Epstein Secrets

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 Banks & cuts MEO1V FH & upgrades SU FP UBS adds GALP PL to most

LN (h), MS cuts BZU IM Reporting Pre-Open: GCO, JOUT, SBLK, SOL, UNFI Economic Data: Personal Income & Spending @ 8:30am, NAPM-Milwaukee PMI @ 9am, Chicago PMI @ 9:45am Fed Speakers: Kocherlakota @ 5pm (Boston) Conferences: No major conferences Analyst/Investor Days: WWD Non-Deal Roadshows: AMAT, ARMH, C

s), JPM upgrades GS, Think upgrades EBAY Key Research: JMP initiates MKTG (op) & upgrades TOL & downgrades MDC/NVR, KBW upgrades EDR Key Research: Nomura upgrades STAN.LN (buy), Wells upgrades APC & initiates TLLP (op), RBC downgrades IPXL Key Research: Baird upgrades AMAG, Barclays upgrades BIG & in

74.57 (-0.45%) Crude $102.32 (+$1.73) ***Month End (S&P 500 -2.4% mtd), Semi-annual MSCI Rebalance today*** ***CaseShiller Home Price Index @ 9am, Chicago PMI @ 9:45am*** ***Consumer Confidence @ 10am, Dallas Fed @ 10:30am*** ***Bank of Canada rate decision @ 9am, China PMI tonight @ 9pm*** EU's Juncker

pgrades 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, MS upgrade KRKA PW, RBC upgrade SVT LN, Ke

ts This Week Thursday: GDP, Retailers SSS, Kansas City Fed Manufacturing Index, Earnings (KR, TIF, NJR, ZUMZ) Friday: Personal Income and Spending, Chicago PMI, China Manufacturing PMI (8pm), MSCI Semi-Annual Index Rebalance Key Events on the Horizon December 3 — Eurogroup meeting, Eurozone PMI's, US ISM

upgrades JPM & cuts MS Key Research: GS upgrades LPS/PBI & downgrades CTSH/SAPE, RBC initiates SLW (op), Sterne initiates AIG (buy) Key Research: Nomura cuts top 3 Greek banks, Exane lowers f's European Capital Goods Key Research: Citi downgrades BMW GY, SocGen & Panmure upgrade SHP LN, JPM upgrades

), House will vote on whether to hold AG US GDP, Kansas City Fed Manufacturing, EU Summit in Brussels, RIMM) Friday: Personal Income and Spending, Chicago PMI, Michigan Confidence, EC qtrly report on Euro area, Earnings (STZ) This e-mail and any files transmitted with it are confidential and intended only

study meets goal Secondaries (announced/priced): CNDO, CNCO, HIS, AEC IPO's: N/A Key Research: Barcap downgrades CIM, Imperial initiates TPC (op), Nomura initiates FB (buy), Piper upgrades TFM Key Research: Canaccord initiates SWKS (buy) & TQNT/RFMD (holds), Telsey initiates ADS/DFS/COF/AXP/V/MA Ke

N, PAYX) Thursday: GDP, Kansas City Fed Manufacturing, EU Summit in Brussels, Earnings (FDO, CAN, NKE, RIMM) Friday: Personal Income and Spending, Chicago PMI, Michigan Confidence, EC qtrly report on EFTA00410736 Euro area, Earnings (STZ) Ike Groff 1680 Washington Blvd Stamford, CT 069011 • (203) 302-73

Swedbank downgrades ESV, Axiom initiates X (seil), Citi removes CVC from Top DB upgrades AF FP & downgrades STL NO/ITV LN, Barcap upgrades DAI GR Nomura upgrades FP FP, Helvea upgrades ROG VX, Raja downgrades RYA ID Reporting Pre-Open: ADM, AET, CMI, COH, DISCA, ECL, ETR, GT, HCP, HRS, NI, PEG, PFE,

Data: ICSC/Redbook retail sales @ 7:45am/8:55am, Personal Income & Spending / Employment Cost Index @ 8:30am, ME CaseShiller Home Price Index @ 9am, Chicago PMI @ 9:45am, Consumer Confidence @ 10am API crude oil inventories @ 4:30pm Conferences: KBW Community Bank Conference (NYC), BMO Biotech Corporate Ac

i downgrades BLC (sell), Citi downgrades SQM Europe Key Research: ••• UBS downgrade TKA GY, TCY LN, JPM upgrade GKN LN, initiate BPOST BB (ow) ••• Nomura initiate BPOST BB (b), upgrade ALU FP, MS initiate BPOST BB (ew) • Barc downgrade URKA LI, SDF GY, +ve IN LN, ING FP, ING upgrade VST PW ••• SocGen

ny competing bids to surface (SU FP trading +4.3% and ISYS LN trading 501p last). Busy macro day ahead with EFTA00386261 the ADP Employment, GDP, Chicago PMI all due out this morning before the Fed later this afternoon. FOMC statement hits at 2pm but there will be no SEP update or press conference along w