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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
oposed by Booking.com, Expedia, and HG • America Movil bids €2.40/share for KPN in public offer (20% premium to yesterday's close) (KPN +16.4%) • Danone buys YoCrunch (mix-in toppings specialist) to support yogurt growth in the US (trading -0.10%) • Nokian Renkaat (tires) Q2 net income and sales bel
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
ld The Times EFTA00388083 • JP Morgan warned star banker Ian Hannam over client e-mails The Times • Soaring baby milk prices provoke Nestle and Danone price-fixing claims The Times • We no longer believe the Left will look after us The Times (Opinion) • Demand for food banks 'has nothing to do w
LN (buy), SocGen downgrades RBS LN • UBS downgrades OPHR LN & POLY LN, SocGen downgrades RF FP, Citi upgrades TCG LN, Swedbank upgrades MEDAA SS • Kepler downgrades DIA IM, Titan Cement upgrades TITK GA, Liberum upgrades PSM GY (buy), KBC upgrades RCUS BB • Citi raises price target SKYD GY, Citi name
g post the release (trading -4.3%) • EADS: TCI Fund writes letter to EADS CEO urging them to sell Dassault Aviation stake (FT) (trading -0.34%) • Danone: China baby food scare (Dumex unit may have imported tainted Fonterra goods) (trading -0.71%) • Natixis planning to cut between 500-700 jobs says J
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