Research Industry and Issuer Coverage LOS ANGELES 10100 Santa Monica Boulevard Credit Trading Desk Analysis Coverage Los Angeles, CA 90067 (310) 246-3700/(800) 929-2299 As of November 1, 2018
NEW YORK 277 Park Avenue Capital Structure, Publishing and Desk Analysis New York, NY 10172 Head of Institutional Research Group, (212) 351-9700/(800) 371-7087 ° Edward P. Mally, CFA Distressed/Special Situations/Event-driven LONDON Security/Technology/Chemicals/Industrials Imperial Capital (International) LLP Metals/Mining, Paper/Forest Products/Packaging, One Eagle Place ° Kevin Cohen, CFA London SW1Y 6AF Publishing/Printing/Internet +44 (0) 207 650 5400 ° Matthew Farwell, CFA Coal, Energy/E&P, Independent Power Producers Consumer/Retail, Food/Restaurants BOSTON ° Mary Ross Gilbert, CFA 265 Franklin Street ° Kurt M. Hoffman Distressed/Special Situations/Event-driven Desk Boston, MA 02110 Analysis (617) 478-7600/(888) 478-9696 ° Peter Kawada European Distressed/Special Situations Desk Analysis CHICAGO ° Menelaos Tzagkournis European Distressed/Special Situations Desk Analysis 200 South Wacker Drive Chicago, IL 60606 ° Megan Barnett Associate (312) 674-4721 ° Booker Smith Associate
HOUSTON 1330 Post Oak Boulevard Credit Trading Desk Analysis Houston, TX 77056 ° Jonathan Glionna, CFA European and International Banks (713) 892-5601 ° David Havens Global Insurance and Domestic Banks MINNEAPOLIS Amy Hazelton European and Domestic Bank Hybrids, Industrial Hybrids 60 South Sixth Street ° Minneapolis, MN 55402 ° Eriko Miyazaki-Ross Emerging Markets Corporates (612) 692-6900
PALM BEACH Equity and Industry Analysis 3801 PGA Boulevard Palm Beach Gardens, FL 33410 ° Michael Derchin Airlines/Transportation and Related (561) 214-7901 ° Irene Haas Energy (Exploration and Production)
SAN FRANCISCO ° Adam Hackel Airlines/Transportation and Related One California Street ° George Kelly, CFA Consumer San Francisco, CA 94111 (415) 615-4000 ° Jeff Kessler Technology Enabled Services ° Saliq Khan Technology Enabled Services STAMFORD 1 Landmark Square ° David W. Miller Media/Entertainment Stamford, CT 06901 ° Jason Wangler Energy (Exploration and Production) (203) 428-3300 Energy Services
° Claire Ye Associate, Energy (Exploration and Production)
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Industry and Issuer Coverage Assignments
Airlines and Transportation and Related (Equities) 19 Companies ° Air Transport Services Group ° Hawaiian Holdings, Inc. Michael Derchin ° Alaska Air Group ° JetBlue Airways Corp. [email protected] ° Allegiant Travel ° Mesa Air Group (212) 351-9793 ° American Airlines Group ° SkyWest Airlines ° Atlas Air Worldwide Holdings, Inc. ° Southwest Airlines Co. ° Controladora Vuela Compania Aviacion ° Spirit Airlines ° Copa Holdings SA ° United Continental Holdings ° Delta Air Lines
Adam Hackel ° Amadeus IT Group ° Sabre Corp. [email protected] ° Construction Partners ° Travelport Worldwide (212) 351-9413
Chemicals 8 Companies ° Chemours Company ° Ineos Group Holdings Edward P. Mally, CFA ° Cornerstone Chemical Company ° MPM Holdings [email protected] ° FMC Corp. ° Perstorp (212) 351-9768 ° Hexion Inc. ° TPC Group
