Epstein Secrets

arcap upgrades LNC & downgrades RGA, GS upgrades GPC and SFUN (buy) • Imperial upgrades ZBRA/GDP and initiates SBGL (op), RBC initiates ATEN (op) • Jefferies upgrades UNFI (buy) and initiates HLT (hold), Nomura upgrades GHL & cuts MSI EFTA00370916 • Raja initiates NMBL (op), Baird initiates LPI (op), UB

m June. Outside of Japan, China macro numbers were in focus especially a slightly better beat in GDP: GDP 7.4% (Cons 7.3%); Mar IP +8.8% (Cons +9%); Retail Sales +12.2% (Cons +12.1%). ChiNext fell nearly -1.0% on continued noise on IPO resumption with some talks that subscriptions could resume next week. Eur

iced at $22 (above range), Mix Telematics (MIXT) 6.3M ADS priced at $16/sh (high-end) US Key Research: ••• GS downgrades FL, Compass Point cuts DV, Jefferies initiates XXIA (buy), CS downgrades SPH • DB upgrades IHS (buy), Wells upgrades STJ, JPM upgrades CSCO, Raja downgrades LEAP RBC initiates VNTV (op

vs est +2.8% (unchanged from June and well below the government's +3.5% upper limit), PPI declined for 17th straight month (-2.3% y/y vs est -2.2%), Retail Sales +13.2% vs est +13.5%, Industrial Output +9.7% vs est +8.9%, FAI +20.2% vs est +20.0%. Japan O2 preliminary GDP will be out on Sunday night which sho

s) & SONS (neut) & ADTN (up) ••• GS initiates PF (neut) & MDVN/BMRN (buys) & initiates INFI/PCYC/SGEN (neut's) & INCY (sell) • ISI downgrades HOLX, Jefferies assumes MTD/LIFE (hold), Stifel initiates OMTH (buy) ••• Wells initiates CHS/KORS/ANF/GPS/URBN (op) & ANN/JWN/KSS/LULU/M/RUE/TJX/TIF/AEO (mp) & JCP

C), D.A. Davidson Financial Services Conference (Seattle, WA), Earnings (CTSH, LINTA, ATVI, CTL, MNST, NWSA, EXPD) Thursday: Wholesale Inventories, Retail Sales, BOE rate decision, Earnings (AES, APA, CVC, DF, PCP, WIN, XRAY, CFN, NVDA) EFTA00390878 Friday: Treasury Budget Statement, G8 Fin Min / central