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<title>UBS Research: Fast Moving Consumer Goods</title>
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<description>UBS Research: Fast Moving Consumer Goods</description>
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<copyright>Copyright (C) UBS 2010. All rights reserved.</copyright>
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<pubDate>Wed, 10 Feb 2010</pubDate>
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<title><![CDATA[SABMiller "Reducing MillerCoors estimates" (Buy) DeRise]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72986|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Europe Including UK</li><br><li>United Kingdom</li><br><li>Global</li><br><li>South Africa</li><br><li>EMEA Emerging</li><br><li>UBSW EMEA</li><br><li>Emerging Markets</li><br></ul><br><em>Sectors</em><br><ul><li>British Distillers &amp; Brewers</li><br><li>South African Distillers &amp; Brewers</li><br><li>EMEA Emerging Distillers &amp; Brewers</li><br><li>European Distillers &amp; Brewers</li><br><li>Global Distillers &amp; Brewers</li><br><li>EMEA Emerging Consumer, Non-Cyclical</li><br><li>European Consumer, Non-Cyclical</li><br><li>British Consumer, Non-Cyclical</li><br><li>Global Consumer, Non-Cyclical</li><br><li>South African Consumer, Non-Cyclical</li><br><li>EMEA Emerging Food &amp; Beverage</li><br><li>European Food &amp; Beverage</li><br><li>British Food &amp; Beverage</li><br><li>Global Food &amp; Beverage</li><br><li>South African Food &amp; Beverage</li><br><li>British Beverage</li><br><li>South African Beverage</li><br><li>EMEA Emerging Beverage</li><br><li>European Beverage</li><br><li>Global Beverage</li><br><li>Global Emerging Beverage</li><br><li>Global Emerging Distillers &amp; Brewers</li><br><li>Global Emerging Food &amp; Beverage</li><br><li>Global Emerging Consumer, Non-Cyclical</li><br></ul><br><em>Companies</em><br><ul><li>SAB.L SABMiller</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Operating Results</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Jason DeRise, CFA</author>
<category>SAB.L</category>
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<pubDate>Wed, 10 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[US Household & Personal Care "Spectrum Brands Indicates Intention to Follow ..."]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86118|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Household Products, Non-Durable</li><br><li>Global Household Products</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Non-Cyclical Goods &amp; Services</li><br><li>US Household Products, Non-Durable</li><br><li>Americas Household Products, Non-Durable</li><br><li>Americas Household Products</li><br><li>Americas Consumer, Non-Cyclical</li><br><li>US Household Products</li><br><li>US Consumer, Non-Cyclical</li><br><li>Americas Non-Cyclical Goods &amp; Services</li><br><li>US Non-Cyclical Goods &amp; Services</li><br><li>North American Household Products</li><br><li>North American Household Products, Non-Durable</li><br><li>North American Non-Cyclical Goods &amp; Services</li><br><li>North American Consumer, Non-Cyclical</li><br></ul><br><em>Companies</em><br><ul><li>ENR.N Energizer Holdings</li><br></ul><br><em>Subjects</em><br><ul><li>Industry Overview</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Nik Modi</author>
<category>ENR.N</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86118|native|public|20100210020707</guid>
<pubDate>Wed, 10 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[First Read: Raffles Education "Monetises its OUC investment" (Buy) Lim]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev53897|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Asia</li><br><li>China</li><br><li>Singapore</li><br><li>Asia Pacific</li><br><li>Asia Pacific Ex. JP</li><br></ul><br><em>Sectors</em><br><ul><li>Global Consumer Services</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Non-Cyclical Goods &amp; Services</li><br><li>Singaporean Consumer Services</li><br><li>Asian Consumer Services</li><br><li>Asian