending Expected, Adj Ests26-Jul-07 Barton

CrockettGemstar TV Guide International :Gemstar Weekly, 2Q07 Preview



Gemstar TV Guide International :Gemstar Weekly Data Tracker,Week of July 9



Gemstar TV Guide International :Sky Italia AnnouncementIncrementally Positive, But Alreadyin Our Model - ALERT


Genco Shipping & Trading Limited GNK6-Sep-07 Jonathan

ChappellGenco Shipping & Trading Ltd. :Raising '08 EPS Est. on NewCharters; Reit. OW



Genco Shipping & Trading Ltd. :Raising Est. Again on AnotherAccretive Acquisition



Genco Shipping & Trading Ltd. :Raising '07 & '08 EPS Est. on NewRate Forecasts



Genco Shipping & Trading Ltd. : 2QEPS In-Line with Our Est., BelowCons. - ALERT



Genco Shipping & Trading Ltd. :Raising '08 EPS Est. by 11% onAccretive Acq.


GenCorp Inc. GY26-Sep-07 Joseph B.

NadolGenCorp Inc. : First Look at Q3Earnings - ALERT


26-Sep-07 Joseph B.Nadol

GenCorp Inc. : Solid Quarter withFundamentals Little Changed;Raising Estimates


Genentech, Inc. DNA14-Sep-07 Geoffrey

MeachamGenentech : Despite ODAC Panel,Avastin Should Still be Approved inBreast



Genentech : Avastin Breast CancersBLA Resubmission IncrementalPositive - ALERT



Genentech : Raising 2007 Ests onUpside 2Q; Reiterate OW




EPS EPS EPS

of 225


Genentech : Upside 2Q EPS onLeverage; Key Products In Line -ALERT



Genentech : 2Q07 EarningsPreview: Raising Ests But ExpectingFew Surprises


General Dynamics Corporation GD26-Jul-07 Joseph B.

NadolGeneral Dynamics Corp. : StrongQ2; Gulfstream Salesforce Must BeTired


25-Jul-07 Joseph B.Nadol

General Dynamics Corp. : First Lookat Q2 Earnings - ALERT


General Electric Company GE18-Sep-07 C. Stephen

Tusa Jr.General Electric Co. : Notes FromGE Infrastructure Meeting - ALERT



General Electric Co. : GECSOutlook Solid, Despite MarketUncertainties



General Electric Co. : In Line 2QOvershadowed by Strong 08 Storyand Investor Friendly Tone onPortfolio Moves



General Electric Co. : KeyTakeaways From Conf. Call -ALERT



General Electric Co. : GETerminates Deal With ABT - ALERT


General Growth Properties GGP1-Aug-07 Michael

MuellerGeneral Growth Properties : "Clean"Core FFO hit our $0.70 estimate,but likely a little below Street



General Growth Properties : ModelAdjustment



General Growth Properties : ModelAdjustment


General Maritime Corporation GMR2-Aug-07 Jonathan

ChappellGeneral Maritime Corp. : Raising2007 & 2008 EPS Est. on New TCs;Reit. N




EPS EPS EPS

of 225

General Mills, Inc. GIS19-Sep-07 Pablo E.

ZuanicGeneral Mills : Quick Take on 1Q08Results - ALERT



General Mills : Cutting 2Q08Estimates, Increasing 2H08



General Mills : Why We Remain UWUNDERWEIGHT0.7300 Q4-08 0.8700 Q1-09 3.4000 FY07 USD * NA NA


General Mills : 1Q08 Guidance Setat 81c - Our Take - ALERT



General Mills : The 10/04 LBH DealUnwinds - ALERT


General Motors Corporation GM26-Sep-07 Himanshu

PatelGeneral Motors : TentativeGM-UAW Deal Struck; Positive -ALERT


4-Sep-07 HimanshuPatel

General Motors : August Sales, 4QProduction Better Than Expected -ALERT



General Motors : Intl. Profits StepUp; H2 NAFTA Caution; Adj. EPS



General Motors : GMAC ResultsBetter than Expected - ALERT


Genesco Inc. GCO31-Aug-07 Robert

SamuelsGenesco, Inc : UncertaintySurrounds Potential Deal with FINL;Adj. Ests.


Genesis Lease Limited (ADR) GLS25-Jul-07 Jamie Baker Genesis Lease Limited : Q2 Slightly

Ahead, No Change to Dividend;Thoughts on Brazil


Genomic Health, Inc. GHDX7-Aug-07 Tycho

PetersonGenomic Health : Oncotype DXTrends Remain Strong


Genpact Limited G11-Sep-07 Tien-Tsin

HuangGenpact : Initiate at OW; WellPositioned for Solid Growth




EPS EPS EPS

of 225

Gen-Probe Incorporated GPRO2-Aug-07 Tycho

PetersonGen-Probe : 2Q Impressive Acrossthe Board - Raising Ests


Gentex Corporation GNTX23-Jul-07 Himanshu

PatelGentex Corporation : Q2 Upside,Guidance Upped; Positive Reaction- ALERT


Genuine Parts Company GPC20-Jul-07 Himanshu

PatelGenuine Parts Company : 2QIn-line; Full-year OutlookUnchanged



Genuine Parts Company : QuickTake: 2Q In-line; Autos Weak,Industrial Strong - ALERT


Genworth Financial, Inc. GNW27-Jul-07 Jimmy

BhullarGenworth Financial : Results Mixed,but Should Lift Investor Sentiment


Genzyme Corporation GENZ25-Jul-07 Geoffrey

MeachamGenzyme Corporation : 2Q07 BeatsLow Expectations - ALERT



Genzyme Corporation : 2Q EarningsSolid: Leverage Driving FutureGrowth



Genzyme Corporation : ImpressiveMozobil Ph III Results - ALERT



Genzyme Corporation : TolevamerFails Trial 1 of 2 in CDAD - ALERT


Georgia Gulf Corporation GGC10-Aug-07 David Silver Georgia Gulf : Vinyl Profits Vanish:

We Reduce EstimatesNEUTRAL -0.0500 Q2-07 NA Q3-07 NA FY07 USD * NA NA

9-Aug-07 David Silver Georgia Gulf : GGC 2Q ResultsNegative - ALERT

NEUTRAL -0.0500 Q2-07 NA Q3-07 NA FY07 USD * NA NA

Getty Images, Inc. GYI2-Aug-07 Fred W.

SearbyGetty Images : Lowers 2007Outlook, Adj Ests




EPS EPS EPS

of 225

Gevity HR, Inc. GVHR24-Sep-07 David Cohen Gevity : Mgmt Mtgs: Bumps

Remain, But Selling OverdoneOVERWEIGHT 0.1900 Q2-07 0.1600 Q3-07 0.6800 FY07 USD * NA NA

7-Aug-07 David Cohen Gevity : 2Q07 First Look: Negative,but Selling Overdone - ALERT


7-Aug-07 David Cohen Gevity : Bad News Appears PricedIn; Remain OW Despite LowerEstimates


Gilead Sciences, Inc. GILD20-Jul-07 Geoffrey

MeachamGilead Sciences : Raising Estimateson Impressive 2Q HIV Sales



Gilead Sciences : Upside 2Q EPSon Top Line Growth - ALERT


Global Cash Access Holdings, Inc. GCA10-Aug-07 Tien-Tsin

HuangGlobal Cash Access : Didn't See ItComing; Guidance Cut, Est. Down



Global Cash Access : 2Q07 FirstLook: Misses 2Q by $0.01, LowersFY Guidance - ALERT



Global Cash Access : ReiterateOverweight; Weakness Overdone



Global Cash Access : CFODeparture a Negative Surprise;Near-Term Results Should Be Fine -ALERT


Global Payments Inc. GPN24-Sep-07 Tien-Tsin

HuangGlobal Payments : 1Q Preview,Modest Upside Likely; But SharesFeel Extended



Global Payments : F4Q First Look:$0.02 Beat; Guides In-Line - ALERT



Global Payments : Tweaking Est,Results & Outlook Should Satisfy


GlobalSantaFe Corporation GSF12-Sep-07 David C.

SmithGlobalSantaFe Corporation : Deepand Defensive; Upgrading to N fromUW


2-Aug-07 David C. GlobalSantaFe Corporation : 2Q07 UNDERWEIGHT1.6000 Q4-07 2.0000 Q4-07 7.1500 FY07 USD * NA NA



EPS EPS EPS

of 225

Smith In Line, Fleet Status Uneventful -ALERT


Transocean and GlobalSantaFe :Looking Past EPS Accretion



Transocean and GlobalSantaFePropose Merger of Equals :Combination Creates Mega-Driller,Accelerates Cash Return - ALERT


Globalstar, Inc. GSAT14-Aug-07 Thomas J.

LeeGlobalstar : 2Q inline. Achievedsubs growth. Early delivery of 2ndGen sats. Simplex momentumstronger in 2H. - ALERT


GMH Communities Trust GCT7-Aug-07 Anthony

PaoloneGMH Communities Trust : 2Q $0.01behind; some balance sheetprogress, but core and pre-leasingremain weak


GOL Linhas Aereas Inteligentes SA (ADR) GOL7-Sep-07 Jamie Baker GOL Linhas Aereas Inteligentes

S.A. : GOL Expected To Miss 3Q,Estimates Reduced Again


Gold Fields GFIJ.J13-Sep-07 Allan Cooke SA Gold - forecast and valuation

updatesOVERWEIGHT NA Q3-07 NA Q4-07 412 FY07 SAR 143.00 13-Sep-07 Mar-08

1-Aug-07 Allan Cooke Gold Fields: 4Q07 result: Stableoperating result and outlook

OVERWEIGHT NA Q3-07 NA Q4-07 435 FY07 SAR 136.00 17-Jul-07 Jul-08

17-Jul-07 Allan Cooke SA Gold & Platinum Foresight OVERWEIGHT NA Q3-07 NA Q4-07 435 FY07 SAR 136.00 17-Jul-07 Jul-08

Gold Reserve Inc. GRZ14-Aug-07 John Bridges Gold Reserve : Q2 Progress Report

Positive - ALERTOVERWEIGHT -0.0800 Q2-07 -0.0600 Q3-07 -0.2800 FY07 USD * NA NA

Goldcorp Inc. (USA) GG3-Aug-07 John Bridges Goldcorp Inc : Short term

disappointment at Luismin - ALERTOVERWEIGHT 0.1700 Q2-07 0.2100 Q3-07 0.7000 FY07 USD * NA NA



EPS EPS EPS

of 225

Golden Telecom, Inc. GLDN9-Aug-07 Jean-Charles

A.Lemardeley

Golden Telecom : 2Q07: StrongQuarter; Reiterate OW - ALERT


Golfsmith International Holdings, Inc. GOLF8-Aug-07 Nancy Hoch Golfsmith International Holdings,

Inc. : Clean 2Q, But StrategicInitiatives To Weigh On the FullYear


Goodman Global, Inc. GGL27-Jul-07 Curtis

WoodworthGoodman Global : It's All Good -Raising 2007 FCF Est. Significantly



Goodman Global : 2Q EPS of $0.55Well Above Forecast; FCFGuidance Raised By 25%; ReiterateOW - ALERT


Goodrich Corporation GR27-Jul-07 Joseph B.

NadolGoodrich : Another Good Quarter;Margin Visibility Improves Again;Raising Estimates



Goodrich : First Look at Q2 Earnings- ALERT


Goodrich Petroleum Corporation GDP9-Aug-07 Joseph D.

AllmanGoodrich Petroleum : Good CottonValley Results Highlight 2Q - ALERT



Goodrich Petroleum : UpdatingModel for 2Q07 Results



Goodrich Petroleum : SuccessfulJames Lime Well Raises Our NAVby $3-5/share


Google Inc. GOOG10-Jul-07 Imran Khan Google : Acquisition of Postini

Completes Software OfferingOVERWEIGHT 3.5500 Q2-07 3.7100 Q3-07 15.0600 FY07 USD * NA NA

GrafTech International Ltd. GTI2-Aug-07 Michael GrafTech International : Turnaround NEUTRAL 0.3700 Q2-07 0.2700 Q3-07 1.2100 FY07 USD * NA NA



EPS EPS EPS

of 225

Gambardella continues - Raising EPS

Grant Prideco, Inc. GRP25-Sep-07 Kevin Pollard Grant Prideco, Inc. : Q3

Pre-Announcement No Cause forConcern


26-Jul-07 Kevin Pollard Grant Prideco, Inc. : Modest Q2Beat and Raised Guidance DespiteCanadian Headwinds - ALERT


26-Jul-07 Kevin Pollard Grant Prideco, Inc. : Backlog MovesOffshore Providing Good LTVisibility; Raising Estimates


Greenfield Online, Inc. SRVY18-Sep-07 Barton

CrockettGreenfield Online Inc. : AugustTraffic to Ciao Shopping Up 29%Y/Y



Greenfield Online Inc. : July Trafficto Ciao Shopping Up 43% Y/Y



Greenfield Online Inc. : Sell-offOverdone, Fundamentals Strong,Adding to JPM Focus List



Greenfield Online Inc. : 2Q07 Wrap:Super Sales, Contained by Costs,Adj. Ests.



Greenfield Online Inc. : 2Q07Preview: We See Upside Potential



Greenfield Online Inc. : June Trafficto Ciao Shopping Up 76% Y/Y -Positive


Grey Wolf, Inc. GW2-Aug-07 Kevin Pollard Grey Wolf, Inc. : Q2 Results in Line;

Recent Acquisition a PositiveUNDERWEIGHT0.1900 Q2-07 0.1800 Q3-07 0.8000 FY07 USD * NA NA

Grubb & Ellis Company GBE30-Aug-07 Michael J.

FoxGrubb & Ellis Co : FY2007 10KReview



Grubb & Ellis Co : Takeaway FromConf Call : Market Remains Strong



Grubb & Ellis Co : F4Q07 Glance: InLine With Pre-Announcement


3-Aug-07 Michael J. Grubb & Ellis Co : F4Q07 Positive NEUTRAL 0.0500 Q4-07 NA Q1-08 0.0400 FY07 USD * NA NA



EPS EPS EPS

of 225

Fox Pre-announcement

Grupo Televisa, S.A. (ADR) TV31-Aug-07 Jean-Charles

A.Lemardeley

Grupo Televisa SA : Televisa buysBestel to further triple play plans -ALERT


GSC Investment Corp. GNV18-Jul-07 George A.

SaccoGSC Investment : AdjustingEstimates for Faster Portfolio Rampand Lack of Near-term Follow-onOffering


GulfMark Offshore, Inc. GLF3-Aug-07 David C.

SmithGulfmark Offshore : Nice Beat onNorth Sea Spot Surprise; AssumingCoverage


H&E Equipment Services, Inc. HEES11-Sep-07 Phil Gresh H&E Equipment Services, Inc. :

Cheap but Lacking Catalysts;Assuming Coverage, MaintainingNeutral Rating


9-Aug-07 StephenVolkmannCFA

H&E Equipment Services, Inc. :Lowering Ests, But Stock LooksOversold


H.B. Fuller Company FUL27-Sep-07 Jeffrey J.

ZekauskasH.B. Fuller : Process OptimizationStimulates EPS Growth



H.B. Fuller : FUL Reports Positive3Q:F07 EPS - ALERT



H.B. Fuller : The Adhesives IndustryConsolidates



H.B. Fuller : The Adhesives IndustryConsolidates - Corrected Notesupersedes any previous versions



H.B. Fuller : Behind the Numbers OVERWEIGHT 0.4800 Q3-07 0.5300 Q4-07 1.8000 FY07 USD 32.50 17-May-07 May-08


H.B. Fuller : Behind the Numbers -Corrected Note supersedes anyprevious versions




EPS EPS EPS

of 225

H.J. Heinz Company HNZ22-Aug-07 Pablo E.

ZuanicHJ Heinz : Updating EstimatesBased on Latest Guidance


Hanger Orthopedic Group, Inc. HGR31-Jul-07 Dawn Brock Hanger Orthopedic Group, Inc :

Another Solid Quarter, but UpsideRemains Muted


Hanover Compressor Company HC1-Aug-07 Kevin Pollard Hanover Compressor Company :

HC Goes Out Strong, but It's Timeto Focus on Exterran; ReiterateOverweight


31-Jul-07 Kevin Pollard Hanover Compressor Company :HC Results Top Expectations;Belleli Backlog Impressive - ALERT


5-Jul-07 Kevin Pollard Hanover Compressor Company :HC/UCO Merger Clears AntitrustHurdle - ALERT


Hansen Medical, Inc. HNSN15-Aug-07 Michael N.

WeinsteinHansen Medical : In-Line 2Q07;Early Launch Feedback Positive



Hansen Medical : 2Q07 Preview:With Approvals in Hand, Focus NowTurns to Adoption


Hansen Natural Corporation HANS9-Aug-07 Dara W.

MohsenianHansen Natural Corp. : Raising EPSAfter Strong Q2- Catalysts ShouldDrive Continued H2 Strength



Hansen Natural Corp. : Very StrongQ2 EPS in a Peak Seasonal Quarter


Harley-Davidson, Inc. HOG7-Sep-07 Dean

GianoukosHarley-Davidson : LowersGuidance, Not Surprising



Harley-Davidson : First Glance:Above-Consensus Quarter ButConcerns Remain


19-Jul-07 Dean Harley-Davidson : Inventory NEUTRAL 1.1700 Q2-07 NA Q3-07 4.2900 FY07 USD * NA NA



EPS EPS EPS

of 225

Gianoukos Concerns Remain, Hints At LowerProduction

Harmony Gold Mining Company Ltd HARJ.J27-Aug-07 Allan J.

CookeHarmony Gold Mining Co Ltd : Highnoon for Harmony - ALERT

NEUTRAL NA Q4-08 NA Q1-09 396.0000 FY07 SAR 113.00 17-Jul-07 Jul-08

Harris Corporation HRS8-Aug-07 Joseph B.

NadolHarris Corporation : Q4 SlightlyBetter Than Expected; RF Still OnUpswing; Adjusting Estimates


Harris Interactive Inc. HPOL20-Aug-07 Barton

CrockettHarris Interactive Inc. : F4Q07Preview: Top Line, Acquisitions AreKey


Harsco Corporation HSC27-Jul-07 Curtis

WoodworthHarsco Corp : 2Q Beat From SolidBroad Based Performance; RaisesFY07 Guidance



Harsco Corp : HSC Beat and Raiseon Strong Margin Performance -ALERT


Harte-Hanks, Inc. HHS18-Sep-07 Fred W.

SearbyHarte-Hanks, Inc : Downgrading toUW, Lowering Ests



Harte-Hanks, Inc : Disappointing2Q07; Shoppers DownturnAccelerates


Hartford Financial Services HIG27-Jul-07 Jimmy

BhullarHartford Financial Services : StrongResults, Favorable Outlook;Overweight


Hasbro, Inc. HAS10-Sep-07 Dean

GianoukosHasbro, Inc. : Attractive Valuation -Upgrading to N from UW


7-Aug-07 Dean Hasbro, Inc. : Marvel Lowers Toy UNDERWEIGHT0.2400 Q2-07 0.8100 Q3-07 2.1700 FY07 USD * NA NA



EPS EPS EPS

of 225

Gianoukos Sales Forecast23-Jul-07 Dean

GianoukosHasbro, Inc. : First Glance: GoodQuarter



Hasbro, Inc. : Good Quarter, ButLess To Look Forward To


Haynes International, Inc. HAYN7-Aug-07 Michael

GambardellaHaynes International : No aerospaceslowdown - Backlog continues tobuild


HDFC Bank Limited HDBK.BO26-Jul-07 Sachin Sheth HDFC Bank : All of the parts NEUTRAL 10.0000 Q1-08 NA Q2-08 46.8300 FY07 INR 1484.00 26-Jul-07 Jul-08

Headwaters Incorporated HW1-Aug-07 John Bridges Headwaters : Wrap Q3'07: "Market

Headwind" aheadUNDERWEIGHT0.9800 Q3-07 0.4100 Q4-07 1.8800 FY07 USD * NA NA

31-Jul-07 John Bridges Headwaters : Quick Q3'07: Strongresults but still no HCAT sales -ALERT


Health Management Associates, Inc. HMA1-Aug-07 Andreas

DirnaglHealth Management Associates :HMA: Admitting You Have aProblem Is the First Step toRecovery; Adjusting Estimates


Health Net, Inc. HNT2-Aug-07 William

GeorgesHealth Net : 2Q07 Earnings BeatEstimates on Lower AdminSpending


HealthExtras, Inc. HLEX7-Aug-07 Michael R.

MinchakHealthExtras, Inc. : Quick Take on2Q: EPS Meets Consensus; Lookingfor Additional Details on Call


Hearst-Argyle Television, Inc. HTV27-Sep-07 John

BlackledgeHearst-Argyle Television Inc :Special Committee RecommendsAgainst Tender - ALERT




EPS EPS EPS

of 225


Hearst-Argyle Television Inc :Hearst Corp. Tenders for HTV; InitialBid Likely to Increase



Hearst-Argyle Television Inc : 2Q07Review: Results BelowExpectations, Reducing Fiscal 2007Estimates


Heartland Express, Inc. HTLD23-Jul-07 Thomas R.

WadewitzHeartland Express : 2Q ReflectsLower Gain on Sale and Weak TLMarket


Heelys, Inc. HLYS8-Aug-07 Robert

SamuelsHeelys, Inc. : Numbers are Rollingoff a Cliff; Downgrading to Neutral.Lowering Ests.


Helen of Troy Limited HELE30-Jul-07 Dara W.

MohsenianHelen of Troy Ltd. : RelativelyIn-Line Q1 EPS


Helicos BioSciences Corp. HLCS1-Aug-07 Tycho

PetersonHelicos BioSciences : UneventfulFirst Quarter Out of the Gate;HeliScope on Track for Late 2007Soft Launch


Henry Schein, Inc. HSIC13-Aug-07 Lisa Gill Henry Schein Inc : Adjusting

Estimates Following 2Q Results;Maintain Neutral


7-Aug-07 Lisa Gill Henry Schein Inc : EPS Beats by$0.02; Divesting SpecialtyPharmacy Bus.; Maintain N - ALERT


Hertz Global Holdings, Inc. HTZ3-Aug-07 Himanshu

PatelHertz Global Holdings, Inc. : CostTargets Hold Potential for Upside



Hertz Global Holdings, Inc. : 2QBeats on Cost Control, OutlookUnchanged - ALERT




EPS EPS EPS

of 225

Hess Corp. HES26-Jul-07 KATHERINE

LUCASHess Corporation : E&P source of2Q07 upside, 2H07 catalysts; adjests



Hess Corporation : 2Q07 EarningsSurprise on Strong UpstreamVolumes - ALERT


Hewitt Associates, Inc. HEW8-Aug-07 Tien-Tsin

HuangHewitt Associates, Inc. : Nice F3QUpside and Tender, ButSustainability Still in Question


Hewlett-Packard Company HPQ16-Aug-07 Bill C. Shope

CFAHewlett-Packard : Quick Take:Q3:FY07 Results - ALERT



Hewlett-Packard : 3Q07 Preview:Solid Upside


Hibbett Sports, Inc. HIBB24-Aug-07 Nancy Hoch Hibbett Sports, Inc. : 3QTD Looks

EncouragingOVERWEIGHT 0.1500 Q2-08 0.2800 Q3-08 1.2500 FY07 USD * NA NA

23-Aug-07 Nancy Hoch Hibbett Sports, Inc. : Risk Out ofYear; Take Advantage of StockWeakness - ALERT


14-Aug-07 Nancy Hoch Hibbett Sports, Inc. : Miss CaughtUs By Surprise; 2008 Thesis Intact,But 2007 Could Be Ugly - ALERT


14-Aug-07 Nancy Hoch Hibbett Sports, Inc. : Is EveryoneBarefoot? Lowering Estimates


Hilton Hotels Corporation HLT4-Jul-07 Harry C.

CurtisHilton Hotels Corporation :Blackstone Buying For$47.50/Share; Still Strength In TheCycle.


Himax Technologies HIMX7-Aug-07 Bhavin Shah Himax Technologies, Inc. : 2Q07

earning delivers - upbeat tone on2H07 and 2008 momentum

OVERWEIGHT 0.1400 Q2-07 0.0700 Q3-07 0.4100 FY07 USD 6.90 7-Aug-07 Jun-08



EPS EPS EPS

of 225

Holly Corporation HOC.N9-Aug-07 Daniel Vetter Holly Corporation : 2Q07 Results

Exceed Street Expectations -Positive - ALERT


9-Aug-07 Daniel Vetter Holly Corporation : Acquisitions maysupplement organic growth; adj est


Hologic, Inc. HOLX19-Sep-07 Tycho

PetersonHologic : Time to Revisit the Story OVERWEIGHT 0.5200 Q3-07 0.5300 Q4-07 NA FY07 USD * NA NA


Hologic : Pricing Concerns AppearOverdone; Reiterate OW



Hologic : Strong F3QResults...Thoughts Before the Call -ALERT


Home Diagnostics, Inc. HDIX9-Aug-07 Tycho

PetersonHome Diagnostics, Inc. :Disappointing Quarter, but Sky NotFalling; Adj ests


Honeywell International Inc. HON19-Sep-07 C. Stephen

Tusa Jr.Honeywell : Major A350XWBContract Award a Positive forAerospace - ALERT



Honeywell : Initial Take on 2Q -ALERT


Horizon Lines, Inc. HRZ9-Aug-07 Jonathan

ChappellHorizon Lines, Inc. : RaisingEstimates on Refinancing; ReiterateOW



Horizon Lines, Inc. : 2Q EPS FallsShort on P.R. Volumes; LoweringEst.


Hormel Foods Corporation HRL23-Aug-07 Pablo E.

ZuanicHormel Foods Corporation : WeExpect HRL to Underperform



Hormel Foods Corporation : WhatMay Drive Sentiment on Thursday(3Q Out)




EPS EPS EPS

of 225

Hornbeck Offshore Services, Inc. HOS7-Aug-07 David C.

SmithHornbeck Offshore Services :Raising Estimates on ImprovingRates



Hornbeck Offshore Services :Assuming Coverage - RaisingEstimates on Accelerated Growth


Hospira, Inc. HSP9-Aug-07 Taylor Harris Hospira, Inc. : Timing Issues in

Injectables; P&L ConsistencyMounting at HSP


8-Aug-07 Taylor Harris Hospira, Inc. : Early Read on 2QResults


11-Jul-07 Taylor Harris Hospira, Inc. : US InjectablesFranchise Trending Well


Host Hotels & Resorts, Inc. HST19-Jul-07 Harry C.

CurtisHost Hotels & Resorts Inc. :Maintaining Ests.


HouseValues, Inc. SOLD1-Aug-07 Imran Khan HouseValues, Inc : 2Q'07: Customer

Count and ARPC down; Adj. Est.UNDERWEIGHT-0.0100 Q2-07 -0.0100 Q3-07 -0.0800 FY07 USD * NA NA

Hovnanian Enterprises, Inc. HOV17-Sep-07 Michael

RehautHovnanian Enterprises : "Deal of theCentury" Appears Successful,However, At a Price; MaintainNeutral Rating


7-Sep-07 MichaelRehaut

Hovnanian Enterprises : Post-CallNotes: Consistent with OurConcerns, Conditions Worsen inAug.; Lowering Ests, Mntn N


13-Aug-07 MichaelRehaut

Hovnanian Enterprises : While 3QCharges Below Our Est., TotalCharges Still Above Group;Adjusting Estimates, MaintainNeutral


Humana Inc. HUM.N10-Sep-07 William Humana : Acquisition of KMG NEUTRAL 1.2800 Q2-07 1.4800 Q3-07 4.4500 FY07 USD * NA NA



EPS EPS EPS

of 225

Georges Boosts Commercial Opportunities -ALERT


Humana : Raising 2007 EPSEstimates; Maintain Neutral Rating


Hutchinson Technology Incorporated HTCH29-Aug-07 Mark

MoskowitzHutchinson Technology : NascentHDD Optimism and Seagate'spre-Labor Day Treat Lift Outlook;Adj. Ests.

UNDERWEIGHT-0.3000 Q3-07 0.1600 Q4-07 -0.0500 FY07 USD * NA NA


Hutchinson Technology : TDK'sProposed Acquisition ofMagnecomp Could Be a Negativefor HTCH - ALERT



Hutchinson Technology : CostReductions and Seasonal DemandHelping, but Market DynamicsRemain Tough; Adj. Ests.



Hutchinson Technology : CostReductions and Seasonal DemandHelping, but Market DynamicsRemain Tough; Adj. Ests. -Corrected Q407 EPS Estimate


IAC/InterActiveCorp IACI1-Aug-07 Imran Khan InterActiveCorp : Q2 Disappoints

With Ticketmaster Weakness;Adjusting Estimates


Icagen, Inc. ICGN5-Sep-07 Richard

SmithIcagen : Phase I of ICA-105665 forEpilepsy Initiated - ALERT

NEUTRAL -0.1700 Q2-07 0.0900 Q3-07 -0.4000 FY07 USD * NA NA


Icagen : Pfizer Partnership forPreclinical Pain Program - ALERT



Icagen : Pfizer Partnership ValidatesCore Expertise; Early PipelineAdvancing; Adj. Est.



