Epstein Secrets

(buy) & SSS (hold) & EXR/PSA (sells), UBS downgrades ALV (sell), RBC cuts KMX/IP Key Research: DB downgrades RBS LN/KFRC & reinstates CA FP (hold), Baird upgrades TTEK/PEET, JMP downgrades BRCD Key Research: Jefferies downgrades RIMM & upgrades Sands China (buy), MS cuts RSH & upgrades NOV, Wells do

aded -4%) Australia January services industry expanded (+2.9 pts to 51.9) (snaps three months of declines) Leading European Sectors: Banks +1.74%, Trav/Les +1.32%, Telco +0.95% Lagging European Sectors: Oil & Gas -0.20%, Chemicals +0.06%, Construction +0.17% IRF posts q2 loss - VRTX eps/revs beat - BOO

grades AA & cuts SO, Raja downgrades HBAN • SunTrust initiates KRO (reduce), Citi downgrades MDP, PacCrest upgrades NFLX • Jefferies cuts NGLS/EPD, Baird upgrades SCTY, Stifel cuts R, Sterne Agee upgrades BOFI (buy) Europe Key Research: :••• Bofa downgrades SDRL NO/BAW SJ/ARTC DB & upgrades HTO GA (b

+2.8%) • Accor reports O1 revenue after the close, market looking for €1.23 billion (trading +1.1%) Leading European Sectors: Autos/Parts +1.22%, Trav/Les +0.83%, Fin Services +0.41% Lagging European Sectors: Food/Bev -1.42%, Basic Res -0.99%, Tech -0.80% PBCT op eps missed —ALSN net sales beat — DHR

AKS and MASI (sell) & initiates COH/RKT (buy's) & JEC (neut), Piper initiates CRIS (ow) Key Research: DB downgrades ORLY/AMRS/MPEL & upgrades COP, Baird downgrades XCO/SLGN/ORLY/TLEO & upgrades ALXN/SEE Key Research: GS adds ATVI to Conviction Buy list & resumes SYMC (neut) & upgrades EFX (buy) & c

on Asia demand UK January factory output prices rose 0.5% versus estimate +0.1% (fastest pace in 9 months) Leading European Sectors: Tech +1.16%, Trav/Les +0.19%, Food/Bev -0.01% Lagging European Sectors: Chemicals -1.26%, Insurance -1.25%, Banks -1.04% MPWR tops eps 4c - BRKS rev forecast beats - LF

BWLD (buy) & CAKE/MCD (neut) & DRI (up) • JPM downgrades CAH/CLX & upgrades RAH, BMO downgrades LLY/INGR, • RBC upgrades HP/ROC, Citi upgrades HON, Baird initiates GEVA, Raja downgrades THC • Stifel downgrades GNRC,Citi upgrades TYC and WCC (buy) & cuts UTX, Bernsteain upgrades UNP • DB upgrades HSY/

• Thai judge strikes blow at PM Yingluck as protesters ready to shut down the capital (Time) Leading European Sectors: Banks +0.56%, Tech +0.48%, Trav/Les +0.47% Lagging European Sectors: Utilities -1.01%, Food/Bev -0.56%, Oil & Gas -0.54% AN CFO leaving — MIDD buys Market Forge — SPRT guides up FSFR

ANH & initiates BXMT (buy), Evercore initiates GOGO (ow) ••• Miller Tabak initiates AREX/FANG (buys), KBW upgrades TAYC/MBFI ••• FBR upgrades ADBE, Baird upgrades BWA, Canaccord downgrades GSS (sell) ••• Raja downgrades ININ, BMO cuts PKG, Williams Capital cuts NVE Europe Key Research: • CS downgrad

K jobless claims fall at fastest pace in 3 years in June (-21,200 versus estimate -8,000) Leading European Sectors: Basic Res +0.89%, Retail +0.03%, Trav/Les +0.02% Lagging European Sectors: Autos/Parts -0.90%, Construction -0.84%, Chemicals -0.74% ZAGG cuts rev forecast — WTFC eps beat — MRTN eps/revs m