>>> What to look at today - 15th of February 2018

The yen extended an advance and a rally in global stockscontinued in Asia as equity investors showed signs of warming to a world with inflation and a sustained pace of tightening in U.S. monetary policy following this month’s slide in risk assets. Shares in Tokyo rose for the first time in four days with the Topix index bouncing off a four-month low. Stocks advanced in Australia as S&P 500 Index futures climbed. Hong Kong equities sealed their best three-day run in more than two years in shortened trading ahead of the Lunar New Year holiday. US After Hours RIP +18%, SEDG +16%, PKD +15.5%, CTL +10%, CSCO +7% higher, while NTAP -10%, SPWR -8% lower following earnings/guidance

Nikkei +1.47% Hnag Seng +1.97% CSI Closed Shanghai Closed Shenzen Closed - Chinese New Year - year of the Dog

Eur$ 1.2495 CNH 6.2832 CNY 6.3415 JPY 106.24 GBP 1.4046 CHF 0.9255 RUB 56.5405 WTI $

S&P +0.42% EuroStoxx +0.59% FTSE +90.73% Dax +0.57% SMI +0.48%

Macro :
- EU28 January Car Registrations Rise 7.1% Y/y to 1.254m Units
- U.S. Investor Bull-Bear Spread Rebounds to Mid-Jan. Level: AAII

Keep an eye on :
- ABLX BB : Ablynx Biggest Holder Van Herk Reduces Stake to 9.93%
- AGFB BB : Agfa-Gevaert Says De Man Joins to Become CFO as of May 9
- AGN NA : Aegon Full Year Underlying Pretax Profit Meets Estimates
- AIR FP : Airbus Full Year Adjusted Ebit Beats Estimates
- AIR FP : Alexandre de Juniac Among Candidates to Head Airbus: Figaro
- AI FP : Air Liquide Says It’s Confident of Net Income Growth in 2018
- ANTO LN : Antofagasta Gets Final Nod on $1.1 Billion Chile Project
- AZN LN : AstraZeneca Granted FDA Orphan Drug Status for Selumetinib
- BCP PL : BCP Full Year Net Income EU186.4 Mln
- BCVN SW : BC Vaudoise Full Year Operating Profit CHF387 Mln
- BESI NA : BE Semiconductor Fourth Quarter Revenue EU153.2 Mln
- BINCK NA : BinckBank Expands With Savings Platform; Announces Partnerships
- BMW GY : BMW Selects Kaliningrad Region for Russian Factory: Vedomosti
- CAP FP : Capgemini Full Year Net Income 1.1% Above Estimates
- BN FP : Yakult Shares Likely to Fall Near Term on Danone’s Stake Sale
- DTE GY : Deutsche Telekom CEO to Modify 4-Year Strategy: WirtschaftsWoche
- DNO NO : DNO, Genel Got $54.73M From KRG for Nov. Tawke Oil Deliveries
- FDR FP : Fonciere des Regions Targets 2018 EPRA EPS Growth of Around 3%
- GSF NO : Grieg Seafood Fourth Quarter Ebit Misses Lowest Estimate
- HNA : HNA Unit Emerges as Small Shareholder in Lazard, Filing Shows
- NK FP : Imerys FY Current Op. Income, Revenue At High End of Estimates
- IPN FP : Ipsen Full Year Core Operating Profit Beats Highest Estimate
- KU2 GY : Kuka Fourth Quarter Ebit Loss EU8 Mln
- LETHO FH : Lehto Group Full Year Dividend Per Share Beats Highest Estimate
- LIN GY : EU Commission Wants Linde-Praxair to Divest to Competitors: Hb
- MERY FP : Mercialys Full Year Ebitda 1.4% Below Estimates
- NESN SW : Nestle Full Year Organic Revenue Misses Estimates --> -1.6% pre-open
- NESN SW : Nestle Explores Gerber Options as Organic Growth Misses Estimate
- NEX FP : Nexans Focusing on 2018-2022 Growth Plan; FY Net Misses Est.
- NN NA : NN Full Year Adjusted Operating Profit Meets Estimates
- NOD NO : Nordic Semiconductor Fourth Quarter Ebit Misses Lowest Estimate
- NAS NO : Norwegian Air Fourth Quarter Revenue 1.3% Above Estimates
- ODF NO : Odfjell Fourth Quarter Ebitda Beats Highest Estimate
- ORI SS : Oriflame Fourth Quarter Ebitda Beats Highest Estimate
- UG FP : PSA to Transfer Further Development Tasks to Opel: FAZ
- POM FP : Plastic Omnium FY Revenue, Net Jump; Co. Sees 2018 Improvement
- RNO FP : Renault Is Said to Extend Ghosn CEO Term Thursday: AFP
- SPM IM : Saipem Gets New Onshore E&C Contract in Oman Worth About $750m
- STMN SW : Straumann Full Year Revenue Meets Estimates
- SU FP : Schneider 2017 Adj. Ebita Beats Estimate
- SU FP : Schneider CFO Babeau Sees Aveva Deal Closing in March
- TTK GY : Takkt Full Year Sales Meet Estimates
- VASTN NA : Vastned Full Year Occupancy 98.1%