Icagen : 2Q07 Results in Line, NewIND Filed



Icagen : IND filing for EpilepsyCompound; Incremental Positive -ALERT




EPS EPS EPS

of 225

ICICI Bank ICBK.BO30-Aug-07 Sachin Sheth ICICI Bank : Now Available at 1x

bookOVERWEIGHT 8.5400 Q1-08 NA Q2-08 41.4900 FY07 INR 1140.00 30-Aug-07 Sep-08

IDACORP, Inc. IDA8-Aug-07 Nikki

EdgecombeIdacorp Inc : Strong 2Q07 ResultsDriven by Higher Irrigation Volumes;O&M Growth Still On Track - ALERT


Idenix Pharmaceuticals, Inc. IDIX28-Sep-07 Richard

SmithIdenix Pharmaceuticals :Restructuring Removes Distraction;Adj est



Idenix Pharmaceuticals :Valopicitabine DevelopmentSuspended; Adj est


IHOP Corp. IHP10-Sep-07 Steven Rees IHOP Corp : Update From National

IHOP Franchisee ConferenceNEUTRAL 0.8200 Q2-07 0.6600 Q3-07 2.7300 FY07 USD * NA NA

25-Jul-07 Steven Rees IHOP Corp : 2Q Earnings/CashFlow Solid in a Tough Environment


16-Jul-07 Steven Rees IHOP Corp : AppleHop CombinationProvides Upside Potential, But RisksWarrant Neutral Rating


13-Jul-07 Steven Rees IHOP Corp : 2Q Comps SolidDespite a Challenging Environment


Illinois Tool Works Inc. ITW17-Sep-07 Stephen

VolkmannCFA

Illinois Tool Works : August BaseSales on Track for 3Q Guidance



Illinois Tool Works : July Base SalesGrowth on Track for 3Q



Illinois Tool Works : Flight to Quality;Assuming Coverage with OW


ImClone Systems Incorporated IMCL11-Sep-07 Geoffrey

MeachamImClone Systems : Erbitux FLEX'sit's Muscles - ALERT




EPS EPS EPS

of 225


ImClone Systems : 2Q a Non-Event- ALERT



ImClone Systems : 2Q07 UpsideDespite Flat Erbitux; Adj Ests



ImClone Systems : Erbitux SalesCome in a Little Light - ALERT



ImClone Systems : Erbitux Misses inFirst Line NSCLC - ALERT


Incyte Corporation INCY26-Sep-07 Richard

SmithIncyte Corporation : MultipleDatapoints Support Positive View



Incyte Corporation : 2Q07 Results inLine: Steady Pipeline Progress -ALERT



Incyte Corporation : SteadyProgress in 2Q; Proof-of-conceptdata in two key programs in 2H07;Adj. Est.



Incyte Corporation : SupportiveINCB'9471 Data at IAS - ALERT



Incyte Corporation : Company VisitHighlights an Eventful 2H07 Ahead


InfoSpace, Inc. INSP18-Sep-07 Imran Khan InfoSpace Inc : InfoSpace sells

Switchboard.com unit for $225MNEUTRAL 0.0200 Q2-07 NA Q3-07 NA FY07 USD * NA NA

Infosys Technologies Limited INFY.BO12-Jul-07 Manoj Singla Infosys Technologies : Decent

1QFY08 but guidance revisiondisappoints, Fundamentals on track

OVERWEIGHT18.8200 Q1-08 21.1000 Q2-08 87.8000 FY07 SAR 2400.00 12-Jul-07 Dec-07

Ingersoll-Rand Company Limited IR8-Aug-07 Stephen

VolkmannCFA

Ingersoll Rand : Valuation ReflectsUpside; Assuming Coverage withNeutral


Ingram Micro Inc. IM15-Aug-07 Jason M.

GurskyIngram Micro : Near term buyingopportunity


27-Jul-07 Jason M. Ingram Micro : European and Asian NEUTRAL 0.3500 Q2-07 0.3600 Q3-07 1.6300 FY07 USD * NA NA



EPS EPS EPS

of 225

Gursky demand look good; the US appearsto be slowing

InnerWorkings, Inc. INWK9-Aug-07 Imran Khan InnerWorkings : Solid Quarter;

Maintaining OutlookNEUTRAL 0.0800 Q2-07 0.0800 Q3-07 0.3100 FY07 USD * NA NA

Innospec Inc. IOSP3-Aug-07 Jeffrey J.

ZekauskasInnospec : More Lead NEUTRAL 0.2700 Q2-07 0.2450 Q3-07 0.9550 FY07 USD * NA NA


Innospec : Q2:07 Results Positive -ALERT


InPhonic, Inc. INPC10-Aug-07 Imran Khan InPhonic, Inc. : 2Q Revenue Below

Expectations, Adjusting Est.NEUTRAL -0.5900 Q2-07 -0.1100 Q3-07 -1.0900 FY07 USD * NA NA

Insight Enterprises, Inc. NSIT8-Aug-07 Jason M.

GurskyInsight Enterprises Inc. : A lot ofmoving parts; Adjusting Estimates


Insulet Corporation PODD14-Aug-07 Michael N.

WeinsteinInsulet Corp : Strong 2Q Result;Guidance Appears Conservative


Integrys Energy Group, Inc. TEG30-Aug-07 Seth Tennant Integrys Energy Group :

Management Meetings Confirm OurInvestment Case. Adj. Ests.


8-Aug-07 Seth Tennant Integrys Energy Group : QtrDisappoints, But Not As Bad As ItLooks - ALERT


Intel Corporation INTC.OQ19-Sep-07 Christopher

DanelyIntel : 45nm Aims to Rain onBarcelona's Parade, ReiterateOverweight



Intel : PC Component Tracker - IntelGains with HP, Loses with Dell;Reiterate Overweight


24-Jul-07 Christopher Intel : AMD Reclaims a Portion of OVERWEIGHT 0.1900 Q2-07 0.3200 Q3-07 1.1800 FY07 USD * NA NA



EPS EPS EPS

of 225

Danely 1Q07 Share Losses9-Jul-07 Christopher

DanelyIntel : Intel 2Q07 A Little Better ThanExpected, Raising Estimates andReiterating Overweight Rating


IntercontinentalExchange, Inc. ICE26-Sep-07 KENNETH

WORTHINGTONThe Intercontinental Exchange :LCH Reduces Clearing Fees

OVERWEIGHT 0.8500 Q2-07 0.8600 Q3-07 3.3900 FY07 USD 180.00 3-Jan-07 Dec-07

7-Sep-07 KENNETHWORTHINGTON

The Intercontinental Exchange :Volumes Off To A Good Start inSeptember


6-Sep-07 KENNETHWORTHINGTON

The Intercontinental Exchange :Lowering Estimates Based on LowerRPC for the Quarter



The Intercontinental Exchange :Resuming Coverage WithOverweight Rating


Interline Brands, Inc. IBI3-Aug-07 Michael

RehautInterline Brands Inc. : Solid 2Q Rptd,While 3Q Issued Above the Streetand FY07 Guidance Raised; RaisingEsts., Reit. OW


International Coal Group, Inc. ICO20-Jul-07 John Bridges International Coal Group : Quick Q2:

$200m to $300m equity rising inprospect? - ALERT


International Flavors & Fragrances Inc. IFF8-Aug-07 Jeffrey J.

ZekauskasInternational Flavors & Fragrances :Raising 2008 EPS to Reflect ShareRepurchase



International Flavors & Fragrances :2Q EPS Meet Street Estimates:EPS Quality Weaker Than Expected- ALERT


International Game Technology IGT24-Sep-07 Harry C.

CurtisInternational Game Technology :Japan - Little Prospect for GamingGrowth, Both Pachislot & Casinos.Adjusting Estimates.




EPS EPS EPS

of 225


International Game Technology :$2.00 Run-Rate EPS Within FourQuarters



International Game Technology :Excellent Results and MultipleDrivers



International Game Technology :Recent Concerns Overblown


International Paper Company IP17-Aug-07 Claudia K.

ShankInternational Paper Co. : IlimAgreement Sets Stage for RussianExpansion



International Paper Co. : Pre-CallNote: 2Q EBIT In Line - ALERT



International Paper Co. : AdjustingEstimates Following In-Line 2QResult


International Rectifier Corporation IRF31-Aug-07 Shawn

WebsterInternational Rectifier : Legal TakingThe Helm, Concerned On ExecutionRisk


International Speedway Corporation ISCA10-Jul-07 Dean

GianoukosInternational Speedway : MissesQuarter, Slashes FY07 Guidance


Interpublic Group of Companies, Inc. IPG7-Aug-07 Fred W.

SearbyInterpublic Group : 2Q07 ResultsExceed Expectations


Intersil Corporation ISIL5-Sep-07 Shawn

WebsterIntersil Corporation : More SignalsOf Broad-Based Recovery, RaisingEstimates, Reiterate Overweight



Intersil Corporation : RaisingEstimates, Just The Beginning OfThe Recovery, Reiterate Overweight



Intersil Corporation : ChannelSell-through Healthy, RaisingEstimates




EPS EPS EPS

of 225

Intuit Inc. INTU25-Sep-07 Adam Holt Intuit : New QuickBooks Release

Brings Price IncreasesOVERWEIGHT -0.0100 Q4-08 NA Q1-09 1.6000 FY07 USD * NA NA

10-Aug-07 Adam Holt Intuit : Feeling the Punishment, NotSeeing the Crime

OVERWEIGHT -0.0600 Q4-07 -0.1100 Q1-08 1.3900 FY07 USD * NA NA

10-Jul-07 Adam Holt Intuit : Intuit Hones Focus on Core OVERWEIGHT -0.0600 Q4-07 -0.1100 Q1-08 1.3900 FY07 USD * NA NA

Investment Technology Group ITG11-Sep-07 KENNETH

WORTHINGTONInvestment Technology Group : ITGVolume and Market Share Surge inAugust on Strong Agency Trading


3-Aug-07 KENNETHWORTHINGTON

Investment Technology Group :International Drives Solid 2Q07Results



Investment Technology Group :Amending EPS Estimates to ShowFully Diluted EPS



Investment Technology Group : ITGVolume For 2Q07 In Line WithExpectations


Iowa Telecommunications Services, Inc. IWA.N8-Aug-07 Jonathan

ChaplinIowa Telecom : 2Q07 Quick Take -ALERT



Iowa Telecom : Results Disappoint;Lowering Estimates


iRobot Corporation IRBT24-Sep-07 Paul Coster iRobot Corporation : Reads Like a

Grisham Novel: We'd Be BuyersOVERWEIGHT -0.2000 Q2-07 0.0700 Q3-07 0.1200 FY07 USD * NA NA

17-Sep-07 Paul Coster iRobot Corporation : ExplosiveGrowth, Elsewhere.. Adj. Ests.


6-Sep-07 Paul Coster iRobot Corporation : September -Spring Time for IRBT - ALERT


22-Aug-07 Paul Coster iRobot Corporation : New RoombaProducts Introduced - ALERT


14-Aug-07 Paul Coster iRobot Corporation : 3000Counter-IED Robots - ALERT


25-Jul-07 Paul Coster iRobot Corporation : 2Q Preview:Reiterate Overweight


25-Jul-07 Paul Coster iRobot Corporation : 2Q First Take:Solid, Raises Full Year Guidance -Mild Positive - ALERT




EPS EPS EPS

of 225

12-Jul-07 Paul Coster iRobot Corporation : $17.5m inPackBot Orders - ALERT


Isilon Systems, Inc. ISLN27-Jul-07 Aaron M.

SchwartzIsilon Systems : Q2 Proves Difficult.Revised Guidance Will ResetExpectations



Isilon Systems : We Expect a StrongQ2 and Modest Upside to Estimates


Isle of Capri Casinos ISLE7-Sep-07 Harry C.

CurtisIsle of Capri Casinos : 1Q EarningsMixed. Wait for Positive EarningsMomentum Before a Turnaround

NEUTRAL -0.0700 Q1-08 -0.0300 Q2-08 0.2800 FY07 USD * NA NA

7-Sep-07 Harry C.Curtis

Isle of Capri Casinos : SignificantCost-Outs in Q1, But RemainNeutral Due to Uncertainty &Challenges in Key Markets



Isle of Capri Casinos : Miami-DadeSlots a Potential Positive for Isle


ITC Holdings Corp. ITC18-Sep-07 Seth Tennant ITC Holdings : IUB Allows

Acquisition to Proceed - ALERTOVERWEIGHT 0.4600 Q2-07 NA Q3-07 1.5500 FY07 USD * NA NA

1-Aug-07 Seth Tennant ITC Holdings : Strong 2Q07 Results;Affirmed 2007 Guidance - ALERT


20-Jul-07 Seth Tennant ITC Holdings : Commits to Project inKS, Additive to Earnings - ALERT


Itron, Inc. ITRI28-Sep-07 Paul Coster Itron, Inc : AMR-Plus Contract

Announced - ALERTNEUTRAL 0.8900 Q2-07 0.7700 Q3-07 2.9800 FY07 USD * NA NA

7-Aug-07 Paul Coster Itron, Inc : Downgrading to Neutral:Valuation


2-Aug-07 Paul Coster Itron, Inc : 2Q07 Beats onAcquisition; Core A Bit Weak


31-Jul-07 Paul Coster Itron, Inc : 2Q07 Preview: Expect aNoisy Quarter


ITT Corporation ITT18-Sep-07 C. Stephen

Tusa Jr.ITT Corp. : EDO Acquisition AddsTo Growing Defense Portfolio




EPS EPS EPS

of 225


ITT Corp. : Notes From Dinner WithManagement



ITT Corp. : Solid 2Q; AdjustingEstimates



ITT Corp. : Initial Take On 2Q -ALERT



ITT Corp. : Favorable Outlook Intact,But Valuation Limits Near-TermPotential for Outperformance;Moving to Neutral



ITT Corp. : Army Contract Award aModest Positive - ALERT


ITT Educational Services, Inc. ESI16-Jul-07 Edward

YrumaITT Educational Services Inc : LatterChapters; Initiate at Neutral


Ituran Location and Control Ltd. (US) ITRN20-Aug-07 Paul Coster Ituran Location and Control : 2Q07

Results Mixed, Thesis Unchanged;Adj Ests.


16-Aug-07 Paul Coster Ituran Location and Control : 2Q07Preview: Sidelined, but Closer toTurnaround


J. Crew Group, Inc. JCG7-Sep-07 Brian J.

TunickJ. Crew Group, Inc. : Q2 ResultsStrong, But Not Enough to Supportthe Multiple; Raising Est.


J.B. Hunt Transport Services, Inc. JBHT17-Jul-07 Thomas R.

WadewitzJ.B. Hunt Transportation :Impressive Intermodal GrowthOffsets Weak TL; Upside Remainsfor the Stock


J.C. Penney Company, Inc. JCP26-Sep-07 Charles

GromJCPenney Corporation : Meetingwith Pres. Ken Hicks, Reward >Risk, OW



JCPenney Corporation : Update,Flight to Quality, Overweight




EPS EPS EPS

of 225


JCPenney Corporation : 2QRespectable, 2H View Makes SensePost M, Remain Buyers at Trough9.6x Multiple

OVERWEIGHT 0.7700 Q2-08 1.4600 Q3-08 5.5500 FY07 USD 104.00 17-Jan-07 Jun-08


JCPenney Corporation : ReadingThe Print - What To Look For in2Q07 EPS



JCPenney Corporation : Model Isn'tBroken Folks, Cali Notes,Overweight


Jack in the Box Inc. JBX8-Aug-07 Steven Rees Jack In The Box Inc. : F3Q Comps

Impressive, But Restaurant LevelMargins Lower - ALERT


8-Aug-07 Steven Rees Jack In The Box Inc. : F3Q CompsStrong, But N-T Margin OutlookLower


Jackson Hewitt Tax Service Inc. JTX6-Sep-07 Michael J.

FoxJackson Hewitt Tax Service Inc. :F1Q08: Net Loss Widens, MgtExpects 15-20% EPS Growth OverNext 5 Years



Jackson Hewitt Tax Service Inc. :FY 2007 10K Review


Janus Capital Group Inc. JNS30-Aug-07 KENNETH

WORTHINGTONJanus Capital Group : SchoelzelResignation Loss for Janus, Not theStock - Corrected Note supersedesany previous versions



Janus Capital Group : Intech is MathNot Quant, But Fund PerformanceContinues to Slide



Janus Capital Group : Janus BeatsStreet, Growth Sales Turn Positive



Janus Capital Group : FundPerformance Fees Offset WeakIntech Returns


Javelin Pharmaceuticals Inc. JAV4-Sep-07 Adam Javelin Pharmaceuticals : RemovingOVERWEIGHT -0.1600 Q2-07 -0.2600 Q3-07 -0.8100 FY07 USD * NA NA



EPS EPS EPS

of 225

Greene from Focus List - Nothing HasChanged Other Than Share Price

9-Aug-07 AdamGreene

Javelin Pharmaceuticals : Waitingfor U.K. Approval for Dyloject



Javelin Pharmaceuticals : DylojectPhase III Orthopedic Study Initiated- ALERT



Javelin Pharmaceuticals : PositiveManagement Meetings, Catalysts onTrack


Johnson & Johnson JNJ19-Sep-07 Michael N.

WeinsteinJohnson & Johnson : ICAAC KicksOff a Busy 2H07 for J&J'sLate-Stage Pipeline



Johnson & Johnson : Getting Lean:Cost-Cutting to Drive EPS Growth inthe Face of Generic Competition



Johnson & Johnson : Raising Ests:Cost-Cutting to Drive EPS Growth in2008-09, Potential Re-Accelerationin 2010



Johnson & Johnson : Early Read on2Q Results



Johnson & Johnson : What's in thePipeline: Spotlight on UpcomingClinical Trial Presentations


Johnson Controls, Inc. JCI25-Sep-07 Himanshu

PatelJohnson Controls, Inc. : Preview:See Cautiously Optimistic 08Analyst Meeting



Johnson Controls, Inc. : Lead HitHard but Temporary; InteriorRebounding



Johnson Controls, Inc. : Quick Take:Q3 Results In Line - ALERT


Jones Apparel Group, Inc. JNY7-Sep-07 Robert

SamuelsJones Apparel Group : PositiveMeeting but Long Way to Go; Adj.Ests




EPS EPS EPS

of 225

Jones Lang LaSalle Incorporated JLL3-Aug-07 Michael J.

FoxJones Lang LaSalle Inc : 2Q07 10QReview



Jones Lang LaSalle Inc : AnotherExcellent Quarter, Market RemainsRobust



Jones Lang LaSalle Inc : We ExpectStrong Second Quarter Results



Jones Lang LaSalle Inc : Adding toJPM Focus List, Raising Estimates


Jos. A. Bank Clothiers, Inc. JOSB14-Sep-07 Brian J.

TunickJoS. A. Bank Clothiers Inc : SlowingGrowth Reflected in Valuation;Raising Est.


Juniper Networks, Inc. JNPR7-Sep-07 Ehud A.

Gelblum PhD

Juniper Networks : COO MeetingSheds a Little Light on Levers to OpMargin Improvement; Reit OW



Juniper Networks : From theFootnotes - Q207 10-Q Review



Juniper Networks : Q207 Wrap:High R&D Keeps EPS In-Line,Despite Surging Rev; Reit OW asThesis Begins to Unfold


Kadant Inc. KAI26-Jul-07 Claudia K.

ShankKadant, Inc. : Pre-Call Note: Good2Q; Guidance Maintained



Kadant, Inc. : ContinuedOpportunities for Growth


KB Home KBH27-Sep-07 Michael

RehautKB Home : Sizeable 3Q ChargesShow Further Deterioration In TheMarket; Maintain Cautious Stance -ALERT



KB Home : Post-Call Notes: CashFlow Generation Solid, But ChargesShould Continue; Lowering Ests.




EPS EPS EPS

of 225

Kellogg Company K30-Aug-07 Pablo E.

ZuanicKellogg : Snippets from Meeting withManagement



Kellogg : "Safe Haven" StatusReinforced, But Keep Neutral



Kellogg : Why Our Concerns AreRising (2Q Out Tomorrow)


Kelly Services, Inc. KELYA8-Aug-07 Michael J.

FoxKelly Services : 2Q07 10Q Review UNDERWEIGHT0.4100 Q2-07 0.4300 Q3-07 1.6100 FY07 USD * NA NA


Kelly Services : 2Q07 Glance:Above Consensus Results



Kelly Services : 2Q07: AboveConsensus Results, But ReducedGuidance


KEMET Corporation KEM13-Aug-07 Thomas

DingesKEMET Corporation : It's a bit biggerthan a tuck-in


Kennametal Inc. KMT17-Sep-07 Stephen

VolkmannCFA

Kennametal Inc. : August BaseOrders Improve 5% - In Line WithGuidance


13-Sep-07 StephenVolkmannCFA

Kennametal Inc. : Highlights fromNYC Investor Meeting



Kennametal Inc. : July Base OrdersImprove an In-Line 7%



Kennametal Inc. : Can ManagementHit Ambitious 2009 Goals?Assuming Coverage with Neutral


Keryx Biopharmaceuticals KERX26-Sep-07 Geoffrey

MeachamKeryx Biopharmaceuticals :Attractive Zerenex Deal, ButSulonex Still the Driver



Keryx Biopharmaceuticals : 2Q07 aNon-Event; Sulonex Remains onTrack




EPS EPS EPS

of 225

Kimberly-Clark Corporation KMB25-Jul-07 John

FaucherKimberly-Clark : Top Line &Buyback Should Offset Pulp for '07



Kimberly-Clark : KMB's Q2 LooksFine; Announces ShareRepurchases - ALERT



Kimberly-Clark : Reading The Print:What To Look For In KMB's Q2


Kimco Realty Corporation KIM28-Sep-07 Michael

MuellerKimco Realty Corporation : ModelAdjustment



Kimco Realty Corporation : Big 2Qin terms of transactional earnings;guidance moved toward ourestimate


Kinetic Concepts, Inc. KCI.N18-Sep-07 Michael N.

WeinsteinKinetic Concepts, Inc : Investor DayHighlights Diversification Strategy



Kinetic Concepts, Inc : VACRe-Accelerates; Raising Estimates



Kinetic Concepts, Inc : Early Readon 2Q Results


King Pharmaceuticals, Inc. KG11-Sep-07 Adam

GreeneKing Pharmaceuticals, Inc : AltacePatent Ruled Invalid - ALERT


7-Aug-07 AdamGreene

King Pharmaceuticals, Inc : In-LineQuarter, Reiterate Neutral


Kinross Gold Corporation KGC1-Aug-07 John Bridges Kinross Gold : Quick Q2'07:

Advances projects but strongercurrencies an issue - ALERT


Kirby Corporation KEX25-Sep-07 Jonathan

ChappellKirby Corp : Raising EPS Est. onNew Guidance; Reit. Neutral



Kirby Corp : 2Q EPS Beats Est. onCost Controls; Raising Est.




EPS EPS EPS

of 225

KKR Financial Holdings LLC KFN26-Sep-07 George A.

SaccoKKR Financial : EstablishingEstimates Following RecentCorporate Actions



KKR Financial : Corporate DebtBusiness Remains Strong, AmpleNear-term Liquidity - ALERT


KLA-Tencor Corporation KLAC27-Jul-07 Jay Deahna KLA-Tencor Corp : F4Q07 Results-

KLA Reports Solid Beat; Adj EstOVERWEIGHT 1.0100 Q4-08 1.0000 Q1-09 3.7200 FY07 USD * NA NA

18-Jul-07 Jay Deahna KLA-Tencor Corp : JPMSemiconWest Presentation - SolidStory, 45nm Yield Challenges WillDrive Demand


Knight Capital Group Inc. NITE17-Sep-07 KENNETH

WORTHINGTONKnight Capital Group : LoweringEPS on Alternative Liquidity andWeak OTC BB Volume



Knight Capital Group : LoweringNumbers on Weaker DeephavenPerformance



Knight Capital Group : Poor 2Q07EPS Growth Leaves Investors inDark


Knight Transportation KNX19-Sep-07 Thomas R.

WadewitzKnight Transportation, Inc. :Downside 3Q Pre-Report Driven byWeak TL Market



Knight Transportation, Inc. :Upgrading to OW on FavorableReward to Risk; Low Price for aGrowth Story


Knightsbridge Tankers Ltd. VLCCF18-Sep-07 Jonathan B

ChappellOil Tanker Industry : Raising '08Tanker EPS Est. on Higher Rates


14-Aug-07 Jonathan BChappell

Knightsbridge Tankers Ltd. :Lowering 2H07 Est. after 2Q EPS,Div'd Misses




EPS EPS EPS

of 225

Knoll, Inc. KNL5-Sep-07 Michael

RehautKnoll Inc. : BIFMA July OrderGrowth of 9% Gives Confidence inOur Mid-Single-Digit GrowthEstimate for 2007



Knoll Inc. : BIFMA June OrderGrowth of 13% Puts Mid-Single-DigitGrowth for 2007 Back on Track



Knoll Inc. : Post-Call Notes:Ex-CAD, Guidance Closer to Street;Strong B/S Provides AccretiveOpportunities


Kohl's Corporation KSS20-Sep-07 Charles

GromKohl's Corporation : Buyback aPositive, Accretion Scenarios,Neutral



Kohl's Corporation : Vera Wang,Update, Stay on Sidelines



Kohl's Corporation : Steady As SheGoes, Puts = Takes, Neutral



Kohl's Corporation : Simply Vera -You Be The Judge


Komag, Incorporated KOMG7-Aug-07 Mark

MoskowitzKomag : The Last Waltz: DismalJune Results Reported


Kraft Foods Inc. KFT6-Sep-07 Pablo E.

ZuanicKraft Foods : A Much Better OutingThan the One At CAGNY

OVERWEIGHT 0.5000 Q2-07 0.4300 Q3-07 1.8500 FY07 USD 40.00 2-Apr-07 Jun-08


Kraft Foods : Potential Impact fromSale of RTE Cereal



Kraft Foods : Quick Take on 2Q07Results - ALERT



Kraft Foods : More Positives ThanNegatives, Plus Attractive LT Upside



Kraft Foods : Margin Opportunity,Peltz, DA Deal, all Point to Upside


Krispy Kreme Doughnuts KKD7-Sep-07 John Ivankoe Krispy Kreme Doughnuts : On WeakUNDERWEIGHT-0.0800 Q2-08 0.0600 Q3-08 0.0900 FY07 USD * NA NA



EPS EPS EPS

of 225

Fundamentals, Stock Still ExpensiveDespite Recent Decline

K-V Pharmaceutical Company KVa26-Jul-07 Adam

GreeneKV Pharmaceutical Company :Generic Toprol-XL Shipping Today -ALERT


L-1 Identity Solutions, Inc. ID2-Aug-07 Paul Coster L-1 Identity Solutions : 2Q EPS

Misses On In-Line Revenue; Adj.Ests


L-3 Communications Holdings, Inc. LLL27-Jul-07 Joseph B.

NadolL-3 Communications : In Line Q2;Raising Estimates



L-3 Communications : First Look atQ2 Earnings - ALERT


Lam Research Corporation LRCX25-Jul-07 Jay Deahna Lam Research : Partial C2Q Results

- Strong Cash Flow Fuels Surge inShare Buybacks; Consensus LikelyTo Rise


Lamar Advertising Company LAMR8-Aug-07 John

BlackledgeLamar Advertising Co. : 2Q07 FirstGlance: Rev and EBITDA in Line,EPS Miss Due to Higher InterestExpense; Lower Than Expected3Q07 Guidance - ALERT



Lamar Advertising Co. : In Line2Q07 Rev and EBITDA, ButDecelerating Top Line in 2H07Given Local Weakness; Est.Reduced


LandAmerica Financial Group, Inc. LFG29-Aug-07 George A.

SaccoLandAmerica Financial Group : CostCuts A Positive Step, butFundamentals Still Bad and StockStill Expensive; Cutting Ests




EPS EPS EPS

of 225

Las Vegas Sands Corp. LVS24-Sep-07 Harry C.

CurtisLas Vegas Sands Corp. : RemovingFrom AFL, but Reiterate Overweight



Las Vegas Sands Corp. : IncreasingPrice Target to $120

OVERWEIGHT 0.2300 Q2-07 0.4000 Q3-07 1.3500 FY07 USD 120.00 12-Sep-07 Jul-08


Las Vegas Sands Corp. : EarlySigns Suggest Venetian MacaoTrading Better Than Expected -Could Be Upside to 4Q Ests



Las Vegas Sands Corp. : InitialObservations Encouraging - ALERT



Las Vegas Sands Corp. : VenetianOpening Extremely Strong - 60k+Customers - ALERT



Las Vegas Sands Corp. : Adding toJPM Analyst Focus List


LaSalle Hotel Properties LHO20-Jul-07 Charles P.

ScholesLaSalle Hotel Properties : HighSingle Digit 2H RevPAR GrowthLikely, But Renovation ExecutionRisk Remains. Adj. Ests.


19-Jul-07 Charles P.Scholes

LaSalle Hotel Properties : 2Q BelowEsts. Due To Renovation Disruption.


Lattice Semiconductor LSCC27-Jul-07 Christopher

DanelyLattice Semiconductor : No Signs ofCost Cutting, Lowering Estimates,Reiterate Underweight


Lawson Software, Inc. LWSN27-Jul-07 Adam Holt Lawson Software : Solid Q4;

Conservative GuidanceNEUTRAL 0.1100 Q4-08 NA Q1-09 0.3100 FY07 USD * NA NA

Leap Wireless International, Inc. LEAP17-Aug-07 Thomas J.

LeeLeap Wireless International : Timeto step up. Adding LEAP to the USAnalyst Focus List

OVERWEIGHT 0.0500 Q2-07 -0.0200 Q3-07 -0.0500 FY07 USD 119.00 17-Aug-07 Aug-08


Leap Wireless International : Inline2Q...Street torn if it is seasonality ora weak consumer. Dead money fornow. Raising 3Q subs. ReiterateOW.




EPS EPS EPS

of 225


Leap Wireless International : Inline2Q...Street torn if it is seasonality ora weak consumer. Dead money fornow. Raising 3Q subs. ReiterateOW. - Corrected Note supersedesany previous versions



Leap Wireless International : 2Q inline with 126k net adds (our 125k)...2H07 guidance above ourestimates. - ALERT



Leap Wireless International : Stockoff on Metro PCS 2Q results.Limited read-thru. BUY onweakness - ALERT


Lennar Corporation LEN25-Sep-07 Michael

RehautLennar : Sizeable Charges Only InPart Due To Industry Catch Up;Maintain Cautious Stance - ALERT



Lennar : Post-Call Notes: JVs andDebt Covenants OK, But SizeableCharges Should Continue; LoweringEsts.


