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in the People's Daily suggesting that China should cut luxury goods tax to help boost consumption (has been speculated before many times) which had Prada closing +3.1% in HK and the European luxury basket is +50bps to start the day. SPA's - flat once again = 1412 last. ***Michigan Confidence @ 9:55a
rch: DB initiates CYMI (hold), Raja downgrades APKT, RBC downgrades MRVL, CLSA initiates BEAM (up) EFTA00406607 Key Research: Evercore cuts GRPN, Jefferies raises AAPL pt & downgrades VVUS, Wells upgrades VIAB Key Research: JPM upgrades COG & initiates HFC/VLO (neut's) and PSX/TSO (ow's), FBR initiate
e world) stepping up efforts to be more active (FT) • France June industrial prod -1.4% m/m vs est +0.3%, manufacturing prod -0.4% vs est +0.5% • Prada reported yesterday after Asia close (during US hours), numbers look light (closed -1.8%) • Nikon cuts forecast by almost 25% as demand for compact
iced at $22 (above range), Mix Telematics (MIXT) 6.3M ADS priced at $16/sh (high-end) US Key Research: ••• GS downgrades FL, Compass Point cuts DV, Jefferies initiates XXIA (buy), CS downgrades SPH • DB upgrades IHS (buy), Wells upgrades STJ, JPM upgrades CSCO, Raja downgrades LEAP RBC initiates VNTV (op
he Housing headache felt all over WSJ<http://online.wsj.com/article/SB10001424052702303654804576341603462686900.html? mod=ITP_moneyandinvesting_0> Prada, retailers seek Billions from Hong Kong WSJ<http://online.wsj.com/article/SB10001424052702304066504576340882752701952.html? mod=ITP_moneyandinvesti
downgrades CBOE (sell), W Blair upgrades ESI/DV/EDMC & downgrades CPLA/STRA, BofA initiates CLGX (buy) Key Research: Merriman upgrades KVHI (buy), Jefferies initiates SON (hold), Bofa downgrades HSBA.LN & initiates TMS (buy) Key Research: BMO downgrades LFT & DEER, CS resumes CYH & THC (op's), GS downgr
JPM upgrades DEB LN, Kepler initiates IPG IM, Enskilda upgrades IJ SS, SocGen initiates INFO IN (h) • MainFirst initiates LUX IM (op), SFL IM 9op), Prada (op), SFER IM (op), TOD IM (up), BC IM (up) :••• MainFirst upgrades KER FP and downgrades CFR VX & RMS FP, SocGen initiates PMI IM (h) Reporting Pr
vercrest Asset Management (SAMG) 4.79M shares priced at $11 IPO's: IBEX LN, MATAS DC, KGX GY, Ocean Yield books closing today US Key Research: ••• Jefferies initiates OCN/PMT/WAC (buys) & NSM/PFSI/PHH (holds), Roth re-establishes BDE (neut) •••• Opco initiates ZINC (op) & PANW/HXL (perform), SocGen initi
• JPM upgrade HLCL LN, downgrade AOX GY, DEB LN, RGU LN, GRI LN, remove EKTAB from analyst focus list • BERN positive on Luxury: (CFR VX, 1913 HK (Prada), MC FP (op), BRBY LN, PP FP, UHR VX (mp), RMS FP (up) ••• Citi upgrade SESG FP,UBS upgrade GFC FP, downgrade LAD LN, CS downgrade LRE LN, upgrade T
NH/Samsung (sells), Atlantic initiates COV & VAR (ow's) ••• Multiple BFAM initiations, Citi downgrades JCP, GS removes QCOM from conviction buy ••• Jefferies downgrades MR, Piper initiates PPHMNNDANVUS (ow's) & CLVS (neut) & NAVB (uw) ••• KBW upgrades ICE, Roth initiates CYTX (buy), WBlair initiates BMY (
Entities connected to both Prada and Jefferies

Jeffrey Epstein
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Donald Trump
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Jared Kushner
PERSONLeon Black
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Marc Rich
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Colorado
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Tony Blair
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Prince Andrew
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Denver
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J. Robert Oppenheimer
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Joseph McCarthy
PERSONRubin
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George W. Bush
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Justin Trudeau
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Julie K. Brown
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Bloomberg L.P.
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Lesley Groff
PERSONIke Groff
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Vladimir Putin
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Wilbur Ross
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