Epstein Secrets

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

speculation making the rounds Qataris to acquire Bankia's 12% stake (trading -1.3%) Abertis sells 7% of its 15% stake in Eutelsat to CIC for C385M (ETL FP trading +2.2%) William Hill receives non restricted gaming commission license for Nevada (trading +0.30%) Italy consumer confidence index falls a

ST & downgrades PRI and SIAL (sell), Barcap initiates USAC (ow) • Key upgrades KNX/SWFT/HTLD (buy's) Europe Key Research: • Citi downgrade TCG LN, Nomura upgrade ETL FP, JPM upgrade BBVASM, LKOH RM, NEX FP • BofAML downgrade RICHT HB, CGL LN, upgrade KOZAL TI, reinstate ABE SM (n), ATL IM (up), ••• G

PRI and SIAL (sell), Barcap initiates USAC (ow) • Key upgrades KNX/SWFT/HTLD (buy's) Europe Key Research: • Citi downgrade TCG LN, Nomura upgrade ETL FP, JPM upgrade BBVASM, LKOH RM, NEX FP • BofAML downgrade RICHT HB, CGL LN, upgrade KOZAL TI, reinstate ABE SM (n), ATL IM (up), ••• GS upgrade PGE P

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

grade IN LN, PWTN SW, MAQ downgrade DSV DC, SDF GY • Mirabaud upgrade ABI BB, RBC downgrade STHR LN, Investec upgrade GKN LN • HSBC upgrade WCH GY, ETL FP, downgrade SDF GY, TLPR LN, ICL IT, URKA LI • BofAML upgrade DEC FP, reinstate SGRO LN (b), Nordea upgrade ORNBV FH ••• Exane upgrade AAL LN, initi