ion stronger (trading +1.8%) • Balfour Beatty sells UK facilities business for £190 million, decent short interest in the name (trading -0.36%) • Tesco has entered into a MoU with China Resources to combine Chinese retail operations (trading +1.1%) • Swedish Banks: finance minister Borg talking abo

rey WSJ • Italy Aims for More Budget Austerity WSJ • 'London Whale' Unlikely to Face Charges WSJ • China Trade Offers Taste of Recovery WSJ • Tesco, China Resources in Talks Over Joint Supermarket Venture in China WSJ • Banker to the Poor No More WSJ • Noonan: How Obama Wooed the Middle Class

} where post EU referendum realised vol was the highest relative to current 1y ATMf vol. The 10 names are: Barclays, Aviva, Prudential, BT, Glencore, Tesco, CRH, BA, Standard Chartered & HSBC. Hedge portfolios against a buy-the-dip failure should a faster rate cycle ultimately jeopardize it he MSCI inc

) where post EU referendum realised vol was the highest relative to current 1y ATMf vol. The 10 names are: Barclays, Aviva, Prudential, BT, Glencore, Tesco, CRH, BA, Standard Chartered & HSBC. Hedge portfolios against a buy-the-dip failure should a faster rate cycle ultimately jeopardize it Sell rich F

an online news website,= was referenced as living in Notting Hill, West London with a "stylist in her mid-40s called ==, who worked for Boden and Tesco catalogues". (DailyMail I "Robert Maxwell daughter Ghislaine embroiled in Prince Andrew scandal" I 11 March 2011 1 www.dailymail.co.ukgemailianicle

om, an online news website, was referenced as living in Notting Hill, West London with a "stylist in her mid-40s called , who worked for Boden and Tesco catalogues". (DailyMail "Robert Maxwell daughter Ghislaine embroiled in Prince Andrew scandal" I 11 March 2011 1 www.dailymail.co.uk/£email/article

om, an online news website, was referenced as living in Notting Hill, West London with a "stylist in her mid-40s called , who worked for Boden and Tesco catalogues". (DailyMail "Robert Maxwell daughter Ghislaine embroiled in Prince Andrew scandal" I 11 March 2011 1 www.dailymail.co.uk/femail/article

line news website, was referenced as living in Notting Hill, West London with a "stylist in her mid-40s called MI=, who wefkerworked for Boden and Tesco catalogues". (DailyMail I "Robert Maxwell daughter Ghislaine embroiled in Prince Andrew scandal" I II March 2011 1 wyAv.dailymail.co.uk/femailiarti

an online news website, was referenced as living in Notting Hill, West London with a "stylist in her mid-40s called Ell= who works for Boden and Tesco catalogues". (DailyMail I "Robert Maxwell daughter Ghislaine embroiled in Prince Andrew scandal" I 11 March 2011 1 www.dailymail.co.uk/femail/artic

le without significant tax consequence. 1. Twitter 2. Staples 3. Target 4. Geron 5. Apache 6. BNP 7. Kirin 8. HSBC 9. B0C HK 10. Tesco 11. BHP 12. Lukoil 13. Alstom Total Proceeds Raised from sales (approx.): $821K Total Gains from sales (approx.): $70K Total Losses from sal

ble without significant tax consequence. 1. Twitter 2. Staples 3. Target 4. Geron 5. Apache 6. BNP 7. Kirin 8. HSBC 9. B0C HK 10. Tesco 11. BHP 12. Lukoil 13. Alstom Total Proceeds Raised from sales (approx.): $821K Total Gains from sales (approx.): $70K Total Losses from sales

le without significant tax consequence. 1. Twitter 2. Staples 3. Target 4. Geron 5. Apache 6. BNP 7. Kirin 8. HSBC 9. B0C HK 10. Tesco 11. BHP 12. Lukoil 13. Alstom Total Proceeds Raised from sales (approx.): $821K Total Gains from sales (approx.): $70K Total Losses from sal

le without significant tax consequence. 1. Twitter 2. Staples 3. Target 4. Geron 5. Apache 6. BNP 7. Kirin 8. HSBC 9. BOC HK 10. Tesco 11. BHP 12. Lukoil 13. Alstom Total Proceeds Raised from sales (approx.): $821K Total Gains from sales (approx.): $70K Total Losses from sal

ble without significant tax consequence. 1. Twitter 2. Staples 3. Target 4. Geron 5. Apache 6. BNP 7. Kirin 8. HSBC 9. B0C HK 10. Tesco 11. BHP CONFIDENTIAL UBSTERRAMAR00000521 EFTA00236225 12. Lukoil 13. Alstom Total Proceeds Raised from sales (approx.): $821K Total Gains fr

UBS: cracking the egg Lex • KPN: Slim pickings Lex • Japan can put people before profits FT • Be afraid, very afraid, of the tech crisis FT • Tesco's convenient truth — revealed The Times • Barclays' mis-selling bill to top £3.4bn The Times • Jim O'Neill to leave Goldman Telegraph • How thi

the 'considerable time" language might be dropped to start more formally preparing the markets for the first rate hike in mid-2015 (WSJ) (Reuters). Tesco trading -10.2% in the UK after another big profit warning and weighing on the rest of the food retailers. WTI Crude traded as low as $62.25/bbl earl

sell International unit for €550M, all net proceeds returned to holders (trading +0.53%) • Sports Direct option agreement with GS on 23M shares of Tesco (SPD LN -0.75%) (TSCO LN -0.74%) • UK Mail trends in Q2 disappoint, September parcel data weak (UKM LN trading -13.2%) (RMG LN -3.4%) • AB Inbev

lears US Senate FT • Flat Japanese consumer prices aid Kuroda Fr • CVC attracts pledges of €14bn in six months FT • Sports Direct in talks with Tesco over sharing space Fr • GDP revisions leave UK economy further from recovery FT • Industry asked to curb peak power use FT • Iran, Russia and C

, RBCN, UTHR, OXR, ENS, APOG, LMIA, CKH, CTIC, SRTI, CRWN, RBY, SA, GTE, MRVL, HOGS Equity/Mixed Shelfs: BRKS ($200M) IM 600 change (after close): Tesco (TESO) replaces CH Energy (CHG) Other Newspaper Articles & Stories WSJ cautious: General Mills (GIS) WSJ • Italy faces restructured derivatives h

88.ece> Chancellor rejects Europe's 'idiotic' banking deal The Times<http://www.thetimes.co.uk/tto/business/industries/banking/article3403339.ece> Tesco tries to tempt savers with new bond The Times<http://www.thetimes.co.uk/tto/business/industries/banking/article3402936.ece> Unfair division of the

by August 31 (our final private raise). I've raised $750,000 from our existing investors, $500,000 from Francesca, and $300,000 from John Porter (of Tesco). So $1.55 million confirmed. Francesca can go as high as $2 million and John can go as high as $1.2 million. So that makes the round oversubscribed