WY LN to key buy list — WMH LN, SIG LN cut, Barclays upgrades EBS AV & RIBH AV • UBS upgrade & add ARM LN to key call list — RBS LN removed, upgrade RRS LN, Oriel upgrades RTO LN ••• UBS make AVV LN most pref stock — replaces FENR LN, HSV LN least pref stock — replaces RSW LN ••• MS resume LSE LN (ow),

C upgrade MKS LN, Swedbank downgrade GN DC, ABN initiate KPN NA (hold) UBS upgrade IMG LN, HSBC upgrade FNTN GY, DB downgrade MEL SM BofA downgrade RRS LN, UBS upgrade VIE FP, SocGen upgrade BEN FP GS upgrade HMB SS, CS upgrade SECUB SS, SocGen upgrade BARN SW Reporting Pre-Open: DF, DUK, FE, KSS, VMC