>>> Up
*ANTOFAGASTA RAISED TO NEUTRAL AT MACQUARIE
*INDRA RAISED TO HOLD VS SELL AT SOCGEN
*PREMIER FOODS RAISED TO HOLD VS SELL AT SOCGEN
*STMICROELECTRONICS RAISED TO NEUTRAL VS UNDERWEIGHT AT HSBC
*WERELDHAVE RAISED TO BUY VS HOLD AT ING
>>> Down
*BALDA CUT TO ADD FROM BUY AT FIRST BERLIN
*MARINE HARVEST CUT TO NEUTRAL VS BUY AT CITI
*MERSEN CUT TO HOLD VS BUY AT SOCGEN
*PREMIER OIL CUT TO NEUTRAL VS BUY AT GOLDMAN
*PUMA CUT TO SELL VS NEUTRAL AT UBS
*SINO-OCEAN CUT TO SELL VS NEUTRAL AT UBS
*WAERTSILAE CUT TO HOLD VS BUY AT NORDEA
*ZUMTOBEL RAISED TO BUY VS NEUTRAL AT UBS
>>> PT Change
*SAIPEM PT CUT TO EU11 VS EU13 AT NOMURA; KEPT AT REDUCE
*TOD’S PT CUT TO EU95 VS EU98 AT SOCGEN; KEPT AT SELL
>>> Initiation
*AEGON RATED NEW HOLD AT BERENBERG; PT EU7.2
*ANHEUSER-BUSCH RATED NEW BUY AT BTIG, PT EU86
*BEIERSDORF RATED NEW NEUTRAL AT BTIG, PT EU73
*CARLSBERG RATED NEW BUY AT BTIG
*DELTA LLOYD RATED NEW BUY AT BERENBERG; PT EU22.3
*DEUTSCHE POST RESUMED AT HOLD AT KEPLER CHEUVREUX; PT EU25
*DIAGEO RATED NEW NEUTRAL AT BTIG
*GENERALI RATED NEW HOLD AT BERENBERG; PT EU17.4
*HEINEKEN RATED NEW NEUTRAL AT BTIG
*HENKEL RATED NEW NEUTRAL AT BTIG
*LEONTEQ RATED NEW NEUTRAL AT UBS, PT SFR120
*L’OREAL RATED NEW NEUTRAL AT BTIG
*ORIFLAME RATED NEW BUY AT BTIG
*PERNOD RICARD RATED NEW NEUTRAL AT BTIG
*RECKITT BENCKISER RATED NEW NEUTRAL AT BTIG
*SABMILLER RATED NEW NEUTRAL AT BTIG
*UNILEVER RATED NEW NEUTRAL AT BTIG
>>> Call
>> Stock
*IAG ADDED TO BOFAML’S EUROPE 1 LIST
*KINNEVIK REMOVED FROM UBS’S LEAST PREFERRED LIST
*ZUMTOBEL ADDED TO UBS’S MOST PREFERRED LIST