Lennox International Inc. LII26-Jul-07 Curtis

WoodworthLennox International Inc : So ManyWays to Win - Reiterate Focus ListPick



Lennox International Inc : 2Q CleanEPS of $0.87 is a Beat; AsExpected, FY07 Guidance Loweredto $2.40-2.50; $500M Buyback IsPositive - ALERT



Lennox International Inc : Adding toFocus List with $44 Price Target -Strong Platform / Significant Roomfor Multiple Expansion


Level 3 Communications, Inc. LVLT27-Jul-07 Jonathan

ChaplinLevel 3 Communications, Inc. :Guidance Disappoints, but ThesisRemains on Track

OVERWEIGHT -0.1300 Q2-07 -0.0900 Q3-07 -0.4200 FY07 USD 8.00 5-Jan-07 Jan-08


Level 3 Communications, Inc. :Announces Acquisition of Servecast

OVERWEIGHT -0.1200 Q2-07 -0.0900 Q3-07 -0.4200 FY07 USD 8.00 5-Jan-07 Jan-08



EPS EPS EPS

of 225

- ALERT

Lexington Realty Trust LXP9-Aug-07 Anthony

PaoloneLexington Realty Trust : Smallapples-to-apples miss in 2Q; stockbuyback should help stock/earnings

UNDERWEIGHT0.3400 Q2-07 -0.1600 Q3-07 -0.5200 FY07 USD * NA NA


Lexington Realty Trust : ModelAdjustment


Lexmark International, Inc. LXK25-Jul-07 Bill C. Shope

CFALexmark International : A ToughRoad Ahead



Lexmark International : A DifficultMargin Reset That May Not End ForSome Time; Lowering Estimates



Lexmark International :Preannouncement Suggests OurFears of a Margin CollapseContinue to Play Out - ALERT


Liberty Media Corporation (Interactive) LINTA16-Aug-07 Imran Khan Liberty Interactive : Investment

Strategy on Track with BORBAInterest


9-Aug-07 Imran Khan Liberty Interactive : AdjustingEstimates on 2Q Weakness


8-Aug-07 Imran Khan Liberty Interactive : Int'l WeaknessContinues in 2Q - ALERT


LifePoint Hospitals, Inc. LPNT23-Jul-07 Andreas

DirnaglLifePoint : 2Q07 EPS SignificantlyBelow Street, Guidance - ALERT


LIN TV Corp. TVL16-Aug-07 John

BlackledgeLIN TV Corporation : AdjustingEstimates Post 2Q07 Earnings



LIN TV Corporation : 2Q07 FirstGlance: 2Q Results and 3QGuidance Both Slightly BelowForecast - ALERT


Lincoln Electric Holdings, Inc. LECO



EPS EPS EPS

of 225

10-Aug-07 SabinaChatterjee

Lincoln Electric Holdings : ModelUpdate


Lions Gate Entertainment Corp. (USA) LGF14-Aug-07 Barton

CrockettLions Gate Entertainment Corp : AdjEsts After F1Q08 Report



Lions Gate Entertainment Corp :F1Q08 React: Losses Worse ThanExpected - ALERT


Lithia Motors, Inc. LAD4-Sep-07 Edward

YrumaLithia Motors Inc : Analyst Mtg: L2Might Be CarMax V.2...Someday


Lockheed Martin Corporation LMT10-Aug-07 Joseph B.

NadolLockheed Martin : Notes fromOwego Visit



Lockheed Martin : Impressive Q2,Raising Estimates



Lockheed Martin : First Look at Q2Earnings - ALERT


LoJack Corporation LOJN31-Jul-07 Paul Coster LoJack Corp : 2Q07 Preview:

SidelinedNEUTRAL 0.2800 Q2-07 0.3000 Q3-07 1.1400 FY07 USD * NA NA

Louisiana-Pacific Corporation LPX25-Jul-07 Claudia K.

ShankLouisiana-Pacific Corp : Pre-CallNote: 2Q Results Beat StreetDespite Tough Market - ALERT



Louisiana-Pacific Corp : ExitingDecking Makes Strategic Sense;Raising Ests.


Lowe's Companies, Inc. LOW26-Sep-07 Stephen

ChickLowe's Companies, Inc. : Adj. Ests.Post Analyst Day; Overweight


22-Aug-07 StephenChick

Lowe's Companies, Inc. : Upgradeto Overweight from Neutral;Risk/Return


21-Aug-07 Stephen Lowe's Companies, Inc. : LOW (N) NEUTRAL 0.6700 Q2-08 0.4500 Q3-08 1.9500 FY07 USD * NA NA



EPS EPS EPS

of 225

Chick Inexpensive Too; HD > LOW; Q2Review


Lowe's Companies, Inc. : Adj Ests;Neutral


LSI Corporation LSI21-Aug-07 Shawn

WebsterLSI Logic Corporation : HandsetSale Slightly Dilutive, But ShareBuyback Offsets



LSI Logic Corporation : Analyst DayRecap ... No News On Mobility



LSI Logic Corporation : RaisingEstimates On Cost Reduction, StillConcerned On Execution andRevenue Risk

UNDERWEIGHT-0.0500 Q2-07 -0.0100 Q3-07 0.0700 FY07 USD * NA NA

Luminent Mortgage Capital, Inc. LUM11-Sep-07 Andrew

WesselLuminent Mortgage Capital : LoanSales a Small Positive,Overwhelmed By LingeringQuestions - Reiterate Underweight



Luminent Mortgage Capital : DealEquates to a Secured Option onRemaining Equity - Reiterate UWRating - ALERT



Luminent Mortgage Capital :Suspending Dividend, ExploringAlternatives to Sustain Liquidity -Reiterate UW Rating



Luminent Mortgage Capital :Downgrading to Underweight onPure-Play Exposure to ResidentialMortgage Market



Luminent Mortgage Capital :Preannounced $0.33 EPS BeatsEstimate by $0.01


Lyondell Chemical Company LYO27-Jul-07 Jeffrey J.

ZekauskasLyondell Chemical Company :Basell Bid Remains on Track



Lyondell Chemical Company : MoreBidders?



Lyondell Chemical Company : LYOAgrees to $48 per share Bid By




EPS EPS EPS

of 225

Basell - ALERT

M.D.C. Holdings, Inc. MDC27-Jul-07 Michael

RehautMDC Holdings : Post-Call Notes;Lowering Estimates, but MaintainRelative OW Rating


Macrovision Corporation MVSN18-Sep-07 P. Sterling

Auty IIMacrovision : Share Repurchase aPositive Sign



Macrovision : One of Two SlippedOpportunities Now Done - ALERT



Macrovision : Management's FirstExecution Miss-Step; Lowering Est.


Macy's, Inc. M15-Aug-07 Charles

GromMacy's Inc. : 2Q First Take, Not ThatBad (But Not That Good)



Macy's Inc. : Reading The Print -What To Look For In 2Q07 EPS



Macy's Inc. : Value or Value Trap?Lowering Est's, JCP > M


Magna International Inc. (USA) MGA10-Aug-07 Himanshu

PatelMagna International, Inc. : MarginRecovery On-track; Raise EPS



Magna International, Inc. : 2Q Beaton Stronger Revenues, NA Margins- ALERT


Manhattan Associates, Inc. MANH25-Jul-07 Adam Holt Manhattan Associates, Inc : Solid

Q2 Underscores ExecutionImprovements; Upgrading to Neutral


Manitowoc Company, Inc. MTW1-Aug-07 Stephen

VolkmannCFA

Manitowoc Co. : Raising Estimateson 2Q Beat, Backlog



Manitowoc Co. : FY07 GuidanceRaised Again on 2Q Beat - ALERT




EPS EPS EPS

of 225

MannKind Corporation MNKD10-Aug-07 Geoffrey

MeachamMannKind Corporation : 2QEarnings In Line; $350M Shelf Not aSurprise



MannKind Corporation : FinancingLikely By YE07, But LT ViewUnchanged; Adj Ests.



MNKD Client Model : As of 8-3-07 OVERWEIGHT -1.0300 Q2-07 -0.9600 Q3-07 -4.0000 FY07 USD * NA NA

Manor Care, Inc. HCR2-Jul-07 Andreas

DirnaglManor Care, Inc : HCR GoingPrivate - ALERT


Manpower Inc. MAN1-Aug-07 Michael J.

FoxManpower Inc : 2Q07 10Q Review NEUTRAL 1.2000 Q2-07 1.4200 Q3-07 4.9400 FY07 USD * NA NA


Manpower Inc : Amendment toFrench Payroll Taxes, LoweringEPS Estimates



Manpower Inc : 2Q07 Glance:Above Consensus Results



Manpower Inc : 2Q07: Solid Quarterand Outlook


Marathon Oil Corporation MRO1-Aug-07 KATHERINE

LUCASMarathon Oil : Western Oil Sandsacquisition upstages 2Q results



Marathon Oil : Western Oil Sandsacquisition and $2 billion in newbuybacks overshadow 2Q07earnings beat - ALERT



Marathon Oil : 2Q07 interim adjustsdownstream benchmarks,moderates upstream expectations -ALERT


MarineMax, Inc. HZO26-Jul-07 Steven Rees MarineMax, Inc : Better Gross

Margin Trends Drive F3Q Upside,Despite Much Lower SSS - ALERT


26-Jul-07 Steven Rees MarineMax, Inc : F3Q: Better Than NEUTRAL 0.5000 Q3-07 0.1900 Q4-07 0.6000 FY07 USD * NA NA



EPS EPS EPS

of 225

Expected Gross Margin Offset ByMuch Lower SSS; Envir. RemainsDifficult, Adj Ests.

Mariner Energy, Inc. ME14-Aug-07 Joseph D.

AllmanMariner Energy, Inc. : ProductionGuidance Reaffirmed; One MoreDeepwater Well In 2007?


17-Jul-07 Joseph D.Allman

Mariner Energy, Inc. : Red Lion ASuccess; Magellan Circles Back -Mild Negative - ALERT


Marriott International, Inc. MAR13-Jul-07 Harry C.

CurtisMarriott International : Buy OnPullback. Global RevPAR Growth Of8%.



Marriott International : FirstImpressions - 2H RevPARAcceleration


Marsh & McLennan Companies, Inc. MMC17-Sep-07 Matthew

HeimermannMarsh & McLennan Cos., Inc. :Marsh CEO Departure Has Plussesand Minuses



Marsh & McLennan Cos., Inc. : 2Q:It Was the Worst of Times, Best ofTimes Ahead



Marsh & McLennan Cos., Inc. :Putnam Close Likely Only The FirstCatalyst


Martin Marietta Materials, Inc. MLM.N7-Aug-07 Mike Betts Martin Marietta Materials : Slightly

increases full-year guidance -ALERT

OVERWEIGHT NA Q2-07 NA Q3-07 6.4300 FY07 USD 172.00 19-Jul-07 Jun-08

19-Jul-07 Mike Betts Martin Marietta Materials : ReducingEPS estimates by 2-5%; loweringprice target from $175 to $172;retaining Overweight rating

OVERWEIGHT NA Q2-07 NA Q3-07 6.8500 FY07 USD 172.00 19-Jul-07 Jun-08

Marvel Entertainment, Inc. MVL21-Aug-07 Barton

CrockettMarvel Entertainment, Inc. :Updating Model for 10-Q, Adj Ests




EPS EPS EPS

of 225


Marvel Entertainment, Inc. : 2Q07Wrap, Adjusting Estimates



Marvel Entertainment, Inc. : 2Q07React: Qtr Missed, Yr GuidanceMaintained - ALERT



Marvel Entertainment, Inc. : 2Q07Preview: Potential Spiderman ToyIssue


Marvell Technology Group Ltd. MRVL24-Aug-07 Shawn

WebsterMarvell Technology Group : XScaleDilution A Little Worse ThanExpected, Trimming EPS, StayingNeutral


Masco Corporation MAS26-Sep-07 Michael

RehautMasco Corp. : Notes From TheRoad; Maintain OW Rating



Masco Corp. : 2Q Beat Solid, Led byMargins; Impressively, Low End ofFY07 Guidance Raised; Reit. OW -ALERT



Masco Corp. : 2Q Beats Solidly;Impressively, Low End of FY07Guidance Raised; Raising FY07E,Reit. OW Rating


Massey Energy Company MEE3-Jul-07 John Bridges Massey Energy : Massey gets a

Fourth of July Rocket - ALERTUNDERWEIGHT0.3800 Q2-07 0.4000 Q3-07 1.5900 FY07 USD * NA NA

MasterCard Incorporated MA2-Aug-07 Tien-Tsin

HuangMasterCard : Takes a Breather, OWThesis Intact; Raising Est



MasterCard : 2Q07 First Look:Modest EPS Beat on Solid Revenue- ALERT



MasterCard : 2Q Preview: ModestUpside Likely , Focus on KeyMetrics


Mattel, Inc. MAT16-Jul-07 Dean Mattel, Inc. : First Glance: In-Line NEUTRAL NA Q2-07 NA Q3-07 1.6600 FY07 USD * NA NA



EPS EPS EPS

of 225

Gianoukos Quarter, Outlook Unchanged16-Jul-07 Dean

GianoukosMattel, Inc. : Solid Quarter, OutlookUnchanged


Mattson Technology, Inc. MTSN26-Sep-07 Jay Deahna Mattson Technology : Defending

Mattson...Again; Adj Ests.OVERWEIGHT 0.2200 Q2-07 0.0700 Q3-07 0.5000 FY07 USD 14.00 10-Jan-07 Feb-08

25-Sep-07 Jay Deahna Mattson Technology : New ProductRamp Continues; Growth StoryIn-Tact; Buy on Weakness

OVERWEIGHT 0.2200 Q2-07 0.0700 Q3-07 0.5000 FY07 USD 14.00 10-Jan-07 Feb-08

26-Jul-07 Jay Deahna Mattson Technology : DRAMmit!DRAM Push Outs Hurt Near TermNew Product Ramp and GMExpansion, Adj. Est's.

OVERWEIGHT 0.2200 Q2-07 0.2100 Q3-07 0.7200 FY07 USD 14.00 10-Jan-07 Feb-08

Maxim Integrated Products Inc. MXIM3-Aug-07 Christopher

DanelyMaxim Integrated Products : Solid2Q Results and Improving GrossMargins; Reiterate Overweight


Maxygen, Inc. MAXY21-Sep-07 Jeffrey J.

ZekauskasMaxygen, Inc : Roche SuspendsMAXY-alpha Phase I Clinical Trial -ALERT



Maxygen, Inc : MAXY ContinuesClinical Progress


MBIA Inc. MBI.N30-Jul-07 Andrew

WesselMBIA Inc. : Valuation BecomingAttractive, But More Headline RiskAhead; Adjusting Ests - ReiterateNeutral


McAfee, Inc. MFE27-Jul-07 P. Sterling

Auty IIMcAfee : Enterprise Biz Strong LikePeers, Raising Est.



McAfee : Why the June QuarterNeeds to be Strong - ALERT


McDonald's Corporation MCD12-Sep-07 John Ivankoe McDonald's : Third Positive Note Of

the Week; Increased Cash Return toOVERWEIGHT 0.7100 Q2-07 0.7700 Q3-07 2.7700 FY07 USD * NA NA



EPS EPS EPS

of 225

Shareholders Supports OW Thesis11-Sep-07 John Ivankoe McDonald's : Strong SSS Continue

at Our Top OW PickOVERWEIGHT 0.7100 Q2-07 0.7600 Q3-07 2.7600 FY07 USD * NA NA

8-Aug-07 John Ivankoe McDonald's : Solid SSS ContinueFor Our Top OW Pick


McKesson Corporation MCK27-Jul-07 Lisa Gill McKesson Corporation : Tech Dives

1Q Results; Maintaining Full YearEst.


16-Jul-07 Lisa Gill McKesson Corporation : McKessonto acquire Awarix; Enhances IToffering - ALERT


McMoRan Exploration Co. MMR4-Sep-07 Brian L.

KuzmaMcMoRan Exploration Company :Updating Model For Closed NFXProperty Acquisition


6-Aug-07 Brian L.Kuzma

McMoRan Exploration Company :Upgrading to Overweight on LowerRisk Profile After RecentDiscoveries



McMoRan Exploration Company :Flatrock Encounters Deeper Pay -Positive For Stock - ALERT


19-Jul-07 Brian L.Kuzma

McMoRan Exploration Company :Production Drop Hurts 2Q Numbers;Nothing New Concerning OngoingExploration Wells - Net Negative -ALERT

NEUTRAL NA Q2-07 NA Q3-07 -2.2700 FY07 USD * NA NA


McMoRan Exploration Company :Flatrock Discovery Grows In Size -Positive For Stock - ALERT

NEUTRAL NA Q2-07 NA Q3-07 -2.2700 FY07 USD * NA NA


McMoRan Exploration Company :Early Indications Point To 2 NewDiscoveries - Positive Alert - ALERT


MDU Resources Group, Inc. MDU25-Jul-07 Glenn B.

MullinMDU Resources Group Inc :Business Mix Helps OffsetResidential Pullback


MeadWestvaco Corp. MWV



EPS EPS EPS

of 225


MeadWestvaco : Sells 323k Acresof Timberland at Good Value; 63kAcres Still to Come - ALERT



MeadWestvaco : 2Q In Line DespiteWeak Consumer; Raising '08 Est



MeadWestvaco : Pre-Call Note - AGood Quality 2Q - ALERT


Mechel OAO (ADR) MTL11-Jul-07 Rodolfo

AngeleMechel : 1Q07 Results - EBITDAhigher on strong prices - Neutral -ALERT


Medarex, Inc. MEDX1-Aug-07 Geoffrey

MeachamMedarex : 2Q07 Uneventful: FocusRemains 010 Data in 2H; Adj Ests


MedCath Corporation AEM.N2-Aug-07 Andreas

DirnaglMedCath Corp. : MDTH: FY3Q SolidQuarter Driven by Cost Containment- ALERT


27-Jul-07 Canadian Watch List "Events on thehorizon" 27-Jul-2007 Pasquali


Medco Health Solutions Inc. MHS21-Sep-07 Lisa Gill Medco Health Solutions, Inc. :

Removing from Focus List as StockReaches Our Target Price; ReiterateOW on Strong Fundamentals


28-Aug-07 Lisa Gill Medco Health Solutions, Inc. : MHSto Acquire PLMD; Good StrategicDeal

OVERWEIGHT 0.8600 Q2-07 0.8200 Q3-07 3.5500 FY07 USD 80.00 21-Feb-07 Feb-08

27-Jul-07 Lisa Gill Medco Health Solutions, Inc. :Sizeable EPS Beat; GuidanceIncreased; Stock Should Trade Up


27-Jul-07 Lisa Gill Medco Health Solutions, Inc. : 2QFollow-up: Adj. Estimates Upwardand Reit. OW


19-Jul-07 Lisa Gill Medco Health Solutions, Inc. : Stateof NY Award an IncrementalPositive for MHS




EPS EPS EPS

of 225

Medical Properties Trust, Inc. MPW.N9-Aug-07 Michael

MuellerMedical Properties Trust : 2Q in-lineex. items; acquisitions on track,could see lease termination atMonroe


Medicis Pharmaceutical Corporation MRX8-Aug-07 Adam

GreeneMedicis Pharmaceutical Corp. :Restylane Franchise Holding ItsOwn



Medicis Pharmaceutical Corp. :Upbeat Meetings With Management


Medtronic, Inc. MDT7-Sep-07 Michael N.

WeinsteinMedtronic : Insights from the 10Q:Core Margins Expanding



Medtronic : Pieces Falling IntoPlace; Reiterate Overweight



Medtronic : E-IV Hits Endpoint; Timeto Buy the Stock


Melco PBL Entertainment (Macau) Limited MPEL17-Aug-07 Harry C.

CurtisMelco PBL Entertainment : Q2 FirstImpressions - Operating ResultsInline, But Consensus Still Too High.Buyback Should Drive Positive S/TPerformance - ALERT



Melco PBL Entertainment : MajorShareholders to Purchase $250mmof Stock: Should Provide Floor OverMedium Term - ALERT



Melco PBL Entertainment :Reducing Estimates, RemainNeutral Until Estimates MoreRealistic


Mellanox Technologies, Ltd. MLNX26-Jul-07 Shawn

WebsterMellanox Technologies, Ltd. :Infiniband Gaining Traction, RaisingEstimates On Higher Gross Margins


MEMC Electronic Materials, Inc. WFR



EPS EPS EPS

of 225

4-Sep-07 ChristopherBlansett

MEMC Electronic Materials Inc. :Polysilicon Plant Hiccup, LoweringC07 Estimates



MEMC Electronic Materials Inc. :C2Q07 Earnings- Strong Beat, C07Guidance Raised, Semi Cycle IsGaining Momentum; Adj. Ests


Mentor Graphics Corporation MENT24-Aug-07 P. Sterling

Auty IIMentor Graphics : Good Q2Leverage & Outlook, But RenewalsStill Slowing


Merck & Co., Inc. MRK23-Jul-07 Roberto

CucaMerck & Co., Inc. : Early Read on2Q07 Results


Meredith Corporation MDP7-Sep-07 Barton

CrockettMeredith Corporation : Thoughtsfrom Investor Day, Adj Ests



Meredith Corporation : Strong AdPage Growth in September



Meredith Corporation : Solid F4Q07Report, Adj Ests



Meredith Corporation : F4Q07Preview: Expect Few Surprises


MetLife, Inc. MET1-Aug-07 Jimmy

BhullarMetLife : EPS Upside, StrongOverall Trends; Overweight


MetroPCS Communications, Inc. PCS31-Aug-07 Thomas J.

LeeMetroPCS : Good Business, SolidManagement; Initiate with a Neutral


Mettler-Toledo International Inc. MTD27-Jul-07 Tycho

PetersonMettler-Toledo : 2Q Results Deliver,Estimates Going Higher (Again)


MF Global Ltd. MF28-Aug-07 KENNETH MF Global : Initiating Coverage at OVERWEIGHT NA Q1-08 NA Q2-08 1.2800 FY07 USD * NA NA



EPS EPS EPS

of 225

WORTHINGTONOverweight: Volume Growth andMargin Expansion Drive EPSGrowth

MFA Mortgage Investments MFA16-Aug-07 Andrew

WesselMFA Mortgage Investments :Upgrading to Overweight onValuation - Liquidity and CreditConcerns Seem Misplaced



MFA Mortgage Investments :Adjusting Earnings Estimates toReflect Re-calibrated SpreadAssumptions


MGi Pharma, Inc. MOGN29-Aug-07 Geoffrey

MeachamMGI PHARMA, Inc. : AKR-501Inlicensing a Strategic Positive



MGI PHARMA, Inc. : Vidaza DataAlready in Our Estimates - ALERT



MGI PHARMA, Inc. : DacogenSales, Expenses Drive EPS Upside



MGI PHARMA, Inc. : Upside 2QEPS on Strong Dacogen Sales andLower OpEx - ALERT


MGIC Investment Corp. MTG10-Aug-07 George A.

SaccoMGIC Investment Corporation :Recent Strength Unwarranted;Downgrading to Underweight Due toMerger Clouds



MGIC Investment Corporation :Expect Large Write-down ofC-BASS Investment; CuttingEstimates for Higher CreditExpenses



MGIC Investment Corporation : BigMiss Owing to Credit Expenses;Paid Claims Up, but Insurance BookGrowing Fast - ALERT



MGIC Investment Corporation :Cutting Estimates for Higher CreditCosts and Lower JV Income




EPS EPS EPS

of 225

MGM MIRAGE MGM26-Sep-07 Harry C.

CurtisMGM Mirage : Dubai World:Possible Strategies



MGM Mirage : Tender Extended;Offer Probably Goes Higher



MGM Mirage : Significant ValueCreation



MGM Mirage : "Do Buy" - LikelyFloor in Mid-$80s + Long TermValue



MGM Mirage : Strong Vegas ResultAided by Condo Sales - SignificantLT Value Through RestructuringPotential



MGM Mirage : Vegas Strong,Quarter Enhanced by TurnberrySales - ALERT



MGM Mirage : Seeking To EnhanceValue - Near Term TransactionUnlikely, But Substantial LT Value


Microchip Technology Inc. MCHP27-Jul-07 Christopher

DanelyMicrochip Technology : EstimateCuts Out of the Way, Time to BackUp the Mini-Van with Microchips.Reiterate Overweight - CorrectedNote supersedes any previousversions


Micron Technology, Inc. MU13-Jul-07 Shawn

WebsterMicron Technology : MU'ving In TheRight Direction, But Still ConcernedOn Capacity and Inventories


Microsoft Corporation MSFT27-Jul-07 Adam Holt Microsoft : Product Strategy and

Model Evolution Highlight AnalystDay


19-Jul-07 Adam Holt Microsoft : Strong Key Indicators,Slightly Raised Guidance Pace Q4


17-Jul-07 Adam Holt Microsoft : Expect Strong Q4 to Setthe Stage for FY08.


12-Jul-07 Adam Holt Microsoft : Software Titles, Xbox OVERWEIGHT 0.3900 Q4-07 0.3700 Q1-08 1.4900 FY07 USD * NA NA



EPS EPS EPS

of 225

Live are the Key Ingredients

Midas, Inc. MDS24-Aug-07 Nancy Hoch SMid Cap Retailing : Terminating


2-Aug-07 Nancy Hoch Midas, Inc. : Margins Got the MidasTouch in 2Q, But RevenuesDisappoint


Millennium Pharmaceuticals, Inc. MLNM26-Jul-07 Geoffrey

MeachamMillennium Pharmaceuticals : 2QGenerally Meets Expectations


Millipore Corporation MIL1-Aug-07 Tycho

PetersonMillipore Corp : 11% OrganicGrowth Overshadowed byTempered 2H Outlook


Minerals Technologies Inc MTX30-Jul-07 Jeffrey J.

ZekauskasMinerals Technologies : Costs AreCut



Minerals Technologies : 2Q EPSPositive - ALERT


Mission West Properties, Inc. MSW19-Jul-07 Anthony

PaoloneMission West Properties : 2Q CallOffered More Details On PotentialDeal



Mission West Properties : Reports2Q, But No Mention Of A Deal



Mission West Properties : Potentialgo-private price is light to us


MKS Instruments, Inc. MKSI26-Jul-07 Jay Deahna MKS Instruments, Inc. : C2Q07

Results, A Benign Cyclical "Blood InThe Streets" Trough JustReported/Guided, Adj. Ests


Mohawk Industries, Inc. MHK20-Jul-07 Michael Mohawk Industries : Ex Lower Tax NEUTRAL 1.6800 Q2-07 1.7000 Q3-07 6.2500 FY07 USD * NA NA



EPS EPS EPS

of 225

Rehaut Rate and Other Income, 2Q Rptd AtLow End of Guidance; 3Q IssuedSlightly Below St.


Mohawk Industries : Post-CallNotes: Unilin Strength Due toEurope, While Mohawk ShouldRemain Weak


Molex Incorporated MOLX3-Aug-07 Thomas

DingesMolex, Inc : More work left to bedone


2-Aug-07 ThomasDinges

Molex, Inc : The chill of winter (inAugust); Adjusting Estimates


Molina Healthcare, Inc. MOH13-Sep-07 William

GeorgesMolina Healthcare : Investor DayTakeaway - 2H07 Could Be Strong;Raising Estimates


3-Aug-07 WilliamGeorges

Molina Healthcare : 2Q EPS of$0.45 Ahead of Estimates; RaisingOur 2007-08 EPS Estimates


Molson Coors Brewing Company TAP29-Aug-07 Dara W.

MohsenianMolson Coors Brewing Company :Upgrading to Overweight



Molson Coors Brewing Company :In-Line Q2 Excluding a Tax Benefitand Inventory Build


Monro Muffler Brake, Inc. MNRO.OQ24-Aug-07 Nancy Hoch SMid Cap Retailing : Terminating


26-Jul-07 Nancy Hoch Monro Muffler Brake, Inc. : 1QSoftness from ProCare; CoreBusiness Seems Healthy


20-Jul-07 Nancy Hoch Monro Muffler Brake, Inc. : GrowthFar From Exhaust-ed, But LiquidityIs Limited; Initiating at Neutral


Monsanto Company MON27-Aug-07 Jeffrey J.

ZekauskasMonsanto : Rising Momentum inCorn; Updating Estimates




EPS EPS EPS

of 225

Monster Worldwide, Inc. MNST4-Sep-07 Imran Khan Monster Worldwide Inc : Announces

Additional $250M Share Buyback -ALERT


31-Jul-07 Imran Khan Monster Worldwide Inc : Int'lContinues to Drive Growth -Reiterate Overweight; Adj.Estimates


30-Jul-07 Imran Khan Monster Worldwide Inc : 2Q'07 -Pre-Call Takeaways - ALERT


9-Jul-07 Imran Khan Monster Worldwide Inc : 2Q07Update: Remain Comfortable withour Estimates


Montpelier Re Holdings Ltd. MRH26-Jul-07 Matthew

HeimermannMontpelier Re Holdings, Ltd. :Diversifying Platform Comes at aPrice; Lowering EPS



Montpelier Re Holdings, Ltd. : 2QEPS Lower On Flood Losses


Moody's Corporation MCO1-Aug-07 Fred W.

SearbyMoody's Corp. : Strong 2Q07Results



Moody's Corp. : Downgrading toNeutral Due to Higher Risk Profile


Morgan Stanley MS20-Sep-07 KENNETH

WORTHINGTONMorgan Stanley : LoweringEstimates on a More MeasuredOutlook for Credit


Motorola, Inc. MOT10-Sep-07 Ehud A.