Consumer, Non-Cyclical</li><br><li>Singaporean Consumer, Non-Cyclical</li><br><li>Asian Non-Cyclical Goods &amp; Services</li><br><li>Singaporean Non-Cyclical Goods &amp; Services</li><br><li>Asian Pacific Consumer Services</li><br><li>Asian Pacific Non-Cyclical Goods &amp; Services</li><br><li>Asian Pacific Consumer, Non-Cyclical</li><br><li>Asian Pacific Ex. JP Consumer Services</li><br><li>Asian Pacific Ex. JP Non-Cyclical Goods &amp; Services</li><br><li>Asian Pacific Ex. JP Consumer, Non-Cyclical</li><br></ul><br><em>Companies</em><br><ul><li>RLSE.SI Raffles Education</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Michael Lim</author>
<category>RLSE.SI</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev53897|native|public|20100210004240</guid>
<pubDate>Wed, 10 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Methven "Ceasing Coverage" (Buy) Bloom]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uet12060|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Asia Pacific</li><br><li>Asia Pacific Ex. JP</li><br><li>New Zealand</li><br><li>Australasia</li><br></ul><br><em>Sectors</em><br><ul><li>Global Household Products, Durable</li><br><li>Global Household Products</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Non-Cyclical Goods &amp; Services</li><br><li>Asian Pacific Household Products</li><br><li>Asian Pacific Household Products, Durable</li><br><li>Asian Pacific Non-Cyclical Goods &amp; Services</li><br><li>Asian Pacific Consumer, Non-Cyclical</li><br><li>Asian Pacific Ex. JP Household Products</li><br><li>Asian Pacific Ex. JP Household Products, Durable</li><br><li>Asian Pacific Ex. JP Non-Cyclical Goods &amp; Services</li><br><li>Asian Pacific Ex. JP Consumer, Non-Cyclical</li><br><li>New Zealand Household Products, Durable</li><br><li>New Zealand Household Products</li><br><li>New Zealand Consumer, Non-Cyclical</li><br><li>New Zealand Non-Cyclical Goods &amp; Services</li><br><li>Australasian Household Products</li><br><li>Australasian Household Products, Durable</li><br><li>Australasian Non-Cyclical Goods &amp; Services</li><br><li>Australasian Consumer, Non-Cyclical</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Jason Bloom</author>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uet12060|native|public|20100210003846</guid>
<pubDate>Wed, 10 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Latam Food and Beverage "4Q09 Earnings Preview Book" 09-Feb-2010 Oliveira]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uey04707|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Emerging Markets</li><br><li>Americas</li><br><li>Brazil</li><br><li>Latin America</li><br><li>Latin America Emerging</li><br></ul><br><em>Sectors</em><br><ul><li>Global Distillers &amp; Brewers</li><br><li>Global Soft Drinks</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Food &amp; Beverage</li><br><li>Global Beverage</li><br><li>Global Food</li><br><li>Global Emerging Beverage</li><br><li>Global Emerging Distillers &amp; Brewers</li><br><li>Global Emerging Food</li><br><li>Global Emerging Food &amp; Beverage</li><br><li>Global Emerging Consumer, Non-Cyclical</li><br><li>Global Emerging Soft Drinks</li><br><li>Brazilian Distillers &amp; Brewers</li><br><li>Brazilian Soft Drinks</li><br><li>Latin American Distillers &amp; Brewers</li><br><li>Latin American Soft Drinks</li><br><li>Brazilian Consumer, Non-Cyclical</li><br><li>Latin American Consumer, Non-Cyclical</li><br><li>Brazilian Food &amp; Beverage</li><br><li>Latin American Food &amp; Beverage</li><br><li>Brazilian Beverage</li><br><li>Brazilian Food</li><br><li>Latin American Beverage</li><br><li>Latin American Food</li><br><li>Latin America Emerging Beverage</li><br><li>Latin America Emerging Distillers &amp; Brewers</li><br><li>Latin America Emerging Food</li><br><li>Latin America Emerging Food &amp; Beverage</li><br><li>Latin America Emerging Consumer, Non-Cyclical</li><br><li>Latin America Emerging Soft Drinks</li><br></ul><br><em>Companies</em><br><ul><li>KOFL.MX Coca-Cola FEMSA</li><br><li>FMSAUBD.MX FEMSA</li><br><li>GMODELOC.MX Modelo</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Industry Overview</li><br><li>Operating Results</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Gustavo Piras Oliveira, CFA</author>