Coal, Fertilizers, Independent Power Producers and Energy Services/Industrials 54 Companies ° Alliance Resource Partners ° K+S AG Matthew Farwell, CFA ° Alpha Natural Resources Inc. ° LSB Industries, Inc. [email protected] ° Arch Coal Corporation ° Marathon Petroleum Corp. (310) 246-3626 ° Armstrong Energy, Inc. ° Murray Energy ° Aventine Renewable Energy ° New World Resources N.V. ° Bibby Offshore ° North Atlantic Drilling Ltd. ° Bluewater ° NRG Energy ° CF Industries Holdings, Inc. ° Pacific Drilling S.A. ° Carillion plc ° Patriot Coal Corporation ° CGG ° Peabody Energy Corporation ° Cloud Peak Energy ° Petroleum Geo-Services ° CONSOL Energy ° PPL Energy Supply, LLC ° Corral Petroleum Holdings (PREEM) ° Rockpoint Gas Storage ° DTEK Holdings Inc. ° Renewable Energy Group, Inc. ° Dynegy, Inc. ° Rowan Companies plc ° Edison Mission Holdings ° Seitel, Inc. ° Energy Future Holdings Corp. ° Shelf Drilling Holdings, Ltd. ° Entegra Power Group, LLC ° Suncoke Coal Corporation ° FirstEnergy Solutions ° Teck Resources Ltd. ° Foresight Energy, LLC ° Valero Energy Corporation ° GenOn Energy, Inc. ° Viridian ° Green Plains Renewable Energy ° Walter Energy ° GT Advanced Technologies Inc. ° Warrior Met Coal, Inc. ° Homer City Generation L.P. ° Weatherford International ° InterGen N.V. ° Welltec ° James River Coal Corporation ° Westmoreland Coal ° KCA Deutag ° Xinergy Corporation
Consumer 12 Companies ° 24 Hour Fitness Worldwide, Inc. ° Harland Clarke ° Acosta Marketing, Inc. ° High Ridge Brands, Inc. Mary Ross Gilbert, CFA ° Apex Tool Group, LLC. ° Iceland Foods Group Ltd. [email protected] ° Cengage Learning ° Pyxus International, Inc. (310) 246-3757 ° Dutch Lion B.V. ° Revlon, Inc. ° Gibson Brands, Inc ° We Work Companies, Inc.
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Consumer (Equities) 14 Companies
George Kelly, CFA ° Acushnet Holdings Corp. ° Lindblad Expeditions [email protected] ° Brunswick Corporation ° MINDBODY, Inc. (212) 351-9476 ° Callaway Golf Company ° National Beverage. ° ClubCorp Holdings, Inc. ° Nautilus, Inc. ° Drive Shack ° Planet Fitness, Inc. ° Freshpet, Inc. ° Town Sport International Holdings ° Johnson Outdoors ° YogaWorks, Inc.
Distressed/Special Situations/Event-Driven 173 Companies Kurt M. Hoffman (Desk Analysis) ° A123 Systems, Inc. ° Lumara Health, Inc. [email protected] ° Adelphia ° Luxfer Holdings PLC (561) 214-7914 ° Affinion Group Holdings ° Lyondell (stubs) ° Alcatel-Lucent Trust Preferred ° Mallinkrodt ° Allen Systems Group ° Marathon Oil ° Altegrity, Inc. ° Marsico Capital ° Amarin Corporation ° Mesa Air ° Ambac Financial Group ° MGIC Investment Corporation ° American Greetings Corp. ° MIG, LLC ° American Realty Capital Properties ° Mirant Corporation ° ARCP Common ° MPLX LP ° Aspect Software Group ° MonaVie Inc. ° Atlanticus Holdings Corporation ° Motors Liquidation (GM) ° Avanti Communications ° MPG Office Trust, Inc. ° Avaya Inc. ° NCSG Crane & Heavy Haul ° Baker Hughes Incorporated ° Nelnet Jr. Subordinated Hybrids ° Blueknight Energy Partners ° NMI Holdings ° CDC Corporation ° Novatel Wireless, Inc. ° Chelsea Therapeutics ° Ocwen ° Cincinnati Bell Telephone Company ° Overseas Shipholding Group ° Civeo Corporation ° Par Petroleum ° C&J