Epstein Secrets

.S. bank's Merrill Lynch unit for -$500M • Metcash (AU largest grocery wholesaler) cut full year profit forecast amid price war (closed -2.28%) • New Zealand home-building approvals remained near four year high in October on record low rates Leading European Sectors: Autos/Parts +0.88%, Real Estate +0.61%

UBS cuts YUM Longbow initiates UPIP (mp) and CBM/SWK (neut's), Macquarie upgrades BRO, Wedbush initiates LNKD UBS cuts KGF LN, UBS upgrades BWY LN, Nomura upgrades TDC DC & cuts TLSN SS Citi cuts Insurance & Basic Res & upgrades Autos and Banks & cuts MEO1V FH & upgrades SU FP UBS adds GALP PL to most

ond ratings on review for possible downgrade Australia home-building approvals drop with softer job market, current-account deficits widens in Q1 New Zealand business confidence rises to a 12-month high on low rates and higher commodity prices Leading European Sectors: Chemicals +2.41%, Construction +1.6

s), JPM upgrades GS, Think upgrades EBAY Key Research: JMP initiates MKTG (op) & upgrades TOL & downgrades MDC/NVR, KBW upgrades EDR Key Research: Nomura upgrades STAN.LN (buy), Wells upgrades APC & initiates TLLP (op), RBC downgrades IPXL Key Research: Baird upgrades AMAG, Barclays upgrades BIG & in

ent on TPP at the Obama/Abe press conference as well as de-risking ahead of tomorrow's Tokyo CPI numbers as reasons for the weakness. Australia and New Zealand were modestly firmer ahead of tomorrow's closure for ANZAC Day. The RBNZ raised the Official Cash Rate by 25bps to 3% as expected. India was closed

wngrades ARCAD NA, JPM upgrades TKAAV/NCSP LN & downgrades AFLT RU ••• Natixis upgrades MTU FP/ALO FP & cuts NOVN SW, Barcap upgrades DANSKE DC ••• Nomura downgrades ERICB SS, Nordea cuts LUPE SS & upgrades OPERA NO/NETB SS EFTA00370758 ••• Kepler upgrades LNZ AV (buy), Swedebank downgrades ERICB SS,

hina into "old" China plays like financials and infrastructure. Japan is closed tomorrow, Philippines is closed on Tuesday and Australia, Hong Kong, New Zealand and Singapore all close early. European markets bid higher to start the holiday shortened week and volumes and news flow is light as expected. Russi

grades PEB, Jefferies initiates SCVL/BWS (hold) ••• JMP initiate HDP (op), RBC upgrades ARMK, Longbow downgrades WDC, Roth initiates WATT (buy) ••• Nomura, DB, JPM, GS initiate AXTA, Mizuho initiates COH/KORS (neut), PacCrest initiates DISCA (sp) & TWX (op) Europe Key Research: KBC reinitiates TESB BB

9 (-$1.01) Gold $1527.20 (-$5.50) ***May Labor Report @ 8:30am (Payroll Estimates: NFP +165k, PP +173k)*** ***Hong Kong, Korea, China, Taiwan and New Zealand close Monday (Dragon Boat Day)*** EU & IMF will complete review of Greece's $113B asset sale & austerity measure plan today preparing nation's 2nd

052702304563104576361671054501968.html>, For- Profit Edu Sector WSJ<http://online.wsj.com/article/SB10001424052702303745304576361803286692710.html> Nomura cuts top 10 Executives' pay 38% as earnings slump after Lehman buy Bloomberg<http://www.bloomberg.com/news/2011-06-03/nomura-cut-top-10-executives-p

ph Group (TGI) to replace Pride International Parfums (IPAR) to replace Triumph Group (TGI) GE Capital agreed to sell -A$5bn ($5.3B) of Australian, New Zealand mortgages to Pepper Homeloans Bloomberg<http://www.bloomberg.com/news/2011-05-25/ge-capital-to-sell-about- a-5-billion-australia-n-z-mortgages.html?

ey Research: Bofa upgrades CNW/RMD (buys) & downgrades KNX & reinstates CHA/CHU (buys) / CHL (neutral) Key Research: Davenport upgrades SCHN (buy), Nomura downgrades VOD.LN, JPM upgrades NTLS, BofA upgrades DMND Reporting Pre-Open: COST, HRL, RL, AEO, BMO, BWS, CONN, FRO, LTXC, MDCI, NPD, PTNR, SCMR,