<category>KOFL.MX</category>
<category>FMSAUBD.MX</category>
<category>GMODELOC.MX</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uey04707|native|public|20100210003500</guid>
<pubDate>Wed, 10 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Coca-Cola "Momentum Mostly 'Red Hot' for KO" (Neutral) Gajrawala]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86108|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Soft Drinks</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Food &amp; Beverage</li><br><li>Global Beverage</li><br><li>US Soft Drinks</li><br><li>Americas Soft Drinks</li><br><li>Americas Consumer, Non-Cyclical</li><br><li>US Consumer, Non-Cyclical</li><br><li>Americas Food &amp; Beverage</li><br><li>US Food &amp; Beverage</li><br><li>Americas Beverage</li><br><li>US Beverage</li><br><li>North American Beverage</li><br><li>North American Food &amp; Beverage</li><br><li>North American Consumer, Non-Cyclical</li><br><li>North American Soft Drinks</li><br></ul><br><em>Companies</em><br><ul><li>KO.N Coca-Cola</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Kaumil S. Gajrawala</author>
<category>KO.N</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86108|native|public|20100210000147</guid>
<pubDate>Wed, 10 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Molson Coors "Expectations Reset to Beatable Levels" (Buy) Gajrawala]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86104|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Distillers &amp; Brewers</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Food &amp; Beverage</li><br><li>Global Beverage</li><br><li>US Distillers &amp; Brewers</li><br><li>Americas Distillers &amp; Brewers</li><br><li>Americas Consumer, Non-Cyclical</li><br><li>US Consumer, Non-Cyclical</li><br><li>Americas Food &amp; Beverage</li><br><li>US Food &amp; Beverage</li><br><li>Americas Beverage</li><br><li>US Beverage</li><br><li>North American Beverage</li><br><li>North American Distillers &amp; Brewers</li><br><li>North American Food &amp; Beverage</li><br><li>North American Consumer, Non-Cyclical</li><br></ul><br><em>Companies</em><br><ul><li>TAP.N Molson Coors</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Kaumil S. Gajrawala</author>
<category>TAP.N</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86104|native|public|20100209231512</guid>
<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Employment Update "Jan/Feb Mixed Signals Continue" 09-Feb-2010 Fones]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86091|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Consumer Services</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Non-Cyclical Goods &amp; Services</li><br><li>US Consumer Services</li><br><li>Americas Consumer Services</li><br><li>Americas Consumer, Non-Cyclical</li><br><li>US Consumer, Non-Cyclical</li><br><li>Americas Non-Cyclical Goods &amp; Services</li><br><li>US Non-Cyclical Goods &amp; Services</li><br><li>North American Consumer Services</li><br><li>North American Non-Cyclical Goods &amp; Services</li><br><li>North American Consumer, Non-Cyclical</li><br></ul><br><em>Companies</em><br><ul><li>MAN.N Manpower, Inc.</li><br><li>RHI.N Robert Half</li><br><li>APOL.O Apollo Group</li><br><li>KFY.N KornFerry</li><br><li>MWW.N Monster Worldwide</li><br><li>HSII.O Heidrick &amp; Struggles</li><br><li>ASGN.O On Assignment</li><br><li>FCN.N FTI Consulting</li><br><li>HURN.O Huron Consulting</li><br></ul><br><em>Subjects</em><br><ul><li>Industry Overview</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Andrew Fones</author>
<category>MAN.N</category>
<category>RHI.N</category>
<category>APOL.O</category>
<category>KFY.N</category>
<category>MWW.N</category>
<category>HSII.O</category>
<category>ASGN.O</category>
<category>FCN.N</category>
<category>HURN.O</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86091|native|public|20100209182240</guid>