Energy Services ° pbb Deutsche Pfandbriefbank ° Cobalt International ° Permian Tank & Manufacturing ° Cole Real Estate Investments ° Petroplus Holdings AG ° Colt Defense LLC ° PHI Inc. ° Concordia International ° Pioneer Energy Services ° Cooper Tire & Rubber ° PMI Group, Inc. ° CoreLogic, Inc. ° PR WIRELESS, INC. ° Crestwood Midstream ° Primus Telecommunications ° Dendreon Corp. ° Quebecor ° DigitalGlobe Inc. ° Quiznos ° Doral Financial Preferred ° Radian Group ° Dulles Greenway Toll Road ° Redwood Trust ° Dynagas LNG Partners ° Residential Capital ° Energy Future Holdings ° Retail Value, Inc. ° Enova International ° Romacorp. ° Erickson ° Royal Imtech NV ° Forbes Energy Services ° SAExploration ° Garden Fresh Restaurant Corp. ° Samson Oil & Gas ° Gazprom ° Sanofi CVR ° General Motors ° Seacore Marine ° GeoKinetics Inc. ° School Specialty ° Global Power ° Select Income REIT ° Gramercy Capital Corp. Preferred ° SMART Technologies Inc. ° GSV Capital Corp ° Smurfit Stone (stubs) ° Gulfmark Resources ° Spanish Broadcasting ° Harbinger Group Inc. ° Stallion Oilfield Services ° HC2 Holdings ° Star Scientific Tobacco Escrow
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Distressed/Special Situations/Event-Driven (continued) Kurt M. Hoffman (Desk Analysis) ° Hornbeck Offshore ° Stratus Technologies [email protected] ° Hostess Brands Inc. ° Sungard Availability Services (561) 214-7914 ° Imperial Holdings Inc. ° Syncora Guarantee Inc. ° Imtech Capital B.V ° Thomas Jefferson Law School ° Integra Telecom ° THQ, Inc. ° Intelsat SA ° Tidewater Inc. ° IVG Immobilien AG ° Town Sports ° Jason Industries, Inc. ° Trident Holding Company, LLC ° Jazz Technologies, Inc. ° United Subcontractors, Inc. ° KGen Power Corporation ° Valeant Pharmaceuticals ° KLX, Inc. ° Vantage Drilling ° Koosharem Bank Debt ° Washington Mutual ° KV Pharmaceutical Company ° William Lyon Homes ° LBI Media, Inc. ° W.R. Grace ° Lear Corp. (stubs) ° Yahoo!, Inc. ° Linn Energy ° Yellow Media, Inc. ° LodgeNet Interactive
Edward P. Mally, CFA ° Abe Investment/Getty Images Inc. ° Montichem [email protected] ° Consus Real Estate AG ° New Look Retail Group LTD (212) 351-9768 ° Douglas/Kirk Beauty One GmbH ° Shop Direct Ltd ° Edcon ° Steinhoff International Holdings NV Menelaos Tzagkournis ° House of Fraser ° Sunshine Oil Sands [email protected] ° IKKS ° TES Finance +44 (0) 20 7650 5436
Matthew Farwell, CFA ° Capita plc ° Zim Integrated Shipping Services [email protected] (310) 246-3626
Kevin Cohen, CFA ° Ahern Rentals ° Exide Technologies [email protected] ° Airxcel, Inc. ° Expro Group (212) 351-9774 ° Algeco Scotsman ° Ferrellgas Partners, L.P ° American Axle &Manufacturing ° Floatel International Ltd ° American Commercial Barge Line ° Hertz Global Holdings, Inc. ° APTIM ° Hi-Crush Partners ° Armtec ° Husky ° Aryzta AG ° Koppers Holdings Inc. ° BigTex Trailers ° Loxam SAS ° Calumet Specialty Products ° Neovia Logistics ° CEVA Group ° Nesco Rentals ° Citgo Holding ° Remington Outdoor Company ° CMA CGM ° Selecta Group B.V. ° EA Partners ° syncreon ° Eletson Holdings, Inc. ° VistaJet
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Emerging Markets (Credit Trading Desk Analysis) 45 Companies
