UBS Research: First Read http://clientportal.ibb.ubs.com/portal/index.jsp?page=eqresearch UBS Research: First Read en Copyright (C) UBS 2009. All rights reserved. eMarketing@ubs.com eMarketing@ubs.com Fri, 20 Nov 2009 Sun, 22 Nov 2009 60 http://clientportal.ibb.ubs.com/portal/index.jsp?page=eqrschrss http://research.ibb.ubs.com:80/images/logo.gif UBS http://www.ubs.com 160 44 <![CDATA[First Read: Huron Consulting "Strong Q3 Proves Value Propostition" (Buy) Fones]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82876|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Industrial Services

  • Global Industrial

  • Global General Industrial Services

  • Global Industrial Goods & Services

  • US Industrial Services

  • Americas Industrial Services

  • Americas Industrial

  • Americas General Industrial Services

  • US Industrial

  • US General Industrial Services

  • Americas Industrial Goods & Services

  • US Industrial Goods & Services

  • North American Industrial Services

  • North American Industrial

  • North American Industrial Goods & Services

  • North American General Industrial Services


Companies
  • HURN.O Huron Consulting


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Andrew Fones HURN.O http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82876|native|public|20091120141641 Fri, 20 Nov 2009 <![CDATA[First Read: Ann Taylor "3Q Beats Handily on Gross Margin" (Buy) Meyer]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82873|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Retailers, Specialty

  • Global Consumer, Cyclical

  • Global Retail

  • US Retailers, Specialty

  • Americas Retailers, Specialty

  • Americas Consumer, Cyclical

  • Americas Retail

  • US Consumer, Cyclical

  • US Retail

  • North American Consumer, Cyclical

  • North American Retailers, Specialty

  • North American Retail


Companies
  • ANN.N Ann Taylor


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Roxanne Meyer, CFA ANN.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82873|native|public|20091120133743 Fri, 20 Nov 2009 <![CDATA[First Read: Chinese IPPs "Tariff news should remove much..." (Chinese Version)]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=zya02154|native|public Regions
  • Global

  • Asia

  • China

  • Asia Pacific

  • Asia Pacific Ex. JP


Sectors
  • Global Electric Utilities

  • Global Utilities

  • Asian Electric Utilities

  • Chinese Electric Utilities

  • Asian Utilities

  • Chinese Utilities

  • Asian Pacific Electric Utilities

  • Asian Pacific Utilities

  • Asian Pacific Ex. JP Electric Utilities

  • Asian Pacific Ex. JP Utilities


Companies
  • 0902.HK Huaneng Power

  • 0991.HK Datang Int'l Power

  • 1071.HK Huadian Power

  • 0836.HK China Resources Pwr

  • 2380.HK China Power Intl

  • 601991.SS Datang Int'l Power A

  • 600027.SS Huadian Power - A

  • 600011.SS Huaneng Power - A


Subjects
  • Industry Overview

  • Morning Note

]]> Stephen Oldfield 0902.HK 0991.HK 1071.HK 0836.HK 2380.HK 601991.SS 600027.SS 600011.SS http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=zya02154|native|public|20091120094851 Fri, 20 Nov 2009 <![CDATA[First Read: Chinese IPPs "Tariff news should remove much overhang" 20-Nov-2009]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev51932|native|public Regions
  • Global

  • Asia

  • China

  • Asia Pacific

  • Asia Pacific Ex. JP


Sectors
  • Global Electric Utilities

  • Global Utilities

  • Asian Electric Utilities

  • Chinese Electric Utilities

  • Asian Utilities

  • Chinese Utilities

  • Asian Pacific Electric Utilities

  • Asian Pacific Utilities

  • Asian Pacific Ex. JP Electric Utilities

  • Asian Pacific Ex. JP Utilities


Companies
  • 0902.HK Huaneng Power

  • 0991.HK Datang Int'l Power

  • 1071.HK Huadian Power

  • 0836.HK China Resources Pwr

  • 2380.HK China Power Intl

  • 601991.SS Datang Int'l Power A

  • 600027.SS Huadian Power - A

  • 600011.SS Huaneng Power - A


Subjects
  • Industry Overview

  • Morning Note

]]> Stephen Oldfield 0902.HK 0991.HK 1071.HK 0836.HK 2380.HK 601991.SS 600027.SS 600011.SS http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev51932|native|public|20091120081918 Fri, 20 Nov 2009 <![CDATA[First Read: Vivendi "NBCU - differences on valuation" (Sell) Tang]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer70029|native|public Regions
  • Europe Including UK

