Epstein Secrets

CBL • HSBC initiates MDR (neut) & downgrades CAM, SocGen downgrades NBL, Wells initiates ZBRA (mp) • Nomura upgrades PCS, Avondale downgrades ANN, Canaccord cuts TEVA, DB upgrades NTES (buy) • Jeff initiates PAY (hold), Roth downgrades SKUL Europe Key Research: • UBS downgrade SMIN LN, EUR PW, EMMN SW,

stepping down (successor likely to be named by end of Feb) April 15 — #NoBudgetNoPay deadline for Congress May 19 — US debt ceiling limit July 1 — Mark Camey takes over as BOE Governor September — German elections EFTA00396070 Ike Groff ,Description: Descrietion: This e-mail and any files transmitte

(buy), Evercore initiates GOGO (ow) ••• Miller Tabak initiates AREX/FANG (buys), KBW upgrades TAYC/MBFI ••• FBR upgrades ADBE, Baird upgrades BWA, Canaccord downgrades GSS (sell) ••• Raja downgrades ININ, BMO cuts PKG, Williams Capital cuts NVE Europe Key Research: • CS downgrade ULVR LN, JMAT LN, GS c

salvation pact" deadline between 3 top political parties Key Events on the Horizon July 31 — FOMC rate decision August 1 — BOE/ECB rate decisions (Mark Camey to present review of forward guidance) August 21 — Fed Minutes from July30/31 FOMC meeting August 22-24 — Jackson Hole Annual Economic Policy Sympo

DDD (buy) ••• UBS cuts AES, SocGen upgrades BA, Wedbush initiates ININ (neut) & JCOM/NUAN (op) ••• Johnson Rice downgrades MDR, JMP downgrades MU, Canaccord downgrades RCII ••• BB&T upgrades SRI (buy), JPM downgrades GEVA, Nat Bank cuts GSS EFTA00390548 Europe Key Research: • JPM upgrade GARAN TI and

fter 6pm EST June 21 — Updates to the lists of adds/deletes for the Russell Rebalance June 28 — Russell Rebalance on the close of trading July 1 — Mark Camey takes over as BOE Governor September — German elections Ike Groff 1680 Washington Blvd I Stamford, CT 069011 It ty]Description: Description: Thi