Eriko Miyazaki-Ross ° Albanesi ° Gerdau [email protected] ° Alfa/Alpek ° Gran Tierra Energy +44 (0) 207 650 5418 ° Ajecorp B.V. ° Grupo Kaltex ° Andrade Gutierrez ° JBS S.A. ° Becle SAB de CV ° Klabin ° Braskem ° Marfrig Global Foods ° BRF S.A. ° Minerva Foods ° Caribbean Debt Recovery ° Odebrecht Engenharia e Construção ° Cell C Limited ° Odebrecht Oil & Gas ° Codere ° Offshore Drilling Holding ° Colombia Telecom ° Oi S.A. ° Companhia Siderúrgica Nacional ° Petra Diamonds ° Danagas ° Petrobras ° DNO ° Reliance Communications/GCX ° Digicel Group Limited ° Roust Corporation ° Eldorado Brasil ° Samarco ° Embraer ° Seadrill Ltd. ° Enjoy ° Seadrill Partners ° Fairhold Securitisation ° Stoneway ° Fibria ° Suzano ° Frontera Energy ° Topaz Marine ° Genel ° Vale S.A. ° Geopark
Energy, Exploration & Production 25 Companies
Matthew Farwell, CFA ° Amplify Energy Corp. ° Gulf Keystone [email protected] ° Ascent Resources Utica Hldgs ° Jupiter Resources (310) 246-3626 ° Athabasca Oil Corporation ° Kosmos ° Bonanza Creek ° MEG Energy Corp. ° Bristow Group ° Oasis Petroleum ° California Resources ° Rex Energy Corp. ° Canbriam Energy ° Seven Energy International ° Chaparral Energy, Inc. ° Silverbow Resources ° Denbury Resources, Inc. ° Tapstone Energy ° DNO ° Tullow Resources ° Eclipse Resources ° W&T Offshore ° Enquest plc ° Ultra Petroleum ° EP Energy
Energy, Exploration & Production (Equities) 20 Companies Irene Haas ° Alta Mesa Resources, Inc. ° Jagged Peak Energy [email protected] ° Approach Resources, Inc. ° Magnolia Oil & Gas (713) 892-5606 ° Bonanza Creek Energy, Inc. ° Matador Resources Company ° Callon Petroleum Company ° Noble Energy, Inc. ° Centennial Resource Development ° Parsley Energy, Inc. ° Cimarex Energy Company ° PDC Energy, Inc. ° Energen Corporation ° Pioneer Natural Resources Corp. ° Energy XXI Gulf Coast ° SRC Energy, Inc. ° EOG Resources ° WildHorse Resource Development ° Extraction Oil & Gas ° WPX Energy, Inc.
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Energy, Exploration & Production (Equities) 18 Companies ° California Resources Corporation ° Gulfport Energy Corp. ° Chaparral Energy, Inc. ° Halcón Resources Corp. Jason Wangler ° Chesapeake Energy Corp. ° HighPoint Resources [email protected] ° Continental Resources, Inc. ° Kimbell Royalty Partners, LP (713) 892-5603 ° Denbury Resources, Inc. ° Northern Oil & Gas, Inc. ° Diamondback Energy, Inc. ° Resolute Energy Corp. ° Earthstone Energy, Inc. ° Ring Energy, Inc. ° Frontera Energy Corp. ° Viper Energy Partners LP ° Gastar Exploration, Inc. ° Whiting Petroleum Energy, Exploration & Production and Oilfield Services (Capital Structure) 6 Companies Jason Wangler ° Archrock, Inc. ° Indigo Natural Resources LLC [email protected] ° Covey Park Energy Holdings LLC ° PetroQuest (713) 892-5603 ° FTS International, Inc. Irene Haas ° Legacy Reserves LP [email protected] (713) 892-5606 Energy, Oilfield Services (Equities) 6 Companies Jason Wangler ° Eco-Stim Energy Solutions ° Pioneer Energy Services Corp. [email protected] ° Mammoth Energy Services, Inc. ° Solaris Oilfield Infrastructure, Inc. (713) 892-5603 ° Natural Gas Services Group, Inc. ° Superior Drilling Products, Inc.
