>>> Up
*BOUYGUES RAISED TO HOLD VS SELL AT SOCGEN
*CAPITAL & COUNTIES RAISED TO HOLD VS REDUCE AT HSBC
*CONTINENTAL RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*ERICSSON RAISED TO EQUALWEIGHT VS UNDERWEIGHT AT BARCLAYS
*GLAXOSMITHKLINE ADDED TO EUROPE SUPER TEN AT HSBC
*ING GROUP RAISED TO NEUTRAL AT MACQUARIE
*PHILIPS LIGHTING RATED NEW BUY AT GOLDMAN, PT EU 29
*SES FDR RAISED TO ’BUY’ AT HSBC
*SIEMENS RAISED TO BUY AT BAADER-HELVEA
*STAGECOACH GROUP RAISED TO HOLD AT HSBC
*VASTNED RAISED TO BUY FROM HOLD AT ING; PT AT EU41 VS EU38.10
>>> Down
*AB INBEV CUT TO UNDERPERFORM AT RBC CAPITAL
*AMS AG CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*FCA CUT TO UNDERWEIGHT VS OVERWEIGHT AT BARCLAYS
*GREAT PORTLAND ESTATES CUT TO HOLD VS BUY AT HSBC
*HAYS CUT TO HOLD AT HSBC
*INFINEON CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*KBC CUT TO SELL VS HOLD AT SOCGEN
*MORRISON CUT TO REDUCE AT HSBC
*MUNICH RE CUT TO ’NEUTRAL’ AT JPMORGAN
*PAGEGROUP CUT TO HOLD AT HSBC
*RBS CUT TO NEUTRAL VS OUTPERFORM AT MEDIOBANCA
*RENAULT CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*STHREE CUT TO HOLD AT HSBC
*TELECOM ITALIA CUT TO NEUTRAL AT JPMORGAN
*TESCO CUT TO HOLD AT HSBC
>>> PT Change
>>> Initiation
*CASINO RESUMED AT EQUAL WEIGHT AT MORGAN STANLEY, PT EU49
*FORTIVE CORP RATED NEW OVERWEIGHT AT BARCLAYS
*FORTUNE BRANDS HOME RATED NEW BUY AT JEFFERIES
*JUNO THERAPEUTICS RATED NEW EQUALWEIGHT AT BARCLAYS
*KITE PHARMA RATED NEW EQUALWEIGHT AT BARCLAYS
*MAISONS DU MONDE RATED NEW BUY AT KEPLER CHEUVREUX
*MAISONS DU MONDE RATED NEW BUY AT GOLDMAN; PT EU23.1
*MAISONS DU MONDE RATED NEW BUY AT CITI; PT EU22.50
*MAISONS DU MONDE RATED NEW BUY AT JEFFERIES
*MAISONS DU MONDE RATED NEW ’OVERWEIGHT’ AT JPMORGAN
*MAISONS DU MONDE RATED NEW BUY AT SOCGEN; PT EU24.4
*PHILIPS RESUMED OVERWEIGHT AT JPMORGAN, PT EU25; WAS NOT RATED
*PHILIPS LIGHTING RATED NEW BUY AT SOCGEN, PT EU27
*PHILIPS LIGHTING RATED NEW NEUTRAL AT CITI; PT EU22
*PHILIPS LIGHTING RATED NEW BUY AT GOLDMAN, PT EU 29
*PHILIPS LIGHTING NV RATED NEW ’NEUTRAL’ AT JPMORGAN
*PHILIPS LIGHTING RATED NEW EQUAL WEIGHT AT MORGAN STANLEY
*PHILIPS LIGHTING ADDED TO GOLDMAN’S CONVICTION LIST
>>> Call
>> Stock
*ABN AMRO ADDED TO CONVICTION LONG AT MACQUARIE
*BNP REMOVED FROM CONVICTION BUY LIST AT MACQUARIE
*GLAXOSMITHKLINE ADDED TO EUROPE SUPER TEN AT HSBC
*LLOYDS ADDED TO CONVICTION BUY LIST AT MACQURIE
*TESCO REMOVED FROM EUROPE SUPER TEN AT HSBC
*UBS ADDED TO CONVICTION SHORT AT MACQUARIE
*WEIR GROUP REMOVED FROM CONVICTION LIST, REMAINS BUY AT GOLDMAN