>>> Europe : Brokers Upgrades & DOwngrades - 15th of February 2018

>>> Up
* Allianz Upgraded to Buy at Oddo BHF; PT 217 Euros
* Bladex Upgraded to Neutral at JPMorgan
* Bodycote Upgraded to Overweight at JPMorgan; PT 9.60 Pounds
* Boliden Upgraded to Buy at Kepler Cheuvreux; PT 320 Kronor
* Bristol-Myers Upgraded to Overweight at Morgan Stanley; PT $78
* Credit Suisse Raised to Buy at SocGen; Price Target 18.50 Francs
* Ebro Foods Upgraded to Outperform at BBVA; PT 22.50 Euros
* Evonik Upgraded to Buy at DZ Bank; Price Target 34 Euros
* Klovern Upgraded to Hold at SEB Equities; PT 10.50 Kronor
* Lectra Raised to Neutral at Louis Capital Markets
* LEG Immobilien Raised to Buy at National Bank AG; PT 98 Euros
* Old Mutual Raised to Buy at Renaissance Capital; PT 2.65 Pounds
* Swedish Match Upgraded to Neutral at JPMorgan; PT 330 Kronor
* ThyssenKrupp Upgraded to Reduce at AlphaValue
* Vonovia Upgraded to Buy at National Bank AG; PT 44 Euros
* Wessanen Upgraded to Buy at ABN Amro Bank; PT 17 Euros

>>> Down
* Aeroports de Paris Downgraded to Reduce at HSBC; PT 130 Euros
* AST Groupe Cut to Neutral at Louis Capital Markets
* Panalpina Downgraded to Underperform at MainFirst; PT 140 Francs
* TDC Downgraded to Sector Perform at RBC; PT 49 Kroner
* Tullow Downgraded to Equal-weight at Barclays; PT 1.90 Pounds

>>> Initiation
* Flow Traders Rated New Equal-weight at Barclays; PT 50 Euros
* Logitech Rated New Buy at William O'Neil & Co Incorporated
* MorphoSys Rated New Underperform at RBC; PT 57 Euros

>>> Call

>>> Asian Update

Asia Market Update: Aso says no intervention needed on Yen at current levels

***Headlines/EconomicData***
General Trend: Asian equities generally track US gains amid holidays in China, Taiwan, South Korea and Vietnam
- Hang Seng gains 1.8% in shortened session
- Banks in Japan outperform after gains in S&P500 Financials sector and rise in Treasury yields
- With the Shanghai markets closed, China equity futures gain in Singapore
- Nasdaq and S&P500 Futures rise
- US dollar (USD) trades broadly weaker in Asia, in the aftermath of the US inflation and retail sales data
- USD/JPY declines: Japan Fin Min Aso said Yen strength is not abrupt enough to intervene
- Japan Dec Core Machinery Orders see largest m/m decline since May 2014 (follows recent weaker than expected prelim Q4 GDP)
- New Zealand sells 2025 bonds at higher yield and lower bid to cover
- In Jan, Australia adds jobs for a record 16th straight month, but full-time employment declines
- Indonesia reports second straight monthly trade deficit
- Australia's largest gold miner Newcrest reports declines in H1 profits and revenues amid impact of seismic event at Cadia operations and decline in gold/copper sales volumes.
- US 10-year Treasury yield extends gains in Asian trading, hits 4-year high