European and International Banks (Credit Trading Desk Analysis) 33 Companies ° Allied Irish Banks ° Itau Unibanco ° Banco do Brasil ° Liberbank Jonathan Glionna, CFA ° Bank of Nova Scotia ° Lloyds Banking Group [email protected] ° Barclays ° Norddeutsche Landesbank (212) 351-9463 ° BBVA ° Nordea Bank ° BNP ° Novo Banco ° Caixa Geral ° Permanent TSB Amy Hazelton ° Commerzbank ° Provident Financial [email protected] ° Coventry Building Society ° Royal Bank of Scotland (212) 351-9722 ° Credit Agricole ° Sabadell ° Credit Suisse ° Santander ° CYBG plc ° Societe Generale ° Deutsche Bank ° Standard Chartered ° HSBC ° UBS ° HSH Nordbank ° Unicredit ° iberCaja Banco SA ° Virgin Money ° Intesa Sanpaolo Financial Services 34 Companies ° 4Finance Holding SA ° FXCM ° Altisource Portfolio Solutions ° iPayment Holdings, Inc. Kurt M. Hoffman (Desk Analysis) ° Ally Financial ° IKB Deutsche Industriebank AG [email protected] ° American Capital, Ltd. ° KCAP Financial, Inc. (561) 214-7914 ° Aston Escrow/Transworld Systems ° Nationstar Mortgage ° Bluestem Group ° New Residential Investment Corp ° Canadian Western Bank ° NorthStar Asset Management ° Capmark Financial Group Inc. ° Northstar Finance Realty ° CNG Holdings ° Ocwen Financial ° Cole Real Estate Investments, Inc. ° Pennymac Mortgage Investment Trust ° The Co-operative Bank ° Radion Group Inc. ° DEPFA Bank plc ° Sallie Mae ° Deutsche Pfandbriefbank AG ° Springleaf Financial ° DFC Finance Corp ° Tetragon Financial Group ° Doral Financial ° TMX Finance LLC ° Emigrant Bancorp ° Washington Mutual ° Fannie Mae/Freddie Mac ° WideOpenWest Finance
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Food & Grocery/Restaurants 9 Companies
Mary Ross Gilbert, CFA ° Albertson’s Companies ° Stretford 79 plc/ Iceland VLNco Ltd [email protected] ° FAGE Dairy Industry, S.A. ° SUPERVALU, Inc. (310) 246-3757 ° The Fresh Market, Inc. ° Whole Foods Market, Inc. ° General Nutrition Centers, Inc. ° Yum Brands, Inc. ° The Kroger Co.
Insurance (Credit Trading Desk Analysis) 97 Companies
David Havens ° Achmea BV ° Liverpool & Victoria Friendly Society [email protected] ° Admiral Group plc ° Manulife Financial Corp. (212) 351-9457 ° Aegon NV ° Mapfre SA ° Ageas ° Markel Corp. ° Aflac Inc ° Marsh & McLennan Cos. Inc. ° AIA Group Ltd. ° Massachusetts Mutual Life Insurance . ° Allehany Corp. ° MetLife Inc. ° Allianz SE ° Muenchener Rueckversicherungs AG ° Allstate Corp. ° Nationwide Mutual Insurance Co. ° American Financial Group Inc ° New York Life Insurance Co. ° American International Group Inc ° NN Group NV ° Ameriprise Financial Inc. ° Northwestern Mutual Life Ins. Co. ° AmTrust Financial Services ° Oil Casualty Insurance Ltd ° Aon plc ° Oil Insurance Ltd ° Arch Capital Group Ltd. ° Old Republic International Corp. ° Assicurazioni Generali S.p.A. ° Pacific Life Group ° ASR Nederland NV ° Pension Insurance Corp plc ° Assurant Inc ° Phoenix Group Holdings ° Assured Guaranty Ltd ° Principal Financial Group ° Athene Holding Ltd ° Progressive Corp. ° Aviva plc ° Protective Life Corp. ° Axa SA ° Prudential Financial Inc ° Axa Equitable Holdings Inc. ° Prudential plc ° Brighthouse Financial Inc. ° Qatar Reinsurance Co. Ltd. ° BUPA Finance plc ° QBE Insurance Group Ltd ° Caja de Seguros Reunidos Cia de ° Reinsurance Group of America Seguros & Reasseguros SA ° Chubb Ltd ° RenaissanceRe Holdings Ltd ° Cincinnati Financial Corp. ° Rothsay Life plc ° Coface SA ° RSA Insurance Group plc ° CNA Financial Corp. ° Sammons Financial Group Inc. ° CNO Financial Group Inc. ° Sampo Oyj ° CNP Assurances ° SCOR SE ° Credit Agricole Assurances SA ° Societa Cattolica di Assicurazioni SC ° Direct Line Insurance Group plc ° Standard Life Aberdeen plc ° esure Group plc ° Swiss Life Holding AG ° Everest Re Group Ltd ° Swiss RE AG ° Fairfax Financial Holdings Ltd ° Teachers Insurance & Annuity Co. ° Farmers Insurance Exchange ° Travelers Inc ° Great-West Lifeco Inc ° Unipol Gruppo SpA ° Groupama SA ° UNIQA Insurance Group AG ° Guardian Life Insurance Co. ° Unum Group ° Hannover Rueck SE ° Vienna Insurance Group AG ° Hanover Insurance Group Inc. ° Vivat NV ° Hartford Financial Services Group ° Voya Financial Inc. ° Hiscox Ltd ° Willis Towers Watson plc ° La Mondiale SAM ° W.R. Berkley Corp. ° Legal & General Group plc ° XL Group Ltd ° Liberty Mutual Insurance Group ° Zurich Insurance Group AG ° Lincoln National Corp.
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Industrial Hybrids (Credit Trading Desk Analysis) 3 Companies
Amy Hazelton ° AerCap Preferred ° TransCanada [email protected] ° BHP Billiton (212) 351-9722
Media/Entertainment (Equities) 13 Companies
David W. Miller ° AMC Entertainment ° Madison Square Garden [email protected] ° AMC Networks, Inc. ° MSG Networks (310) 246-3682 ° CBS Corp. ° NetFlix, Inc. ° Cinemark Holdings, Inc. ° Outfront Media ° Discovery, Inc. ° Viacom, Inc. ° Lamar Advertising ° Walt Disney Company ° Lionsgate Entertainment
Metals/Mining 64 Companies
Kevin Cohen, CFA ° A.M. Castle ° Horsehead Holding Corp. [email protected] ° AK Steel ° Iamgold Corporation (212) 351-9774 ° Aleris ° Imperial Metals Corporation ° Algoma Steel ° International Wire Group ° Allegheny Technologies ° Iracore International Holdings ° Almatis ° JMC Steel ° Anglo American PLC ° Lundin Mining ° AngloGold Ashanti ° Metals USA ° Aperam ° Midwest Vanadium Pty Ltd. ° ArcelorMittal ° Mirabela Nickel Limited ° Atlas Iron Limited ° Molycorp, Inc. ° Baffinland Iron Mines Corp. ° Noble Group ° Banro Corp. ° Noranda Aluminum ° Barminco ° Northland Resources SA ° Boart Longyear Ltd ° Nyrstar NV ° Century Aluminum ° Rain CII Carbon ° Cliffs Natural Resources ° Rio Tinto plc ° Cobre del Mayo ° Ryerson ° Codelco ° SCHMOLZ+BICKENBACH ° Cognor SA ° Scholz AG ° Constellium/Wise Metals ° Severstal Columbus ° Dannemora Mineral AB ° Sherritt International Corporation ° Eco-Bat Technologies/EB Holdings ° Sibanye Gold Limited ° Edgen Murray ° Standard Steel, LLC ° Emeco Holdings Limited ° Talvivaara Mining ° Eldorado Gold ° TiZir Limited ° Essar Steel Algoma Inc. ° Thompson Creek Metals ° Essar Steel Minnesota ° United States Steel Corporation ° Ferrexpo plc ° Vallourec SA ° First Quantum Minerals, Ltd ° Vedanta Resources PLC ° Freeport McMoran ° Voestalpine ° Glencore plc ° Volcan Investments Limited
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Paper/Packaging 48 Companies
Kevin Cohen, CFA ° Ainsworth Lumber Company ° Lecta [email protected] ° Appvion (Appleton Papers) ° Lee Enterprises, Inc. (212) 351-9774 ° Ardagh Glass ° Louisiana-Pacific ° Berry Plastics ° Mercer ° Buckeye Technologies ° NewPage Corporation ° BWAY ° Novelis Inc. ° Cascades ° Owens Illinois ° Catalyst Paper ° Packaging Corporation of America ° CelluTissue ° PaperWorks Industries ° Cenveo ° Pregis ° Clearwater ° Resolute Forest Products ° Clondalkin Industries B.V. ° Reynolds Group ° Consolidated Container ° Rock Tenn ° Constar ° Sappi ° Deltic Timber Corp. ° Sealed Air Corp. ° Domtar ° SIG Combibloc Holdings ° Fibria Celulose S.A. ° Smurfit Kappa ° Georgia-Pacific ° Tekni-Plex ° Glatfelter ° Tembec Inc. ° Graphic Packaging ° The Newark Group ° Grupo Papalero ° Verso Paper ° International Paper Company ° Wausau Paper Corp. ° KapStone Paper and Packaging ° Western Forest Products ° Klöckner Pentaplast ° Xerium Technologies
Publishing/Printing/Media/Internet 23 Companies
Kevin Cohen, CFA ° A.H. Belo ° iHeart Communications [email protected] ° AMC Entertainment, Inc. ° Manwin Licensing International (212) 351-9774 ° American Media, Inc. ° Media General, Inc. ° Blackboard Inc. ° MDC Partners Inc. ° Cumulus Media Inc. ° McClatchy Company ° Endemol Shine Group ° Mood Media Corporation ° Eastman Kodak Company ° Regal Entertainment ° Fairfax Media ° Universal Entertainment Corporation ° FriendFinder Networks ° Virgin Media ° Fuse Media/NuvoTV ° Wenner Media ° Gannett Co., Inc. ° WorkflowOne Management ° Gatehouse Media
Retail 31 Companies
Mary Ross Gilbert, CFA ° 99 Cent Only Stores, Inc. ° Lands’ End, Inc. [email protected] ° Bed Bath & Beyond, Inc. ° Macy’s, Inc. (310) 246-3757 ° Beverages & More, Inc. ° Matalan Finance plc ° BI-LO Holding ° Michaels Stores, Inc. ° Bon-Ton Stores, Inc. ° Neiman Marcus Group, Inc. ° Claire's Stores, Inc. ° Nine West Holdings, Inc. ° Conn’s, Inc. ° Nordstrom, Inc. ° Dillard's ° Rent-A-Center, Inc. ° Ethan Allen Interiors, Inc. ° Rite Aid Corporation ° The GAP, Inc. ° rue21, inc. ° Guitar Center, Inc. ° Sears Holdings Corporation ° Gymboree Corporation ° Stretford 79 plc/ Iceland VLNco Limited ° HEMA Bondco I B.V./Dutch Lion B.V. ° Talbots, Inc. ° J.C. Penney Company, Inc. ° Tailored Brands, Inc. ° J.Crew Group, Inc. ° Toys “R” Us ° Jo-Ann Stores, Inc.