<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[First Read: Block (H&R) "Liberty Tax Update On Early Season" (Buy) Fones]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86089|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Advanced Industrial Equipment</li><br><li>Global Consumer Services</li><br><li>Global Industrial</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Industrial Goods &amp; Services</li><br><li>Global Non-Cyclical Goods &amp; Services</li><br><li>Americas Advanced Industrial Equipment</li><br><li>US Advanced Industrial Equipment</li><br><li>US Consumer Services</li><br><li>Americas Consumer Services</li><br><li>Americas Industrial</li><br><li>Americas Consumer, Non-Cyclical</li><br><li>US Industrial</li><br><li>US Consumer, Non-Cyclical</li><br><li>Americas Industrial Goods &amp; Services</li><br><li>Americas Non-Cyclical Goods &amp; Services</li><br><li>US Industrial Goods &amp; Services</li><br><li>US Non-Cyclical Goods &amp; Services</li><br><li>North American Consumer Services</li><br><li>North American Industrial</li><br><li>North American Industrial Goods &amp; Services</li><br><li>North American Advanced Industrial Equipment</li><br><li>North American Non-Cyclical Goods &amp; Services</li><br><li>North American Consumer, Non-Cyclical</li><br></ul><br><em>Companies</em><br><ul><li>HRB.N Block (H&amp;R)</li><br></ul><br><em>Subjects</em><br><ul><li>Morning Note</li><br></ul>]]></description>
<author>Andrew Fones</author>
<category>HRB.N</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86089|native|public|20100209172606</guid>
<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[US HPC & Tobacco Weekly Toolkit "Volume 5" 09-Feb-2010 Modi]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86087|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br></ul><br><em>Sectors</em><br><ul><li>Global Tobacco</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Non-Cyclical Goods &amp; Services</li><br><li>Americas Tobacco</li><br><li>Americas Consumer, Non-Cyclical</li><br><li>Americas Non-Cyclical Goods &amp; Services</li><br></ul><br><em>Companies</em><br><ul><li>ACV.N Alberto-Culver</li><br><li>AVP.N Avon</li><br><li>CL.N Colgate-Palmolive</li><br><li>CLX.N Clorox</li><br><li>MO.N Altria Group</li><br><li>PG.N Procter &amp; Gamble</li><br><li>EL.N Estée Lauder</li><br><li>RAI.N Reynolds American</li><br><li>ENR.N Energizer Holdings</li><br><li>LO.N Lorillard</li><br><li>CHD.N Church &amp; Dwight</li><br></ul><br><em>Subjects</em><br><ul><li>Industry Overview</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Nik Modi</author>
<category>ACV.N</category>
<category>AVP.N</category>
<category>CL.N</category>
<category>CLX.N</category>
<category>MO.N</category>
<category>PG.N</category>
<category>EL.N</category>
<category>RAI.N</category>
<category>ENR.N</category>
<category>LO.N</category>
<category>CHD.N</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86087|native|public|20100209160542</guid>
<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[SABMiller "Disappointing MillerCoors Q4 09CY" (Buy) DeRise]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72972|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Europe Including UK</li><br><li>United Kingdom</li><br><li>Global</li><br><li>South Africa</li><br><li>EMEA Emerging</li><br><li>UBSW EMEA</li><br><li>Emerging Markets</li><br></ul><br><em>Sectors</em><br><ul><li>British Distillers &amp; Brewers</li><br><li>South African Distillers &amp; Brewers</li><br><li>EMEA Emerging Distillers &amp; Brewers</li><br><li>European Distillers &amp; Brewers</li><br><li>Global Distillers &amp; Brewers</li><br><li>EMEA Emerging Consumer, Non-Cyclical</li><br><li>European Consumer, Non-Cyclical</li><br><li>British Consumer, Non-Cyclical</li><br><li>Global Consumer, Non-Cyclical</li><br><li>South African Consumer, Non-Cyclical</li><br><li>EMEA Emerging Food &amp; Beverage</li><br><li>European Food &amp; Beverage</li><br><li>British Food &amp; Beverage</li><br><li>Global Food &amp; Beverage</li><br><li>South African Food &amp; Beverage</li><br><li>British Beverage</li><br><li>South African Beverage</li><br><li>EMEA Emerging Beverage</li><br><li>European Beverage</li><br><li>Global Beverage</li><br><li>Global Emerging Beverage</li><br><li>Global Emerging Distillers &amp; Brewers</li><br><li>Global Emerging Food &amp; Beverage</li><br><li>Global Emerging Consumer, Non-Cyclical</li><br></ul><br><em>Companies</em><br><ul><li>SAB.L SABMiller</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Operating Results</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Jason DeRise, CFA</author>
