Epstein Secrets

12-2013 eurozone GDP forecasts this morning. German IFO business confidence prints at a 2yr low = 105.3 versus estimate 105.6. Troika heads back to Athens on Monday to review reform progress (or lack thereof) and possibly pave the way for a tweaking of the bailout terms. Goldman's Jim O'Neill was on CN

to Conviction Buy List & cuts PTEC LN, DB initiates PANL (buy) Key Research: JPM initiates VFC (ow), MS upgrades ONYX, Think initiates MASI (buy), Baird initiates SHW (neut) Key Research: Bofa upgrades JACK, BMO upgrades AIV, Wells downgrades R/RFMD & initiates RDEN/EL (op's) Key Research: MainFir

xpected to be officially announced late today or tomorrow morning between New Democracy, Pasok, and the Democratic Left (troika will send a team to Athens as soon as it is). Proctor & Gamble issues a profit warning at the DB conference in Paris today (following Danone yesterday), causing further weakn

S downgrades DANOY & initiates AHS/CCRN/LPNT/ASGN/THC/UHS/VHS (nut's) an CYH/HMA (buy's) Key Research: Nomura upgrades Honda Motor (7267 JP) (buy), Baird upgrades CHH, BMO upgrades CSCO Key Research: Wells initiates APOL/CECO/DV/LRN (op's) and ESI/STRA/COCO (mp's), RBC downgrades KEX Key Research:

U exit The Times • The Bankia banker who 'didn't understand anything' The Times • 'Build ring-fences or we will force you' The Times • Anger in Athens as Greek austerity measures passed Guardian • Wall Street looks to Congress to resolve economic fiscal cliff Guardian • European commission predi

es CORT/CNQR, Raja upgrades AMNB & cuts CLH Bofa reinstates BX/LM/MS (neut's) and TROW/BEN/GS/KKR (buy's), Evercore cuts CBS, BMO upgrades CMI/HNT, Baird upgrades FMER, RBC upgrades ED/SO, Wedbush initiates CREE (op) Citi cuts LFUGOUDVN & upgrades ROSE, HSBC downgrade CSGN VX, CBK cuts LXS GY DNB dow

to 136% of GDP vs the 120% target (note the Bundestag will be voting on the Greece bailout on Feb 27). Meanwhile another 48 hour strike has begun in Athens today. ***Trade Balance @ 8:30am, Michigan Confidence @ 9:55am, Treasury Budget @ 2pm*** ***Bernanke speaks on housing @ 12:30pm, China trade data

AKS and MASI (sell) & initiates COH/RKT (buy's) & JEC (neut), Piper initiates CRIS (ow) Key Research: DB downgrades ORLY/AMRS/MPEL & upgrades COP, Baird downgrades XCO/SLGN/ORLY/TLEO & upgrades ALXN/SEE Key Research: GS adds ATVI to Conviction Buy list & resumes SYMC (neut) & upgrades EFX (buy) & c