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Security—Physical & Monitoring 7 Companies Edward P. Mally, CFA ° ADT, Inc. ° Interface Special Holdings [email protected] ° APX Group Holdings/Vivint ° Monitronics International (212) 351-9768 ° Interface Security Systems ° Prime Security Services Saliq Khan ° Diebold Nixdorf, Inc. [email protected] (212) 351-9453 Technology Enabled Services (Equities) 18 Companies ° ABM Industries Inc. ° Digimarc Corporation Jeff Kessler ° ADT, Inc. ° FLIR Systems Inc. [email protected] ° Alarm.com Holdings, Inc. ° G4S plc (212) 351-9701 ° Allegion plc ° Identiv, Inc. ° Ascent Capital Group, Inc. ° NICE Systems ° AXIS Communications AB ° ShotSpotter, Inc. Saliq Khan ° Axon Enterprise Inc. ° Verint Systems [email protected] ° The Brink's Company ° Vivint/APX Group (212) 351-9453 ° Control4 Corp. ° Zebra Technologies Corporation Technology Enabled Services (Equities) 6 Companies Saliq Khan ° ARC Group Worldwide, Inc. ° Okta, Inc. [email protected] ° Arlo Technologies, Inc. ° OneSpan Inc. (212) 351-9453 ° The ExOne Company ° Voxeljet AG Technology/Semiconductors and Storage/Online Travel Agents/Industrials/Other 16 Companies ° Advanced Micro Devices ° Jack Cooper Enterprises Edward P. Mally, CFA ° Dell Technologies ° Manitowoc Company [email protected] ° eDreams Odigeo ° Masco Corp. (212) 351-9768 ° Flexi-Van Leasing (FLVC) ° Moby S.p.A. ° Galapagos Holding ° Seagate Technology ° Global A&T Electronics ° Unisys Corp. ° Gogo Inc. ° UTAC Holdings ° Hewlett Packard Enterprise Co ° Western Digital Corp.
U.S. Banks/Financials/Related (Credit Trading Desk Analysis) 28 Companies ° American Express Co. ° KeyCorp David Havens ° Bank of America Corp ° Legg Mason Inc. [email protected] ° Bank of New York Mellon Corp. ° Leucadia National Corp. (212) 351-9457 ° California Municipal Income Fund ° Morgan Stanley ° CBL & Associates Properties ° M & T Bank Corp. ° Citigroup Inc. ° Northern Trust Corp. Amy Hazelton ° Capital One Financial Corp. ° PNC Financial Services Group Inc. [email protected] ° Fifth Third Bancorp ° State Street Corp. (212) 351-9722 ° Gabelli Equity Trust, Inc. ° SunTrust Banks Inc. ° General Electric Co. ° Sutton Capital Partners ° Goldman Sachs Group inc. ° Synchrony Financial ° Huntington Bancshares Inc. ° Teva Pharmaceutical Industries Ltd ° Jefferies Group LLC ° US Bancorp ° JPMorgan Chase & Co. ° Wells Fargo & Co.
This publication lists companies on which we have previously published research reports, notes and briefs. These published research reports, notes or briefs may be obtained from our Web site (www.imperialcapital.com) or your account executive. No investment decision should be made in issuers with published research reports without first reviewing those related research reports. This summary is for informational purposes only and is not limited to companies on which we have published or may publish research now or in the future. Under no circumstances is it to be used or considered as an offer to sell or a solicitation of an offer to buy any security, bank debt or trade claim. While the information contained in this summary is believed to be current as of the date hereof, we do not represent or guarantee that the summary is current or complete, and it should not be relied upon as such. We reserve the right to add or drop coverage of a company or industry, or change the analyst covering any particular company or industry at our sole discretion. Decisions to publish or terminate coverage are based on a variety of factors. As a result, coverage of such issues frequently may be characterized by either isolated reports, long periods between reports, or no reports at all. Imperial Capital’s and Imperial Capital Asset Management’s views of a security, issuer, industry or sector may change without the issuance of a new report. If you would like to know whether Imperial Capital’s or Imperial Capital Asset Management’s views have changed, please call us at (310) 246-3700. Please contact your Imperial Capital account representative for copies of any available research reports, or visit www.imperialcapital.com. Imperial Capital, LLC is a member of FINRA (www.finra.org) and SIPC (www.sipc.org) © Copyright 2018 Imperial Capital, LLC and Imperial Capital Asset Management, LLC.
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