d to announce today) (Globe and Mail<http://www.theglobeandmail.comisports/hockey/atlanta-thrashers-moving-to- winnipeg/article2029179/>) Glencore (GLEN LN) trading at deal price 530p (opened lower - 525p) (volume 79 million shares so far) Prada wins approval from Hong Kong stock exchange for a $2 bil

des SWX Europe Key Research: ••• UBS remove LMI LN from least pref, downgrade, CS upgrade VWS DC, JPM upgrade ADEN VX • BofAML upgrade ACL SJ, add GLEN LN to Europe 1 list, Barc downgrade NES1V FH, EZCH IT ••• GS initiate TBS SJ (b), AVI SJ (b), PFG SJ (s), NPK SJ (n), upgrade ENKAI TI, SIBN RM, downgr

M, +ve PSM GY, -ve SPR GY ••• BofAML downgrade RBS LN, upgrade AQP AU, GS downgrade SAND SS, initiate MSK IM (b) ••• CS upgrade EAD FP, Citi resume GLEN LN (b), JP downgrade EUR PW, upgrade HFD LN ••• UBS initiate MSK LN (b), upgrade GARAN TI, downgrade IMG LN, CBK resume SW1 GY (h) ••• Akros upgrade P

FP, RBC upgrade FRES LN • MS upgrade FUM1V FH, Fl IM, downgrade SEV FP, VOLVB SS, resume MAN GY (ew), Oriel u/g RCP LN, d/g REX LN • SocGen upgrade GLEN LN, POM FP, Investec upgrade MONY LN, SEB upgrade IFSB SS, ORNBV FH • Exane downgrade ES IM, ELE FP, Chev restart SKFB SS (up), SAND SS (up), ALFA SS (