Gelblum PhD

Motorola : Straight OuttaSchaumburg IV: Raising '08 EPS onAggressive Cost Cutting



Motorola : From the Footnotes: MOT10Q Review



Motorola : Q2 Quick Take: MobileDevices Revs Even Weaker thanImplied by Pre-announcement -ALERT




EPS EPS EPS

of 225


Motorola : Preannounces Dismal Q2Results: Plummeting Market SharePushes Out LT Recovery Thesis


Move Inc. MOVE3-Aug-07 Imran Khan Move : Tough Market Conditions

Depress 2Q Rev; Adj. est.NEUTRAL -0.0200 Q2-07 0.0200 Q3-07 0.0500 FY07 USD * NA NA

Movie Gallery, Inc. MOVI2-Jul-07 Barton

CrockettMovie Gallery, Inc. : MOVIAnnounces Default, PotentiallyPositive for BBI - ALERT


Murphy Oil Corporation MUR27-Jul-07 KATHERINE

LUCASMurphy Oil : 2Q07 earnings exceedexpectations on strong downstream;adj ests



Murphy Oil : 2Q07 EPS surprise onstrong R&M - ALERT


MWI Veterinary Supply, Inc. MWIV2-Aug-07 Lisa Gill MWI Veterinary Supply, Inc. :

Follow-up on 3Q: Streak is Brokenbut Maintain OW


1-Aug-07 Lisa Gill MWI Veterinary Supply, Inc. : In Line3Q Won't Support Premium Multiple;Expect Significant Weakness -ALERT


Mylan Inc. MYL14-Aug-07 Adam

GreeneMylan Laboratories : DuragesicCompetition Ready To Go



Mylan Laboratories : AdjustingEstimates Following ConferenceCall


Myriad Genetics, Inc. MYGN21-Aug-07 Geoffrey

MeachamMyriad Genetics Inc. : Upside 4Q onPM Revenues; Raising Ests


Nabors Industries Ltd. NBR



EPS EPS EPS

of 225

26-Jul-07 Kevin Pollard Nabors Industries, Ltd. : 2008 Can'tGet Here Soon Enough; ReducingEst.


Nalco Holding Company NLC30-Aug-07 Jeffrey J.

ZekauskasNalco : On Track OVERWEIGHT 0.2900 Q2-07 0.3100 Q3-07 1.1000 FY07 USD * NA NA


Nalco : Q2:07 EPS Positive -ALERT


Nash-Finch Company NAFC7-Sep-07 Stephen

ChickNash-Finch Company :Housekeeping; Adjusting Estimates


National CineMedia, Inc. NCMI14-Sep-07 Barton

CrockettNational CineMedia, Inc. : LeaseDilution Argument AppearsOverdone, Reiterate OW - ALERT



National CineMedia, Inc. : 2Q07React: Revenues Light, EarningsIn-line With Consensus - ALERT



National CineMedia, Inc. : SecondHalf & Secular Story Solid; Upgradeto OW



National CineMedia, Inc. : AdjustingEstimates Before 2Q07 Earnings


National City Corporation NCC17-Sep-07 Vivek Juneja National City : 33% Rise in 90 Day

Past Dues in Prime/Alt-A Mtgs -ALERT


7-Sep-07 Vivek Juneja National City : Market and CreditLosses in Mtg, MOE, CapitalReversal, Cost Cuts


3-Jul-07 Vivek Juneja National City : Lowering '07 and '08EPS Estimates


National Financial Partners Corp. NFP2-Aug-07 Jimmy

BhullarNational Financial Partners :Improved 2Q Results; MaintainingNeutral




EPS EPS EPS

of 225

National Instruments Corp NATI8-Aug-07 Mark

MoskowitzNational Instruments : ProductPipeline and Customer TractionGaining Momentum; MaintainOverweight

OVERWEIGHT 0.3100 Q2-07 NA Q3-07 NA FY07 USD 39.00 18-Jun-07 Jun-08


National Instruments : AnalystMeeting Preview: Rising Stature,Emerging Solutions to BoostRevenue, Provide Buffer

OVERWEIGHT 0.3100 Q2-07 NA Q3-07 NA FY07 USD 39.00 18-Jun-07 Jun-08

27-Jul-07 MarkMoskowitz

National Instruments : ReiterateOverweight as Sales MomentumGrowing; Leverage Story Attractive;Adj. Ests.



National Instruments : 2Q Preview:Strong Results Expected, IndustrialSolutions Should Drive Growth into2H '07 and 2008


National Med. Health Card Systems, Inc. NMHC11-Sep-07 Michael R.

MinchakNational Medical Health CardSystems, Inc. : EPS BelowExpectations; Still Waiting onOutlook; Maintain N


National Semiconductor Corporation NSM7-Sep-07 Christopher

DanelyNational Semiconductor : F1Q08Beats Estimates, Margins on theRise; Reiterate Overweight


National-Oilwell Varco, Inc. NOV26-Jul-07 Michael K.

LaMotteNational Oilwell Varco Inc. : RaisingEstimates on Improving Visibility



National Oilwell Varco Inc. : NOVDoes It Again with Earnings andBacklog - ALERT


Nationwide Financial Services, Inc. NFS2-Aug-07 Jimmy

BhullarNationwide Financial Services :Earnings Beat Estimates;Underlying Trends Mixed


Nationwide Health Properties Inc. NHP



EPS EPS EPS

of 225


Nationwide Health Properties : 2Qand guidance on target; Capitalrecycling continues



Nationwide Health Properties :Model Adjustment


Navios Maritime Holdings Inc. NM17-Aug-07 Jonathan

ChappellNavios Maritime Holdings Inc. :Raising Est. after 2Q Beat; Capesmay Drive Upside


NBTY, Inc. NTY9-Aug-07 Stephen

ChickNBTY, Inc. : Upgrade to Neutralfrom Underweight; Risk/Reward


Nelnet, Inc. NNI1-Aug-07 Marco E.

VillegasNelnet, Inc : Fee Income Came inLower Than Expected; However,Asset Growth Remains Strong


Ness Technologies, Inc. NSTC11-Sep-07 Christine

PezinoNess Technologies, Inc. : AnalystMeeting Highlights Growth andMargin Expansion Opps.



Ness Technologies, Inc. : Lowersthe Bar Heading into SeasonallyStrong 2H, Buy on Weakness;Reiterate OW



Ness Technologies, Inc. : ReducesGuidance as Expected; Sets a MoreAchievable Bar; Reiterate OW -ALERT


Net 1 UEPS20-Sep-07 Shamier

KhanNet 1: Suspended animation OVERWEIGHT NA Q3-07 NA Q4-07 1.31E FY08 USD 34.00 20-Sep-07 Sep-08

30-Aug-07 ShamierKhan

Net 1: F4Q07: 1st look - Hardwaresales shine

OVERWEIGHT NA Q3-07 NA Q4-07 1.40E FY08 USD 36.20 8-Feb-07 May-08

27-Aug-07 ShamierKhan

Net 1: F4Q07E: Results preview -ALERT

OVERWEIGHT NA Q3-07 NA Q4-07 1.40E FY08 USD 36.20 8-Feb-07 May-08

Netease NTES



EPS EPS EPS

of 225

14-Aug-07 Dick Wei Netease: 2Q07 Review NEUTRAL NA Q4-07 NA Q4-07 1.24E FY07 USD 16.00 7-Nov-06 Dec-0712-Aug-07 Dick Wei Netease: 2Q07 Preview NEUTRAL NA Q3-07 NA Q4-07 1.22E FY07 USD 16.00 7-Nov-06 Dec-07

Netflix, Inc. NFLX23-Jul-07 Barton

CrockettNetflix Inc : Announces FurtherPrice Cuts - Negative - ALERT



Netflix Inc : 2Q07 Preview: ExpectIn-Line Quarter, Website TrafficTrends Mixed


Network Appliance, Inc. NTAP16-Aug-07 Bill C. Shope

CFANetwork Appliance : The Path toRecovery Is Clearer, ThoughExecution Is Key



Network Appliance : It Sure Hurts,But Rising Tide in Storage CanMend the Wound; LoweringEstimates


Neustar, Inc NSR26-Sep-07 P. Sterling

Auty IINeustar : Brazil Win Begins Int'lOpportunity With Small Win -ALERT



Neustar : NPAC Still OutPerforming; Guidance Reiterated



Neustar : Renews Small, ButImportant National Pooling Contract- ALERT



Neustar : iPhone and DobsonAcquisition Two Good Size Positives- ALERT


New Jersey Resources Corporations NJR2-Aug-07 Glenn B.

MullinNew Jersey Resources Corp. :NJRES Drives 2007 GuidanceIncrease

UNDERWEIGHT-0.1800 Q3-07 NA Q4-07 3.0000 FY07 USD * NA NA


New Jersey Resources Corp. :Better than Expected F3Q07:Guidance Increase - ALERT


Newell Rubbermaid Inc. NWL17-Sep-07 Dara W. Newell Rubbermaid Inc. : Raising OVERWEIGHT 0.5500 Q2-07 0.4500 Q3-07 1.7700 FY07 USD * NA NA



EPS EPS EPS

of 225

Mohsenian EPS After Positive Q3Pre-Announcement-ReiterateOverweight


Newell Rubbermaid Inc. : ReiterateOW-Valuation Attractive Given SolidUnderlying Fundamentals


Newfield Exploration Co. NFX17-Sep-07 Joseph D.

AllmanNewfield Exploration Company :North Sea Sale Comes In AboveOur Expectations - ALERT


Newmont Mining Corporation NEM27-Sep-07 John Bridges Newmont Mining : Newmont lowers

expectations - ALERTNEUTRAL 0.1800 Q2-07 0.2300 Q3-07 -0.3300 FY07 USD * NA NA

17-Sep-07 John Bridges Newmont Mining : On the up and up- ALERT


3-Aug-07 John Bridges Newmont Mining : Wrap Q2'07:Based out, headed higher


2-Aug-07 John Bridges Newmont Mining : Quick Q2'07:New management brings new ideas- ALERT


20-Jul-07 John Bridges Newmont Mining : Adjustingearnings for hedge book elimination


6-Jul-07 John Bridges Newmont Mining : New CEOO'Brien begins to clean house.Positive - ALERT


Nicor Inc. GAS10-Aug-07 Glenn B.

MullinNicor Inc. : Potential NegativeDevelopment for ICC PBR Case -ALERT



Nicor Inc. : Reiterates '07 GuidanceDespite Being Behind Plan



Nicor Inc. : 2Q Better than Expectedbut Low Quality - ALERT


NII Holdings, Inc. NIHD26-Jul-07 Jean-Charles

A.Lemardeley

NII Holdings Inc. : 2Q07: Strongresults and raised guidance -ALERT




EPS EPS EPS

of 225

NIKE, Inc. NKE21-Sep-07 Robert

SamuelsNIKE, Inc. : Comparatively SafeName to Own in ToughEnvironment; Adj. Ests.


Ninetowns Internet Technology NINE27-Jul-07 Dick Wei Ninetowns Internet Technology

Group Co. Ltd. : 1Q07 review:Second consecutive quarterly loss;turnaround in fortunes still notimminent

UNDERWEIGHT-0.0200 Q2-07 -0.0100 Q3-07 -0.0200 FY07 USD 3.20 27-Jul-07 Dec-07

NiSource Inc. NI3-Aug-07 Glenn B.

MullinNiSource, Inc. : In-Line Quarter,MLP Option Under Review



NiSource, Inc. : In Line 2Q07:Reaffirms Guidance - ALERT



NiSource, Inc. : Upgrading toNeutral: Moving to the Sidelines


Noble Corporation NE4-Sep-07 David C.

SmithNoble Corporation : AdjustingEstimates



Noble Corporation : ContinuedExecution, Nice Floater Rates; Adj.Est.



Noble Corporation : NE PostsStrong Beat, Impressive FloaterRates - ALERT


Nordic American Tanker Shipping Limited NAT9-Aug-07 Jonathan

ChappellNordic American Tanker ShippingLtd. : 2Q Results Beat Consensus,but Lowering '07 Est.


Nordstrom, Inc. JWN16-Aug-07 Charles

GromNordstrom, Inc. : 2Q Look: UpsideExpected, Will Nordy Deliver?


Norfolk Southern Corp. NSC30-Jul-07 Thomas R. Norfolk Southern : Upgrading to OWOVERWEIGHT 0.9800 Q2-07 1.0900 Q3-07 3.7500 FY07 USD * NA NA



EPS EPS EPS

of 225

Wadewitz on Favorable Reward to Risk; HighQuality at a Low Price


Norfolk Southern : Cost ControlDrives Solid 2Q


Nortel Networks Corporation NT3-Aug-07 Ehud A.

Gelblum PhD

Nortel Networks : Q207 Wrap: WeakQtr as First Potential CrackEmerges in Restructuring Plans;Lowering ests


Northeast Utilities System NU6-Sep-07 Seth Tennant Northeast Utilities : Swapping

Regulated Growth Stocks onRelative Valuation: Downgrade NUto N, Upgrade WEC to OW


Northern Trust Corporation NTRS19-Jul-07 Vivek Juneja Northern Trust : Contd Strong

Wealth Mgmt, Sec Lending OffsetNIM, Expense Pressures


Northrop Grumman Corporation NOC25-Jul-07 Joseph B.

NadolNorthrop Grumman : Q2 EPS Beat,But Troubled Programs Remain aConcern; Adjusting Estimates



Northrop Grumman : First Look atQ2 Earnings - ALERT


Northwest Natural Gas NWN27-Sep-07 Glenn B.

MullinNorthwest Natural Gas Co. : NewUnderground Storage Project w/PG&E - ALERT


20-Sep-07 Glenn B.Mullin

Northwest Natural Gas Co. : WNA &Decoupling Extended to 2012 -Positive - ALERT



Northwest Natural Gas Co. :Progress on Palomar but Still Early


NOVA Chemicals Corporation NCX26-Jul-07 David Silver NOVA Chemicals : Widening Alberta

Advantage: We Raise EstimatesNEUTRAL 1.0700 Q2-07 0.8000 Q3-07 3.1000 FY07 USD * NA NA



EPS EPS EPS

of 225

25-Jul-07 David Silver NOVA Chemicals : NOVA ReportsAbove-Forecast 2Q:07 EPS,Earnings Quality Mixed - ALERT


Novatel Wireless, Inc. NVTL6-Aug-07 Paul Coster Novatel Wireless : 2Q07 Preview UNDERWEIGHT0.2900 Q2-07 0.2000 Q3-07 1.0500 FY07 USD * NA NA6-Aug-07 Paul Coster Novatel Wireless : 2Q: Good

Results, Slowing Momentum, AdjEsts.


31-Jul-07 Paul Coster Novatel Wireless : Close to thePeak; Downgrading to Underweight


Novell, Inc. NOVL30-Aug-07 Aaron M.

SchwartzNovell Inc : FQ3 ProvidesIncremental Evidence of a Move inthe Right Direction



Novell Inc : FQ3 Preview - Nearing aTurning Point



Novell Inc : Revisiting "RockBottom" Maintenance ValuationLevels; We Continue to Like theRisk-Reward



Novell Inc : GPL v3 Arrives With NoMajor Changes


Novellus Systems, Inc. NVLS31-Aug-07 Jay Deahna Novellus Systems : Economic

Concerns Largely Discounted In OurView, Not A Time To Sell


NPS Pharmaceuticals, Inc. NPSP26-Sep-07 Richard

SmithNPS Pharmaceuticals : Ex-N.Amer.Partnership with Nycomed forGattex; Adj. Est.



NPS Pharmaceuticals : 2Q07Results: Tidying Up the BalanceSheet; Adj. Est.


NRG Energy, Inc. NRG6-Aug-07 Andrew

SmithNRG Energy : ManagementMeetings Confirm FavorableFundamentals




EPS EPS EPS

of 225

Nuvelo, Inc. NUVO2-Aug-07 Geoffrey

MeachamNuvelo, Inc. : Adj Ests on 2QResults; Pipeline Reprioritized


NVIDIA Corporation NVDA.OQ13-Sep-07 Shawn

WebsterNVIDIA Corporation : RaisingEstimates On Positive Asia Checks


12-Sep-07 ShawnWebster

NVIDIA Corporation : AdjustingEstimates for Stock Split



NVIDIA Corporation : Update PostManagement Meeting And ChannelChecks, Still One Of Our Top Picks



NVIDIA Corporation : FabulousQuarter, Guidance Prudent GivenCapacity Constraints, RaisingEstimates



NVIDIA Corporation :PROPRIETARY PC TRACKER: AGaggle Of Graphics Options At PCOEMs



NVIDIA Corporation : RaisingEstimates, Expect Share Gains AndGross Margin Growth To Drive MoreUpside, Reiterate OW



NVIDIA Corporation : More ShareGains For Nvidia, ReiterateOverweight


NxStage Medical, Inc. NXTM6-Aug-07 Taylor Harris NxStage Medical, Inc. : Baxter

Charting its Course in Home HDNEUTRAL -0.4300 Q2-07 -0.4300 Q3-07 -1.6600 FY07 USD * NA NA

3-Aug-07 Taylor Harris NxStage Medical, Inc. : SteadyPatient Progress but with ProfitPotholes


NYMEX Holdings, Inc. NMX13-Sep-07 KENNETH

WORTHINGTONNymex : Cutting Estimates on LowerVolume and RPC



Nymex : NMX Beats at $0.60, ButCost Cutting Story Obscured byReinvestment



Nymex : Raising Estimates on RateIncrease




EPS EPS EPS

of 225

NYSE Euronext NYX24-Sep-07 KENNETH

WORTHINGTONNYSE Euronext : NYSE Cash Equityand Liffe Derivatives Volumes areBooming



NYSE Euronext : Solid Results,Merger Integration Process Begins



NYSE Euronext : Raising Estimateson Higher than Expected Proceedsfrom LCH.Clearnet Shares



NYSE Euronext : Raising EstimatesOn Euronext and One-time Events


Occidental Petroleum Corporation OXY24-Jul-07 KATHERINE

LUCASOccidental Petroleum : 2Q07Earnings: Solid Operations, MessyNumber - ALERT



Occidental Petroleum : Outlooklargely unchanged following 2Q07earnings; adj ests


Oceaneering International OII4-Sep-07 Kevin Pollard Oceaneering International, Inc. : A

Deepwater Growth Story; Initiate atOW


Odyssey HealthCare, Inc. ODSY31-Jul-07 Dawn Brock Odyssey Healthcare : No Traction

Until 2H08; Lowering EPS; Reit. UWUNDERWEIGHT0.1300 Q2-07 0.1300 Q3-07 0.5100 FY07 USD * NA NA

Office Depot, Inc. ODP26-Sep-07 Stephen

ChickOffice Depot : Upgrade toOverweight from Neutral;Risk/Return



Office Depot : Q207 Update; AdjEsts


OfficeMax Incorporated OMX14-Sep-07 Stephen

ChickOfficeMax Inc. : New COO;Overweight - ALERT


7-Sep-07 StephenChick

OfficeMax Inc. : Boise Transaction:Reminder of Potential Value forOMX - Overweight




EPS EPS EPS

of 225


OfficeMax Inc. : Update: Mgmt Mtg;Overweight



OfficeMax Inc. : Upgrade:Overweight From Neutral; Valuation


Oil States International, Inc. OIS2-Aug-07 Kevin Pollard Oil States International, Inc. :

Recent Acquisitions Drive UpwardEstimate Revisions


Old Dominion Freight Line ODFL27-Jul-07 Thomas R.

WadewitzOld Dominion : Solid 2Q; GrowthOutlook Remains Positive



Old Dominion : Upside 2Q and SolidOutlook; Positive for ODFL Stock -ALERT



Old Dominion : Growth andResiliency in a Tough Market;Assuming Coverage and Upgradingto Overweight


Omega Navigation Enterprises, Inc. ONAV30-Aug-07 Jonathan

ChappellOmega Navigation Enterprises, Inc.: Lowering Est. on Costs;Long-Term Growth Improves



Omega Navigation Enterprises, Inc.: 2Q07 EPS Misses Est. on Costs;Reit. OW - ALERT


Omnicare, Inc. OCR28-Sep-07 Lisa Gill Omnicare Inc. : Loss of UNH Share

in Part D Auto-enrollees a Positivefor OCR - ALERT


3-Aug-07 Lisa Gill Omnicare Inc. : Reiterate OWRating Following PositiveDevelopments in 2Q


Omnicom Group Inc. OMC24-Jul-07 Fred W.

SearbyOmnicom Group : Solid 2Q07Revenue; Higher Equity in AffiliatesContribute to EPS Upside




EPS EPS EPS

of 225

Omniture, Inc. OMTR26-Jul-07 Imran Khan Omniture, Inc. : 2Q Rev., Profitability

Exceed Expectations; Adj. Est.NA 0.0300 Q2-07 NA Q3-07 NA FY07 USD * NA NA

OmniVision Technologies, Inc. OVTI26-Sep-07 Paul Coster OmniVision Technologies : OVTI at

ASIS International - ALERTOVERWEIGHT 0.2100 Q1-08 0.3000 Q2-08 0.9700 FY07 USD * NA NA

20-Sep-07 Paul Coster OmniVision Technologies :Company Visit; Encouraging


18-Sep-07 Paul Coster OmniVision Technologies : No Newsis Good News: Reiterate Overweight


31-Aug-07 Paul Coster OmniVision Technologies : StrongF1Q and 2Q Guidance; Raising EstsSharply


30-Aug-07 Paul Coster OmniVision Technologies : F1Q08Preview - We still Like this One -Ahead of Earnings Tonight - ALERT


8-Aug-07 Paul Coster OmniVision Technologies : A PrettyPicture: Upgrading to Overweight:Up Ests


ON Semiconductor Corp. ONNN31-Jul-07 Christopher

DanelyON Semiconductor Corporation :Business Continues to Improve,Raising Estimates


ONEOK, Inc. OKE6-Aug-07 Glenn B.

MullinONEOK Inc. : '07 Energy ServiceGuidance Looks Achievable



ONEOK Inc. : Weak 2Q07; LowerNet Income Guidance - ALERT


Onyx Pharmaceuticals, Inc. ONXX.OQ21-Sep-07 Richard

SmithOnyx Pharmaceuticals : Nexavargets Positive HCC opinion in EU -ALERT



Onyx Pharmaceuticals : No Surprise- Nexavar sNDA for HCC getsPriority Review - ALERT



Onyx Pharmaceuticals : 2Q07beats; Looking ahead to approvalsin HCC; Adj. Ests




EPS EPS EPS

of 225


Onyx Pharmaceuticals : 2Q07 BeatsEsts as Nexavar Ramps - ALERT


Opnext, Inc. OPXT3-Aug-07 Ehud A.

Gelblum PhD

Opnext : FQ108 Wrap: Top-LineMiss Buffeted Below the Line,Creating $0.01 Beat; GuidanceSlightly Better



Opnext : FQ108 Quick Take:Revenue Miss Offset by LowerOpex, Guidance Slightly Better -ALERT


Oracle Corporation ORCL21-Sep-07 Adam Holt Oracle Corp. : A Great Q1 Sets

Positive Tone for FY08 - RaisingEstimates


20-Sep-07 Adam Holt Oracle Corp. : Quick Take--AnotherStrong Q1 - ALERT


18-Sep-07 Adam Holt Oracle Corp. : Q1 Should SetPositive Tone for FY08


12-Jul-07 Adam Holt Oracle Corp. : 11g to Drive Next Legof Growth


Orbitz Worldwide, Inc. OWW29-Aug-07 Imran Khan Orbitz Worldwide, Inc. : Strong

Growth Priced In; Initiating withNeutral


O'Reilly Automotive, Inc. ORLY25-Jul-07 Nancy Hoch O'Reilly Automotive : Margin

Rebound In 2Q...But SalesDisappoint


Orexigen Therapeutics, Inc. OREX10-Aug-07 Geoffrey

MeachamOrexigen Therapeutics : GoodProgress in 2Q, Reiterate OW



Orexigen Therapeutics : Phase IIbdata on Empatic Positive


OSI Pharmaceuticals, Inc. OSIP14-Aug-07 Geoffrey OSI Pharmaceuticals : Light at the OVERWEIGHT 0.4200 Q2-07 0.3000 Q3-07 1.3200 FY07 USD * NA NA



EPS EPS EPS

of 225

Meacham End of the Tunnel; Upgrading to OWfrom UW. Raising Estimates.


OSI Pharmaceuticals : 2Q07: Oper.Leverage Drives EPS Beat. Adj.Ests.



OSI Pharmaceuticals : Modest 2QUpside Expected from OUS TarcevaSales - ALERT



OSI Pharmaceuticals : 2Q USTarceva Sales Below Expectations


Overseas Shipholding Group Inc. OSG27-Jul-07 Jonathan

ChappellOverseas Shipholding Group :Lowering Est. on Rates, Charter-InCosts; Reit. OW


Owens & Minor, Inc. OMI25-Jul-07 Lisa Gill Owens & Minor, Inc. : 2Q Below our

Expectations; Maintain NeutralNEUTRAL 0.4500 Q2-07 0.5400 Q3-07 1.8500 FY07 USD * NA NA

Owens-Illinois, Inc. OI17-Aug-07 Claudia K.

ShankO-I : Market Turmoil Shouldn't"Shatter" This Story



O-I : Still Lots of Levers to Pull;Raising Ests



O-I : Yes It's True: Big Q2 Beat - PreCall Note


P.F. Chang's China Bistro PFCB26-Jul-07 John Ivankoe P.F. Chang's China Bistro : PFCB

Sales Weaker, but Lower UnitDevelopment in F08 Encouraging


5-Jul-07 John Ivankoe P.F. Chang's China Bistro : Solid PeiWei Offset By Bistro Weakness.Lowering Estimates


PACCAR Inc PCAR25-Sep-07 Stephen

VolkmannCFA

PACCAR Inc. : Downgrading toNeutral on Revised Truck RecoveryOutlook and Full Valuation


27-Jul-07 StephenVolkmann

PACCAR Inc. : Raising Estimateson Stronger Revenues




EPS EPS EPS

of 225

CFA27-Jul-07 Stephen

VolkmannCFA

PACCAR Inc. : Raising Estimateson Stronger Revenues



PACCAR Inc. : Beats 2QExpectations on Higher Revenue -ALERT


Pacer International, Inc. PACR8-Aug-07 Brannon

CookPacer International : IntermodalRevenue Trends Improve; IncreasedConfidence in 2H Estimates


Pacific Capital Bancorp PCBC2-Aug-07 John Pancari Pacific Capital Bancorp : 2Q Call

Follow-Up: Core TrendsEncouraging, But Visibility Limited


1-Aug-07 John Pancari Pacific Capital Bancorp : Noisy 2QMarked by 1Q Restatement andSale of Loan Portfolios, But CoreTrends Solid - ALERT


Packaging Corporation of America PKG19-Jul-07 Claudia K.

ShankPackaging Corp. of America :Estimates Up on 2Q Beat, ImprovedPricing Outlook



Packaging Corp. of America :Pre-Call Note: 2Q Tops Street;Outlook OK


Pactiv Corporation PTV24-Jul-07 Claudia K.

ShankPactiv Corp : Adj Ests for Q2 Beatand Prairie Acquisition


Palm, Inc. PALM20-Sep-07 Paul Coster Palm Inc. : PALM Tightens F1Q08

Guidance; Adj. EstsUNDERWEIGHT0.1200 Q4-08 0.0900 Q1-09 0.3900 FY07 USD * NA NA

13-Sep-07 Paul Coster Palm Inc. : Resuming Coverage;Adjusting Ests.


Pan American Silver Corp. PAAS14-Aug-07 John Bridges Pan American Silver : Quick Q2'07: OVERWEIGHT 0.3800 Q2-07 0.2500 Q3-07 1.0800 FY07 USD * NA NA



EPS EPS EPS

of 225

Inventory backs up: mild negative -ALERT

Panera Bread Company PNRA25-Jul-07 Steven Rees Panera Bread : 2Q Margins Weak;

2H07 Margin Outlook Lower DespiteImproving Comps; Reducing Ests


5-Jul-07 Steven Rees Panera Bread : Comp StabilizationEncouraging, But AWS Trends Stilla Concern


Parametric Technology PMTC6-Jul-07 P. Sterling

Auty IIParametric Technology Corp. : Q3Sees Big License Shortfall;Lowering Est.


Parker-Hannifin Corporation PH8-Aug-07 Stephen

VolkmannCFA

Parker Hannifin : Waiting for theNext Chapter; Assuming Coveragewith Neutral


PartnerRe Ltd. PRE21-Aug-07 Matthew

HeimermannPartnerRe Ltd. : ReserveDisclosures Argue For BetterValuation


Patterson-UTI Energy, Inc. PTEN2-Aug-07 Kevin Pollard Patterson-UTI Energy, Inc. : PTEN

Posts Good Quarter in a WeakeningMarket


Paychex, Inc. PAYX27-Sep-07 Tien-Tsin

HuangPaychex Inc : F1Q08 First Look:Payroll Growth and Lower GuidanceLikely to Weigh on the Stock -ALERT



Paychex Inc : Dividend Hike,Buyback Authorization - IncrementalPositives


PDL BioPharma Inc. PDLI



EPS EPS EPS

of 225


PDL BioPharma : Downgrading onLess Attractive Risk-Reward



PDL BioPharma : Strong 2Q andUpside Nuvion Enrollment, Adj Ests


Peabody Energy Corporation BTU25-Jul-07 John Bridges Peabody Energy : Wrap Q2'07:

Teflon coated no more; adjustingearnings


24-Jul-07 John Bridges Peabody Energy : Quick Q2'07:2007 a building year? - ALERT


Pennsylvania R.E.I.T. PEI23-Aug-07 Michael

MuellerPennsylvania REIT : ModelAdjustment



Pennsylvania REIT : Q2 SlightlyAhead; Guidance Unchanged



Pennsylvania REIT : ModelAdjustment


Penske Automotive Group, Inc. PAG1-Aug-07 Edward

YrumaPenske Automotive Group, Inc. :2Q: Transition Phase, Margins >Investment


Penson Worldwide, Inc. PNSN3-Aug-07 KENNETH

WORTHINGTONPenson Worldwide : 2Q07 EarningsIn-Line With Revised Guidance



Penson Worldwide : PNSN ConfCall Answers Questions, RaisesOthers -- Mgmt Credibility Impaired


Pentair, Inc. PNR25-Jul-07 Curtis

WoodworthPentair : Execution ImprovingAcross the Board; Reit OW



Pentair : 2Q EPS of $0.62 is a $0.04Beat; Solid Organic Growth andMargins in both Water & TechProducts - ALERT


PepsiAmericas, Inc. PAS10-Aug-07 Dara W. PepsiAmericas : Upgrading NEUTRAL 0.6100 Q2-07 0.5000 Q3-07 1.6000 FY07 USD * NA NA



EPS EPS EPS

of 225

Mohsenian PepsiAmericas to a Neutral30-Jul-07 Dara W.