Japan
-Nikkei 225 opened +1.1%; closed +1.5%
- TOPIX Electronic Devices Index +1.9%, Securities +1.8%, Iron &Steel +1.5%, Real Estate +1%
- Financials track outperformance seen during US session, Japanese mega banks gain more than 1%
- Japan Display [6740.JP]: Declines over 4% after 9M net loss widened
- (JP) JAPAN DEC CORE MACHINE ORDERS M/M: -11.9% V -2.0%E; Y/Y: -5.0% (largest fall since June 2017) V +1.8%E
- (JP) Japan Fin Min Aso: Yen (JPY) strength NOT strong enough to require intervention: No comment on yen level - parliament
-(JP) Japan Govt to urge companies to adopt a more transparent decision-making process through measures such as allocating at least one-third of board seats to outsiders - Nikkei
-(JP) Japan Ruling Coalition Partner Yamaguchi: No word from PM Abe on BOJ Gvo nominee
-(JP) Japan MoF sells ¥4.4T in 3-month bonds; avg yield -0.1607%
-(JP) JAPAN DEC FINAL INDUSTRIAL PRODUCTION M/M: 2.9% V 2.7% PRELIM; Y/Y: 4.4% V 4.2% PRELIM, Capacity Utilization m/m: 2.8% v 0.0% prior

Korea
-Kospi closed
- (KR) South Korea President Moon coming under some criticism for slow regulatory reform, in light of his repeated pledges to push for drastic deregulation - Korean press
-Lotte, LOTZ.KR Chairman Shin Dong-bin jail term will reigniting a succession battlebetween Shin and his older brother, Shin Dong-joo - Korean press

China/Hong Kong
-Hang Seng opened +1.5%, Shanghai Composite closed for holiday
- Hang Seng Materials Index +3.3%, Info Tech +2.9%, Energy +2.7%, Financials +2.3%,Property/Construction +1.7%
- (CN) China cuts manufacturer subsidies for many electric cars and plug-in hybrids by ~30%, with the centralgovt planning to re-evaluate this aid again around mid-year - press
- (CN) China Ambassador to US Tiankai: It's dangerous to advocate for confrontation against China - financial press

Australia/New Zealand
-ASX 200 opened +0.6%; closed %
- ASX 200 Materials Index +2.1%, Energy +1.9%, Utilities+1.2%, Telecom +1.2%, Financials +0.7%; REIT -0.1%
- Origin Energy [ORG.AU] rises over 6% after raising guidance
- Telstra [TLS.AU] gains over 1% after reporting in line H1 earnings
- (NZ) New Zealand Rev Min:To extend test on residential sales (bright line test) to 5 years
-(AU) Australia Jan Consumer Inflation Expectation: 3.6% v 3.7% prior
-(AU) AUSTRALIA JAN EMPLOYMENT CHANGE: +16K V +15.0KE (16TH CONSECUTIVE MONTHLY GAIN); UNEMPLOYMENT RATE: 5.5% V 5.5%E
-(AU) Australia Jan RBA Govt FX Transactions (A$): -634M v -1.36B prior
-(NZ) New Zealand sells NZ$200M in 2.75% 2025 bonds; avg yield 2.7719%; bid to cover 2.78x
FCG.NZ Raises 12-month forecast auction volumes by 2.0K MT
-(NZ) Fitch affirms New Zealand Sovereign Rating at AA; Outlook Stable
Looking ahead: RBA Gov Lowe expected to speak on Friday’s session (follows his remarks on Feb 8th)

Other Asia
- (SG) Singapore Jan Non-OilDomestic Exports M/M: -0.3% v 4.2%e; Y/Y: +13.0% v 8.9%e; Electronic ExportsY/Y: -3.9% v -5.3% prior

North America
- US equity markets ended higher: Dow +1%, S&P500 +1.3%, Nasdaq +1.9%, Russell 2000+1.8%
- S&P500 Financials +2.4%, Technology +1.8%
- (US) Treasury Sec Mnuchin: reiterates he expects wage growth in the US this year
- (US) Pres Trump reportedly supports a 25-cent gas tax hike to pay for infrastructure - Axios
- (US) DOE CRUDE: +1.8M V +3ME

