Epstein Secrets

ta Materials to explore friendly offer this time for Vulcan Materials (WSJ) • California port strike could cost economy $16 per day (NRF calling on Obama to intervene) • Moody's downgrades ESM to Aa1 from Aaa to reflect France downgrade (Friday after close) • EADS confirms that key shareholders are

es UBM LN Key Research: Raja initiates Prada (1913 HK) (mp), CS initiates ITX SM (up), Exane upgrades ARM LN, DB downgrades RDSA LN Key Research: Berenberg downgrades SAN FP, Berenberg downgrades RBI AV & EBS AV, Berenberg initiates KBC BB (buy) Reporting Pre-Open: CONN, LDK Reporting Post-Close: CWST

a initiates Prada (1913 HK) (mp), CS initiates ITX SM (up), Exane upgrades ARM LN, DB downgrades RDSA LN Key Research: Berenberg downgrades SAN FP, Berenberg downgrades RBI AV & EBS AV, Berenberg initiates KBC BB (buy) Reporting Pre-Open: CONN, LDK Reporting Post-Close: CWST, PBY Economic Data: Markit

grades ENEL IM, Swedbank downgrades YAR NO, DB upgrades FP FP, HSBC upgrades EFTA00400427 Key Research: RBC upgrades ERICB SS, DB upgrades ETI FP, Berenberg initiates JAZ SM, Investec downgrades UBM LN Key Research: Raja initiates Prada (1913 HK) (mp), CS initiates ITX SM (up), Exane upgrades ARM LN, DB

• Curbs on tax inversions fail to convince FT • Ebola cases could hit 1.4m by January, say researchers FT • No hard landing yet in China FT • Barack Obama's halfhearted swipe at tax inversion FT • Mobile gaming: missing the jackpot Lex • Yara/CF Industries: reap what you sow Lex • Philips: ex uno, p

FT • No hard landing yet in China FT • Barack Obama's halfhearted swipe at tax inversion FT • Mobil

rchers FT • No hard landing yet in China FT • Barack Obama's halfhearted swipe at tax inversion FT •

•••• Commerzbank upgrades MRK GY, Barclays strategy downgrades EM & upgrades Japan, Natixis downgrades IAM FP ••• Barclays reinstates ELPE GA (ew), Berenberg downgrades TATE LN, BofA remains cautious Greek Banks ••• UBS upgrades TATE LN & downgrades ERICB SS, JPM downgrades TATE LN & THR BB, Jefferies dow

pm *** ***AEO & ANN report pre-open / ARO & GES report after close*" ***Jefferies Global Energy Conference (Houston) begins"' ***13 CEOs meet with Obama today to discuss fiscal cliff"' • Green Mountain Q4 easily beat (profit surged 22%) on k-cup sales boosted FY2013 view (trading +20%) • Analog De

pgrade SVT LN, Kepler upgrade RCO FP MS upgrade ENI IM, MS downgrade REP SM, GS upgrade SWMA SS, Numis downgrade 117 LN Berenberg downgrade VOD LN, Berenberg downgrade LG FP, CS downgrade ELI1V FH CS upgrade TDC DC, Exane upgrade DELB BB, BofAML upgrade PFG SJ, Akros cuts BMPS IM HSBC upgrade DEB LN, Cit

N, MS upgrade KRKA PW, RBC upgrade SVT LN, Kepler upgrade RCO FP MS upgrade ENI IM, MS downgrade REP SM, GS upgrade SWMA SS, Numis downgrade 117 LN Berenberg downgrade VOD LN, Berenberg downgrade LG FP, CS downgrade ELI1V FH CS upgrade TDC DC, Exane upgrade DELB BB, BofAML upgrade PFG SJ, Akros cuts BMPS

world stage Independent • Hillary Clinton struggles to explain why she accepted $675,000 from Wall Street bankers Independent • Rubio criticizes Obama mosque speech for implying 'US discriminates against Muslims' Guardian • Is stagnation the 'new normal' for the world economy? Guardian • First C