  • Europe Ex. UK

  • France

  • Global

  • UBSW EMEA


Sectors
  • French Broadcasting

  • European Broadcasting

  • European Ex. UK Broadcasting

  • Global Broadcasting

  • European Consumer, Cyclical

  • European Ex. UK Consumer, Cyclical

  • French Consumer, Cyclical

  • Global Consumer, Cyclical

  • European Media

  • European Ex. UK Media

  • French Media

  • Global Media


Companies
  • VIV.PA Vivendi


Subjects
  • Company Update

  • Morning Note

]]> Polo Tang VIV.PA http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer70029|native|public|20091120071248 Fri, 20 Nov 2009 <![CDATA[First Read: ADC Telecom "Weak Outlook Overshadows Good Sept-Q" (Neutral)]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82849|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Communications Technology

  • Global Technology

  • Americas Communications Technology

  • US Communications Technology

  • Americas Technology

  • US Technology

  • North American Communications Technology

  • North American Technology


Companies
  • ADCT.O ADC Telecom


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Nikos Theodosopoulos ADCT.O http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82849|native|public|20091120021909 Fri, 20 Nov 2009 <![CDATA[First Read: Bumi Resources "The Newmont Indonesia endgame? " (Buy) Bokkenheuser]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev51918|native|public Regions
  • Global

  • Emerging Markets

  • Asia

  • Indonesia

  • Asia Pacific

  • Asia Pacific Ex. JP

  • Asia Emerging


Sectors
  • Global Mining

  • Global Basic Materials

  • Global Mining & Metals

  • Global Basic Resources

  • Asian Mining

  • Indonesian Mining

  • Asian Basic Materials

  • Asian Mining & Metals

  • Indonesian Basic Materials

  • Indonesian Mining & Metals

  • Asian Basic Resources

  • Indonesian Basic Resources

  • Asian Pacific Basic Resources

  • Asian Pacific Basic Materials

  • Asian Pacific Mining & Metals

  • Asian Pacific Mining

  • Asian Pacific Ex. JP Basic Resources

  • Asian Pacific Ex. JP Basic Materials

  • Asian Pacific Ex. JP Mining & Metals

  • Asian Pacific Ex. JP Mining

  • Asia Emerging Basic Resources

  • Asia Emerging Basic Materials

  • Asia Emerging Mining & Metals

  • Asia Emerging Mining


Companies
  • BUMI.JK Bumi Resources


Subjects
  • Company Update

  • Morning Note

]]> Andreas Bokkenheuser BUMI.JK http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev51918|native|public|20091120014608 Fri, 20 Nov 2009 <![CDATA[First Read: Helmerich & Payne "F4Q09 Beats on Solid Margins" (Neutral) Coleman]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82825|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Energy

  • Global Oil Drilling, Equipment & Services

  • Americas Energy

  • US Energy

  • US Oil Drilling, Equipment & Services

  • Americas Oil Drilling, Equipment & Services

  • North American Energy

  • North American Oil Drilling, Equipment & Services


Companies
  • HP.N Helmerich & Payne


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Andrew Coleman HP.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82825|native|public|20091119144747 Thu, 19 Nov 2009 <![CDATA[First Read: Sears Holdings "Better Performance, But Still Expensive" (Sell)]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82823|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Retailers, Broadline

  • Global Consumer, Cyclical

  • Global Retail

  • Americas Retailers, Broadline

  • US Retailers, Broadline

  • Americas Consumer, Cyclical

  • Americas Retail

  • US Consumer, Cyclical

  • US Retail

  • North American Consumer, Cyclical

  • North American Retailers, Broadline

  • North American Retail


Companies
  • SHLD.O Sears Holdings


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Neil Currie SHLD.O http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82823|native|public|20091119142227 Thu, 19 Nov 2009 <![CDATA[First Read: TransDigm "Sets Bar Low" (Buy) Strauss]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82821|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Aerospace

