Epstein Secrets

upgrades CMO, CS upgrades AXA, Kaufman reinstates EBAY (buy) Key Research: Cowen lowers estimates NVDA, Susquehanna raises target & estimates MRX, Jefferies upgrades WPRT (buy) Reporting Pre-Open: MON, MSM Reporting Post-Close: BBBY, APOG, BLVD, NAUH, OCNF, PBY, RELL, RT, SMSC, WDFC Economic Data: MBA

eries of accounting scandals - South China Morning Post EFTA00435927 Key Events This Week Thursday: Consumer Credit, Bloomberg Consumer Comfort, BOE & ECB rate announcement, Earnings (STZ) Friday: USDA Crop Report, Wholesale Inventories This e-mail and any files transmitted with it are confidential a

DB initiates MDSO/CERN/ATHN/MDAS/MDRX (buy's) & CRL/CVD/PRXL/CPSI/QSI (hold's) DB downgrades O, GS downgrades PM, Imperial initiates RAD/RDWR (op), Jefferies cuts ED ••• Citi upgrades MTL (buy), Raja cuts GBX/QCOM/TRN, BMO upgrades HSH, JPM cuts SJM ••• FBR initiates MWW (op), Longbow initiates NAV (neut

nges effective on the close Nov 27 — Italy Senate to vote on expelling Berlusconi from Parliament Nov 28 — US Thanksgiving (market closed) Dec 5 — BOE & ECB rate decisions EFTA00379411 Dec 18 — FOMC rate decision Jan 15 — Current CR runs out Feb 7 — Debt ceiling deadline (Treasury can use extraordina

grades BIDU (buy) & initiates SKX (buy) ••• BTIG upgrades FB (buy), DB downgrades X, Evercore downgrades DLR ••• GS downgrades CRS and CHKR (sell), Jefferies initiates DKS (hold) • JPM downgrades EW, MS initiates FINUFL (ew) & assumes NKE (ow) and UA (ew) ••• Steme initiates RLGY (neut), Bofa downgrades

ruction Spending, Global Vehicle Sales, Earnings (CVX, NEE, WPO, BLT) Saturday: China NBS non-manufacturing PMI Key Events on the Horizon Nov 7 — BOE & ECB rate decisions Nov 28 — US Thanksgiving (market closed) Dec 5 — BOE & ECB rate decisions Dec 18 — FOMC rate decision Jan 15 — Current CR runs out

), Citi initiates LEAF (buy), KBW initiates LEAF/ESNT (op) RBC downgrades AOL & upgrades HTLD, Raja upgrades BLMN/JBLU, UBS initiates PX (neut) ••• Jefferies downgrades SCHN, Bernstein upgrades SYK, Wells initiates UMBF (mp) Europe Key Research: • DNB downgrade MEO1V FH, Berenberg initiate LNZ AV (h) •

ay: China November manufacturing PMI Sunday: China November HSBC manufacturing PMI Key Events on the Horizon Dec 4 — OPEC meets in Vienna Dec 5 — BOE & ECB rate decisions Dec 13 — Congress budget deal deadline Dec 18 — FOMC rate decision Jan 15 — Current CR runs out Jan 21 — State of the Union Addres

IPO priced at $18 (above), Ardmore Shipping (ASC) 10.0M share IPO prices at $14.00 (below) EFTA00386462 US Key Research: • ISI downgrades MDAS, Jefferies downgrades EDG & increases AAPL pt, Roth cuts BJRI ••• Opco upgrades GPN & initiates MJN (perform), Citi cuts JCP (sell) & upgrades LPLA (buy) • DB

(est 52.8), Italy 50.4 (est 49.7), Spain 49.8 (est 50.6), Sweden 51.3 (est 53.0). Note that Switzerland is closed for holiday today (National Day). BOE & ECB coming up @ 7am & 7:45am respectively. No changes expected for the BOE although Mark Carney and team will present their review of introducing forwa