Europe
- (DE) Bundesbank study says about 90% of euro (EUR) bank notes issued in Germany are never used for payments, but instead hoarded – FT
- (DE) German Chancellor Merkel: will make sure Germany maintains a balanced budget; CDU Party remains opposed to debt mutualization in the Euro Zone
-(GR) Greece Deputy PM Dragasakis: Greece wants a closer relationship with China, it is also keen to build stronger ties with Japan, India and other Asian countries - press

***Levels as of 01:00ET***
- Nikkei225 +1.5%, Hang Seng +1.8%; Shanghai Composite closed; ASX200 +1.2%, Kospi closed
- Equity Futures: S&P500 +0.4%; Nasdaq100 +0.5%,Dax +0.4%; FTSE100 +0.2%
- EUR 1.2473-1.2448; JPY107.01-106.30; AUD 0.7946-0.7905;NZD 0.7395-0.7363
- Apr Gold -0.1% at $1,357/oz; Mar Crude Oil +1.3% at $61.41/brl; Mar Copper +0.3% at $3.24/lb

>>> Trian Fund (Nelson Peltz) discloses updated portfolio positions


Trian Fund (Nelson Peltz) discloses updated portfolio positions in 13F filing: Increased PNR, decreased BK holdings

Highlights from 2017 Q4 filing as compared to 2017 Q3 filing:
  • Increased positions in: PNR (to ~15.41 mln shares from ~15.2 mln shares)
  • Maintained positions in: GE (~70.85 mln shares), SYY (~44.5 mln shares), MDLZ (~42.5 mln shares), WEN (~39.04 mln shares), PG (~37.91 mln shares)
  • Closed positions in: DWDP (from ~12.53 mln shares)
  • Decreased positions in: BK (to ~15.78 mln shares from ~22.38 mln shares)

>>> US After Hours Summary: TRIP +18%, SEDG +16%, PKD +15.5%, CTL +10%


After Hours Summary: TRIP +18%, SEDG +16%, PKD +15.5%, CTL +10%, CSCO +7% higher, while NTAP -10%, SPWR -8% lower following earnings/guidance

After Hours Gainers:

Companies trading higher in after hours in reaction to earnings/guidance: TRIP +17.8%, SEDG +16%, CTL +10.1%, CSCO +6.7%, CC +4.2%, GG +4.2%, LPI +3.4%, CF +2.2%, A +1.9%, SB +1.4%, ABX +1.2%, (light volume), NLY +1.1%, MRO +1.1%

Companies trading higher in after hours in reaction to news: AMAG +19.8% and ATRS +19.7% (FDA approved Makena subcutaneous auto-injector to reduce risk of preterm birth; to file NDA for Bremelanotide later this quarter), COOL +13.3% (was initiated with Overweight rating and $70 tgt at Cantor Fitzgerald after the close), AVP +5.7% / HII +2.3% (ahead of earnings), NBIX +3.1% (announced that the FDA has provided guidance on the regulatory path forward to support the New Drug Application NDA for Opicapone), BEN +2.9% (announces $3 special dividend), TRVG +2.2% (following TRIP results), RMBS +1.5% (light volume - Rambus signs license agreement with Gemalto -agreement covers the use of Rambus patents covering Differential Power Analysis Countermeasures), PCLN +1.2% (following TRIP results; also Meritage disclosed new stake), BAC +1% (reports out that Amazon/ BofA partnering for lending program; also new Senator Investment Group and Owl Creek disclosed news stakes, Appaloosa/David Tepper increased stake), BIIB +0.9% (modestly rebounding; also results from CHERISH Phase 3 study evaluating SPINRAZA were published in The New England Journal of Medicine, Duquesne and Sarissa increases stakes)

Hedge Fund portfolio updates (13F) movers: TEVA +8.6% (Berkshire Hathaway and Jana disclose new positions), CVG +5.2% (Elliott Management discloses new stake), OSTK +2.8% (Soros Fund Management discloses new stake), BHF +2.3% (David Einhorn's Greenlight Capital disclosed new stake), BK +0.8% (Berkshire increases stake), TWX +0.4% (David Einhorn's Greenlight Capital, Viking, Sachem and Corvex disclosed new stake, Paulson, Canyon Capital and Highfields increased stakes), SWN +0.3% (ticking higher after Third Point /Dan Loeb disclosed new stake), NFLX +0.3% (Third Point disclosed new stake)

After Hours Losers:

Companies trading lower in after hours in reaction to earnings/guidance: FORD -12.1%, NTAP -9.8%, SPWR -8.4%, LIVE -7.8% (also discloses conclusion that several previously issued financial statements should no longer be relied upon), KGC -5.9%, NEPT -5.1%, CAI -4.8%, XEC -4% (light volume), QTWO -4%, EQIX -3.9%, MAR -3.7%, ALSN -2.2%, AEM -1.2%, AMAT -0.8%

Companies trading lower in after hours in reaction to news: CDMO -19.7% (commences underwritten public offering of its common stock), INPX -13.5% (launched public offering), FOLD -2.7% (announces $250 mln public offering of common stock), ATKR -2.1% (commences 6 mln common stock offering by selling stockholder Clayton, Dubilier & Rice), CMP -1.1% (lower on light volume after being downgraded to Underperform from Neutral at Credit Suisse)

>>> Blue Harbour Group (Clifton Robbins) discloses updated portfoli


Blue Harbour Group (Clifton Robbins) discloses updated portfolio positions in 13F filing: New ON, ZAYO, AXTA, positions... Closed AGCO, FFIV, LAZ

 Highlights from 2017 Q4 filing as compared to 2017 Q3 filing:
  • New positions in: ON (~2.57 mln shares), ZAYO (~1.71 mln), AXTA (~1.21 mln), MIC (~0.92 mln), LOGM (~0.41 mln)
  • Increased positions in: MD (to ~4.11 mln shares from ~2.52 mln shares), FCE.A (to ~5.21 mln from ~3.72 mln), COMM (to ~5.31 mln from ~4.1 mln), ADNT (to ~6.55 mln from ~5.91 mln), THS (to ~1.01 mln from ~0.86 mln)
  • Maintained positions in: ISBC (~29.58 mln shares), OTEX (~9.33 mln shares), RDC (~8.75 mln shares), XLNX (~4.29 mln shares), IWM (~0.96 mln shares)
  • Closed positions in: AGCO (from ~1.54 mln shares), FFIV (from ~1.48 mln), LAZ (from ~0.45 mln), DNB (from ~0.4 mln)
  • Decreased positions in: CLNS (to ~2.52 mln shares from ~7.33 mln shares), MDRX (to ~0.4 mln from ~3.87 mln), SPY (to ~0.31 mln from ~0.42 mln), WCC (to ~0.12 mln from ~0.15 mln)

>>> Saba Capital Management (Boaz Weinstein) discloses updated portf


Saba Capital Management (Boaz Weinstein) discloses updated portfolio positions in 13F filing: New PKD, EAD, SHLD, positions... CLosed PES, AAPL, CH

Highlights from 2017 Q4 filing as compared to 2017 Q3 filing:
  • New positions in: PKD (~3.33 mln shares), EAD (~1.36 mln), SHLD (~0.79 mln), HIX (~0.78 mln), PPR (~0.41 mln), VTA (~0.24 mln), EVF (~0.18 mln), IGR (~0.18 mln), VVR (~0.14 mln)
  • Increased positions in: CYH (to ~6.83 mln shares from ~3.61 mln shares), HIO (to ~3.2 mln from ~0.35 mln), TEI (to ~4.79 mln from ~2.2 mln), HYT (to ~1.26 mln from ~0.28 mln), AVP (to ~3.56 mln from ~2.84 mln) GNW (to ~4.22 mln from ~3.57 mln), EHI (to ~1 mln from ~0.37 mln)
  • Maintained positions in: AOD (~9.11 mln shares), DSU (~8.12 mln)
  • Closed positions in: PES (from ~0.19 mln shares), AAPL (from ~0.12 mln), CCLP (from ~0.08 mln), CH (from ~0.08 mln), BIT (from ~0.05 mln), EEA (from ~0.05 mln), FSD (from ~0.04 mln), ZF (from ~0.03 mln), RVT (from ~0.02 mln), RA (from ~0.01 mln)
  • Decreased positions in: GLO (to ~0.65 mln shares from ~7.38 mln shares), GLQ (to ~0.26 mln from ~2.55 mln), GLV (to ~0.27 mln from ~1.81 mln), EOD (to ~1 mln from ~2.28 mln), AGC (to ~1.43 mln from ~2.7 mln), VRX (to ~0.1 mln from ~1.35 mln), AVK (to ~0.56 mln from ~1.07 mln), KMM (to ~0.81 mln from ~1.27 mln), USA (to ~1.6 mln from ~2.05 mln), MBI (to ~0 mln from ~0.43 mln)