MohsenianPepsiAmericas : Raising EPSSignificantly After Strong Q2 EPS



PepsiAmericas : Adjusting QuarterlyEPS: Raised Q2 Estimate OffsetsExpected H2 Dilution from Sandora


PepsiCo, Inc. PEP24-Jul-07 John

FaucherPepsiCo : Q2 EPS Ahead ofExpectations - ALERT

OVERWEIGHT 0.8900 Q2-07 0.9800 Q3-07 3.3500 FY07 USD 75.00 3-Jan-07 Jan-08


PepsiCo : Reading The Print: WhatTo Look For In PEP's Q2



PepsiCo : Tough Comps, But Q2Should be Fine for PEP


Performance Food Group PFGC7-Sep-07 Stephen

ChickPerformance Foods : ManagementMtg; Overweight



Performance Foods : Upgrade ToOverweight From Neutral;Risk/Return


Perot Systems Corporation PER1-Aug-07 Christine

PezinoPerot Systems : Another In-lineQuarter; Adjusting Estimates


Petrohawk Energy Corporation HK4-Sep-07 Brian L.

KuzmaPetrohawk Energy : NewFayetteville Shale AcreageImproves Long-Term ProductionGrowth Outlook



Petrohawk Energy : IncreasingPosition in its Focus Areas - ALERT



Petrohawk Energy : Upgrading OnStrategic Changes And ImprovingAsset Base


PetSmart, Inc. PETM16-Aug-07 Nancy Hoch PetSmart, Inc. : Solid 2Q; Expect

Short-Term Noise in 3Q, ButFundamentals As Strong As Ever




EPS EPS EPS

of 225

Pfizer Inc. PFE19-Jul-07 Roberto

CucaPfizer Inc. : Model Adjustments After2Q07 Earnings



Pfizer Inc. : Early Read on 2Q07Results


PG&E Corporation PCG7-Aug-07 Andrew

SmithPG&E Corp. : Expect Strong 2Q07Results to Drive RelativeOutperformance Today - ALERT


Philippine Long Distance Telephone Co. TEL.PS24-Sep-07 Luis A.

HiladoPhilippine Long Distance TelephoneCo. (PLDT) : SMS lottery game -Discretion is better?

OVERWEIGHT NA Q2-07 NA Q3-07 190.7400 FY07 PHP 3300.00 11-Apr-07 Jun-08

25-Jul-07 Luis A.Hilado

Philippine Long Distance TelephoneCo. (PLDT) : Acquires broadcastlicense and launches mobile TV =>scenario analysis

OVERWEIGHT NA Q2-07 NA Q3-07 192.2000 FY07 PHP 3300.00 11-Apr-07 Jun-08

Phillips-Van Heusen Corporation PVH.N23-Aug-07 Robert

SamuelsPhillips-Van Heusen : AnotherBetter than Expected Quarter;Reiterate OW - ALERT


23-Aug-07 RobertSamuels

Phillips-Van Heusen :Housekeeping; Raising Estimates


Photronics, Inc. PLAB16-Aug-07 Jay Deahna Photronics Inc : F3Q07 Earnings -

Slight Beat, Relatively Flat Outlook,Adj Ests.


Piedmont Natural Gas Company, Inc. PNY14-Sep-07 Glenn B.

MullinPiedmont Natural Gas Co. Inc. : InLine F3Q07 Results



Piedmont Natural Gas Co. Inc. : InLine F3Q07, Reaffirms F2007Guidance - Neutral - ALERT



Piedmont Natural Gas Co. Inc. :Expected to Report F3Q07 Earningson 9/7/07 - ALERT




EPS EPS EPS

of 225

Pike Electric Corporation PEC29-Aug-07 Curtis

WoodworthPike Electric : Reit. Neutral asOrganic Growth Trends RemainMuted & Labor Costs Continue toRestrict Margins


Pilgrim's Pride Corporation PPC20-Sep-07 Pablo E.

ZuanicPilgrim's Pride : Much Ado AboutBreast Prices; Keep OW



Pilgrim's Pride : Panic Selling HasPPC at April 06 Levels - Really



Pilgrim's Pride : Quick Take on3Q07 Results



Pilgrim's Pride : A Make or BreakQuarter (3Q Out Tomorrow)?


Pinnacle Entertainment, Inc PNK8-Aug-07 Harry C.

CurtisPinnacle Entertainment : Reducing07 Estimates Moderately ButSignificant Long Term Value



Pinnacle Entertainment : In-line 2Q;St. Louis County Delay LikelyDepresses NT Sentiment, but LTThesis Unchanged


Pioneer Natural Resources PXD10-Aug-07 Rodney

ClaytonPioneer Natural Resources :Changing Estimates FollowingConference Call


7-Aug-07 RodneyClayton

Pioneer Natural Resources : Q2First Take - Slightly Negative -ALERT


Plains Exploration & Production Company PXP14-Aug-07 Rodney

ClaytonPlains Exploration & Production :Updating Estimates FollowingConference Call and Acquisitions



Plains Exploration & Production :Earnings Above Consensus, andNear-Term Upside Driven byDeepwater Drilling - ALERT



Plains Exploration & Production :Reaping the Benefits of Exploration




EPS EPS EPS

of 225

JV with McMoRan - ALERT

Plantronics, Inc. PLT25-Jul-07 Paul Coster Plantronics Inc : 1Q08 Results:

Progress But UncertaintyNEUTRAL 0.3700 Q1-08 0.3400 Q2-08 1.3400 FY07 USD * NA NA

23-Jul-07 Paul Coster Plantronics Inc : 1Q08 Preview: StillSidelined


Platinum Underwriters Holdings, Ltd. PTP26-Jul-07 Matthew

HeimermannPlatinum Underwriter Holdings, Ltd.: Adjusting Up 2007-2008 EPS ForMix Changes



Platinum Underwriter Holdings, Ltd.: 2Q EPS Higher/Margins In-Line,Competition Hits Top-Line


Plexus Corp. PLXS26-Jul-07 Thomas

DingesPlexus : A bit more military, but notmuch new otherwise


Plum Creek Timber Co. Inc. PCL10-Sep-07 Claudia K.

ShankPlum Creek Timber : Lake StatesTour Showcases Value Potential



Plum Creek Timber : In-Line 2Q;Modestly Trimming FY08 Estimate


PNM Resources, Inc. PNM18-Sep-07 Rajeev

LalwaniPNM Resources Inc : RegulatoryEnvironment in NM Remains theFocus; Adjusting Estimates


5-Sep-07 RajeevLalwani

PNM Resources Inc : More Delaysin Rate Case, But Largely Reflectedin Valuation - ALERT


3-Aug-07 RajeevLalwani

PNM Resources Inc : '07 GuidanceLowered and 2Q Falls Short of Ests.- ALERT


2-Jul-07 RajeevLalwani

PNM Resources Inc : Gas RateOutcome Below Expectations;Weakens Outlook for Electric Case


Polo Ralph Lauren Corporation RL.N8-Aug-07 Lorraine RETAIL-SPECIALTY:Bull/Bear NA 0.8200 Q1-08 NA Q2-08 NA FY07 USD * NA NA



EPS EPS EPS

of 225

Maikis analysis

Polypore International, Inc. PPO14-Aug-07 Jeffrey J.

ZekauskasPolypore International : LithiumLimps Ahead



Polypore : We Trim Estimates OVERWEIGHT -0.0400 Q2-07 0.1000 Q3-07 0.5000 FY07 USD * NA NA


Polypore : PPO Reports 2Q:07Results: Negative - ALERT


Pool Corporation POOL24-Sep-07 Curtis

WoodworthSCP Pool Corporation : InvestorDay Highlights Solid Execution InChallenging Environment; AdjustingEsts. For Lower Guidance



SCP Pool Corporation : BoardApproves $100M Expansion inShare Repurchase Program -ALERT



SCP Pool Corporation : MaintainFY07 EPS Ests. On Inline Quarter;Reiterate Neutral on Valuation


Portland General Electric Company POR30-Jul-07 Nikki

EdgecombePortland General Electric Co. :Raising 2007 Guidance on Strong2Q07 Results - ALERT


Post Properties, Inc. PPS17-Aug-07 Anthony

PaolonePost Properties : Model Update UNDERWEIGHT0.0200 Q2-07 NA Q3-07 NA FY07 USD * NA NA


Post Properties : 2Q beats on gains;core decelerates but doesn't drop offcliff

UNDERWEIGHT0.0200 Q2-07 NA Q3-07 NA FY07 USD * NA NA

Potash Corp./Saskatchewan (USA) POT27-Jul-07 David Silver Potash Corp. : Growing Season; We

Raise EstimatesNEUTRAL 0.8800 Q2-07 0.5900 Q3-07 2.6700 FY07 USD * NA NA

26-Jul-07 David Silver Potash Corp. : 2Q POT ResultsExceed Estimates - ALERT


Power-One, Inc. PWER



EPS EPS EPS

of 225


Power-One Inc. : Still tough going;Adjusting Estimates


Powerwave Technologies, Inc. PWAV31-Jul-07 Kimberly

WatkinsPowerwave Technologies : Q207Wrap: Revenue Upside + ExpensesIn-Check = First Signs RestructuringTaking Hold; Adj Ests


Praxair, Inc. PX26-Jul-07 Jeffrey J.

ZekauskasPraxair : Roles to Reverse OVERWEIGHT 0.8900 Q2-07 0.9000 Q3-07 3.5500 FY07 USD * NA NA

Precision Castparts Corp. PCP25-Jul-07 Joseph B.

NadolPrecision Castparts : Continues toForge Ahead; Raising Estimates



Precision Castparts : First Look atQ1 Earnings - ALERT


Prestige Brands Holdings, Inc. PBH7-Aug-07 Dara W.

MohsenianPrestige Brands : Q1 EPS In Line,But Low Quality


Pride International, Inc. PDE3-Aug-07 Michael K.

LaMottePride International Inc. : Growth inPlace, Land Sale Approaches


Principal Financial Group, Inc. PFG31-Jul-07 Jimmy

BhullarPrincipal Financial Group : StrongEPS, Lackluster Sales and NetFlows


PrivateBancorp, Inc. PVTB28-Aug-07 Steven

AlexopoulosPrivateBancorp, Inc. : RemovingFrom Focus List on Sharp PriceAppreciation, Maintain OW onLaSalle Opportunity


2-Aug-07 StevenAlexopoulos

PrivateBancorp, Inc. : InvestorMeeting Highlights: Management IsFocused on Restarting the GrowthEngine, Reiterate OW




EPS EPS EPS

of 225


PrivateBancorp, Inc. : 2Q07 FirstLook; 2Q07 Results Generally InLine with Earlier Preannouncement -ALERT



PrivateBancorp, Inc. : 2Q07 PostCall; With a Tough 2Q Now Behindthe Company, It's Time to LookForward, Reiterate OW


Progress Energy, Inc. PGN8-Aug-07 Andrew

SmithProgress Energy : 2Q Results aboutin Line after Adjustments;Reaffirmed 2007 Guidance - ALERT


ProLogis PLD20-Aug-07 Michael

MuellerProLogis : Raising estimatesfollowing MPR loan conversion;Announces new funds



ProLogis : Q2 well ahead on CDFSmargins; Guidance/estimates maymove up again


Prosperity Bancshares, Inc. PRSP23-Jul-07 John Pancari Prosperity Bancshares : 2Q Call

Recap: Outlook Remains Favorable,But Valuation Fair; Reiterate Neutral


20-Jul-07 John Pancari Prosperity Bancshares : EssentiallyIn-Line 2Q; Trends Mixed - ALERT


Protective Life Corp. PL3-Aug-07 Jimmy

BhullarProtective Life : In-Line EPS, StrongSales; Our Outlook is Mixed


Provident Bankshares Corporation PBKS19-Jul-07 John Pancari Provident Bankshares : Relatively

Mixed 2Q Results - ALERTNEUTRAL 0.5300 Q2-07 0.6100 Q3-07 2.2700 FY07 USD * NA NA

Prudential Financial, Inc. PRU2-Aug-07 Jimmy

BhullarPrudential Financial : Sub-prime aConcern, but Business OutlookPositive




EPS EPS EPS

of 225

PS Business Parks, Inc. PSB10-Aug-07 Michael

MuellerPS Business Parks : ModelAdjustment



PS Business Parks : Q2 generallyin-line; core markets continue to dowell


PSS World Medical, Inc. PSSI26-Jul-07 Lisa Gill PSS World Medical, Inc. : 1Q

Results in line withPreannouncement; Pedigree CostsNot Material Going Forward


20-Jul-07 Lisa Gill PSS World Medical, Inc. : LoweringQ1 Numbers withPre-Announcement: Look for MoreColor with Quarterly Results


Psychiatric Solutions, Inc. PSYS.OQ26-Jul-07 Andreas

DirnaglPsychiatric Solutions Inc : 2Q07Results Beat, Should CalmInvestors - ALERT



Psychiatric Solutions Inc :Operations Solidly on Track; PSYSRemains a Top Pick


Public Storage PSA3-Aug-07 Michael

MuellerPublic Storage : Q2 operating FFO$0.02+ above us; Strategic benefitsmaterializing



Public Storage : Post-call modeladjustment


Puget Energy, Inc. PSD6-Aug-07 Nikki

EdgecombePuget Energy : PCA MechanismBoosts 2Q07 Results; 2007Guidance Reaffirmed - ALERT


Pulte Homes, Inc. PHM26-Jul-07 Michael

RehautPulte : 2Q Rptd In-Line Following7/17 Preannouncement; 3QGuidance Modestly Encouraging;Raising Ests.




EPS EPS EPS

of 225


Pulte : Post-Call Notes: Free CashFlow Generation Goals Reiterated;Maintain Relative OW Rating



Pulte : 2Q Charges Sizeable andDisappointing, Yet Similar to OthersAs a Percent of Equity; LoweringEsts.


Qimonda AG (ADR) QI25-Jul-07 Shawn

WebsterQimonda AG : Lowering Estimates,Capex Cuts Good, We WishEveryone Else Would Cut Too

OVERWEIGHT -0.6400 Q3-07 -0.3708 Q4-07 -0.0668 FY07 EUR * NA NA

QLogic Corporation QLGC16-Aug-07 Mark

MoskowitzQLogic Corporation : The RoadAhead: President and CFO MeetingHighlights Longer-termOpportunities



QLogic Corporation : Dearth ofCatalysts: Downgrading to Neutraland Removing from Focus List; Adj.Ests.


QUALCOMM, Inc. QCOM26-Sep-07 Ehud A.

Gelblum PhD

QUALCOMM : Adj EstsPost-Preannouncement - SolidBusiness Fundamentals Still OffsetBy Legal Woes; Reit N


25-Sep-07 Ehud A.Gelblum PhD

QUALCOMM : Incredibly ShrinkingTax Rate Contributes to PoorQuality of Earnings Upside - ALERT



QUALCOMM : Lupin Out - Not aWar Time Conciliare - ALERT



QUALCOMM : ITC 20-Year No VetoStreak Stays Alive - ALERT



QUALCOMM : VZ Conf CallReveals Rationale for BRCMSettlement but Uncertainties Linger -ALERT



QUALCOMM : Broadcom andVerizon Sitting in a Tree... - ALERT




EPS EPS EPS

of 225

Quality Systems, Inc. QSII7-Aug-07 Atif Abdul

RahimQuality Systems : Slipped DealsTrigger EPS Miss


Quanta Services, Inc. PWR3-Aug-07 Curtis

WoodworthQuanta Services : TransmissionSpending at Inflection Point



Quanta Services : 2Q Clean EPSInline; 3Q Guidance Fine But StockCould Be Weak on IFS Results -ALERT


Quest Software, Inc. QSFT17-Sep-07 Aaron M.

SchwartzQuest Software : Financial Update:Positive Step Forward, More toCome


7-Sep-07 Aaron M.Schwartz

Quest Software : Still on Target,Update Expected Soon.Risk-Reward Favors the Upside



Quest Software : RevenueDiversification Mitigates OracleConcerns; Reiterate Overweight


Questar Corporation STR5-Sep-07 Glenn B.

MullinQuestar Corp. : Pinedale SEISDelayed - Minimal Negative Impact -ALERT



Questar Corp. : Initial Trail 14D-10HWell Results Positive; Still Early -ALERT


Quicksilver Resources Inc KWK8-Aug-07 Joseph D.

AllmanQuicksilver Resources Inc :Production Drives Earnings AboveConsensus - ALERT


Quintana Maritime Limited QMAR9-Aug-07 Jonathan

ChappellQuintana Maritime Ltd. : RaisingEPS Estimates Modestly on HigherRates



Quintana Maritime Ltd. : LoweringEst. on Completion of Sale &




EPS EPS EPS

of 225

Leaseback3-Jul-07 Jonathan

ChappellQuintana Maritime Ltd. :Sale-and-Leaseback would likelyHurt '08 EPS, but Improve FinancialFlexibility and Fleet Profile


Qwest Communications International Inc. Q.N4-Sep-07 Jonathan

ChaplinQwest Communications : ThreeCatalysts To Drive Nearly 20%Upside; One Down, Two to Go -ALERT



Qwest Communications :Announcement of New CEOPositive - ALERT



Qwest Communications : ExpectCatalysts in the Second Half; Addingto JPM Focus List; $10.50 PT



Qwest Communications : 2Q07Quick Take - ALERT


R.H. Donnelley Corporation RHD26-Jul-07 Fred W.

SearbyR.H. Donnelley : AcquiresBusiness.com; Solid 2Q07


Radio One, Inc. ROIA25-Sep-07 John

BlackledgeRadio One Inc : Credit AgreementAmended on Favorable Terms



Radio One Inc : Restating Equity inLoss of Affiliates; AdjustingEstimates


RadioShack Corporation RSH30-Aug-07 Stephen

ChickRadioShack : Adj Ests;Housekeeping


RAIT Financial Trust RAS26-Sep-07 Andrew

WesselRAIT Financial Trust : AdjustingEstimates to Reflect HigherExpected Losses from Asset Salesand Impairments



RAIT Financial Trust : LoweringEstimates on Mortgage and




EPS EPS EPS

of 225

Homebuilder Credit Exposures;Removing from AFL


RAIT Financial Trust : LiquidityAmple, Credit Exposure to BeDetailed on Conference Call -ALERT



RAIT Financial Trust : Spotlight onManagement - Our Expectations forthe Earnings Release andConference Call



RAIT Financial Trust : Adjusting 2QEstimate FollowingPre-Announcement



RAIT Financial Trust : OurSustainable Dividend AnalysisIndicates Stock RemainsUndervalued - Reiterate OW


Ralcorp Holdings, Inc. RAH8-Aug-07 Pablo E.

ZuanicRalcorp Holdings Inc : Review of3Q07 Results



Ralcorp Holdings Inc : Likely ToBeat June Quarter ConsensusEstimates


Randgold Resources Limited RRS.L2-Aug-07 Allan J.

CookeRandgold Resources Ltd : 2Q07result lower than forecast, stronger2H07 outlook - ALERT

OVERWEIGHT 0.1800 Q2-07 NA Q3-07 1.2900 FY07 GBP 1430.00 17-Jul-07 Jul-08

Range Resources Corp. RRC27-Jul-07 Rodney

ClaytonRange Resources Corp : AdjustingEstimates Following ConferenceCall



Range Resources Corp : Q2 FirstTake - Neutral - ALERT


Rayonier Inc. RYN17-Sep-07 Claudia K.

ShankRayonier : Raising FY07 ForecastFollowing $47MM Land Sale



Rayonier : Core Businesses RemainIntact; Tweaking Estimates




EPS EPS EPS

of 225

Realty Income Corp O6-Sep-07 Anthony

PaoloneRealty Income : Adjusting estimatesafter large bond deal



Realty Income : Model Adjustment NEUTRAL 0.3100 Q2-07 NA Q3-07 NA FY07 USD * NA NA


Realty Income : 2Q FFO beatprimarily on higher Crest Netcontribution


Red Hat, Inc. RHT26-Sep-07 Adam Holt Red Hat Inc : Several Moving

Pieces in Second Quarter ResultsNEUTRAL 0.1700 Q2-08 0.1800 Q3-08 0.7100 FY07 USD * NA NA

25-Sep-07 Adam Holt Red Hat Inc : Q2 QuickTake--Cashflow Recovers, BillingsStill an Issue - ALERT


2-Aug-07 Adam Holt Red Hat Inc : Mgmt. Meetings Pointto Opportunities & Transitions


Red Robin Gourmet Burgers, Inc. RRGB17-Aug-07 Steven Rees Red Robin Gourmet Burgers :

Comp/New Unit Volume TrendsShow Improvement, But Higher F08Development Adds Risk


Regal Entertainment Group RGC20-Sep-07 Barton

CrockettRegal Entertainment Group : BlueChip, But Less Upside PotentialThan Peers, Initiate at Neutral


Regency Centers Corporation REG6-Aug-07 Michael

MuellerRegency Centers : ModelAdjustment



Regency Centers : Executing onplan; Deal flow accelerates


Republic Services, Inc. RSG27-Jul-07 Scott Levine Republic Services Inc : Margins

Expand Impressively, Drive Q2 Beat- ALERT


27-Jul-07 Scott Levine Republic Services Inc : RaisingEstimates for Greater PricingLeverage




EPS EPS EPS

of 225

Research In Motion Limited RIMM19-Sep-07 Paul Coster Research in Motion : 8820 To

Launch Domestically with AT&T -ALERT


2-Jul-07 Paul Coster Research in Motion : After Math:Nudging Up Estimates


ResMed Inc. (CHESS) RMD.AX8-Aug-07 Alexander

SmithResMed Inc : Soft 4Q07 but theworst is likely over

OVERWEIGHT NA Q4-08 NA Q1-09 22.4409 FY07 AUD 6.67 8-Aug-07 Jun-08

26-Jul-07 AlexanderSmith

ResMed Inc : Respironics 4Q07 is apositive signal for RMD

OVERWEIGHT NA Q4-07 NA Q1-08 NA FY07 AUD 6.64 26-Jul-07 Jun-08

Resource Capital Corp. RSO9-Aug-07 Andrew

WesselResource Capital : DiscountValuation and Sustainable DividendCreate an Attractive Value Story -Reiterate OW



Resource Capital : DividendAppears Sustainable Even if AssetOrigination Ceases - Reiterate OW


Resources Connection, Inc. RECN26-Jul-07 Michael J.

FoxResources Global : FY2007 10KReview



Resources Global : F4Q07 EPSSlightly Above Cons., Strong RevGrowth


Reynolds American, Inc. RAI25-Jul-07 Erik

BloomquistReynolds American : Weak Q2Results, Guidance Tightened, NoBuyback Yet - ALERT

NEUTRAL NA Q2-07 NA Q3-07 4.4800 FY07 USD 70.00 22-Jan-07 Jan-08


Reynolds American : Upgradingestimates on Conwood strength

NEUTRAL 1.1400 Q2-07 NA Q3-07 4.4800 FY07 USD 70.00 22-Jan-07 Jan-08

RF Micro Devices, Inc. RFMD28-Sep-07 Christopher

DanelyRF Micro Devices : MOT OrdersPicking Up, Raising Estimates;Reiterate Neutral



RF Micro Devices : RFMD AcquiresSirenza Microdevices




EPS EPS EPS

of 225


RF Micro Devices : Good RevenueGuidance But Margins Continue toDecline, Reiterate Neutral


Rite Aid Corporation RAD28-Sep-07 Lisa Gill Rite Aid : 2Q08 a Mixed Bag;

Maintain Neutral RatingNEUTRAL -0.1000 Q2-08 -0.0600 Q3-08 -0.1400 FY07 USD * NA NA

Robert Half International Inc. RHI7-Aug-07 Michael J.

FoxRobert Half International, Inc. :2Q07 10Q Review



Robert Half International, Inc. :Results Above Expectations, ButOutlook Remains Cautious


Rock-Tenn RKT25-Jul-07 Claudia K.

ShankRock-Tenn : RKT Beats the StreetAgain; Adjusting Estimates



Rock-Tenn : Pre-Call Note: RKTBeats Street Again in Fiscal 3Q


Rockwell Automation ROK26-Sep-07 C. Stephen

Tusa Jr.Rockwell Automation : GM/UAWDeal a Positive - ALERT



Rockwell Automation : GreatFranchise With Attractive Long TermPotential, But Downgrading ToNeutral Following RecentOutperformance



Rockwell Automation : ModestUpward Revision to CustomerSpending Plans an IncrementalPositive



Rockwell Automation : Follow-Upfrom the Conference Call - ALERT



Rockwell Automation : AFundamental Bottom for US AutoWould Be Positive


Rockwell Collins, Inc. COL26-Jul-07 Joseph B.

NadolRockwell Collins : First Take on Q3Earnings - ALERT




EPS EPS EPS

of 225

Rockwood Holdings, Inc. ROC31-Jul-07 Silke Kueck Rockwood Holdings, Inc. : Robust

Results; We Lift EstimatesOVERWEIGHT 0.5100 Q2-07 0.3900 Q3-07 1.7000 FY07 USD * NA NA

30-Jul-07 Silke Kueck Rockwood Holdings, Inc. : ROC 2QEPS Meet Street Estimates - ALERT


Rohm and Haas Company ROH26-Sep-07 Jeffrey J.

ZekauskasRohm and Haas : We ShaveEstimates



Rohm and Haas : Slow 2007: Faster2008



Rohm and Haas : 2Q EPS AboveConsensus - ALERT


Roper Industries, Inc. ROP30-Jul-07 Curtis

WoodworthRoper Industries : Strong OrderGrowth (up 14%) Suggests OrganicGrowth Rates Should RemainStrong; Reit OW



Roper Industries : 2Q Clean EPS of$0.67 is $0.02 above JPM/StreetView; RF, Industrial and EnergyOffset Imaging; 2 Bolt-onsCompleted; Reit. OW - ALERT


Rowan Companies, Inc. RDC3-Aug-07 Michael K.

LaMotteRowan Co. : Catalysts Less Clear;Adj. Estimates


Royal Caribbean Cruises Ltd. RCL.N26-Jul-07 Dean

GianoukosRoyal Caribbean Cruises : FirstGlance: In-Line Q2, Lowers FY07Guidance On Fuel



Royal Caribbean Cruises : SolidQuarter, Ex-Fuel Outlook Improving



Royal Caribbean Cruises :Upgrading To Overweight OnValuation



Royal Caribbean Cruises : CancelsTwo Cruises, Lowering Estimates


RPM International Inc. RPM



EPS EPS EPS

of 225


RPM International Inc. : Not aTaxing Quarter



RPM International Inc. : RPMF4Q:07 Results Exceed StreetEstimates - ALERT


RSC Holdings Inc. RRR11-Sep-07 Phil Gresh RSC Holdings Inc. : Nice House,

Tough Block; Initiating with a NeutralRating


Ruby Tuesday, Inc. QCOM.O18-Sep-07 Steven Rees Ruby Tuesday, Inc. : 1Q SSS &

EPS Below Expectations; LoweringEst's


12-Jul-07 Steven Rees Ruby Tuesday, Inc. : BrandEvolution Continues, But N-TOutlook Challenging; LoweringEstimates


Ruddick Corporation RDK23-Aug-07 Stephen

ChickRuddick Corporation :Housekeeping, Adjusting Ests.;Neutral


Ruth's Chris Steak House, Inc. RUTH1-Aug-07 Steven Rees Ruth's Chris Steak House : 2Q In

Line; L-T Risk/Reward RemainsFavorable


Ryder System, Inc. R30-Aug-07 Brannon

CookRyder : Pollock AcquisitionIncreases Canadian Market Share;Should Be Slightly Accretive


30-Jul-07 BrannonCook

Ryder : Full Service Lease GrowthAccelerates Despite Soft TruckingMarket


Ryerson Inc. RYI1-Aug-07 Michael

GambardellaRyerson Inc : Results improvingprior to pending sale to PlatinumEquity - Raising EPS




EPS EPS EPS

of 225

Safeway Inc. SWY20-Jul-07 Stephen

ChickSafeway : Q207 Review;Underweight, Valuation


SAIC, Inc. SAI7-Sep-07 Joseph B.

NadolSAIC : Solid Q2 with Nice Margins;Raising Estimates


22-Aug-07 Joseph B.Nadol

SAIC : Transition Could OfferOpportunity, But Valuation Not QuiteThere; Initiating at Neutral


Sanderson Farms, Inc. SAFM28-Aug-07 Pablo E.

ZuanicSanderson Farms, Inc. : Quick Takeon 3Q07 Results - ALERT



Sanderson Farms, Inc. : Solid JulyQuarter Expected; Taking EstimatesUp


SanDisk Corporation SNDK27-Sep-07 Paul Coster Sandisk Corp : Toshiba Chips In;

Reiterate Overweight RatingOVERWEIGHT 0.3000 Q2-07 0.3600 Q3-07 1.6000 FY07 USD * NA NA

24-Sep-07 Paul Coster Sandisk Corp : The Future of Solids:SSD vs. HDD


10-Sep-07 Paul Coster Sandisk Corp : Broad MP3 Line-Upfor the Holidays - Mild Positive -ALERT


6-Sep-07 Paul Coster Sandisk Corp : Lots In Store:Reiterate Overweight Rating


31-Aug-07 Paul Coster Sandisk Corp : Interesting Twist onSSD Pricing Versus HDD - ALERT


7-Aug-07 Paul Coster Sandisk Corp : Fortune FavorsToshiba's Partner Too: Adj Ests.


