Epstein Secrets

ame back online following yesterday's holiday and the Yen strengthened back to the mid-108 levels. Softbank (-3.5%) continues to weigh following the Alibaba IPO. Australia underperformed with banks leading declines on concerns of regulatory changes after the RBA said it might take additional steps to ti

w), Berenberg downgrades TATE LN, BofA remains cautious Greek Banks ••• UBS upgrades TATE LN & downgrades ERICB SS, JPM downgrades TATE LN & THR BB, Jefferies downgrades UNA NA EFTA00361842 ••• UBS adds FRES LN to most preferred list & removes POLY LN from least preferred list, DB downgrades OGKE RX ••

in the US and some strong earnings out post close. Japan was the standout, with indices ending at the highs led by intemet related names on back of Alibaba and Yahoo's results. Softbank finished +8.5% and accounted for 70 points in the Nikkei's 420 point gain, while DeNA ended +11.7% on back of a couple

arcap upgrades LNC & downgrades RGA, GS upgrades GPC and SFUN (buy) • Imperial upgrades ZBRA/GDP and initiates SBGL (op), RBC initiates ATEN (op) • Jefferies upgrades UNFI (buy) and initiates HLT (hold), Nomura upgrades GHL & cuts MSI EFTA00370916 • Raja initiates NMBL (op), Baird initiates LPI (op), UB

ed (+5.4% and up close to +18% for the month), seeing follow-thorough from Friday's Robin Hood mention as well as CLSA highlighting that interest in Alibaba is "unprecedented" (Softbank owns 38% stake). Insurance names (+1.6%) also stronger after Citi boosted PT's across the group and reiterated BUY rat

), Citi initiates LEAF (buy), KBW initiates LEAF/ESNT (op) RBC downgrades AOL & upgrades HTLD, Raja upgrades BLMN/JBLU, UBS initiates PX (neut) ••• Jefferies downgrades SCHN, Bernstein upgrades SYK, Wells initiates UMBF (mp) Europe Key Research: • DNB downgrade MEO1V FH, Berenberg initiate LNZ AV (h) •