  • Global Industrial

  • Global Industrial Goods & Services

  • Americas Aerospace

  • US Aerospace

  • Americas Industrial

  • US Industrial

  • Americas Industrial Goods & Services

  • US Industrial Goods & Services

  • North American Aerospace

  • North American Industrial

  • North American Industrial Goods & Services


Companies
  • TDG.N TransDigm


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> David E. Strauss TDG.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82821|native|public|20091119134002 Thu, 19 Nov 2009 <![CDATA[First Read: Gemalto "New financial targets" (Buy) Krishan]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69970|native|public Regions
  • Europe Including UK

  • Europe Ex. UK

  • France

  • Global

  • UBSW EMEA


Sectors
  • European Advanced Industrial Equipment

  • European Ex. UK Advanced Industrial Equipment

  • French Advanced Industrial Equipment

  • Global Advanced Industrial Equipment

  • European Industrial

  • European Ex. UK Industrial

  • French Industrial

  • Global Industrial

  • European Industrial Goods & Services

  • European Ex. UK Industrial Goods & Services

  • French Industrial Goods & Services

  • Global Industrial Goods & Services


Companies
  • GTO.PA Gemalto


Subjects
  • Company Update

  • Morning Note

]]> Anuj Krishan GTO.PA http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69970|native|public|20091119101216 Thu, 19 Nov 2009 <![CDATA[First Read: Sol Melia "Exchangeable note launched" a good deal" (Neutral) Ojeda]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69964|native|public Regions
  • Spain

  • Europe Including UK

  • Europe Ex. UK

  • Global

  • UBSW EMEA


Sectors
  • Spanish Lodging

  • European Lodging

  • European Ex. UK Lodging

  • Global Lodging

  • Spanish Consumer, Cyclical

  • Spanish Leisure Goods & Services

  • European Consumer, Cyclical

  • European Leisure Goods & Services

  • European Ex. UK Consumer, Cyclical

  • European Ex. UK Leisure Goods & Services

  • Global Consumer, Cyclical

  • Global Leisure Goods & Services

  • Spanish Cyclical Goods & Services

  • European Cyclical Goods & Services

  • European Ex. UK Cyclical Goods & Services

  • Global Cyclical Goods & Services


Companies
  • SOL.MC Sol Melia


Subjects
  • Company Update

  • Morning Note

]]> Bosco Ojeda SOL.MC http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69964|native|public|20091119084425 Thu, 19 Nov 2009 <![CDATA[First Read: Halfords Group "Solid results, outlook steady" (Buy) Green]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69960|native|public Regions
  • Europe Including UK

  • United Kingdom

  • Global

  • UBSW EMEA


Sectors
  • British Retailers, Specialty

  • European Retailers, Specialty

  • Global Retailers, Specialty

  • European Consumer, Cyclical

  • European Retail

  • British Consumer, Cyclical

  • British Retail

  • Global Consumer, Cyclical

  • Global Retail


Companies
  • HFD.L Halfords Group


Subjects
  • Company Update

  • Market Strategy / Comment

  • Smaller Capitalised Companies

  • Morning Note

]]> Isabel Green HFD.L http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69960|native|public|20091119082458 Thu, 19 Nov 2009 <![CDATA[First Read: PayPoint "H1 results slightly ahead, 23% divi growth" (Neutral) Hugh]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69959|native|public Regions
  • Europe Including UK

  • United Kingdom

  • Global

  • UBSW EMEA


Sectors
  • British Industrial Services

  • European Industrial Services

  • Global Industrial Services

  • European Industrial

  • European General Industrial Services

  • British Industrial

  • British General Industrial Services

  • Global Industrial

  • Global General Industrial Services

  • European Industrial Goods & Services

  • British Industrial Goods & Services

  • Global Industrial Goods & Services


Companies
  • PAYP.L PayPoint


Subjects
  • Company Update

  • Morning Note

]]> Alex Hugh, CFA PAYP.L http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69959|native|public|20091119081333 Thu, 19 Nov 2009 <![CDATA[First Read: Vivendi "NBCU proceeds could take time" (Sell) Tang]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69953|native|public Regions
  • Europe Including UK