6-Aug-07 Paul Coster Sandisk Corp : More Evidence ofFirming Prices


26-Jul-07 Paul Coster Sandisk Corp : Apple Read-Through- Mild Positive for SNDK - ALERT


20-Jul-07 Paul Coster Sandisk Corp : Strong 2Q Results:Big Bit Growth; Adj Ests.


18-Jul-07 Paul Coster Sandisk Corp : News Flash:Upgrading to Overweight; RaisingEsts.


13-Jul-07 Paul Coster Sandisk Corp : Samsung 2QResults: First Take - Positive for




EPS EPS EPS

of 225

SNDK - ALERT11-Jul-07 Paul Coster Sandisk Corp : Stranded on This

Fence StillNEUTRAL 0.1400 Q2-07 0.3200 Q3-07 1.3200 FY07 USD * NA NA

Sanmina-SCI Corporation SANM26-Jul-07 Thomas

DingesSanmina-SCI Corporation : Back tothe Future; Adjusting Estimates


Sapient Corporation SAPE10-Aug-07 Christine

PezinoSapient : Showing Progress on BothRevenue and Margin Fronts, Adj.Ests., Reiterate OW


Sara Lee Corp. SLE26-Sep-07 Pablo E.

ZuanicSara Lee Corporation : SurprisinglyUneven Bread Sales Trends at theRegional Level

OVERWEIGHT 0.2100 Q4-08 0.2000 Q1-09 0.8000 FY07 USD 22.00 7-May-07 Jun-08


Sara Lee Corporation : Making ACase For Accelerated MarginExpansion



Sara Lee Corporation : What toLook for at the Investor Day (11th)



Sara Lee Corporation : 4Q Review;Changing Estimates



Sara Lee Corporation : Quick Takeon 4Q Results



Sara Lee Corporation : Keep OW,But Do Not See 8/15 As a Catalyst

OVERWEIGHT NA Q4-07 NA Q1-08 NA FY07 USD 22.00 7-May-07 Jun-08

Schawk, Inc. SGK26-Sep-07 Michael J.

FoxSchawk : 2Q07 10Q Review NEUTRAL 0.3600 Q2-07 0.3900 Q3-07 1.3900 FY07 USD * NA NA


Schawk : Above Consensus Results NEUTRAL 0.3600 Q2-07 0.3900 Q3-07 1.3700 FY07 USD * NA NA

Schering-Plough Corporation SGP28-Aug-07 Roberto

CucaSchering-Plough Corporation :Model Updates



Schering-Plough Corporation :Updating Model Post 2Q07 Earnings



Schering-Plough Corporation : EarlyRead on 2Q07 Results




EPS EPS EPS

of 225


Schering-Plough Corporation :Updating Model and Upgrading toNeutral on Fundamentals


Schlumberger Limited (ADR) SLB23-Jul-07 Michael K.

LaMotteSchlumberger Ltd. : The $100 BillClub



Schlumberger Ltd. : Can't TouchThis... SLB Beats in a ChallengingQuarter - ALERT


Scholastic Corporation SCHL20-Sep-07 Fred W.

SearbyScholastic Corporation : HP 7 DrivesEarnings Upside in F1Q08;Maintains F2008 Guidance



Scholastic Corporation : F2008Guidance Consistent With OurExpectations



Scholastic Corporation : F4Q07Preview, HP 7 Launch Approaching


Sciele Pharma Inc. SCRX4-Sep-07 Adam

GreeneSciele Pharma, Inc. : NovemberPDUFA for New Sular RelievesSome Pressure



Sciele Pharma, Inc. : Another Roundof Price Increases - ALERT


Scientific Games Corp. SGMS5-Sep-07 Harry C.

CurtisScientific Games Corporation :Progress in Germany Could ProvideUpside in '08



Scientific Games Corporation :Multiple Growth Drivers



Scientific Games Corporation : 2QLargely Inline, Remain Overweighton International Growth Prospects



Scientific Games Corporation :Guard Libang JV: Value Not YetFully Reflected


Seacor Holdings, Inc. CKH



EPS EPS EPS

of 225


Seacor Holdings Inc : 2Q Beat onGain from Sales; AssumingCoverage


Seagate Technology STX5-Sep-07 Mark

MoskowitzSeagate Technology : AnalystMeeting Preview: More CatalystsExpected, but We RemainConcerned over Sustainability



Seagate Technology : SeagateProvides Surprising pre-Labor DayTreat; Adj. Ests.



Seagate Technology : CEO Tips Haton Entry into Solid State Drives;Move Serves as Hedge to SlowingHDD Growth - ALERT


Sealed Air Corp. SEE25-Jul-07 Claudia K.

ShankSealed Air : Slight Q2 Miss, FY07Guidance Maintained - ALERT



Sealed Air : Adj Ests for Q2 Miss &Higher Development Expenses


Sealy Corporation ZZ11-Jul-07 Dara W.

MohsenianSealy Inc. : Lowering FY EPS AfterWeak Q2 as the Cost of DoingBusiness in the Mattress Industry isIncreasing


Security Capital Assurance Ltd SCA24-Sep-07 Andrew

WesselSecurity Capital Assurance : On theWest Coast with Management: AFew Take-Aways - Reiterate OWRating


24-Sep-07 AndrewWessel

Security Capital Assurance : On theWest Coast with Management: AFew Take-Aways - Reiterate OWRating - Corrected Note supersedesany previous versions



Security Capital Assurance : 2QBeats Handily, but Negative Mark inCDS Portfolio Will Garner MostAttention - ALERT




EPS EPS EPS

of 225

Select Comfort Corp. SCSS13-Sep-07 Edward

YrumaSelect Comfort : 3Q Update: Signsof Hope, Still Too Early



Select Comfort : Analyst Day:Moving Pieces, Patience


Sempra Energy SRE3-Aug-07 Glenn B.

MullinSempra Energy : The Price is StillRight



Sempra Energy : Upgrading toOverweight: The Price is Right



Sempra Energy : Commodities JointVenture w/ RBS


Sepracor Inc. SEPR27-Jul-07 Adam

GreeneSepracor : Revenue Disappoints -Cutting EPS


Shanda Interactive Entertainment Ltd ADR SNDA28-Aug-07 Dick Wei Shanda Interactive Entertainment

Ltd : 2Q07 Review: Ahead of ourforecast, pleasantly surprised bystrong paying account growth

OVERWEIGHT 0.3500 Q3-07 0.3400 Q4-07 1.8200 FY07 USD 37.00 28-Aug-07 Dec-07

Sharper Image Corporation SHRP13-Sep-07 Evren

KopelmanThe Sharper Image : Too Early ToBe Involved For The PotentialTurnaround; Lowering Est.


11-Jul-07 EvrenKopelman

The Sharper Image : Can ItSurvive? Transferring Coverage;Maintain UW


Sherwin-Williams Company SHW20-Jul-07 Jeffrey J.

ZekauskasSherwin-Williams : We LiftEstimates



Sherwin-Williams : SHW ExceedsExpectations - ALERT


Shutterfly, Inc. SFLY2-Aug-07 Imran Khan Shutterfly, Inc. : Order Growth Rate

Accelerates; Adj. EstimatesOVERWEIGHT -0.1000 Q2-07 -0.1300 Q3-07 0.3500 FY07 USD * NA NA



EPS EPS EPS

of 225

Sierra Pacific Resources SRP18-Sep-07 Rajeev

LalwaniSierra Pacific Resources : MovingForward with Ely, but OppositionAhead


30-Jul-07 RajeevLalwani

Sierra Pacific Resources : DividendAnnounced; 2Q Weak Versus Ests.- ALERT


Sierra Wireless, Inc. SWIR20-Sep-07 Paul Coster Sierra Wireless Inc. : SWIR

Announces Secondary Offering; Adj.Ests


25-Jul-07 Paul Coster Sierra Wireless Inc. : 2Q07 Preview:What to Expect


Sigmatel, Inc. SGTL8-Aug-07 Christopher

DanelySigmaTel : Business Improving ButRisks Remain, Maintain Neutral



SigmaTel : PositivelyPre-announces 2Q07 Due toBroad-Based Improvement in Sales;Raising Estimates


Silgan Holdings Inc. SLGN18-Jul-07 Claudia K.

ShankSilgan Holdings Inc : FY07 OnTrack, Tweaking Estimates


Siliconware Precision Industries Co, Ltd 2325.TW2-Aug-07 Roland Shu SPIL (Siliconware Precision

Industries) : Strong 2Q07 results;overshadows peers with stellar2H07 outlook

OVERWEIGHT NA Q2-07 NA Q3-07 4.3933 FY07 TWD 80.00 2-Aug-07 Jun-08

Silver Wheaton Corp. (USA) SLW3-Aug-07 John Bridges Silver Wheaton : Quick Q2'07: Short

term disappointment from Luismin -ALERT


Simon Property Group, Inc SPG.N9-Aug-07 Michael

MuellerSimon Property Group : ModelAdjustment




EPS EPS EPS

of 225


Simon Property Group : Guidancemoved up; Mills beginning tocontribute to the bottom line



Simon Property Group : ModelAdjustment


SINA Corporation (USA) SINA7-Aug-07 Dick Wei Sina Corp : 2Q07 Review: No

surprises, Inline results and 3Qguidance. Maintain Neutral

NEUTRAL 0.2700 Q2-07 0.2500 Q3-07 0.9500 FY07 USD 40.00 7-Aug-07 Dec-07

Sinclair Broadcast Group, Inc. SBGI2-Aug-07 John

BlackledgeSinclair Broadcast Group : 2Q07Review: Softer than ExpectedOperating Results; Revisiting ourThesis



Sinclair Broadcast Group : 2Q07First Glance: Modest Results withEPS Upside Offset By Disappointing3Q Guidance - ALERT


Sirona Dental Systems, Inc. SIRO10-Aug-07 Tycho

PetersonSirona Dental Systems Inc :Thoughts Post-Call: New ProductCycle Should Pay Off in 2008



Sirona Dental Systems Inc : CERECSales Rebound, but LoweredGuidance Disappoints - ALERT


Sirtris Pharmaceuticals Inc. SIRT24-Sep-07 Geoffrey

MeachamSirtris Pharmaceuticals :Downgrading to Neutral fromOverweight



Sirtris Pharmaceuticals : 2QUneventful; Waiting for 2H07 Data;Adj Ests



Sirtris Pharmaceuticals : MELASTrial Begins - ALERT


Skechers USA, Inc. SKX25-Jul-07 Robert

SamuelsSkechers USA Inc. : What in theWorld Happened?; LoweringEstimates




EPS EPS EPS

of 225

Skilled Healthcare Group, Inc. SKH8-Aug-07 Andreas

DirnaglSkilled Healthcare Group : SKH:2Q07 Marks A Solid Quarter,Number of Catalysts Ahead



Skilled Healthcare Group : SKH: Outof the Gate 2Q07 Looks Strong -ALERT



Skilled Healthcare Group : SKH:Initiating with an OW; Providing FirstClass Service


SL Green Realty Corp. SLG25-Jul-07 Anthony

PaoloneSL Green Realty Corp. : ModelAdjustment



SL Green Realty Corp. : Reports2Q; strong core trends and buybackshould be viewed positively


Smith International, Inc. SII14-Sep-07 Michael K.

LaMotteSmith International, Inc. : Revising3Q Estimates on CanadianWeakness



Smith International, Inc. : RaisingEstimates on International Growth



Smith International, Inc. : In-LineQuarter Despite CanadianWeakness - ALERT


Smith Micro Software, Inc. SMSI2-Aug-07 Lauren Ye Smith Micro Software : Q207: Penny

Upside And Poised For Growth,Adjusting Est.


31-Jul-07 Lauren Ye Smith Micro Software : Q207Preview: Getting Back On Track -ALERT


11-Jul-07 Lauren Ye Smith Micro Software : Verizon IsShipping Vista Compatible MusicEssentials Kits Now - ALERT -Corrected Alert supersedes anyprevious versions


Smithfield Foods, Inc. SFD19-Sep-07 Pablo E. Smithfield Foods, Inc : Cutting OVERWEIGHT 0.4700 Q1-08 0.5700 Q2-08 2.3400 FY07 USD * NA NA



EPS EPS EPS

of 225

Zuanic Estimates24-Aug-07 Pablo E.

ZuanicSmithfield Foods, Inc : A 1% Pull onDemand Implies $1.50 Higher HogPrices - ALERT



Smithfield Foods, Inc : Quick Takeon 1Q08 Results



Smithfield Foods, Inc : UpdatingEstimates Post Conference Call



Smithfield Foods, Inc : RecentPullback Overdone, Buy IntoQuarter



Smithfield Foods, Inc : Keep OW,But Near Term Upside May BeCapped



Smithfield Foods, Inc : AssessingEPS Impact From Higher HogPrices (Must Factor Partial Offset inProcessing)


Smurfit-Stone Container Corporation SSCC8-Aug-07 Claudia K.

ShankSmurfit-Stone Container : BrewtonSale Modestly Positive; Valuation"So-So"



Smurfit-Stone Container : Pre-CallNote: Price/Cost ImprovementDrives 2Q Beat



Smurfit-Stone Container : AnotherStep Forward; Raising FY08 EPSEstimates


Sohu.com Inc. SOHU2-Aug-07 Dick Wei Sohu.Com : 2Q07 Review: Upside

from new game and benefits asOlympics sponsor became moreapparent

OVERWEIGHT 0.1500 Q2-07 0.1500 Q3-07 0.5500 FY07 USD 39.00 2-Aug-07 Dec-07

Solera Holdings, Inc. SLH12-Jul-07 Fred W.

SearbySolera Holdings, Inc. : UpbeatMeeting with Management Team


Somaxon Pharmaceuticals, Inc. SOMX8-Aug-07 Adam

GreeneSomaxon Pharmaceuticals, Inc. :Deal or No Deal in 2007




EPS EPS EPS

of 225

Sonic Corporation SONC29-Aug-07 Steven Rees Sonic Corp : Cost Pressures May

Limit N-T Multiple ExpansionDespite Solid Top Line; Downgradeto Neutral


Sonic Solutions SNIC27-Sep-07 Paul Coster Sonic Solutions : Instant DVDs Get

Press Coverage - Mild Positive -ALERT


25-Sep-07 Paul Coster Sonic Solutions : Downloads GetReal: U/G to Overweight; Adj Ests.


24-Aug-07 Paul Coster Sonic Solutions : F1Q08 Misses,Guidance Disappoints; Adj. Ests


19-Jul-07 Paul Coster Sonic Solutions : AssumingCoverage, Trimming Estimates,Downgrading to Neutral


SonicWALL, Inc. SNWL7-Aug-07 P. Sterling

Auty IISonicWALL : Impacts of ShareRepurchase and Tweaking Model



SonicWALL : Good Quarter,Sustainability is the Question


Sonoco Products Company SON18-Sep-07 Claudia K.

ShankSonoco : Lowers Guidance on WeakDemand and High OCC Costs;Reducing Estimates



Sonoco : Share RepurchaseHighlights Value Opportunity



Sonoco : Notes from the Road:Flexibles to Improve in 2H07;Reiterate OW



Sonoco : 2Q Miss from Consumer;FY07 Guidance Intact - ALERT


SonoSite, Inc. SONO31-Jul-07 Tycho

PetersonSonoSite : 2Q EPS Upside is aPleasant Surprise



SonoSite : Barron's Article Stirs thePot, but Misses Key Points - ALERT


5-Jul-07 Tycho SonoSite : Pre-Announces Positive OVERWEIGHT 0.0500 Q2-07 0.0800 Q3-07 0.4800 FY07 USD * NA NA



EPS EPS EPS

of 225

Peterson 2Q Top-Line Growth

Southern Union Company SUG10-Aug-07 Glenn B.

MullinSouthern Union : MLPAnnouncement in Near Future



Southern Union : In Line 2Q07;Focus on MLP Option - ALERT


Southwest Airlines Co. LUV18-Jul-07 Jamie Baker Southwest Airlines Co. : 2Q Beat

Potentially Tempered By 3QGuidance


Southwest Gas Corporation SWX13-Sep-07 Glenn B.

MullinSouthwest Gas Corp. : Files AZRate Case: First Step to Higher EPS- Corrected Note supersedes anyprevious versions

OVERWEIGHT -0.0100 Q2-07 NA Q3-07 2.0500 FY07 USD * NA NA


Southwest Gas Corp. : Rate Casesto Drive Long-Term Growth


Spanish Broadcasting System, Inc. SBSA7-Aug-07 John

BlackledgeSpanish Broadcasting System :2Q07 First Glance: DisappointingRadio Results Outweigh ImprovingTV Operations - ALERT



Spanish Broadcasting System : Soft2Q at Radio Offsets Lower TVLosses. Adj. Ests.


Spansion Inc. SPSN20-Jul-07 Shawn

WebsterSpansion Inc : Pricing StillProblematic, Adjusting Estimates


Spectrum Brands, Inc. SPC13-Aug-07 Dara W.

MohsenianSpectrum Brands, Inc. : LoweringEPS After Weak Q3 - Asset SalesUnlikely to Unlock Value



Spectrum Brands, Inc. : LoweringSPC EPS After Reduced H207Guidance




EPS EPS EPS

of 225

Speedway Motorsports, Inc. TRK9-Aug-07 Dean

GianoukosSpeedway Motorsports : BelowConsensus Q2, Outlook Unchanged


Spherion Corporation SFN20-Sep-07 Michael J.

FoxSpherion Corp : AnnouncesAcquisition of Todays Staffing



Spherion Corp : 2Q07 10Q Review NEUTRAL 0.1400 Q2-07 0.1400 Q3-07 0.5000 FY07 USD * NA NA


Spherion Corp : 2Q07: AboveConsensus Results and SolidGuidance


Sprint Nextel Corporation S17-Sep-07 Thomas J.

LeeSprint Nextel : A sloppy 3Qincreases pressure to restructure.



Sprint Nextel : Thoughtspost-Technology Summit. WiMAX2010E revs of $2.5b is 5% wirelessdata mkt. Conservative.



Sprint Nextel : Rock solid 2Q. Cleanbeat on EBITDA at $2.9b vs ourStreet high $2.8b. Affirms FY07E. -ALERT



Sprint Nextel : 2Q07 Preview.Worries about 2Q unfounded.


10-Jul-07 Thomas J.Lee

Sprint Nextel : Media reports of SKTelecom bid for S. Unwind ofNextel? - ALERT


SPX Corporation SPW2-Aug-07 C. Stephen

Tusa Jr.SPX Corp. : Solid 2Q; AdjustingEstimates


SRA International, Inc. SRX9-Aug-07 Christine

PezinoSRA International Inc : FYQ407Results: Nothing New; Adj. Ests.,Maintain N


St. Jude Medical, Inc. STJ19-Jul-07 Michael N.

WeinsteinSt Jude Medical : Solid 2Q Drivenby OUS Momentum; Guidance




EPS EPS EPS

of 225

Remains Conservative18-Jul-07 Michael N.

WeinsteinSt Jude Medical : Solid Quarter,Early Read on the 2Q Results


Standard Pacific Corp. SPF24-Sep-07 Michael

RehautStandard Pacific : Convert OfferingAnother Key Step in ReducingRevolver Fears, Hence, A Positive;Reit. OW Rating



Standard Pacific : Credit FacilityAmendments Approved; MaintainOverweight Rating - ALERT



Standard Pacific : July/AugustOrders Up 20% Versus Much EasierComp; However, Cans Worsen,Charges Continue



Standard Pacific: ProposedChanges to Credit Revolver aPositive



Standard Pacific : Credit FacilityFears Unfounded; Reit. OW Rating



Standard Pacific : Post-Call Notes:JV Risk Continues, but Margin CallsShould Be Immaterial; LoweringEsts. - Corrected Note supersedesany previous versions



Standard Pacific : Post-Call Notes:JV Risk Continues, but Margin CallsShould Be Immaterial; LoweringEsts.


Staples, Inc. SPLS21-Aug-07 Stephen

ChickStaples : Mortality; OMX > SPLS;Q2 Review


Starbucks Corporation SBUX2-Aug-07 John Ivankoe Starbucks : Worst May Be Over,

Reiterate OverweightOVERWEIGHT 0.2100 Q3-07 0.2000 Q4-07 0.8700 FY07 USD * NA NA

Starwood Hotels & Resorts Worldwide, Inc HOT4-Sep-07 Harry C.

CurtisStarwood Hotels & ResortsWorldwide : New CEO: StrongOperating Background But Unknown




EPS EPS EPS

of 225

To Hotel Investors.13-Aug-07 Harry C.

CurtisStarwood Hotels & ResortsWorldwide : The Long And TheShort Of It: Most, But Not All, BadNews Is In The Stock



Starwood Hotels & ResortsWorldwide : InternationalOutperforms, But TimeshareAccounting Shifts 2008 Profit To2009-2010.



Starwood Hotels & ResortsWorldwide : Backing Out One-TimeItems, A Modest Beat.


State Street Corporation STT19-Jul-07 Vivek Juneja State Street : Discretionary Exp,

Deposit Shift, Debt Costs, IFINNEUTRAL 1.0700 Q2-07 0.9900 Q3-07 3.9400 FY07 USD * NA NA

Steel Dynamics, Inc. STLD13-Sep-07 Michael

GambardellaSteel Dynamics : Adj Estimates forThe Techs Acquisition



Steel Dynamics : If this is the trough,it isn't so bad; Raising EPS


Sterling Bancshares, Inc. SBIB25-Sep-07 John Pancari Sterling Bancshares : Small

Acquisition of Ten Branches inDallas/Fort Worth - ALERT


24-Jul-07 John Pancari Sterling Bancshares : Solid 2Q andFavorable Outlook SupportOverweight


Stillwater Mining Company SWC8-Aug-07 John Bridges Stillwater Mining : Wrap Q2'07: Price

fall overdone; a buying opportunity.Adj. Ests.


7-Aug-07 John Bridges Stillwater Mining : Quick Q2'07:Guiding lower, but stock weaknessoverdone - ALERT


20-Jul-07 John Bridges Stillwater Mining : Reports Q2production; will lower guidance -ALERT


17-Jul-07 John Bridges Stillwater Mining : Union Ratifies OVERWEIGHT 0.0400 Q2-07 0.1100 Q3-07 0.2800 FY07 USD * NA NA



EPS EPS EPS

of 225

New Labor Contract - ALERT10-Jul-07 John Bridges Stillwater Mining : Talks fail; strike

begins - ALERTOVERWEIGHT 0.0400 Q2-07 0.1100 Q3-07 0.2800 FY07 USD * NA NA

Stone Energy Corporation SGY25-Sep-07 Brian L.

KuzmaStone Energy : Initiating ShareRepurchase Program - Positive ForStock - ALERT


Strayer Education, Inc. STRA27-Jul-07 Edward

YrumaStrayer Education, Inc : 2Q: RollingOn; Raising Estimates



Strayer Education, Inc : OrganicEducation; Initiate at Overweight


Stryker Corporation SYK20-Jul-07 Michael N.

WeinsteinStryker Corp : Strong Revenue andHeavy Investment in 2Q07


Suncor Energy Inc. SU.TO27-Jul-07 KATHERINE

LUCASSuncor Energy : 2Q07 resultsreinforce solid outlook for 2H07



Suncor Energy : 2Q07 in line,stronger than expected oil sandsresult - ALERT


Sunoco, Inc. SUN2-Aug-07 Daniel Vetter Sunoco : Running on all cylinders

for the rest of 2007; adj. est.NEUTRAL 4.2000 Q2-07 2.7200 Q3-07 9.3900 FY07 USD * NA NA

Sunstone Hotel Investors, Inc SHO10-Aug-07 Charles P.

ScholesSunstone Hotel Investors Inc. :Attractive Risk-Reward


9-Aug-07 Charles P.Scholes

Sunstone Hotel Investors Inc. :Small 2Q Beat; 2H Raised on LowerShare Count


SunTrust Banks, Inc. STI17-Aug-07 Vivek Juneja SunTrust Banks, Inc. : Alt-A NPLs

Up Sharply; Asset Bk CP Impact -10Q




EPS EPS EPS

of 225

24-Jul-07 Vivek Juneja SunTrust Banks, Inc. : Higher CreditLosses, Rev Offset Exp, B/SBenefits


5-Jul-07 Vivek Juneja SunTrust Banks, Inc. : TweakingEst: Cost Savings, Credit Losses,Share Buybacks


Superior Essex Inc. SPSX7-Aug-07 Curtis

WoodworthSuperior Essex Inc. : AcquisitionsCreate Step Function Change inEPS Trajectory - Increasing 08 EPSView to $3.60



Superior Essex Inc. : Solid 2Q EPSDriven by Solid Margin Perf. - Tonefor 2H-07 Is Strong; Reit OW -ALERT


Superior Offshore International, Inc. DEEP22-Aug-07 David C.

SmithSuperior Offshore International :Increasingly Attractive Valuation, butRisks Remain


15-Aug-07 David C.Smith

Superior Offshore International : BigMiss on Lower Activity, TransitionCosts - ALERT



Superior Offshore International :Trimming 2Q07 Estimates


Susser Holdings Corporation SUSS24-Sep-07 Stephen

ChickSusser Holdings Corp. : Upgrade toOverweight from Neutral;Revaluation Upward


SVB Financial Group SIVB27-Jul-07 John Pancari SVB Financial : 2Q07 Results

Support Favorable Outlook, DespiteNIM Decline and NCO Blip


19-Jul-07 John Pancari SVB Financial : Exit of SVB Alliantand Raised 2Q EPS Expectation aPositive; Reiterate Overweight -ALERT


Symantec Corporation SYMC30-Aug-07 Adam Holt Symantec : Norton 2008 Releases NEUTRAL 0.2900 Q1-08 0.2500 Q2-08 1.1800 FY07 USD * NA NA



EPS EPS EPS

of 225

Yield Product Improvements, but NoPricing Changes

10-Jul-07 Adam Holt Symantec : Further ManagementChanges at Symantec


Symbion, Inc. SMBI27-Jul-07 Andreas

DirnaglSymbion Inc : 2Q07 Results DoLittle to Calm Buyout Jitters


Syniverse Holdings, Inc. SVR1-Aug-07 P. Sterling

Auty IISyniverse : Good Quarter: Two BigHurdles Remain; Adj. Ests.


SYNNEX Corporation SNX25-Sep-07 Jason M.

GurskySYNNEX Corporation : Marginexpansion story playing out


Synopsys, Inc. SNPS23-Aug-07 P. Sterling

Auty IISynopsys Inc : Solid Q3 & Outlook;Adjusting Est.



Synopsys Inc : ExpandsRelationship with Intel; Positive -ALERT


Synovus Financial Corp. SNV25-Jul-07 Steven

AlexopoulosSynovus Financial Corp. : 2Q07Post Call Comments; The Last Stepin Evaluating a Spin of TSYS IsReached, Maintain OW



Synovus Financial Corp. : 2Q07First Look, Credit Quality PressuresIntensify, But Timeline Given onPotential TSYS Spin - ALERT


Syntel, Inc. SYNT26-Jul-07 Christine

PezinoSyntel, Inc. : Q207 Results: FirstTake - Solid Upside to Results andGuidance; Positive - ALERT


SYSCO Corporation SYY.N24-Sep-07 Stephen Sysco Corporation : NEUTRAL 0.5300 Q4-08 0.4600 Q1-09 1.7900 FY07 USD * NA NA



EPS EPS EPS

of 225

Chick Glass-Half-Empty: Analyst Mtg;Neutral - PFGC>SYY


Sysco Corporation : Update: Q4Review; PFGC > SYY


Take-Two Interactive Software, Inc. TTWO11-Sep-07 Dean

GianoukosTake-Two Interactive Software :Solid Quarter, Outlook Brighter



Take-Two Interactive Software :Sells Joytech, Small Positive



Take-Two Interactive Software :Bioshock Tops Gamerankings For360



Take-Two Interactive Software :GTA IV Delayed; Take-Two CouldBe Take-Out


Taleo Corporation TLEO11-Sep-07 Adam Holt Taleo : Taleo World Yields Details

on Expanding Growth StoryOVERWEIGHT 0.1000 Q2-07 NA Q3-07 NA FY07 USD * NA NA

3-Aug-07 Adam Holt Taleo : Another Strong Quarter,Leverage Springs Better Guidance;Raising Estimates


1-Aug-07 Adam Holt Taleo : Q2 Should UnderscoreShare Gains and Product Strength


Target Corporation TGT25-Sep-07 Charles

GromTarget Corporation : Aye-Yi-Yi, Stickw/Quality, TGT>WMT



Target Corporation : The AckmanFactor? Initial Thoughts, Overweight



Target Corporation : Flight to"Quality", Minneapolis > Bentonville



Target Corporation : First Shot, 2QOK, '07 Guidance Backed


Taubman Centers, Inc. TCO25-Jul-07 Michael

MuellerTaubman Centers : Q2 well aheadon lease term income and ops;Guidance up 1%



Taubman Centers : ModelAdjustment




EPS EPS EPS

of 225

TCF Financial Corporation TCB24-Jul-07 Steven

AlexopoulosTCF Financial Corporation : 2Q07First Look; Core EPS a PennyShort, Another Reserve Build ThisQuarter - ALERT



TCF Financial Corporation : 2Q07Post Call Comments; Reserve BuildUnderlies Mixed Quarter, MaintainUnderweight


Tech Data Corporation TECD23-Aug-07 Jason M.

GurskyTech Data Corp. : Finally a nicesummer surprise


TECO Energy, Inc. TE2-Aug-07 Nikki

EdgecombeTECO Energy Inc : Guides to LowerEnd of 2007 EPS Range on WeakVolumes at Utilities - ALERT


Teekay Corporation TK3-Aug-07 Jonathan

ChappellTeekay Corporation : 2Q EPS BeatEst.; More MLP Cash Flow Coming


Teekay LNG Partners L.P. TGP3-Aug-07 Jonathan

ChappellTeekay LNG Partners L.P. : In-line2Q CDU (up 15%); New LNGProject


Telik, Inc. TELK9-Aug-07 Geoffrey

MeachamTelik Inc : 2Q Uneventful, Waitingfor Action on Telcyta


Tellabs, Inc. TLAB25-Jul-07 Ehud A.

