Epstein Secrets

s EIX, JMP upgrades BSX, UBS downgrades TEVA, Nomuta cuts VZ Key Research: ISI upgrades DLR/EDD/KRC (buy's) & downgrades UDR, BofA upgrades SDR LN, Baird upgrades CUBE Key Research: SLHN VX MS downgrades KNIN VX & upgrades PWTN SW, Santander downgrades EOAN GR, BofA downgrades Key Research: TLW LN

friendly offer this time for Vulcan Materials (WSJ) • California port strike could cost economy $16 per day (NRF calling on Obama to intervene) • Moody's downgrades ESM to Aa1 from Aaa to reflect France downgrade (Friday after close) • EADS confirms that key shareholders are discussing changes in sha

MDC/NVR, KBW upgrades EDR Key Research: Nomura upgrades STAN.LN (buy), Wells upgrades APC & initiates TLLP (op), RBC downgrades IPXL Key Research: Baird upgrades AMAG, Barclays upgrades BIG & initiates AL/VNET (ew's), DB upgrades FOE (buy) Key Research: Atlantic upgrades MOS, JPM downgrades SMG, Jan

pace in 5 quarters) (median estimate +8.1%) Japan's unemployment rate increased to 4.7% (inline), industrial production rises less than expected Moody's puts Japan's Aa2 local and foreign currency bond ratings on review for possible downgrade Australia home-building approvals drop with softer job ma

Research: Cannacord upgrades BARC.LN, DB upgrades BOS3.GR & initiates SUNS (buy), Bofa downgrades WRB Key Research: Piper upgrades URBN/WTSLA/ZUM2, Baird upgrades FMO & initiates JMF, Opco upgrades BRCM Key Research: Wunderlich downgrades CVLT & upgrades CMO, CS upgrades AXA, Kaufman reinstates EBAY

ress Lisbon to seek bridge loan) (FT) Portugal sells C1B of bills due October/March (Oct 2011 average yield jumps to 5.117% vs 2.984% on March 2) Moody's cut its rating on 7 Portuguese banks following the sovereign downgrade (outlook remains negative) Tepco engineers stop the outflow of highly radioa

NO, JPM upgrades DTSI & cuts CAT Barcap upgrades ORA, Jeff cuts JNJ/NKTR & upgrades SQNM (buy) MS upgrades TRIP & cuts IQNT CS downgrades JCP/VRTX, Baird upgrades NAV, JPM and Stifel downgrade STRA, Citi upgrades CMA Exane upgrades IHG LN, Citi downgrades RYA LN, Barclays initiates Russian Oil & Gas s

z Jan-Oct sales +8.0% on year at 169,070 units (DAI GY trading -0.33%) • Italy prosecutors seek trial for 5 and 2 Fitch employees (drop probe on 2 Moody's workers) (DJ) • Global business confidence falls to lowest level in 3 years (Markit Business Outlook Survey) • India industrial production unexpe

& downgrades CTXS, Jeff upgrades MNT/MOH Key Research: Nomura upgrades MMM, Raja initiates ABMD (mp) & upgrades CCOI, Piper cuts MDRX Key Research: Baird upgrades FAST, Mizuho initiates FRX (buy), JPM upgrades MRO & downgrades CSCO Key Research: Wells initiates PVTB (mp), BB&T initiates WWW (hold), St

full-year guidance looks better (trading +2.0%) • Diageo to buy 53.4% stake in India's United Spirits Ltd. for $2.04 billion (trading +0.56°/0) • Moody's is out saying that it will communicate its view on France within a few weeks • EU official says no Greek default on Nov 16 (€4 billion bond redempt

to Conviction Buy List & cuts PTEC LN, DB initiates PANL (buy) Key Research: JPM initiates VFC (ow), MS upgrades ONYX, Think initiates MASI (buy), Baird initiates SHW (neut) Key Research: Bofa upgrades JACK, BMO upgrades AIV, Wells downgrades R/RFMD & initiates RDEN/EL (op's) Key Research: MainFir

10yr 1.63% NZD 0.7873 (+0.12%) Copper -0.35% Futures: Dow +49, Nasdaq +9, S&P +6 DXY $82.27 (-2c) Crude $78.73 (+53c) Gold $1570.70 (+$5.20) Moody's announced its widely anticipated downgrade of 15 global banks after the close last night. No big surprises although Credit Suisse getting cut by 3 n

l12 Secondaries (announced/priced): DG IPO's: N/A Key Research: Jefferies initiates EDG (buy) & downgrades RAX & upgrades CLR (buy) Key Research: Baird downgrades FMER, Citi downgrades NSM, Janney initiates CSE/CIT (buy's) Key Research: JMP initiates FB (op), CS upgrades PHM/RYL/SWN, BNP upgrades RR

h reading of zero growth) (-0.1% y/y vs Fannie Mae names general counsel Timothy Mayopoulos as new CEO effective June 18 est +0.0%) EFTA00411519 Moody's downgrades 7 German & 3 Austrian banks (Deutsche Bank review still not concluded) Merkel adviser Franz says Spain should urgently approach the ESM

hrough Bofa & GS, Wellesley Bancorp (WEBK) files 2.76M shares through Sandler Key Research: MS initiates ALGN (uw) & XRAY/TFX (ew) & HRC/SIRO (ow), Baird upgrades IRET Key Research: Roth downgrades CYCC/SPPI/CLDX/DNDN/REGN, Canaccord initiates ZLCS (buy) Key Research: Auriga upgrades MYGN (buy), Bank

s would be for the Eurozone (says he is doubtful Greece can be saved from bankruptcy). French banks are trading lower across the board on talk that Moody's may cut credit ratings as soon as next week (SocGen -10.5%, BNP -12.5%, Credit Agricole -9.5%) . EU Bank Index trading -3.95% this morning (now -38%

S downgrades DANOY & initiates AHS/CCRN/LPNT/ASGN/THC/UHS/VHS (nut's) an CYH/HMA (buy's) Key Research: Nomura upgrades Honda Motor (7267 JP) (buy), Baird upgrades CHH, BMO upgrades CSCO Key Research: Wells initiates APOL/CECO/DV/LRN (op's) and ESI/STRA/COCO (mp's), RBC downgrades KEX Key Research:

May 23) (bid-to-cover 1.9 vs 1.7 prior) Italian industrial orders decreased -1.9% m/m in April (orders -12.3% in unadjusted y/y terms) next week Moody's to publish impact on Spain banks stemming from June's sovereign downgrade LCH lifts margin costs for trading most Spanish government bonds (effectiv

izuho initiates CVS (buy) & WAG (n), FBN downgrades IBM, JPM downgrades JAG, UBS initiates CMG (n) Key Research: William Blair initiates ASGN (op), Baird upgrades UNF, MS initiates APC (ow) & downgrades ATW/RDC Key Research: BB&T upgrades CNW (buy) & downgrades LNC, MKM initiates BMY (sell), Collin

?, WYNN, CAKE after close*** BOE minutes out (unanimous 9-0 votes at last meeting on interest rates and £75 billion QE bump) Spain cut 2 levels by Moody's (3rd time in 13 months debt has been downgraded by Moody's) European banks vow $1 trillion cuts in the next two years as recapitalization looms (B