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e 31-Dec-14 Bloomberg EPS FY (5) 5.16 5.13 5.88 6.54 7.21 North America Equity Research 18 June 2014 Aetna J.P.Morgan Some: Company data, Bloomberg... Morgan estimates. Investment Thesis, Valuation and Risks Aetna (Overweight; Price Target: $82.00) Investment Thesis Our Overweight rating on AET
nesia Stock Exchange and is regulated by the OJK a.k.a. BAPEPAM LK. Philippines: J.P. Morgan Securities Philippines Inc. is a Trading Participant of the Philippine Stock Exchange and a member of the Securities Clearing Corporation of the Philippines and the Securities Investor Protection Fund. It is regulated by the Securitie
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organ EM equity portfolio inflows Left axis shows EM equity portfolio flows in Sbn. 200 150 100 0 -50 -10a 05 06 07 08 09 10 It Source: IF. Blomberg. EM equity nortfolioflows $bn 60% 50% 40% 30% 20% 10% 0% -10% MSCI Skin ISCI Wald -20% 12 More details in ... US Credit Markets Outlook
r of the Indonesia Stock Exchange and is regulated by the BAPEPAM LK. Philippines: M. Morgan Securities Philippines Inc. is a Trading Participant of the Philippine Stock Exchange and a member of the Securities ClearingSorporation of the Philippines and the Securities Investor Protection Fund. It is regulated by thc Securities
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1 1 1 1 1 i i 5 10 15 20 Source: J.P. Morgan, Bloomberg. See blue box on page 2 for description. www.mo
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a is a member of the Indonesia Stock Exchange and is regulated by the BAPEPAM LK. Philippines: J.P. Morgan Securities Philippines Inc. is a member of the Philippine Stock Exchange and is regulated by the Securities and Exchange Commission. Brazil: Banco J.P. Morgan S.A. is regulated by the Comissao de Valores Mobiliarios (CVM)
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EM* EMBIG Gold -10 10 20 30 Source: J.P. Morgan, Bloomberg. See blue box on page 2 for description. www.jpmo
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of the Indonesia Stock Exchange and is regulated by the BAPEPAM LK. Philippines: J.P. Morgan Securities Philippines Inc. is a Trading Participant of the Philippine Stock Exchange and a member of the Securities Clearing Corporation of the Philippines and the Securities Investor Protection Fund. It is regulated by the Securities
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Mutual Connections (144)
Entities connected to both Michael Bloomberg and the Philippine Stock Exchange
Bloomberg L.P.
ORGANIZATION145 w/ Michael·10 w/ the
United States
LOCATION56 w/ Michael·4 w/ the
Barack Obama
PERSON58 w/ Michael·2 w/ the
Bill Clinton
PERSON52 w/ Michael·2 w/ the
JPMorgan Chase
ORGANIZATION27 w/ Michael·16 w/ the
Philippines
LOCATION23 w/ Michael·16 w/ the
Joe Biden
PERSON35 w/ Michael·2 w/ the
Harvey Weinstein
PERSON33 w/ Michael·2 w/ the
Frankfurt
LOCATION23 w/ Michael·11 w/ the
Eric Trump
PERSON29 w/ Michael·3 w/ the
United Kingdom
LOCATION29 w/ Michael·2 w/ the
Malaysia
LOCATION15 w/ Michael·16 w/ the
New Zealand
LOCATION13 w/ Michael·16 w/ the
the Capital Market Authority
ORGANIZATION13 w/ Michael·13 w/ the
the Securities and Exchange Commission
ORGANIZATION15 w/ Michael·11 w/ the
the Financial Services Agency
ORGANIZATION16 w/ Michael·10 w/ the
Condoleezza Rice
PERSON19 w/ Michael·6 w/ the
the Prudential Regulation Authority
ORGANIZATION16 w/ Michael·9 w/ the
the Dubai Financial Services Authority
ORGANIZATION18 w/ Michael·6 w/ the
the Ministry of Finance
ORGANIZATION7 w/ Michael·16 w/ the