Epstein Secrets

esearch: Janney downgrades NWY, CLSA initiates ARW/AVT/TECD (op) & IM (uw) Key Research: UBS initiates PANW (neut) & upgrades MCRO LN and ELN (buy), Piper initiates KYAK (neut) Key Research: DB downgrades SGMS & initiates KYAK (buy), Bofa downgrades VALE, GS cuts DOM LN Key Research: Nomura upgrades

A (trading +1.0%) Kabel Deutschland Q1 inline, EBITDA slight better, flat dividend, outlook maintained (trading unch) RWE Q2 EBITDA better due to Statoil compensation payment, outlook confirmed (trading -0.90%) K&S Q2 inline (pre announced July 30th), adopt earning based dividend policy, guides in l

WAB ••• Janney initiates SEAS (neut), Opco initiates PSTG (pert), Stifel upgrades ARCB (buy) & cuts SNCR • Longbow downgrades BWLD & upgrades KMT, Piper downgrades PACB Europe Key Research: ••• Liberum upgrades SDF GY & ICL IT, Jefferies initiates SRG IM (buy), Citi downgrades G IM (sell), Barcap do

NIl inline, dividend raised (trading +2.2%) • ING quarterly earnings beat estimates as economy improves, strong balance sheet (trading +10.2%) • Statoil O4 operating results better than ests, dps maintained, fcf breakeven lowered (trading +7.5%) • Astrazeneca profit meets estimates as Brilinta sales

ates WWD (hold), JPM downgrades FN/TTMI Stifel initiates XRAY (hold) and ALCO (buy), UBS cuts PSSI/DVN & upgrades EXC/LLTC DB initiates PENN (buy), Piper downgrades CORT/CNQR, Raja upgrades AMNB & cuts CLH Bofa reinstates BX/LM/MS (neut's) and TROW/BEN/GS/KKR (buy's), Evercore cuts CBS, BMO upgrades

cash flow & margins, confirms guidance (trading +3.4%) • Deutsche Post Q3 EBIT misses, freight & mail weak, maintains guidance (trading -0.70%) • Statoil: speculation interested in Whiting Petroleum purchase, $65 per share (trading -0.30%) • Bosch sells 5.0% Denso stake for €1.1 billion (to use funds