Epstein Secrets

rvoir" of LFL growth ahead (trading -0.5%) • Songa reports further delays to Trym unit, increasing costs, unable to give deets (trading -10.2%) • Nokia CEO says tablet is something we are clearly looking at very closely" (trading -1.6%) • UBM agrees to sell Data services units to Electra for £160mn

BBY (buy), GS upgrades UNH, Baird cuts YUM, Jeff cuts EQRIAVB Europe Key Research: • MS prefers Japanese equities to European, UBS upgrade BBVA SM, BofAML downgrade CNA LN, RI FP • JPM initiate MSTT RU (ow), CON GR (ow), upgrade ALR PW, Barc downgrade JMT PL, -ye Fl IM ••• Nomura upgrade DLG LN, downg

to Wall Street in Obama's pick for regulators NYT • Osborne holds course as GDP data emerge Fr • Samsung warns on smartphones competition FT • Nokia makes progress Lex • Monte dei Paschi: broken trust Lex • Fears over ECB longer-term funding scheme Lex • Bullish Latin America leaders host su

grade KNIN VX, -ve NOK1V FH, upgrade TCG LN EFTA00397051 ••• JPM initiate VSVS (ow), upgrade IAG LN, GS downgrade NAUR NO, add FLUG AV to CL buy, BofAML adds BAY GY to Europe list ••• Commerzbank Steel Sector: (downgrade SZG GY & VOE AV), Barclays downgrades FUM1V FH, VER AV, SPM IM & upgrades TEC

ground over deficit FT • Renminbi rides out weaker China growth Fr • Tech earnings: feeling flat Lex • Morgan Stanley: happily married Lex • Nokia: a new stream of bad news Lex • Japan is fighting back at stagnation FT • Thatcher was right — there is no 'society' FT • Portugal moves to kee

oved, upgrade TCELL TI, TRMK RM, PHOR RM, SZG GY, downgrade TAVHL TI, SHI LN • Barc initiate KYG ID (ow), Citi upgrade TNET BB, CS downgrade SW FP, BofAML remove SOLB BB from Europe 1 list e DB upgrade UBSN VX, BNP FP, GS add MC FP, BRBY LN, REE SM, ITX SM to cony buy list — SFER IM removed • HSBC upg