Epstein Secrets

peculation only) (trading +1.9%) • Unilever: 3 day investor seminar begins in Paris today (CFO Thurs & CEO Fri) (trading -0.03%) EFTA00400698 • United Utilities H1 EBIT and pretax in line, leakage targets on track, no surprises (trading +1.9%) • Thomas Cook FY prelims in line, current trading good, further

OG (op) and EBAY/IACUNFLXNHOO (neut's) DB upgrades HERO/NBR/PES/PTEN (buy's) & cuts ESV/RDC/SDRL & makes BHI top pick Raja initiates DKUSXE (op's), Macquarie upgrades ETR, Bofa upgrades SCHN, Nomura cuts SHW Citi upgrades VNO (buy), Baird initiates VOD (op), DB initiates IDIX (buy) JEFF upgrade CPG LN, M

rated, scraps 2015 guidance (trading -11.2%) • Adecco sales +5.0% organically in July/Aug, Sep seasonal pick up slightly weaker (trading -3.6%) • United Utilities (UU/ LN) trading statement inline with company 6-month expectations (trading +0.98%) • RBS: Citizens Financial Group IPO in the US priced below the

emoves POLY LN from least preferred list, DB downgrades OGKE RX ••• Citi downgrades RMV LN, Exane initiates ALIV SS (op), Bernstein upgrades REL LN, Macquarie downgrades TSCO LN • Davy upgrades WOS LN, Beka upgrades EBRO SM, Equinet downgrades VIH GY, Citi initiates ZPLA LN (n) ••• Canaccord upgrades AKSO

eet, no surprises (trading unch) • Smurfit Kappa announced Eur300mn refinancing after the close and confirm guidance & net debt (trading +3.3%) • United Utilities: bid speculation that a consortium of infrastructure funds may be mulling a bid (trading +0.20%) • Kabel Deutschland offers remedy package for Tele

h: • Barcap upgrades UNM & initiates ALLT (ow), DB downgrades F, Imperial initiates EAGL (op) • Jeff initiates HRG (buy) & reiterates buy for GOOG, Macquarie upgrades Honda Motor (7267 JP) • Piper initiates ELX/OLGC (neut's) & MLNX (ow), Raja upgrades DHI/KBH, CLSA downgrades DD ••• Davenport downgrades