<category>SAB.L</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72972|native|public|20100209135213</guid>
<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[First Read: Molson Coors "Another Messy Q, But not Canada this time" (Buy)]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86066|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Distillers &amp; Brewers</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Food &amp; Beverage</li><br><li>Global Beverage</li><br><li>US Distillers &amp; Brewers</li><br><li>Americas Distillers &amp; Brewers</li><br><li>Americas Consumer, Non-Cyclical</li><br><li>US Consumer, Non-Cyclical</li><br><li>Americas Food &amp; Beverage</li><br><li>US Food &amp; Beverage</li><br><li>Americas Beverage</li><br><li>US Beverage</li><br><li>North American Beverage</li><br><li>North American Distillers &amp; Brewers</li><br><li>North American Food &amp; Beverage</li><br><li>North American Consumer, Non-Cyclical</li><br></ul><br><em>Companies</em><br><ul><li>TAP.N Molson Coors</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Operating Results</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Kaumil S. Gajrawala</author>
<category>TAP.N</category>
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<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Church & Dwight ""Reproducing" Another Good Year" (Buy) Modi]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86063|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Household Products, Non-Durable</li><br><li>Global Household Products</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Non-Cyclical Goods &amp; Services</li><br><li>US Household Products, Non-Durable</li><br><li>Americas Household Products, Non-Durable</li><br><li>Americas Household Products</li><br><li>Americas Consumer, Non-Cyclical</li><br><li>US Household Products</li><br><li>US Consumer, Non-Cyclical</li><br><li>Americas Non-Cyclical Goods &amp; Services</li><br><li>US Non-Cyclical Goods &amp; Services</li><br><li>North American Household Products</li><br><li>North American Household Products, Non-Durable</li><br><li>North American Non-Cyclical Goods &amp; Services</li><br><li>North American Consumer, Non-Cyclical</li><br></ul><br><em>Companies</em><br><ul><li>CHD.N Church &amp; Dwight</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Operating Results</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Nik Modi</author>
<category>CHD.N</category>
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<pubDate>Tue, 9 Feb 2010</pubDate>
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<item>
<title><![CDATA[First Read: Coca-Cola "Volume Growth Reaccelerates" (Neutral) Gajrawala]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86062|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Soft Drinks</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Food &amp; Beverage</li><br><li>Global Beverage</li><br><li>US Soft Drinks</li><br><li>Americas Soft Drinks</li><br><li>Americas Consumer, Non-Cyclical</li><br><li>US Consumer, Non-Cyclical</li><br><li>Americas Food &amp; Beverage</li><br><li>US Food &amp; Beverage</li><br><li>Americas Beverage</li><br><li>US Beverage</li><br><li>North American Beverage</li><br><li>North American Food &amp; Beverage</li><br><li>North American Consumer, Non-Cyclical</li><br><li>North American Soft Drinks</li><br></ul><br><em>Companies</em><br><ul><li>KO.N Coca-Cola</li><br><li>PEP.N PepsiCo</li><br><li>PAS.N PepsiAmericas</li><br><li>CCE.N Coca-Cola Ent.</li><br><li>PBG.N Pepsi Bottling Group</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Operating Results</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Kaumil S. Gajrawala</author>
