>>> Up
*AIR FRANCE-KLM RAISED TO NEUTRAL VS SELL AT CITI
*BASICNET RAISED TO BUY VS ACCUMULATE AT BANCA AKROS
*FINMECCANICA RAISED TO OUTPERFORM VS NEUTRAL AT MEDIOBANCA
*HEINEKEN RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
*INVESTEC RAISED TO BUY VS NEUTRAL AT UBS
*TOTAL RAISED TO OUTPERFORM VS NEUTRAL AT CREDIT SUISSE
*VEDANTA RAISED TO OVERWEIGHT VS UNDERWEIGHT AT BARCLAYS
>>> Down
*ANGLO AMERICAN CUT TO UNDERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*GEOX SPA CUT TO NEUTRAL VS BUY AT CITI
*PETROFAC CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
*PHOENIX MECANO CUT TO NEUTRAL VS BUY AT UBS
*RIO TINTO CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*ROSNEFT CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE
*SABMILLER CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE
>>> PT Changes
>>> Initiation
*E2V TECHNOLOGIES RATED NEW BUY AT JEFFERIES
*STANDARD LIFE RATED NEW NEUTRAL AT UBS, PT 482P
*ST. JAMES’S PLACE RATED NEW NEUTRAL AT UBS, PT 989P
>>> Call