Epstein Secrets

fit forecast & to eliminate 25% of workforce by 2015 (trading -6.5%) UK March budget deficit narrowed beating estimates & remained w/in Chancellor Osborne's borrowing plans for the year Australian Producer Prices rose 1.2% in 01 (more than forecast) on building inflationary pressures (AUD record high

beverage (RAH/DF/MJN/THS/FLO/HAIN), Macquarie initiates US Chemicals (KRA/FMC/ROC/SOA) Key Research: Barcap upgrades NOVN.VX, Baird downgrades PII, Wells downgrades NVE, JPM initiates CRR (ow) & LG FP (neutral) Key Research: GS downgrades SINA (sell) & upgrades CRH (conviction buy) and ACH, Benchmark

e Lex • Vodka: in need of a shot Lex • Bitcoin voted one of 2014's worst investments as value plummets Independent • Danny Alexander interview: Osborne savaged by his closest ally in the Coalition Independent • We have to make finance fairer for customers - here's three ways we can do it Telegraph

$100M IPO US Key Research: .' Barcap initiates VA (ow), DB initiates VA (buy), MLB initiates EFC (hold) & HALO (buy) ••• Ladenberg downgrades MMM, Wells initiates ACAT (mp) Europe Key Research: • SNS downgrades NUO NA, Degroof downgrades REC BB Reporting Pre-Open: PNY Economic Data: MBA Mortgage A

re 'could warm planet for centuries' Telegraph • No one wants Russia to implode but optimists have their work cut out Telegraph • We're giving Mr Osborne the best Christmas present - a solution to business rates Telegraph • The US dollars status has fallen — but not uniformly Guardian • Afghanistan

CPB & CLX (sell) & upgrades AA (buy), Imperial initiates NVGS (op) • ISI downgrades BRCD, JPM initiates CRZO (ow), Stifel initiates CRTO (buy) ••• Wells initiates UMBF (mp), Citi initiates LEAF (buy), KBW initiates LEAF/ESNT (op) RBC downgrades AOL & upgrades HTLD, Raja upgrades BLMN/JBLU, UBS initia

SJ • Portugal's Government Thrust Into Turmoil WSJ • Brazil's President Proposes Overhauls WSJ • Buyers Dodge Homeowner Limits in China WSJ • Osborne claims right to act for taxpayers on RBS The Times • Disgraced Olympus chiefs escape prison sentences for accounting scandal The Times • Lloyds w

s: YuMe (YUME) files for $65M IPO through Citi and DB US Key Research: EFTA00388081 ••• BB&T initiates PGEM (buy) & cuts KNX, KBW downgrades ENH, Wells downgrades BLC • RBC initiates ASGN/RHI/ECLCTAS/CQP (op) & ROUMAN (sp), CS upgrades AN & cuts AN & initiates APU ••• Guggenheim initiates CLDX (buy