<category>KO.N</category>
<category>PEP.N</category>
<category>PAS.N</category>
<category>CCE.N</category>
<category>PBG.N</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86062|native|public|20100209132451</guid>
<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[First Read: ITC "Gold Flake takes a pre-budget increase" (Buy) Sachdev]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev53880|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Emerging Markets</li><br><li>Asia</li><br><li>India</li><br><li>Asia Pacific</li><br><li>Asia Pacific Ex. JP</li><br><li>Asia Emerging</li><br></ul><br><em>Sectors</em><br><ul><li>Global Tobacco</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Non-Cyclical Goods &amp; Services</li><br><li>Asian Tobacco</li><br><li>Indian Tobacco</li><br><li>Asian Consumer, Non-Cyclical</li><br><li>Indian Consumer, Non-Cyclical</li><br><li>Asian Non-Cyclical Goods &amp; Services</li><br><li>Indian Non-Cyclical Goods &amp; Services</li><br><li>Asian Pacific Non-Cyclical Goods &amp; Services</li><br><li>Asian Pacific Consumer, Non-Cyclical</li><br><li>Asian Pacific Tobacco</li><br><li>Asian Pacific Ex. JP Non-Cyclical Goods &amp; Services</li><br><li>Asian Pacific Ex. JP Consumer, Non-Cyclical</li><br><li>Asian Pacific Ex. JP Tobacco</li><br><li>Asia Emerging Non-Cyclical Goods &amp; Services</li><br><li>Asia Emerging Consumer, Non-Cyclical</li><br><li>Asia Emerging Tobacco</li><br></ul><br><em>Companies</em><br><ul><li>ITC.BO ITC</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Sunita Sachdev</author>
<category>ITC.BO</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev53880|native|public|20100209095851</guid>
<pubDate>Tue, 9 Feb 2010</pubDate>
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<item>
<title><![CDATA[Pan Euro Food Retailers "Hope and experience" 09-Feb-2010 Taylor]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72916|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Europe Including UK</li><br><li>Global</li><br></ul><br><em>Sectors</em><br><ul><li>European Food Retailers &amp; Wholesalers</li><br><li>Global Food Retailers &amp; Wholesalers</li><br><li>European Consumer, Non-Cyclical</li><br><li>Global Consumer, Non-Cyclical</li><br><li>European Non-Cyclical Goods &amp; Services</li><br><li>Global Non-Cyclical Goods &amp; Services</li><br></ul><br><em>Companies</em><br><ul><li>COLR.BR Colruyt</li><br><li>DELB.BR Delhaize</li><br><li>CARR.PA Carrefour</li><br><li>CASP.PA Casino</li><br><li>MRW.L Morrison (Wm.)</li><br><li>AHLN.AS Ahold</li><br><li>JMT.LS Jeronimo Martins</li><br><li>SBRY.L Sainsbury J</li><br><li>TSCO.L Tesco</li><br><li>MEOG.DE Metro AG</li><br></ul><br><em>Subjects</em><br><ul><li>Industry Overview</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Matthew Taylor</author>
<category>COLR.BR</category>
<category>DELB.BR</category>
<category>CARR.PA</category>
<category>CASP.PA</category>
<category>MRW.L</category>
<category>AHLN.AS</category>
<category>JMT.LS</category>
<category>SBRY.L</category>
<category>TSCO.L</category>
<category>MEOG.DE</category>
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<pubDate>Tue, 9 Feb 2010</pubDate>
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<item>
<title><![CDATA[Austevoll Seafood "Downgrade after strong fish meal prices" (Neutral) Kerstens]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72895|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Europe Including UK</li><br><li>Europe Ex. UK</li><br><li>Global</li><br><li>Norway</li><br><li>Nordic</li><br><li>UBSW EMEA</li><br></ul><br><em>Sectors</em><br><ul><li>European Food Products</li><br><li>European Ex. UK Food Products</li><br><li>Global Food Products</li><br><li>Norwegian Food Products</li><br><li>European Consumer, Non-Cyclical</li><br><li>European Ex. UK Consumer, Non-Cyclical</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Norwegian Consumer, Non-Cyclical</li><br><li>European Food &amp; Beverage</li><br><li>European Ex. UK Food &amp; Beverage</li><br><li>Global Food &amp; Beverage</li><br><li>Norwegian Food &amp; Beverage</li><br><li>Norwegian Food</li><br><li>European Food</li><br><li>European Ex. UK Food</li><br><li>Nordic Food</li><br><li>Nordic Food &amp; Beverage</li><br><li>Nordic Food Products</li><br><li>Nordic Consumer, Non-Cyclical</li><br><li>Global Food</li><br></ul><br><em>Companies</em><br><ul><li>AUSS.OL Austevoll Seafood</li><br></ul><br><em>Subjects</em><br><ul><li>Change in Recommendation</li><br><li>Company Update</li><br><li>Operating Results</li><br><li>Morning Note</li><br></ul>]]></description>
