Epstein Secrets

acquire French reinsurer MutRe (trading -3.3%) • Airbus Group: La Tribune reports company to announce record 2013 gross orders (trading -0.80%) • Lloyds asked by UK government to write prospectus for remaining stake sale (trading +1.2%) • Sodexo Q1 revs shade better, FX was 5% negative, reconfirms 2

YC and WCC (buy) & cuts UTX, Bernsteain upgrades UNP • DB upgrades HSY/KRFT (buy) & downgrades DF/SJM Europe Key Research: • ABG upgrade ERICB SS, Beren upgrade TEL2B SS, CBK upgrade EVK GY, AMP IM • BofAML downgrade WDH DC, SZG GY, AKE FP, BAS GY, upgrade El FP, Al FP, LIN GY • DB initiate AOI SS,

on 4 respiratory drugs (trading +0.70%) • Anglogold O1 adj headline earnings beat prior quarter, output better, declares 50c div (trading unch) • Lloyds says Bischoff to retire as chairman by May 2014 after three years (trading -2.0%) • Betfair is understood to have sounded out investors over a revi

EL2B SS, HSBC upgrade RGS LN, MBTN SW ••• Jeff top pharma pick SAN FP, Cana upgrade CGL IM, Equinet downgrade IVG GY, Espirito downgrade GRG LN ••• Beren downgrade NRX FP, Nordea downgrade BOCONB DC, upgrade SWMA SS, Investec upgrade TET LN Equita upgrade DIA IM, ATL IM, Danske upgrade NOK1V FH Repor

deposit insurance levy of between 50 and 100bps which they'll announce tomorrow. European markets also broadly higher to start the session. SocGen, Lloyds, Danske Bank all trading up over +7-8% on solid numbers has the Stoxx600 Bank Index (SX7P) leading the way up. Healthcare underperforms as Sanofi i

e ANH LN (b), initiate ANH LN (b) ••• UBS upgrade APN SJ, GBF GY, KPN NA, Bern downgrade BARC LN • JP downgrade URKA LI, COLR BB, Barc -Eve ABI BB, Beren initiate VASTN NA (b) ••• MAQ remove ITV from cony buy, downgrade RWE GY, upgrade AF FP ••• HSBC downgrade BNR GY, NXT LN, Citi downgrade DUFN SW,