  • Europe Ex. UK

  • France

  • Global

  • UBSW EMEA


Sectors
  • French Broadcasting

  • European Broadcasting

  • European Ex. UK Broadcasting

  • Global Broadcasting

  • European Consumer, Cyclical

  • European Ex. UK Consumer, Cyclical

  • French Consumer, Cyclical

  • Global Consumer, Cyclical

  • European Media

  • European Ex. UK Media

  • French Media

  • Global Media


Companies
  • VIV.PA Vivendi


Subjects
  • Company Update

  • Morning Note

]]> Polo Tang VIV.PA http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69953|native|public|20091119075223 Thu, 19 Nov 2009 <![CDATA[First Read: Morrison (Wm.) "Space kicks in" (Neutral) Taylor]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69952|native|public Regions
  • Europe Including UK

  • United Kingdom

  • Global

  • UBSW EMEA


Sectors
  • European Food Retailers & Wholesalers

  • British Food Retailers & Wholesalers

  • Global Food Retailers & Wholesalers

  • European Consumer, Non-Cyclical

  • British Consumer, Non-Cyclical

  • Global Consumer, Non-Cyclical

  • European Non-Cyclical Goods & Services

  • British Non-Cyclical Goods & Services

  • Global Non-Cyclical Goods & Services


Companies
  • MRW.L Morrison (Wm.)


Subjects
  • Company Update

  • Morning Note

]]> Matthew Taylor MRW.L http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69952|native|public|20091119075157 Thu, 19 Nov 2009 <![CDATA[First Read: Aegis "Cost savings underpin profits" (Buy) Reid]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69951|native|public Regions
  • Europe Including UK

  • United Kingdom

  • Global

  • UBSW EMEA


Sectors
  • European Advertising

  • British Advertising

  • Global Advertising

  • European Consumer, Cyclical

  • British Consumer, Cyclical

  • Global Consumer, Cyclical

  • European Media

  • British Media

  • Global Media


Companies
  • AEGS.L Aegis


Subjects
  • Company Update

  • Morning Note

]]> Alastair Reid AEGS.L http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69951|native|public|20091119075148 Thu, 19 Nov 2009 <![CDATA[First Read: Regus "Trading in line, lead indicators stabilising" (Buy) Swanton]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69949|native|public Regions
  • Europe Including UK

  • United Kingdom

  • Global

  • UBSW EMEA


Sectors
  • British Industrial Services

  • European Industrial Services

  • Global Industrial Services

  • European Industrial

  • European General Industrial Services

  • British Industrial

  • British General Industrial Services

  • Global Industrial

  • Global General Industrial Services

  • European Industrial Goods & Services

  • British Industrial Goods & Services

  • Global Industrial Goods & Services


Companies
  • RGU.L Regus


Subjects
  • Company Update

  • Morning Note

]]> Stephen Swanton, CFA RGU.L http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69949|native|public|20091119074936 Thu, 19 Nov 2009 <![CDATA[First Read: WPP "Less worse, but not better" (Neutral) Reid]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69944|native|public Regions
  • Europe Including UK

  • United Kingdom

  • Global

  • UBSW EMEA


Sectors
  • European Advertising

  • British Advertising

  • Global Advertising

  • European Consumer, Cyclical

  • British Consumer, Cyclical

  • Global Consumer, Cyclical

  • European Media

  • British Media

  • Global Media


Companies
  • WPP.L WPP


Subjects
  • Company Update

  • Morning Note

]]> Alastair Reid WPP.L http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69944|native|public|20091119061701 Thu, 19 Nov 2009 <![CDATA[First Read: Pearson "Old story, but still possible?" (Buy) Reid]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69942|native|public Regions
  • Europe Including UK

  • United Kingdom

  • Global

  • UBSW EMEA


Sectors
  • British Publishing

  • European Publishing

  • Global Publishing

  • European Consumer, Cyclical

  • British Consumer, Cyclical

  • Global Consumer, Cyclical

  • European Media

  • British Media

  • Global Media


Companies
  • PSON.L Pearson


Subjects
  • Company Update

  • Morning Note

]]> Alastair Reid PSON.L http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69942|native|public|20091119060718 Thu, 19 Nov 2009