Epstein Secrets

uy 70.0% Short interest % of float 2.25% Source: Bloomberg and BofA Merrill Lynch Global Research estimates

ald J. Epstein TransDigm Group Inc. TDG TDG US Ronald J. Epstein Triumph Group TGl TGI US Ronald J. Epstein United Tech UTX UTX US Ronald J. Epstein NEUTRAL BWX Technologies, Inc. BWXT BWXT US Ronald J. Epstein Crane Co CR CRUS Kristine T. Liwag Curtiss-Wright Corporation cw CW US Kristine T. Liwag FLY Lea

A Merrill Lynch Investment rating Company ticker Bloomberg symbol Analyst BUY Affiliated Mgrs. AMG AMG US M

e activity next year metrics activing and points worsening credit metrics Source: BofA Merrill Lynch Global Research Regions Financial (RF), B-2-7, Neutral Regions harnessing consumer to drive growth: Scott Peters, Senior EVP and Consumer Services Group Head, Logan Pichel, Consumer Lending Group Head, an

15 3015 4015 1016 Q16 4Q16 1017E2017E 3Q17E4Q17E BofAML vs. Street Below Above Above Below AY Source: BofA Merrill Lynch Global Research estimates, Bloomberg 7h eee | istening Hours Y/Y Growth === Active Listners Y/Y Growth Source: BofA Merrill Lynch Global Research estimates, company report Bankof America

na via the Ctrip investment. Bankof America 2 Internet/e-Commerce | 06 April2017 33 Merrill Lynch HOUSE_OVERSIGHT_014919 --- PAGE BREAK --- Snap (Neutral, $25 PO) Stock view: Long-term potential, but near-term could be lumpy Snap will report its first earnings as a public company and expectations hav

(RHS) Source: BofA Merrill Lynch Global Research, Bloomberg. Daily data from Jan-90 to 5-Jun-17. The politic

S Christopher Kuplent Royal Dutch Shell PLC Shs A RYDAF RDSA LN Christopher Kuplent Statoil STOHF STL NO Hamish Clegg Statoil STO STO US Hamish Clegg NEUTRAL BP plc BP BP US Christopher Kuplent BP ple BPAQF BP/ LN Christopher Kuplent Repsol REPYY REPYY US Hamish Clegg Repsol REPYF REP SM Hamish Clegg Total