Gelblum PhD

Tellabs : Q2 Wrap: WeakeningGross Margin Erodes EarningsPower, Lowering Ests. and Reit UW


Temple-Inland, Inc. TIN6-Aug-07 Claudia K.

ShankTemple-Inland : To Sell 1.55MMAcres of Timberland; Valuation




EPS EPS EPS

of 225

Attractive, but Tax Leakage High -ALERT


Temple-Inland : Pre-Call Note:Another Solid Quarter - ALERT



Temple-Inland : 2Q OK DespiteHousing Weakness; Adjusting Ests.


Tempur-Pedic International Inc. TPX6-Sep-07 Edward

YrumaTempur-Pedic : PositivePre-Announcement Supports OurRecent Upgrade - Overweight -ALERT



Tempur-Pedic : Mgt. Meetings:Vegas Notes, Continued Momentum


Tenaris S.A. (ADR) TS3-Aug-07 Rodolfo

AngeleTenaris SA : 2Q should be a softpatch in an otherwise robust story -Overweight


Tenet Healthcare Corporation THC7-Aug-07 Andreas

DirnaglTenet Healthcare : THC : 2Q07 Missof $0.05; More After Call - ALERT



Tenet Healthcare : THC: 2Q07Results Fail to Impress; Mgmt StillSeems Overoptimistic; LoweringEst.


Tenneco Inc. TEN31-Jul-07 Himanshu

PatelTenneco Automotive : NA/EuropeProduction to Drive 2H Earnings


Teradyne, Inc. TER20-Jul-07 Christopher

BlansettTeradyne, Inc. : C2Q07 EarningsResults - The Back-End Cycle Is InFull Swing


Terex Corporation TEX26-Jul-07 Stephen

VolkmannCFA

Terex Corp : Was 2Q The PeakOperating Margin? Adj Ests


25-Jul-07 Stephen Terex Corp : A Modest Beat and UNDERWEIGHT1.6600 Q2-07 1.4200 Q3-07 5.4000 FY07 USD * NA NA



EPS EPS EPS

of 225

VolkmannCFA

Raise, Backlog Remains Healthy -ALERT

Tesoro Corporation TSO7-Aug-07 Daniel Vetter Tesoro Corporation : Modest EPS

surprise, despite costs associatedLA refinery integration - ALERT


7-Aug-07 Daniel Vetter Tesoro Corporation : Strategy shiftemphasizes organic growth; adj est


Teva Pharmaceutical Industries Ltd (ADR) TEVA6-Sep-07 Adam

GreeneTeva Pharmaceuticals : GenericFamvir Shipped


Texas Capital Bancshares, Inc. TCBI19-Jul-07 John Pancari Texas Capital Bancshares : Solid

2Q Results Support OverweightThesis


Texas Instruments Incorporated TXN10-Sep-07 Christopher

DanelyTexas Instruments : Update AfterClose, Expect Narrowing ofGuidance Range, ReiterateOverweight



Texas Instruments : DetailedAnalysis of Impact From NokiaAnnouncement - MOT Share GainsRoughly Even with NOK Loss



Texas Instruments : Expecting Solid2Q07 Results and Above-Seasonal3Q07 Guidance, Raising Estimates


Texas Roadhouse, Inc. TXRH31-Jul-07 Steven Rees Texas Roadhouse Inc. : 2Q In Line

With Our Est.; F07 GuidanceMaintained


Textron Inc. TXT27-Sep-07 C. Stephen

Tusa Jr.Textron : Highlights of CessnaAnalyst Meeting at NBAA



Textron : NBAA Update: CessnaOrders Keep On Coming - ALERT




EPS EPS EPS

of 225


Textron : Bell Margin The Next LegTo TXT Story



Textron : Notes from Dinner atMirabel - ALERT



Textron : Strong 2Q; $8 in '08Coming Into View



Textron : Follow-Up to the Conf. Call- ALERT


The Allstate Corporation ALL19-Jul-07 Matthew

HeimermannAllstate Corp. : Underlying 2Q EPSIn-line; Better Than Peers


The Bank of New York Mellon Corporation BK24-Jul-07 Vivek Juneja Bank of New York Mellon Corp. :

Asset Mgmt/Svcg, DRs Led StrongFundamentals


The Boeing Company BA6-Sep-07 Joseph B.

NadolBoeing Company : 787 DeliveryDelay Likely; Adjusting Estimates



Boeing Company : Strong, CleanQ2; Attention Will Now Shift toProgress on 787; AdjustingEstimates


The Cheesecake Factory Incorporated CAKE25-Jul-07 John Ivankoe The Cheesecake Factory, Inc. : 2Q

In Line With Pre-Releases. SlightlyBetter Outlook Doesn't Change UWThesis. Adjusting Ests.


10-Jul-07 John Ivankoe The Cheesecake Factory, Inc. :Continue to Recommend Selling OnStrength


The Chubb Corporation CB25-Jul-07 Matthew

HeimermannChubb Corp. : Raising EstimatesFor 2Q Results And IncreasedBuybacks


The Clorox Company CLX13-Aug-07 John Clorox : Bigger, Faster, Cheaper - OVERWEIGHT 0.6200 Q4-07 0.6200 Q4-07 3.4000 FY07 USD * NA NA



EPS EPS EPS

of 225

Faucher ALERT3-Aug-07 John

FaucherClorox : CLX Gets Wiped Out ByWeak Q4


2-Aug-07 JohnFaucher

Clorox : CLX's Q4 MajorDisappointment - ALERT



Clorox : Reading The Print: What ToLook For In CLX's FQ4



Clorox : Attractive Heading IntoFQ4; Lowering 08 Estimates


The Coca-Cola Company KO.N17-Jul-07 John

FaucherCoca-Cola Co. : Another SolidResult for KO - ALERT



Coca-Cola Co. : Despite StockReaction, Q2 Better Than Expected



Coca-Cola Co. : Q207 EPS PreviewOVERWEIGHT 0.8000 Q2-07 0.6700 Q3-07 2.5900 FY07 USD * NA NA


Coca-Cola Co. : Reading The Print:What To Look For In KO's Q2


The Cooper Companies, Inc. COO7-Sep-07 Michael N.

WeinsteinThe Cooper Companies, Inc. : Solid3Q Results; Raising SalesEstimates


The Dow Chemical Company DOW28-Sep-07 Jeffrey J.

ZekauskasDow Chemical : We Expect aRagged Third Quarter



Dow Chemical : Life on the Ridge OVERWEIGHT 1.0700 Q2-07 0.8500 Q3-07 3.8000 FY07 USD * NA NA

The Dress Barn, Inc. DBRN20-Sep-07 Christopher

KimThe Dress Barn, Inc. : Best House ina Bad Neighborhood


19-Sep-07 ChristopherKim

The Dress Barn, Inc. : Quick Takesfrom the Conference Call.... -ALERT


The Dun & Bradstreet Corporation DNB7-Aug-07 Fred W.

SearbyD&B Corp. : Solid 2Q07 NEUTRAL 0.9800 Q2-07 0.9900 Q3-07 4.5800 FY07 USD * NA NA



EPS EPS EPS

of 225

The E.W. Scripps Company SSP14-Sep-07 Fred W.

SearbyE.W. Scripps : Cable Nets SeeingImproving Trends



E.W. Scripps : 2Q EPS in Line withGuidance; Thesis Intact



E.W. Scripps : 2Q EPS in Line withGuidance - ALERT


The Estee Lauder Companies Inc. EL17-Aug-07 John

FaucherEstee Lauder : Spending LikeThere's No Tomorrow



Estee Lauder : Where's All The GPGoing? Guidance Going Down. -ALERT



Estee Lauder : Reading The Print:What To Look For In EL's Q4



Estee Lauder : EL Acquires OjonCorp., a Small Hair Care Brand -ALERT


The Finish Line, Inc. FINL30-Aug-07 Robert

SamuelsThe Finish Line, Inc : Weak GCOResults Could Dampen MergerProspects - ALERT


The First Marblehead Corporation FMD10-Aug-07 George A.

SaccoFirst Marblehead : Strong QuarterOvershadowed by ABS MarketUncertainty - ALERT



First Marblehead : Downgrading toNeutral to Reflect Uncertain ABSMarket; Longer-Term ThesisRemains Intact


The Goodyear Tire & Rubber Company GT15-Aug-07 Himanshu

PatelGoodyear Tire & Rubber : DebtReduction Announced, MorePossible - ALERT



Goodyear Tire & Rubber : QuarterMisread? Potential BuyingOpportunity; Cut EPS




EPS EPS EPS

of 225

The Greenbrier Companies GBX20-Jul-07 Brannon

CookGreenbrier Company : Long-TermIntermodal Demand Positive, butShort-Term Trends WarrantCaution; Initiate at Neutral


The Hain Celestial Group, Inc. HAIN30-Aug-07 Pablo E.

ZuanicHain Celestial : Quick Take on 4QResults - ALERT



Hain Celestial : Updating Estimates OVERWEIGHT 0.2800 Q4-07 0.2600 Q1-08 1.1800 FY07 USD * NA NA

The Hershey Company HSY19-Jul-07 Pablo E.

ZuanicThe Hershey Company : Quick Takeon 2Q07 (Out at 7am Today) -ALERT



The Hershey Company : TheRationale to Remain Underweight



The Hershey Company : SeeDownside When 2Q Comes Out



The Hershey Company : UpdatingEstimates


The Home Depot, Inc. HD20-Sep-07 Stephen

ChickHome Depot : Capital Allocation:Subtle Steps; Overweight



Home Depot : Adj Estimates PostPhase I of Recap; Overweight



Home Depot : HD Supply Update;Overweight - ALERT



Home Depot : Wall-of-Worry isHealthy; Overweight; Q2 Review



Home Depot : HD Supply Update;Line in the Sand



Home Depot : Revised Tender; HDSupply - Overweight



Home Depot : Revision to TenderRange Likely - Favorable;Overweight



Home Depot : The Equity Value of aRecapitalization; Overweight



Home Depot : Update; Tender;Steps Forward; Overweight




EPS EPS EPS

of 225


Home Depot : Guidance; Tender;Overweight - ALERT



Home Depot : Update; DutchTender Likely; S/T, L/T - Overweight


The Kroger Co. KR18-Sep-07 Stephen

ChickKroger Co. : Q207 Review; AdjEstimates


The Macerich Company MAC27-Aug-07 Michael

MuellerMacerich : Model Adjustment NEUTRAL 0.1900 Q2-07 NA Q3-07 4.6300* FY07 USD * NA NA


Macerich : Very good Q2; moreclarity on development ramp

NEUTRAL 0.1900 Q2-07 NA Q3-07 4.6300* FY07 USD * NA NA

The McGraw-Hill Companies, Inc. MHP19-Sep-07 Fred W.

SearbyThe McGraw-Hill Cos. : PositiveGuidance for 2H07



The McGraw-Hill Cos. :Downgrading to Neutral


The Medicines Company MDCO25-Jul-07 Richard

SmithThe Medicines Company : 2Q07:Angiomax Struggles, PatentUncertainty Continues; Adj Est.



The Medicines Company : HR1778passes subcmte, but a long way togo



The Medicines Company :Acquisition of EU rights; RevisedFinancial Guidance - ALERT



The Medicines Company : ThesisUnchanged with Acquisition of EURights to Angiox; Adj. Ests


The New York Times Company NYT12-Sep-07 Fred W.

SearbyThe New York Times Co. : AugustRevenue Growth Slightly Ahead ofTempered Expectations



The New York Times Co. : JulyNews Ad Revs -5%; Non NewsGroup Strength Boosts Total Growth




EPS EPS EPS

of 225

to 0.1%25-Jul-07 Fred W.

SearbyThe New York Times Co. : AsExpected, a Weak 2Q; Another CostSaving Program Announced -ALERT


The Pepsi Bottling Group, Inc. PBG9-Aug-07 John

FaucherPepsi Bottling Group, Inc : PBGAnnounces Small RestructuringProgram



Pepsi Bottling Group, Inc : PBGReports Better Than Expected Q2EPS; Guidance Moving Up - ALERT



Pepsi Bottling Group, Inc : Despitethe Comps and Costs, a Solid Q2From PBG



Pepsi Bottling Group, Inc : ReadingThe Print: What To Look For InPBG's Q2



Pepsi Bottling Group, Inc : PBG Q2Preview


The Phoenix Companies, Inc. PNX26-Jul-07 Jimmy

BhullarPhoenix Companies : PreliminaryAnalysis of 2Q07 Results


26-Jul-07 JimmyBhullar

Phoenix Companies : TrendsImproving, Our Outlook RemainsCautious


The Procter PG28-Sep-07 John

FaucherProcter & Gamble : RestatementSheds More Light on Beauty/FemCare


18-Sep-07 JohnFaucher

Procter & Gamble : Good Riddanceto the In-Line Mid-Quarter Update -ALERT



Procter & Gamble : The Tide Is StillRising



Procter & Gamble : UnderlyingFundamentals In-Line; FY08Guidance Slightly Below Consensus- ALERT



Procter & Gamble : Reading ThePrint: What To Look For In PG's Q4




EPS EPS EPS

of 225

The Progressive Corporation PGR14-Sep-07 Matthew

HeimermannThe Progressive Corp. : LoweringEPS as Negative Trends Continue



The Progressive Corp. : TrendsImproved Sequentially, But EPS AtRisk



The Progressive Corp. : 2Q SuggestEPS Pressure to Continue;Lowering EPS


The Ryland Group, Inc. RYL27-Jul-07 Michael

RehautRyland Group : Post-Call Notes:June Mostly Driven by Easier Compand Pricing, In Our View; CF Gen. aPositive



Ryland Group : 2Q Reported In-Linewith 7/10 Preannouncement;Charges at Low End of the Range;Mntn Neutral



Ryland Group : 2Q ChargesRoughly In-Line w/Other Builders,But Orders Hit Our Estimate;Lowering EPS Estimates


The Scotts Miracle-Gro Company SMG1-Aug-07 Dara W.

MohsenianScotts Miracle-Gro Co. : ReiterateOW After In-Line Q3 EPS- AttractiveEntry Point



Scotts Miracle-Gro Co. : Upgradingto OW: Attractive for Both Short andLong-Term Investors



Scotts Miracle-Gro Co. : LoweringEstimates on Unfavorable Weather


The South Financial Group TSFG20-Jul-07 John Pancari The South Financial Group : Mixed

2Q Results; NIM Expanded butDeposits Weak - ALERT


3-Jul-07 John Pancari The South Financial Group : Updateon NC Real Estate Loan Fraud; NoChange in EPS Ests; ReiterateNeutral




EPS EPS EPS

of 225

The Stanley Works SWK24-Jul-07 Michael

RehautThe Stanley Works : 2Q ReportedRoughly In-Line; High-End of FY07Guidance Lowered - ALERT



The Stanley Works : 2Q ReportedRoughly In-Line; High-End of FY07Guidance Lowered; Maintain UWRating


The Timberland Company TBL26-Sep-07 Robert

SamuelsThe Timberland Company : BabySteps but Still Long Way to Go;Lowering Ests.


The Travelers Companies, Inc. TRV27-Jul-07 Matthew

HeimermannTravelers Cos : Raising EPSEstimates Following Steady 2QResults



Travelers Cos : 2Q Reported EPSHigher/Underlying Roughly In-Line -ALERT


The Ultimate Software Group, Inc. ULTI24-Sep-07 David Cohen Ultimate Software : Takeaways from

Mgmt Meetings - Positive - ALERTOVERWEIGHT 0.1500 Q2-07 0.1800 Q3-07 0.7600 FY07 USD * NA NA

27-Jul-07 David Cohen Ultimate Software : Look Throughthe Noise; Remain Overweight


The Valspar Corporation VAL14-Aug-07 Jeffrey J.

ZekauskasValspar Corp : Paints Positioned OVERWEIGHT 0.5700 Q3-07 0.6100 Q4-07 1.8000 FY07 USD * NA NA


Valspar Corp : F3Q EPS ExceedsEstimates: F2007 Guidance Lower -ALERT


The Walt Disney Company DIS27-Sep-07 Imran Khan The Walt Disney Co. : Discontinuing

Disney MVNO a Positive for FY08Earnings


21-Sep-07 Imran Khan The Walt Disney Co. : 4 Keys forABC Revenue Growth in the NewSeason




EPS EPS EPS

of 225

7-Aug-07 Imran Khan The Walt Disney Co. : AdmissionPrice Increases Highlight DisneyParks' Pricing Power


2-Aug-07 Imran Khan The Walt Disney Co. : AnotherStrong Quarter; ReiterateOverweight


The Warnaco Group, Inc. WRNC19-Sep-07 Robert

SamuelsThe Warnaco Group, Inc : Time toBuy WRNC; Upgrading to OW


8-Aug-07 RobertSamuels

The Warnaco Group, Inc :Housekeeping; Adj. Estimates


The Western Union Company WU25-Jul-07 Tien-Tsin

HuangWestern Union : Risk/Reward &Trends Improving, Tweaking Ests



Western Union : Takeaways fromMoneyGram Results - ALERT



Western Union : InnovationConcerns Remain, But RecentWeakness Overdone


The9 Limited NCTY24-Aug-07 Dick Wei The9 Limited: 2Q07 Preview OVERWEIGHT NA Q3-07 NA Q4-07 1.57E FY07 USD 52.00 22-May-07 Dec-072-Aug-07 Dick Wei The9 Limited: Recent Pull-back

Offers Good Buying OpportunityOVERWEIGHT NA Q3-07 NA Q4-07 1.57E FY07 USD 52.00 22-May-07 Dec-07

Thermo Fisher Scientific Inc. TMO26-Jul-07 Tycho

PetersonThermo Fisher Scientific : Raisesthe Bar Again with Strong 2QResults - Thoughts Ahead of theCall - ALERT



Thermo Fisher Scientific : SolidPerformance and Another Boost toGuidance Reinforce FavorableOutlook


Thoratec Corporation THOR18-Sep-07 Taylor Harris Thoratec Corp. : Update from HFSA NEUTRAL 0.1000 Q2-07 0.0400 Q3-07 0.2200 FY07 USD * NA NA15-Aug-07 Taylor Harris Thoratec Corp. : HeartMate II

Heading to PanelNEUTRAL 0.1000 Q2-07 0.0800 Q3-07 0.3800 FY07 USD * NA NA

1-Aug-07 Taylor Harris Thoratec Corp. : 2Q Mixed as VADs NEUTRAL 0.1000 Q2-07 0.1000 Q3-07 0.4100 FY07 USD * NA NA



EPS EPS EPS

of 225

Come in Light, But HeartMate IIBack on the Clock at the FDA

THQ Inc. THQI25-Sep-07 Dean

GianoukosTHQ Inc. : Lowering Estimates NEUTRAL -0.0900 Q1-08 0.1000 Q2-08 1.4300 FY07 USD * NA NA


THQ Inc. : Solid Quarter, OutlookUnchanged


Tibco Software Inc. TIBX28-Sep-07 P. Sterling

Auty IITibco Software : Final Results BetterThan Pre-announcement; AdjustingEst.


6-Sep-07 P. SterlingAuty II

Tibco Software : Q3Preannouncement Not Surprising;Adj. Est.


Tidewater Inc. TDW27-Jul-07 David C.

SmithTidewater Inc. : Assuming Coverage- 2Q Miss on Higher Costs


Tiffany & Co. TIF7-Sep-07 Brian J.

TunickTiffany & Co : Strong SalesMomentum and Improving Returnson Capital; Raising Est.


Tim Hortons Inc. THI.TO3-Aug-07 John Ivankoe Tim Hortons Inc. : Q2 In Line;

Adjusting Ests. and RemainingNeutral


Time Warner Inc. TWX26-Sep-07 Imran Khan Time Warner : Search Volume on

Track to Grow Sequentially in Q3,Page Views May Decline


8-Aug-07 Imran Khan Time Warner : AOL's Big CustomerAcquires Advertising.com'sCompetitor - ALERT


1-Aug-07 Imran Khan Time Warner : Q2 Results - FirstLook - ALERT


25-Jul-07 Imran Khan Time Warner : Acquisition ofTACODA Positive for AOL, Should




EPS EPS EPS

of 225

Improve Targeting atAdvertising.com

19-Jul-07 Imran Khan Time Warner : AOL Page Views andSearch Volume Grow Q/Q in Q2;Erosion of User Base May HaveStopped


TiVo Inc. TIVO28-Aug-07 Barton

CrockettTivo Inc : F2Q08 Preview:Standalone Subs May Be Light


TNS, Inc. TNS7-Aug-07 Tien-Tsin

HuangTNS, Inc : Encouraging 2Q Beat;Confidence Up, Raising Est.


Toll Brothers, Inc. TOL22-Aug-07 Michael

RehautToll Brothers : 3Q Modestly BeatsStreet; Premium Valuation to GroupDrives Relative Neutral Rating -ALERT



Toll Brothers : Post-Call Notes: LikeOther Builders, Several MarketsWorsen; Lowering Estimates;Maintain Neutral



Toll Brothers : 3Q (July-end)Charges Well Below Average, ButOrders Down Solidly Against EasierComp - ALERT


TOP Tankers Inc. TOPT18-Sep-07 Jonathan

ChappellOil Tanker Industry : Raising '08Tanker EPS Est. on Higher Rates



Top Tankers : Upgrading to N fromUW on Fleet Transformation



Top Tankers : Entering Dry BulkMarket w/ Accret. Acq.; Reit UW

UNDERWEIGHT0.1100 Q2-07 -0.0700 Q3-07 0.1500 FY07 USD * NA NA

Torchmark Corporation TMK19-Jul-07 Jimmy

BhullarTorchmark Corp : Strong Earnings,Mixed Results Overall; Neutral


Tractor Supply Company TSCO



EPS EPS EPS

of 225

23-Aug-07 Nancy Hoch Tractor Supply : Adjusting Estimates NEUTRAL 1.0800 Q2-07 0.4800 Q3-07 2.5400 FY07 USD * NA NA

Transocean Inc. RIG2-Aug-07 Michael K.

LaMotteTransocean Inc. : Visibility of JackupMarket Lacks Depth


1-Aug-07 Michael K.LaMotte

Transocean Inc. : 2Q Beat Is TopLine Driven - ALERT


TreeHouse Foods Inc. THS3-Aug-07 Pablo E.

ZuanicTreehouse Foods : THS BeatsConsensus by 1c



Treehouse Foods : UpdatingEstimates


Trimble Navigation Limited TRMB9-Aug-07 Paul Coster Trimble Navigation : Analyst Day

Takeaways; Raising Ests.OVERWEIGHT 0.3500 Q2-07 0.2700 Q3-07 1.1900 FY07 USD * NA NA

1-Aug-07 Paul Coster Trimble Navigation : 2Q: WellPositioned, Well Executed: Ests Up


31-Jul-07 Paul Coster Trimble Navigation : 2Q07 Preview:Well-Positioned


Trinity Industries, Inc. TRN3-Aug-07 Brannon

CookTrinity Industries, Inc. : Raising07/08 Estimates. Stock Sell OffDespite Favorable Outlook PresentsAttractive Entry Point


2-Aug-07 BrannonCook

Trinity Industries, Inc. : Strong Railand Barge Margin PerformanceDrives 2Q Upside; RaisingEstimates


TriQuint Semiconductor TQNT26-Jul-07 Christopher

DanelyTriQuint Semiconductor : Visibility aLittle Worse and Guidance May beAggressive, Maintain Underweight



TriQuint Semiconductor : Lowers2Q07 EPS Guidance Due toPush-outs from Wireless Customer;Reiterate Underweight


Tronox Incorporated TRX



EPS EPS EPS

of 225

25-Sep-07 Silke Kueck Tronox, Inc. : Uerdingen SaleWithdrawn - ALERT


2-Aug-07 Silke Kueck Tronox, Inc. : We Lower Estimates NEUTRAL -0.4700 Q2-07 0.1300 Q3-07 -0.3000 FY07 USD * NA NA

Trump Entertainment Resorts, Inc. TRMP8-Aug-07 Amir J.

MarkowitzTrump Entertainment Resorts : Soft2Q Results; Remain Neutral


Trustmark Corporation TRMK19-Jul-07 John Pancari Trustmark Corporation : 2Q07 Call

Follow-Up: Raising Ests on SolidResults; Reiterate Neutral


17-Jul-07 John Pancari Trustmark Corporation : RelativelySolid 2Q Should Support Near-TermUpside to Shares - ALERT


TRW Automotive Holdings Corp. TRW2-Aug-07 Himanshu

PatelTRW Automotive : VDO Price TooHigh for TRW


Tsakos Energy Navigation Ltd. TNP11-Jul-07 Jonathan

ChappellTsakos Energy Navigation : MixedEst. Impact on Vessel Sales, NewContracts


TSMC 2330.TW23-Aug-07 Bhavin Shah TSMC: Factoring in a soft patch of

US consumer demandNEUTRAL Q4-07 Q4-07 FY07 TWD 63.00 23-Aug-07 Jun-08

TTM Technologies, Inc. TTMI1-Aug-07 Thomas

DingesTTM Technologies Inc : Right backto the start; Adjusting Estimates


Tupperware Brands Corporation TUP2-Aug-07 Dara W.

MohsenianTupperware Brands : ValuationLooks Attractive Given StrongFundamentals



Tupperware Brands : Strong Q2EPS With Broad-Based Upside



Tupperware Brands : Upgrading toOW and Raising EPS - Improving




EPS EPS EPS

of 225

Fundamentals Not Reflected inValuation

Tween Brands Inc. TWB4-Sep-07 Brian J.

TunickTween Brands Inc. : Highlights fromDinner with Management


23-Aug-07 Brian J.Tunick

Tween Brands Inc. : Deja Vue fromthe Holiday?


Tyco Electronics Ltd. TEL8-Aug-07 Thomas

DingesTyco Electronics Ltd. : Not too badfor a first timer; Adjusting estimates



Tyco Electronics Ltd. : Opening DayFinally Arrives; Initiating Coveragewith a Neutral


Tyco International Ltd. TYC13-Sep-07 C. Stephen

Tusa Jr.Tyco International : RepurchaseAuthorization a Positive - ALERT



Tyco International : Encouraging 3QOVERWEIGHT 0.5500 Q3-07 0.5300 Q4-07 1.9000 FY07 USD * NA NA


Tyco International : ComprehensiveReport Published: TYC a Safe Placeto Be? Upgrading to OW


Tyson Foods, Inc. TSN5-Sep-07 Pablo E.

ZuanicTyson Foods : Cutting Estimates for4Q07 and FY08



Tyson Foods : An Update on theRenewable Energy Programs



Tyson Foods : Clean Beat, MainlyChicken Driven - ALERT



Tyson Foods : What May DriveSentiment on Monday (3Q out)?


U.S. Bancorp USB14-Aug-07 Vivek Juneja U.S. Bancorp : Sharp Rise in

Subprime Mtg Delinq, NonprimeHome Equity Delinq and NCOs -10Q


18-Jul-07 Vivek Juneja U.S. Bancorp : Processing FeesStrong But High Expenses Mar 2Q




EPS EPS EPS

of 225

UAL Corporation UAUA19-Sep-07 Jamie Baker UAL Corp. : United Guides Up;

Estimates Raised SlightlyOVERWEIGHT 1.8300 Q2-07 1.8600 Q3-07 2.4500 FY07 USD * NA NA

UDR, Inc. UDR6-Aug-07 Anthony

PaoloneUDR, Inc. : Model Adjustment NEUTRAL NA Q2-07 NA Q3-07 1.8300 FY07 USD * NA NA


UDR, Inc. : In-Line 2Q; revenuegrowth actually accelerated from 1Q


Ulticom, Inc. ULCM11-Sep-07 P. Sterling

Auty IIUlticom : Q207: Upside fromDelayed Deals: Visibility RemainsLimited


Ultra Clean Holdings, Inc. UCTT24-Jul-07 Jay Deahna Ultra Clean Holdings : C2Q07

Earnings In-Line With Guidance;Mgmt Signals Revenue Trough in3Q; Adj Ests.

OVERWEIGHT 0.2300 Q2-07 0.2100 Q3-07 0.9500 FY07 USD 23.00 23-Feb-07 Mar-08

17-Jul-07 Jay Deahna Ultra Clean Holdings : JPMSemiconWest Presentation -Incrementally Positive ForecastsFrom UCT's Customers

OVERWEIGHT 0.2600 Q2-07 0.3000 Q3-07 1.1500 FY07 USD 23.00 23-Feb-07 Mar-08

Ultra Petroleum Corp. UPL10-Aug-07 Rodney

ClaytonUltra Petroleum Corp : ChangingEstimates Following ConferenceCall



Ultra Petroleum Corp : Q2 FirstTake - Positive - ALERT


UMC 2303.TW7-Sep-07 Bhavin Shah UMC: Revenue largely as expected NEUTRAL NA Q3-07 NA Q4-07 1.01E FY07 TWD 16.40 9-Aug-07 Jun-089-Aug-07 Bhavin Shah UMC: July monthly sales comments:

very strongNEUTRAL NA Q3-07 NA Q4-07 1.01E FY07 TWD 16.40 9-Aug-07 Jun-08

2-Aug-07 Bhavin Shah UMC: 2Q07 results: No signs yet ofany structural improvement inprofitability

NEUTRAL NA Q3-07 NA Q4-07 1.01E FY07 TWD 19.00 8-Dec-06 Jun-07

10-Jul-07 Bhavin Shah UMC: June 07 monthly salescomments

NEUTRAL NA Q3-07 NA Q4-07 0.91E FY07 TWD 19.00 8-Dec-06 Jun-07



EPS EPS EPS

of 225

UniFirst Corporation UNF5-Jul-07 Michael J.

