Epstein Secrets

S (hold) Mizuho upgrades STJ (buy) & initiates QCOR (neut), KBW upgrades WAC, Raja & UBS cuts YUM Longbow initiates UPIP (mp) and CBM/SWK (neut's), Macquarie upgrades BRO, Wedbush initiates LNKD UBS cuts KGF LN, UBS upgrades BWY LN, Nomura upgrades TDC DC & cuts TLSN SS Citi cuts Insurance & Basic Res &

s STJ (buy) & initiates QCOR (neut), KBW upgrades WAC, Raja & UBS cuts YUM Longbow initiates UPIP (mp) and CBM/SWK (neut's), Macquarie upgrades BRO, Wedbush initiates LNKD UBS cuts KGF LN, UBS upgrades BWY LN, Nomura upgrades TDC DC & cuts TLSN SS Citi cuts Insurance & Basic Res & upgrades Autos and Ban

tes C00 (buy) Key Research: Investec downgrades LLOY LN, MS downgrades LINTA/WLP/CERN/MCK & upgrades FM/WAG Key Research: Citi downgrades BAER VX, Macquarie downgrades XTA LN, UBS downgrades DPW GY, Capstone cuts DGI Key Research: GS downgrades GENL LN & AFR LN, GS upgrades OPHR LN, CS & Numis downgrade

Key Research: JPM upgrades COG & initiates HFC/VLO (neut's) and PSX/TSO (ow's), FBR initiates FCEL Key Research: Susquehanna initiates SF (neut), Wedbush initiates KKD (op), Northcoast initiates C00 (buy) Key Research: Investec downgrades LLOY LN, MS downgrades LINTA/WLP/CERN/MCK & upgrades FM/WAG

l) Key Research: Dalhman Rose cuts Airlines Sector to cautious & downgrades DAL/UAL and JBLU/SKYW (sells) Key Research: Nomura downgrades BOSS GR, Macquarie downgrades LLOY LN, Wells upgrades ABFS Key Research: Nomura initiates FUR NA/PGS NO/ SDRL (buy's) & HTG LN/TGS NO (neut) & GA FP (reduce) Reporti

ngrades MGRC Key Research: Imperial resumes BA (in-line) & initiates PCP (op), Miller Tabak initiates EOG (hold) Key Research: Jeff downgrades BP, Wedbush downgrades ADVS, JPM downgrades ABFS/BDX Key Research: Lazard downgrades CBI/DNDN/EMN & initiates WSO (neut), Baird downgrades PPO, Citi cuts DISCA

orecasts on FX assumptions (closed -1.20%) • Hitachi lowered net income forecast after missing ests for O3 profit (closed -6.4%) EFTA00396306 • Macquarie cut profit outlook for FI, FX & commodity trading biz (trading • Australia Dec trade deficit A$427mn vs est of A$800m deficit (exports +3% m/m, imp

, Opco upgrades CFR & cuts ASBC • Barcap upgrades AWI/DHI & cuts RYUKBH/PHM/RLGY/TOL & initiates HCP/VTR (ew) & HCN (ow) ••• Nomura downgrades CIT, Wedbush initiates DENN (op), Opco cuts ASBC & upgrades CFR ••• BMO downgrades LM, CLSA downgrades LIFE, CS initiates WSM (neut) & LL (op), Raja downgrades R