) Europe Key Research: • Citi upgrades European Insurance to overweight, GS adds DGE LN & UNA NA to CL Buy, Citi upgrades GNK LN • SocGen upgrades BVIC LN, JPM initiates GN DC (ow) & downgrades HSV LN, DB upgrades VOD LN • Exane downgrades HNR1 GY & MUV2 GY, Kepler says stay underweight Telecom sector,

opean IT Services, CS LN ING initiates DE NA (hold), Numis downgrades IHG LN, BofA uprades PHIA NA & MainFirst downgrades ASML NA, BofA downgrades BVIC LN, ING downgrades OR FP Reporting Pre-Open: FAST, PGR, CBSH, EMMS, TRIB Reporting Post-Close: ANGO, CERE, OZRK, RECN Economic Data: Jobless Claims /