FoxUniFirst : F3Q07 10Q Review OVERWEIGHT 0.5900 Q4-07 NA Q1-08 2.4400 FY07 USD * NA NA

Union Drilling, Inc. UDRL3-Aug-07 Kevin Pollard Union Drilling Inc. : Softness in

Barnett Beginning to Takes its Toll;Lowering Estimates


Union Pacific Corporation UNP20-Jul-07 Thomas R.

WadewitzUnion Pacific : Strong 2Q YieldsProvide Good News; Evidence ofProductivity Gains Despite WeatherHeadwind



Union Pacific : Strong YieldsProvide Good News; Weather SlowsPace of OR Gains - ALERT


UniSource Energy Corp. UNS9-Jul-07 Rajeev

LalwaniUnisource Energy : Filing Supportsour View of More Upside thanDownside


Unisys Corporation UIS25-Jul-07 Christine

PezinoUnisys Corp : Q207 Results Comein Weak; Lowering Ests.; MaintainUW


United Natural Foods,Inc. UNFI4-Sep-07 Stephen

ChickUnited Natural Foods, Inc. : Update:Uphill: WFMI > UNFI; Q4 Review


United Parcel Service, Inc. UPS28-Sep-07 Thomas R.

WadewitzUnited Parcel Service : LikelyTeamster Agreement Provides NearTerm Catalyst.



United Parcel Service : SCSMomentum Likely to Continue ---Highlights from Meetings withManagement


6-Aug-07 Thomas R. United Parcel Service : Union OVERWEIGHT 1.0400 Q2-07 1.0200 Q3-07 4.1400 FY07 USD * NA NA



EPS EPS EPS

of 225

Wadewitz Agreement Could Come Soon--Positive Outlook for UPS Stock


United Parcel Service : Solid GrowthLikely to Continue on InternationalVolumes & SCS MarginImprovement



United Parcel Service : Solid 2Q onStrong International & SCS; Positivefor the Stock - ALERT


United Rentals, Inc. URI2-Aug-07 Stephen

VolkmannCFA

United Rentals, Inc : 2Q Fine; SECletter adds a new wrinkle - ALERT



United Rentals, Inc : Timing of SECletter unclear - ALERT



United Rentals, Inc : StrategicReview Complete, Valuation LooksFull - ALERT


United States Steel Corporation X25-Jul-07 Michael

GambardellaU.S. Steel Corp : No subprime here- 2008 looks great


United Technologies Corporation UTX19-Jul-07 Joseph B.

NadolUnited Technologies : Earnings onTrack Despite Flaws Within Prattand Carrier



United Technologies : First Take onQ2 Earnings - ALERT


United Therapeutics Corporation UTHR.OQ1-Aug-07 Geoffrey

MeachamUnited Therapeutics : No Change toOW Thesis Following 2Q; Adj Ests



United Therapeutics : Upside 2QRemodulin Sales the Key Metric -ALERT



United Therapeutics : TRIUMPHEnrollment A Positive; DataExpected 4Q




EPS EPS EPS

of 225

UnitedHealth Group Inc. UNH6-Aug-07 William

GeorgesUnitedHealth Group : UNH ReceivesFavorable CMS Payment; AdjustingFY07 Estimates



UnitedHealth Group : EPS of $0.87Beats Estimates; Concerns RemainAround Commercial MLR - ALERT



UnitedHealth Group : SecondQuarter Preview: Focus Remains onCommercial MLR; Expect 14% EPSGrowth


Universal Health Services, Inc. UHS27-Jul-07 Andreas

DirnaglUniversal Health Services : UHS:2Q07 Miss of $0.04, ReiterateNeutral. - ALERT


Universal Technical Institute, Inc. UTI14-Sep-07 Edward

YrumaUniversal Technical Institute :Management Shakeup, EnrollmentWeakness Likely Persists -Underweight - ALERT - CorrectedAlert supersedes any previousversions



Universal Technical Institute : 3Q:Engine Stalled, Tough Environment



Universal Technical Institute : StillSputtering; Initiate at Underweight


Unum Group UNM2-Aug-07 Jimmy

BhullarUnum Group : Claims Charge MarsOtherwise Strong Quarter


Urban Outfitters URBN13-Aug-07 Brian J.

TunickUrban Outfitters : Recovery at UrbanTaking Time; Lowering EPSEstimates


URS Corporation URS10-Aug-07 Scott Levine URS Corporation : Energy,

Infrastructure Drive Q2 Beat;Raising Ests




EPS EPS EPS

of 225

9-Aug-07 Scott Levine URS Corporation : Private,State-Local Segments Drive Q2Beat; Guidance Raised - ALERT


USG Corporation USG24-Jul-07 Michael

RehautUSG Corporation : Ex-Tax Rate, 2QReported Below the Street; MaintainUnderweight - ALERT



USG Corporation : Ex-Tax RateBenefit, 2Q Reported Below Street;Lowering Our FY08E, Maintain UWRating


UST Inc. UST10-Aug-07 Erik

BloomquistUST Inc : Sell Off Unwarranted,Strong Fundamentals - ALERT

OVERWEIGHT 0.9000 Q2-07 NA Q3-07 3.3800 FY07 USD 65.00 25-Jan-07 Jan-08


UST Inc : Upgrading Estimates onPremium Strength and Cost Saves

OVERWEIGHT 0.9000 Q2-07 NA Q3-07 3.3800 FY07 USD 65.00 25-Jan-07 Jan-08


UST Inc : Strong Q2 Results:Guidance Raised on Volume Growthand Cost Saves - ALERT

OVERWEIGHT NA Q2-07 NA Q3-07 3.3400 FY07 USD 65.00 25-Jan-07 Jan-08

UTi Worldwide Inc. UTIW7-Sep-07 Thomas R.

WadewitzUTi Worldwide : Solid F2Q; PatienceRequired for Meaningful Upside


6-Sep-07 Thomas R.Wadewitz

UTi Worldwide : Solid F2Q Report;Stock Could Show Relief DespiteLower F08 Guidance - ALERT


V.F. Corporation VFC20-Jul-07 Robert

SamuelsVF Corp. : Housekeeping; AdjustingEstimates


Valassis Communications, Inc. VCI13-Jul-07 Fred W.

SearbyValassis Communications Inc. :Deleveraging Story Hinges onLower YOY Pricing Declines


Valero Energy Corporation VLO31-Jul-07 Daniel Vetter Valero Energy : Still the best value

among large-cap refiners, adj estOVERWEIGHT 3.8100 Q2-07 2.8500 Q3-07 10.4500 FY07 USD * NA NA



EPS EPS EPS

of 225

Validus Holdings, Ltd. VR24-Sep-07 Matthew

HeimermannValidus Holdings : Valuation AlreadyIn Validus Shares/Initiate Neutral


Valley National Bancorp VLY3-Aug-07 John Pancari Valley National Bancorp : Meeting

Highlights: Sticking to its Knitting ina Difficult Market


30-Jul-07 John Pancari Valley National Bancorp : Tweaking07 EPS Estimate Post 2Q


19-Jul-07 John Pancari Valley National Bancorp : 2Q EPSUpside Driven by Lower Tax Rate,but Credit Slipped - ALERT


ValueClick, Inc. VCLK31-Jul-07 Imran Khan ValueClick : Media Segment Shows

Weakness but Other SegmentsStrong; Adjusting Estimates


17-Jul-07 Imran Khan ValueClick : Acquisition ofMeziMedia Broadens Exposure toComparison Shopping Segment


ValueVision Media, Inc. VVTV23-Aug-07 Barton

CrockettValueVision Media Inc : F2Q07React: Light, As expected, Guidancemaintained


Vanda Pharmaceuticals Inc. VNDA27-Sep-07 Adam

GreeneVanda Pharmaceuticals :Iloperidone Filed Ahead of Schedule- ALERT


10-Aug-07 AdamGreene

Vanda Pharmaceuticals :Bifeprunox's Setback Should BeVanda's Gain - ALERT


2-Aug-07 AdamGreene

Vanda Pharmaceuticals : ClinicalPrograms On Track; ReiterateOverweight


Varian Semiconductor VSEA6-Sep-07 Jay Deahna Varian Semiconductor Equipment :

Raising Price Target to $69 from$57; Raising Ests.




EPS EPS EPS

of 225

27-Aug-07 Jay Deahna Varian Semiconductor Equipment :2007 Analyst Day: Sitting In TheSweet Spot


30-Jul-07 Jay Deahna Varian Semiconductor Equipment :Raising Price Target To $57 From$47


27-Jul-07 Jay Deahna Varian Semiconductor Equipment :F3Q07 Results - Share Gain andMargin Expansion Story Has Legs,Raising EPS Estimates


VCA Antech, Inc. WOOF27-Jul-07 Dawn Brock VCA Antech Inc. : Another "Beat

and Raise"; Reiterate OW; $46 PTOVERWEIGHT 0.4200 Q2-07 0.3800 Q3-07 1.4000 FY07 USD * NA NA

Vectren Corporation VVC16-Aug-07 Glenn B.

MullinVectren Corp : VVC South - ElectricSettlement Approved - ALERT



Vectren Corp : NT Focus on RateCases; LT Focus on Projects



Vectren Corp : Terminates Plan toBuild IGCC Plant - ALERT


Venoco, Inc. VQ14-Aug-07 Joseph D.

AllmanVenoco, Inc. : Earnings Miss, ButVQ Reaffirms Production Guidance -ALERT


Verenium Corporation VRNM8-Aug-07 Jeffrey J.

ZekauskasVerenium Corporation : We LowerEstimates


VeriFone Holdings, Inc. PAY7-Sep-07 Tien-Tsin

HuangVeriFone : Nice Clean F3Q Beat;Raising Estimates



VeriFone : Nice NYC Taxi Win:Introduces Attractive RecurringRevenue Potential - ALERT


Verisign, Inc. VRSN27-Jul-07 P. Sterling

Auty IIVeriSign : Key FranchisesPerforming Well; Strategic Changes




EPS EPS EPS

of 225

Coming16-Jul-07 P. Sterling

Auty IIVeriSign : March 10-Q Filed; ShareRepurchases Can Resume - ALERT


Verizon Communications Inc. VZ.N31-Jul-07 Jonathan

ChaplinVerizon Communications : SolidWireless Results; Wireline MarginsSoft



Verizon Communications :Second-Quarter 2007 Preview -ALERT



Verizon Communications : Reports2Q07 Wireless Net Adds - ALERT


Viacom, Inc. VIAb3-Aug-07 Imran Khan Viacom Inc : Q2: Generally In-line

Revenue; Better Than ExpectedOperating Income


2-Aug-07 Imran Khan Viacom Inc : Q2 Results at FirstGlance - ALERT


26-Jul-07 Imran Khan Viacom Inc : TransformersOutperform our Expectations; CanDrive Q3 Operating Income andEPS Upside


Virgin Media VMED8-Aug-07 Jerry Dellis Virgin Media: Mixed Q2; bidders will

be mindful of weak cable revenues -ALERT

NEUTRAL NA Q3-07 NA Q4-07 NA FY07 USD 28.40 27-Jun-07 Dec-07

VistaCare, Inc. VSTA9-Aug-07 Dawn Brock VistaCare, Inc : Profitability Pushed

Off to F1Q08; Stay Neutral. Adj.Ests.


Visteon Corporation VC2-Aug-07 Himanshu

PatelVisteon Corporation : DecentQuarter, Halla Floor ProvidesIntriguing Valuation



Visteon Corporation : 2Q Beats onBetter SGA Control; GuidanceUnchanged - ALERT




EPS EPS EPS

of 225

Volcano Corporation VOLC3-Aug-07 Michael N.

WeinsteinVolcano Corporation : Solid Quarter;IVUS Usage on the Upswing



Volcano Corporation : Long-TermOutlook Unchanged; Sell-OffCreates Buying Opportunity



Volcano Corporation :Fundamentals Intact, OutlookStrong; Reiterate Overweight


Voltaire Ltd. VOLT4-Sep-07 Mark

MoskowitzVoltaire : Initiating at Neutral;Intriguing Growth Story, but Market,Competitive & Macro DynamicsWeigh


Vulcan Materials Company VMC.N31-Jul-07 Mike Betts Vulcan Materials : Reducing EPS

estimates by 4-10% and price targetfrom $125 to $121. RetainingOverweight rating

OVERWEIGHT 1.4600 Q2-07 NA Q3-07 5.4100 FY07 USD 121.00 31-Jul-07 Jun-08

W&T Offshore, Inc. WTI13-Jul-07 Joseph D.

AllmanW&T Offshore, Inc. : ReducedProduction Guidance; StockProbably Declines More


W.W. Grainger, Inc. GWW20-Aug-07 C. Stephen

Tusa Jr.W.W. Grainger : Accelerated ShareRepurchase Program a Positive;Adj. Estimates



W.W. Grainger : Initial Take On 2Q -ALERT


Wabtec Corporation WAB.N24-Sep-07 Brannon

CookWabtec Corp : Analyst DayHighlights Longer TermOpportunities and Strong TransitDemand



Wabtec Corp : Strong 2Q Results;Favorable Transit Trends ShouldDrive 2H Upside. Raising 07 and 08




EPS EPS EPS

of 225

Estimates26-Jul-07 Brannon

CookWabtec Corp : Strong TransitDemand Drives 2Q Upside - ALERT



Wabtec Corp : Diversified ModelShould Support Growth Through theCurrent Cycle; Initiate at Overweight


Wachovia Corporation WB23-Jul-07 Vivek Juneja Wachovia Corporation : 2Q: Mkts

Rev, Credit Quality Offset NIM,Expenses


5-Jul-07 Vivek Juneja Wachovia Corporation : TweakingEstimate Down for Golden WestNIM


Wal-Mart Stores, Inc. WMT14-Aug-07 Charles

GromWal-Mart Stores, Inc. : OpportunityCost, Downgrade Back To Neutral



Wal-Mart Stores, Inc. : Reading ThePrint - What To Look For In 2Q07EPS



Wal-Mart Stores, Inc. : SeiyuStruggles Continue


Warner Chilcott Ltd. WCRX11-Aug-07 Adam

GreeneWarner Chilcott : An In-line 2Q AfterAdjustments


Washington Mutual, Inc. WM19-Jul-07 George A.

SaccoWashington Mutual : 2Q07: HigherMortgage Revenues, but ReducedReserves Despite Higher CreditLosses - ALERT


Waste Connections, Inc. WCN4-Sep-07 Scott Levine Waste Connections : Announces

Sizable Integrated Acquisition inColorado; Raising Estimates


24-Jul-07 Scott Levine Waste Connections : AdjustingEstimates Following Volume-DrivenBeat


23-Jul-07 Scott Levine Waste Connections : Getting Q2 NEUTRAL 0.3400 Q2-07 0.3800 Q3-07 1.3900 FY07 USD * NA NA



EPS EPS EPS

of 225

Earnings Season Off on the RightFoot - ALERT

Waste Industries USA, Inc. WWIN1-Aug-07 Scott Levine Waste Industries USA, Inc. :

Margins Up Despite Roll-offWeakness; Raising Ests


Waste Management, Inc. WMI31-Jul-07 Scott Levine Waste Management : Q2 Pre-Call:

Margins Still the Primary Source ofUpside - ALERT


Watsco, Incorporated WSO23-Jul-07 Curtis

WoodworthWatsco Inc : Second Chance to BuyQuality LT Growth Story



Watsco Inc : Watsco Acquires ACRGroup for $6.75/share; Adds 54Locations to Existing Base - ALERT


WCA Waste Corporation WCAA24-Sep-07 Scott Levine WCA Waste Corporation :

Management Meeting HighlightsAcquisitions, Expansion Plans


2-Aug-07 Scott Levine WCA Waste Corporation : One-OffsDrive Q2 Miss; Trimming Estimates


2-Jul-07 Scott Levine WCA Waste Corporation :Strengthens Houston Presence WithSizable Swap - ALERT


WD-40 Company WDFC11-Jul-07 Jeffrey J.

ZekauskasWD-40 Company : We ReduceEstimates



WD-40 Company : WDFC F3QResults Miss Expectations - ALERT


Weatherford International Ltd. WFT23-Jul-07 Michael K.

LaMotteWeatherford International Ltd. :Raising Est. on Acquisitions &Lower Tax Rate



Weatherford International Ltd. :Risks Are Priced In: Upgrade to




EPS EPS EPS

of 225

Neutral

Websense Inc. WBSN16-Aug-07 P. Sterling

Auty IIWebsense : Surf ControlShareholders Approve Merger -ALERT



Websense : Upgrading to OWAhead of Renewal Wave


Weight Watchers International, Inc. WTW13-Aug-07 Dara W.

MohsenianWeight Watchers International :Adjusting Quarterly Flow of EPS, FYUnchanged



Weight Watchers International :Strong Q2 Driven By Monthly Pass,but NA Recruitment Remains Soft


Weingarten Realty Investors WRI27-Jul-07 Michael

MuellerWeingarten Realty Investors : $0.02beat on gain timing; Strategic planon track

UNDERWEIGHT NA Q2-07 NA Q3-07 3.02** FY07 USD * NA NA


Weingarten Realty Investors : ModelAdjustment



Weingarten Realty Investors : ModelAdjustment


WellCare Health Plans, Inc. WCG2-Aug-07 William

GeorgesWellCare Health Plans : 2Q EPS of$1.30 Well Ahead of Estimates;Raises 2007 Guidance - ALERT


2-Aug-07 WilliamGeorges

WellCare Health Plans : 2Q WellAhead of Estimates on MA and PartD


WellPoint, Inc. WLP31-Aug-07 William

GeorgesWellPoint Inc. : UpbeatManagement Meetings; Look forImproved 2H07 Operating Results



WellPoint Inc. : In-line QuarterOverlooked on More ChallengedGrowth Outlook


23-Jul-07 William WellPoint Inc. : Second Quarter OVERWEIGHT 1.3500 Q2-07 1.4400 Q3-07 5.5400 FY07 USD * NA NA



EPS EPS EPS

of 225

Georges Preview: Expect in-line EPS

Wells Fargo & Company WFC18-Jul-07 Vivek Juneja Wells Fargo : Strong Cap Mkts Rev,

Subprime Ltd Impact in 2QOVERWEIGHT 0.6700 Q2-07 0.6900 Q3-07 2.7100 FY07 USD * NA NA

Wendy's International WEN27-Jul-07 John Ivankoe Wendy's Int'l : 2Q Cost Beat

Matched With Still Sluggish Sales.Maintain UW & Prefer MCD & BKC.Adjusting Ests.


Werner Enterprises, Inc. WERN19-Jul-07 Thomas R.

WadewitzWerner Enterprises : In Line 2Q;Fleet Reduction / Cost Control arePositive but Market is Still Tough


WESCO International, Inc. WCC8-Aug-07 Curtis

WoodworthWesco : Removing from Focus Listowing to Stop Out Rules; Don't StopBelieving in Business Model - ReitOW


WestAmerica Bancorp. WABC17-Jul-07 John Pancari Westamerica Bancorporation : 2Q

Follow-Up: Above Peer CreditQuality Intact, Despite Blip; EPSRemains Pressured


Western Digital Corp. WDC11-Sep-07 Mark

MoskowitzWestern Digital : Double Dose ofPositives, Although SustainabilityQuestionable; Adj. Ests.



Western Digital : WD CompletesKomag Acquisition - ALERT



Western Digital : Nascent HDDOptimism and Seagate's Pre-LaborDay Treat Lift Outlook; Adj. Ests.



Western Digital : No 2H Snapback inMargins; Momentum in Notebookand Branded Slows; Adj. Ests.




EPS EPS EPS

of 225

Western Refining, Inc. WNR9-Aug-07 Daniel Vetter Western Refining : Premium

Valuation Unjustified; ReiterateUnderweight Rating; adj est


Westlake Chemical Corporation WLK3-Aug-07 David Silver Westlake Chemical Corp :

Polyethylene Strengthens; WeAdjust Estimates


Westwood One, Inc. WON9-Aug-07 John

BlackledgeWestwood One, Inc. : 2Q07 FirstGlance: Mixed Results; Soft 3Q07Expectations - ALERT



Westwood One, Inc. : WON FacingFurther Challenges; Reiterate UW



Westwood One, Inc. : New CFO,CEO Search Begins, and CBS DealMay be Completed by August -ALERT


Weyerhaeuser Company WY3-Aug-07 Claudia K.

ShankWeyerhaeuser Company : Pre-CallNote: Low Corp. Expense HelpsDrive 2Q Beat - ALERT


WGL Holdings, Inc. WGL.N26-Sep-07 Glenn B.

MullinWGL Holdings Inc. : VA SettlementApproved as Expected - ALERT



WGL Holdings Inc. : Retail Drives aBreakout Quarter


Whirlpool Corporation WHR20-Jul-07 Michael

RehautWhirlpool : Ex-Tax Rate andPension Charge, 2Q ModestlyAbove Street; FY07 GuidanceReiterated; Raising FY08E


Whitney Holding Corp. WTNY24-Jul-07 John Pancari Whitney Holding Corp. : Challenging

2Q; Missed Ests on NIM andNEUTRAL 0.5200 Q2-07 0.5500 Q3-07 2.2000 FY07 USD * NA NA



EPS EPS EPS

of 225

Expense Pressure - ALERT24-Jul-07 John Pancari Whitney Holding Corp. : 2Q07

Recap: Core Trends RemainChallenged; Reiterate Neutral


Whole Foods Market, Inc. WFMI24-Aug-07 Stephen

ChickWhole Foods : OATS Acquisition:FTC Appeal Denied; Positive -Overweight



Whole Foods : Court Ruling FavorsWFMI > FTC: OATS Deal;Favorable - Overweight



Whole Foods : Q307 Review;Overweight



Whole Foods : Update - SECInformal Inquiry; Overweight -ALERT



Whole Foods : Noise; Overweight OVERWEIGHT 0.3100 Q3-07 0.2200 Q4-07 1.2200 FY07 USD * NA NA

Wild Oats Markets, Inc. OATS17-Aug-07 Stephen

ChickWild Oats : Downgrade toUnderweight from Neutral;Risk/Reward - Move Into WFMI(OW)


Wiley John & Sons Inc. JWa13-Sep-07 David Lewis John Wiley : Update after F1Q08

Earnings Call; Like Entry PointAhead of Cost Saves


11-Sep-07 David Lewis John Wiley : Solid F1Q08; Blackwellacquisition accretive in quarter


24-Jul-07 David Lewis John Wiley : Blackwell IntegrationRemains on Schedule


Williams Companies, Inc. WMB13-Sep-07 Glenn B.

MullinWilliams Companies : Pipeline MLPRegistration Statement Filed -ALERT



Williams Companies : Progress onAll Fronts



Williams Companies : Good 2Q07;Increasing EPS & Capex Guidance -




EPS EPS EPS

of 225

ALERT20-Jul-07 Glenn B.

MullinWilliams Companies : Pipeline MLP& Share Buyback - Positive - ALERT


Willis Group Holdings Limited WSH2-Aug-07 Matthew

HeimermannWillis Group Holdings Limited : 2QLower On Non-Core +Growth/Margins In-Line



Willis Group Holdings Limited :Lowering EPS For 2Q AndRepurchases


Windstream Corporation WIN.N8-Aug-07 Jonathan

ChaplinWindstream Communications :2Q07 Quick Take - ALERT



Windstream Communications :Mostly In-Line 2Q07 Results


Wisconsin Energy Corporation WEC6-Sep-07 Seth Tennant Wisconsin Energy Corp : Swapping

Regulated Growth Stocks onRelative Valuation: Upgrade WEC toOW, Downgrade NU to N, Adj. Ests.


31-Jul-07 Seth Tennant Wisconsin Energy Corp : SolidQuarter, Not As Strong as theHeadline - ALERT


WJ Communications, Inc. WJCI3-Aug-07 Paul Coster WJ Communications : 2Q07

Results: Going Fabless Pays OffWith Breakeven But 2H Is Tough


2-Aug-07 Paul Coster WJ Communications : 2Q07Preview: On Margin Watch


Wm. Wrigley Jr. Company WWY30-Jul-07 Pablo E.

ZuanicWM Wrigley Jr : Quick Take on2Q07 Results



WM Wrigley Jr : What May DriveSentiment on Monday (2Q07 Out)



WM Wrigley Jr : Updating Estimates NEUTRAL 0.5600 Q2-07 0.6000 Q3-07 2.2400 FY07 USD * NA NA



EPS EPS EPS

of 225

WMS Industries Inc. WMS8-Aug-07 Harry C.

CurtisWMS Industries : Positive FreeCash Flow Surprise


WNS (Holdings) Limited (ADR) WNS11-Sep-07 Christine

PezinoWNS Holdings Ltd. : RestructuresTop Management, Current CFO toExit, New COO Appointed - ALERT



WNS Holdings Ltd. : First MagnusFiles for Bankruptcy; Lowering Ests.to Reflect Company Guidance


World Fuel Services Corporation INT13-Aug-07 Jonathan

ChappellWorld Fuel Services Corp :Lowering Est. as Tax Rate, Costsoffset Strong Vols.



World Fuel Services Corp : MarineProfits, Higher Taxes Drive Modest2Q EPS Shortfall, Reiterate OW -ALERT


Worthington Industries, Inc. WOR27-Sep-07 Michael

GambardellaWorthington Industries : Deliveringon cost cutting, but Metal Framingstill struggling - Raising EPS


16-Aug-07 MichaelGambardella

Worthington Industries : F1Qpre-announcement on MetalFraming weakness - Lowering EPS


Wright Express Corporation WXS8-Aug-07 Tien-Tsin

HuangWright Express : Stable Trends,Upside on Hedge and Charge-offs;Raising Est


WuXi PharmaTech (Cayman) Inc. (ADR) WX18-Sep-07 Tycho

PetersonWuXi PharmaTech : Leading theWay for China CROs


Wyndham Worldwide Corporation WYN2-Aug-07 Harry C.

CurtisWyndham Worldwide : MixedResults And Outlook.




EPS EPS EPS

of 225


Wyndham Worldwide : Beats OnCorporate Costs Again.


Wynn Resorts, Limited WYNN7-Aug-07 Harry C.

CurtisWynn Resorts : Results evenstronger than anticipated. Raisingestimates


Xcel Energy Inc. XEL25-Jul-07 Andrew

SmithXcel Energy : Guiding to High Endof Range on Solid, In Line 2Q07EPS - ALERT


Xerox Corporation XRX26-Jul-07 Bill C. Shope

CFAXerox Corporation : A Mixed QuarterCould Pressure the Shares in theNear-Term



Xerox Corporation : Quick Take onXerox 2Q07 Results - ALERT



Xerox Corporation : 2Q Preview:Tracking the Post-Sales Curve


Xilinx, Inc. XLNX20-Jul-07 Christopher

DanelyXilinx : Another Disappointment,Checks Indicate Xilinx Losing Share,Reiterate Neutral


Xinhua Finance Media Limited (ADR) XFML9-Jul-07 Imran Khan Xinhua Finance Media : XFML

Raises Q2 Guidance; Upside fromOrganic Growth and Acquisitions -ALERT


XL Capital Ltd. XL25-Jul-07 Matthew

HeimermannXL Capital Ltd. : 2Q A Repeat of1Q/Balance Sheet Drives Upside



XL Capital Ltd. : Raising EPSModestly, Trends Remain Sound


XTO Energy Inc. XTO26-Jul-07 Joseph D. XTO Energy : Updating Model After OVERWEIGHT 1.1400 Q2-07 NA Q3-07 4.6400 FY07 USD * NA NA



EPS EPS EPS

of 225

Allman the Conference Call24-Jul-07 Joseph D.

AllmanXTO Energy : Another StrongQuarter Highlighted by theCompany's First Well in theWoodford - ALERT


Yahoo! Inc. YHOO5-Sep-07 Imran Khan Yahoo Inc : Acquisition of Blue

Lithium is Strategically Sound;Reiterate Overweight Rating


9-Aug-07 Imran Khan Yahoo Inc : Decker buys $1.1MShares in the Company - ALERT


18-Jul-07 Imran Khan Yahoo Inc : 2Q'07 O&O GrowthImproving and Business InvestmentIncreases; Adjusting Estimates


YRC Worldwide Inc. YRCW27-Jul-07 Thomas R.

WadewitzYRC Worldwide : 2Q Slightly AboveForecast but Outlook is Difficult;Lowering EPS



YRC Worldwide : Soft MarketMagnifies Structural Issues;Assuming Coverage & Downgradingto Underweight



YRC Worldwide : Soft MarketMagnifies Structural Issues;Assuming Coverage & Downgradingto Underweight


Yum! Brands, Inc. YUM.N12-Jul-07 John Ivankoe Yum Brands : Adjusting Estimates.

Lower China Growth Offset by YRIStrength and US Margins


Zale Corporation ZLC28-Sep-07 Brian J.

TunickZale Corporation : BB&B Sold toFinlay; Adjusting Est.


18-Sep-07 Brian J.Tunick

Zale Corporation : Quick ThoughtsFrom Meeting with Signet, ZLC'sLargest Competitor - ALERT


10-Sep-07 Brian J.Tunick

Zale Corporation : Highlights fromMeeting with Management;Lowering Estimates




EPS EPS EPS

of 225

Zimmer Holdings, Inc. ZMH27-Jul-07 Michael N.

WeinsteinZimmer Holdings : UpdatingEstimates Following 2Q07 Results


Zions Bancorporation ZION26-Sep-07 Steven

AlexopoulosZions Bancorporation : UpdatePoints to Accelerated CreditDeterioration, A Leading IndicatorMakes us More Bearish on Banks



Zions Bancorporation : 2Q07Review: Zions Beats Estimates OnStandout Second Quarter, ReaffirmOverweight Rating


Zoran Corporation ZRAN10-Aug-07 Paul Coster Zoran Corp : The Price is Right:

Upgrading to OverweightNEUTRAL 0.3300 Q2-07 0.3800 Q3-07 NA FY07 USD * NA NA

24-Jul-07 Paul Coster Zoran Corp : Strong 2Q, SolidGuidance: Smile for the Cameras.Adj. Ests.


20-Jul-07 Paul Coster Zoran Corp : Assuming Coverage:No Change to Ratings




EPS EPS EPS

of 225

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