Good morning traders!

In the US last night, the Dow fell 40 points at 11,052, the Nasdaq lost 9 points at 2,525
and the S&P500 shed 2 points at 1,188.

In Asia today, the Nikkei was last off 163 points at 9,963, while the Hang Seng ended the
morning down 258 points at 22,908.

Crude oil traded at $85.36 a barrel on Nymex.

Gold settled at $1,365 an ounce.

Happy trading!

G.

ATK UBS: reiterated neutral, tp raised to 730 from 715
AU. Nomura: reiterated buy, tp reiterated 1860
AU. UBS [HB]: reiterated neutral, tp reiterated 1600
BP. JPMorgan: reiterated overweight
BRAM RBS: reiterated buy, tp raised to 250 from 160
BRBY Goldman: reiterated buy, tp 1322
CPI Credit Suisse: reiterated outperform, tp cut to 800 from 900
CPW Morgan Stanley: downgraded to equal weight from overweight, tp raised to 340 from 275
INF Goldman: reiterated buy, tp raised to 505 from 484
LOG RBS: upgraded to buy from hold, tp 140
MGGT Nomura: reiterated buy, tp raised to 370 from 350
PNN Goldman: reiterated neutral, tp raised to 704 from 672
PSON Goldman: reiterated neutral, tp cut to 1147 from 1157
QQ. UBS: reiterated neutral, tp cut to 115 from 120
REL Goldman: reiterated buy, tp cut to 645 from 649
SEPU Goldman: reiterated buy, tp cut to 63 from 65
UBM JPMorgan: reiterated overweight, tp cut to 785 from 790

End-of-day Market Overview