<author>David Kerstens</author>
<category>AUSS.OL</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72895|native|public|20100209040023</guid>
<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[European fish farmers "Downgrading Austevoll Seafood" 09-Feb-2010 Kerstens]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72919|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Europe Including UK</li><br><li>Europe Ex. UK</li><br><li>Global</li><br></ul><br><em>Sectors</em><br><ul><li>European Consumer, Non-Cyclical</li><br><li>Global Consumer, Non-Cyclical</li><br><li>European Food &amp; Beverage</li><br><li>Global Food &amp; Beverage</li><br><li>European Food</li><br><li>Global Food</li><br></ul><br><em>Companies</em><br><ul><li>NUTR.AS Nutreco</li><br><li>MHG.OL Marine Harvest</li><br><li>SALM.OL Salmar</li><br><li>AUSS.OL Austevoll Seafood</li><br></ul><br><em>Subjects</em><br><ul><li>Change in Recommendation</li><br><li>Company Update</li><br><li>Industry Overview</li><br><li>Morning Note</li><br></ul>]]></description>
<author>David Kerstens</author>
<category>NUTR.AS</category>
<category>MHG.OL</category>
<category>SALM.OL</category>
<category>AUSS.OL</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72919|native|public|20100209040018</guid>
<pubDate>Tue, 9 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[LAWSON "Misconduct found at ticket sales subsidiary" (Buy) Yamate]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18778|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Asia Pacific</li><br><li>Japan</li><br></ul><br><em>Sectors</em><br><ul><li>Global Food Retailers &amp; Wholesalers</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Non-Cyclical Goods &amp; Services</li><br><li>Japanese Food Retailers &amp; Wholesalers</li><br><li>Japanese Consumer, Non-Cyclical</li><br><li>Japanese Non-Cyclical Goods &amp; Services</li><br></ul><br><em>Companies</em><br><ul><li>2651.T LAWSON</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Taketo Yamate</author>
<category>2651.T</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18778|native|public|20100208160000</guid>
<pubDate>Mon, 8 Feb 2010</pubDate>
</item>
<item>
<title><![CDATA[Lorillard "Share Gain/Cash Distr'b Story Continues" (Buy) Modi]]></title>
<link>http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85994|native|public</link>
<description><![CDATA[This document is related to the following:<br><em>Regions</em><br><ul><li>Global</li><br><li>Americas</li><br><li>United States</li><br><li>North America</li><br></ul><br><em>Sectors</em><br><ul><li>Global Tobacco</li><br><li>Global Consumer, Non-Cyclical</li><br><li>Global Non-Cyclical Goods &amp; Services</li><br><li>Americas Tobacco</li><br><li>US Tobacco</li><br><li>Americas Consumer, Non-Cyclical</li><br><li>US Consumer, Non-Cyclical</li><br><li>Americas Non-Cyclical Goods &amp; Services</li><br><li>US Non-Cyclical Goods &amp; Services</li><br><li>North American Non-Cyclical Goods &amp; Services</li><br><li>North American Consumer, Non-Cyclical</li><br><li>North American Tobacco</li><br></ul><br><em>Companies</em><br><ul><li>MO.N Altria Group</li><br><li>LO.N Lorillard</li><br></ul><br><em>Subjects</em><br><ul><li>Company Update</li><br><li>Operating Results</li><br><li>Morning Note</li><br></ul>]]></description>
<author>Nik Modi</author>
<category>MO.N</category>
<category>LO.N</category>
<guid isPermaLink="false">http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85994|native|public|20100208135325</guid>
<pubDate>Mon, 8 Feb 2010</pubDate>
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