>>> Scopia Capital discloses updated portfolio positions in 13F fil


Scopia Capital discloses updated portfolio positions in 13F filing: New MNK ZGNX RDUS positions

Highlights from 2017 Q4 filing as compared to 2017 Q3 filing:
  • New positions in: MNK (~4.09 mln shares), ZGNX (~3.42 mln), RDUS (~0.23 mln)
  • Increased positions in: WFT (to ~25.57 mln shares from ~14.1 mln shares), ISBC (to ~12.67 mln from ~6.7 mln), PAGP (to ~9.28 mln from ~5.42 mln), PTCT (to ~4.14 mln from ~1.19 mln), JCI (to ~7.92 mln from ~6.64 mln) ITRI (to ~5.21 mln from ~4.56 mln), GWPH (to ~3.46 mln from ~2.99 mln) TRGP (to ~2.22 mln from ~1.91 mln),
  • Maintained positions in: SRC (~27.65 mln shares), HZNP (~16.37 mln shares), ACOR (~8.47 mln shares), RTRX (~6.66 mln shares), CNMD (~2.77 mln shares)
  • Closed positions in: MNKD (from ~0.98 mln shares), FOSL (from ~0.4 mln), PSEC (from ~0.1 mln), AMSC (from ~0.02 mln)
  • Decreased positions in: SPR (to ~5.79 mln shares from ~7.97 mln shares), JD (to ~5 mln from ~6.38 mln), BIDU (to ~0.71 mln from ~1.33 mln), ATUS (to ~3.58 mln from ~4.04 mln), NFLX (to ~2.04 mln from ~2.35 mln)

>>> Paulson & Co (John Paulson) discloses updated portfolio positio


Paulson & Co (John Paulson) discloses updated portfolio positions in 13F filing: New CTL NMRK DISCK positions

Highlights from 2017 Q4 filing as compared to 2017 Q3 filing:
  • New positions in: CTL (~2 mln shares), NMRK (~1.6 mln), DISCK (~1 mln), VIAB (~1 mln), FOX (~0.8 mln), HAIN (~0.52 mln), SNI (~0.5 mln), MGI (~0.22 mln), CAVM (~0.12 mln)
  • Increased positions in: CZR (to ~18.75 mln shares from ~14.42 mln shares), HZNP (to ~7.87 mln from ~5.58 mln), NXPI (to ~1.45 mln from ~0.01 mln), MON (to ~0.42 mln from ~0.22 mln), COL (to ~0.26 mln from ~0.11 mln) TWX (to ~2.57 mln from ~2.43 mln),
  • Maintained positions in: VRX (~20.84 mln shares), AU (~12.78 mln shares), GLD (~4.36 mln shares)
  • Closed positions in: TEVA (from ~2.45 mln shares), S (from ~2.37 mln), CPN (from ~1.68 mln), RLGY (from ~1 mln), EQT (from ~0.29 mln), LOXO (from ~0.02 mln), IEF (from ~0.02 mln)
  • Decreased positions in: SGYP (to ~4 mln shares from ~24.06 mln shares), SES (to ~1.25 mln from ~10 mln), MNK (to ~3.67 mln from ~6.63 mln), MYL (to ~12.43 mln from ~14.72 mln), AABA (to ~1.67 mln from ~3.8 mln), VST (to ~10 mln from ~11.53 mln), TMUS (to ~4.47 mln from ~5.2 mln), DISH (to ~4.18 mln from ~4.68 mln), SHPG (to ~3.05 mln from ~3.15 mln)

>>> 13F movers: TEVA, OSTK, SWN, BAC, BK, JCP



13F movers: TEVA, OSTK, SWN, BAC, BK, JCP

  • TEVA 8.1% (new Berkshire and Jana stakes)
  • OSTK 2.4% (new Soros stake)
  • SWN 1.6% (new Third Point /Dan Loeb stake)
  • BAC 1.3% (new Senator Investment Group -Alexander Klabin and Douglas Silverman), Owl Creek -Jeffrey Altman stake), Appaloosa (David Tepper) increased stake
  • BK 0.9 (Berkshire increases stake)
  • JCP 0.8% (Greenlight Capital - David Einhorn - disclosed new stake)