pgrades SDF GY & ICL IT, Jefferies initiates SRG IM (buy), Citi downgrades G IM (sell), Barcap downgrades CCH LN • Alpha Value downgrades SWEDA SS, Berenberg initiates IFX GY (buy) & STM FP (sell), Mediobanca downgrades GAS SM • Berenberg initiates ELIS FP (buy), Macquarie initiates LGEN LN (up), Nordea

underperformed with the Nikkei grinding to close at the lows. Some pointing to disappointment over the lack of a high-level agreement on TPP at the Obama/Abe press conference as well as de-risking ahead of tomorrow's Tokyo CPI numbers as reasons for the weakness. Australia and New Zealand were modestl

••• Kepler upgrades LNZ AV (buy), Swedebank downgrades ERICB SS, Pareto cuts HEX NO (sell) DB upgrades PHOR RU (buy), Mediobanca upgrades MSK IM, Berenberg upgrades TKA AV ••• HSBC downgrades RRS LN/HOC LN & upgrades ABG LN, MS downgrades UMI BB ••• SEB Enskilda upgrades TLSN SS and UNR1V FH (buy) & cu

ink FT • Cement merger tries to head off regulators FT • Chinese developers beef up bank stakes FT • Global recovery 'hinges on reforms' FT • Obama's hope of reshaping Supreme court fades FT • Nasdaq setbacks test shareholder patience FT • Bicycle component makers ride sales boom FT • UK di

ades ZOT SM & cuts ROVI SM & reinstates SCYR SM (buy) and FCC SM (reduce) • Canaccord cuts SYR LN (sell) & upgrades ABC LN & initiates GMS LN (buy), Berenberg upgrades LEI GR (buy) Reporting Post-Close: MY, SHLM, TISI, ZEP Economic Data: Consumer Credit @ 3pm Fed Speakers: Bullard @ 11:45am (LA) Confere

ddle Pricey Commercial Loans WSJ • Gates Faults Obama Over Afghanistan WSJ • IBM Struggles to Turn Wa

's: City Office REIT (OFFC) files for $115M IPO through Janney and Wunderlich US Key Research: Bofa upgrades IART & cuts TCS, Barcap cuts HUMIMGLN, Berenberg cuts VECO • BMO downgrades LLY, BTIG initiates BSX/ELGX/STJ (buy) & MDT (neut) ••• Compass point downgrades KFN, CRT initiates RGRISWHC (buy) •••

DNB, MAC, VNO earnings after close"" • 19 US embassies and consulates in the Middle East will remain shut thru Aug 10 after terror alert • Apple: Obama administration overturns the ban on sales of iPhone 4 & iPad2 (Samsung closed -0.93%) • George Clooney slams Dan Loeb over Sony (-carpet bagger" th

EVA • Wells downgrades HSH, Citi downgrades AMP, CS downgrades SFY Europe Key Research: ••• GS upgrades DRX LN & reiterates conviction buy BNP FP, Berenberg downgrades CPI LN & AKZA NA • DB upgrades MS IM, CS downgrades SFER IM, GS reinstates BET LN (buy), SocGen downgrades RBS LN • UBS downgrades OPHR

Map Pharmaceuticals (MAPP) for $958 million ($25/share = 60% premium to close) • Governor of Nebraska approves revised route for Keystone pipeline, Obama must now decide (NYT) • Siemens O1 sales inline, op profit ahead, confirms guidance, sees 2013 sales close to 2012 (trading -0.88%) • Unilever so

TEF SM) • CS upgrades (STMN SW, NOBN VX, EVR LN), Citi upgrades ALU FP and downgrades KPN NA • DB downgrade ANDR AV & BNP FP and upgrades BAER VX, Berenberg downgrades BAER VX • Commerzbank German TMT (top picks IFX GY, UTDI GY, FNT GY, SKYD GY) • Barclays upgrades RMV LN and downgrades SIS IM, MS upgra