Epstein Secrets

arnegie upgrades METSB FH • Evercore downgrades UHR VX, Evli downgrades LAT1V FH, GS removes ABBN SW from CL Sell list, JPM downgrades PAG LN ••• Kepler upgrades NESTE FH, LBBW upgrades UBSG VX & downgrades ABBN VX, Numis upgrades JMAT LN ••• MainFirst upgrades DSV DC, PWTN SW, KNIN VX & downgrades M

ty & Unit Labor Costs / Jobless Claims @ 8:30am, Bloomberg Consumer Comfort @ 9:45am, Factory Orders / Durab

ALO FP & cuts NOVN SW, Barcap upgrades DANSKE DC ••• Nomura downgrades ERICB SS, Nordea cuts LUPE SS & upgrades OPERA NO/NETB SS EFTA00370758 ••• Kepler upgrades LNZ AV (buy), Swedebank downgrades ERICB SS, Pareto cuts HEX NO (sell) DB upgrades PHOR RU (buy), Mediobanca upgrades MSK IM, Berenberg upg

els of the after-hours strength in the US following earnings beats from the likes of AAPL, FB, CTXS, TXN, etc. On the M&A front, Alstom +13% on the Bloomberg story that GE is interested in buying them for $13B although Alstom says they are unaware of any potential bid. Other than that it is the heaviest e

RU (buy) • Mainfirst initiates PTC PL/TIT IM (op) and TEF SM (up), MS cuts TRN IM & upgrades FIVE LN • Swedbank cuts AXFO SS, Natixis cuts WHA NA, Kepler upgrades CGCBV FH (buy) • SEB Enskilda downgrades MEO1V FH and OTE1V FH (sell) SocGen initiates SOLB BB (buy) & downgrades ENEL IM and RCO FP (sell

rdian • How Much Stock Trading Should There Be? Bloomberg Key Events This Week Thursday: Philadelphia Fed,

A (buy) • Citi upgrades BKIA SM/CABK SM (buy) & cuts KIO SJ (sell), Panmure upgrades PDG LN (buy) • DB downgrades PKN PW, GS upgrades CHR DC (buy), Kepler downgrades CSGN SW • JPM downgrades KNIN SW/GJF NO & upgrades ETE GA, Panmure upgrades PDG LN (buy) • Natixis upgrades WPP LN (buy), Nomura upgrade

FNC, WHG Economic Data: Jobless Claims @ 8:30am, Bloomberg Economic Expectations & Consumer Comfort @ 9:45am

rades SPT LN & CORA NA, UBS downgrades LRE LN • Commerzbank upgrades WCH GY, JPM upgrades ADP FP & downgrades FFtA GY, Baader downgrades BEI GY ••• Kepler initiates F IM (reduce) & HAW GY (buy), Nordea downgrades VWS DC, Exane upgrades CBK GY ••• Investec upgrades HSBA LN, Shorecap downgrades DGE LN, H

in Second Quarter HITC • India's Fear of Growth Bloomberg • Why Is U.S. Economic Mobility Worse in the Sou

N SS & TDC DC ••• JPM resumes TIT IM (ow), SocGen initiates PKP PW (buy), Citi upgrades RBP SJ, BofA downgrades PEO PW ••• Danske upgrades NOBI SS, Kepler downgrades GXI GY & upgrades HEIJM NA, Investec downgrades UKM LN • BofA upgrades NRE1V FH, JPM downgrades ENG PW, Barclays downgrades ATL IM, Citi

revs beat but profit fell (declared 18c dividend) (trading up small) • Burger King issues $2.25B of debt to fund Tim Hortons (THI CN) acquisition (Bloomberg) • MI Q3 ebit margin light, September sales so far +7.0% (mkt at +14.4% for month) (trading -3.5%) • Telecom Italia: Sol Trujillo said to seek $9.

Numis upgrade ASHM LN, RAT LN, NVA LN, downgrade POLR LN, SocGen upgrade AKBNK TI, downgrade TRN IM • Natixis downgrade NEX FP, Good upgrade KMR ID, Kepler downgrade SAN FP, upgrade GSK LN, CSGN VX • Chev upgrade IM NA, Nordea downgrade HOLMB SS, Nordea downgrade SAA1V FH ▪ DNB downgrade SKAB SS, OTE1V

better, restructuring and cost cutting on track (trading +3.6%) • Italian elections in 3 weeks may yield hung parliament, requiring follow-up vote (Bloomberg) • German trade data: Dec exports +0.3% m/m vs est +1.4%, Dec imports -1.3% vs est +1.6% • Italy December industrial production +0.4% m/m vs est

owngrade GEBN VX, RBC initiates FOGL LN (op) RBC initiate FOGL LN (op), Barclays upgrade EBS AV, RBI AV, ABN initiates STM FP (h) & IFX GR (b) ••• Kepler re-initiates ASY FP (b), Bankhaus Lampe initiates MLP GR (b), Sarasin upgrades Al FP Reporting Pre-Open: BSET, ISCA Economic Data: MBA Mortgage App

8:15am, Trade Balance / Jobless Claims @ 8:30am, Bloomberg Consumer Comfort @ 9:45am, ISM Non-Manufacturing