EFTA01358385

From: Stewart Oldfield Sent: 6/4/2035 10:32:37 AM To: Daniel Sabba Vahe Stepanian Ariane Dwyer CC: Paul Morris Subject: RE: send to rich please ICI Classification: Confidential Give me a quick call on this if you can. We had a client at CS who would send weekly lists of a few stocks he liked and we developed a consistent business around some worst-of pairs structures that may show a higher yield than JE's usual swap «covered call From: Paul Morris Sent: Tuesday, June 02, 2015 9:35 AM To: Ariane Dwyer Cc: Stewart Oldfield; Vahe Stepanian Subject: Re: send to rich please [C] Classification: Confidential Thx pls cc stew in future From: Ariane Dwyer Sent: Tuesday, June 02, 2015 09:23 AM To: '[email protected]' <[email protected]>• Cc: Vahe Stepanian; Daniel Sabba; Paul Morris Subject: RE: send to rich please [C] Classification: Confidential Good morning, Per your request, please find below the stocks with 6/1/15 close price, DB Global Market Research Rating and DB Global Market Research Target price. In addition please find attached DB Global Market Research Reports about the companies we cover. Please note these are independent equity research views. Company Ticker Price @ 6/1/15 Close DB Global Markets Research Rating DB Global Markets Research Target Retrophin RTRX $31.85' Buy $52 Orexigen Therapeutics OREX $4.91 No Coverage Akorn AKRX $46.25 Buy $55 Dish Networks DISH $72.07 Buy $105 Pioneer Natural Resources PXD $149.77 Hold $182 EOG Resources EOG $88.76 Buy $101 General Dynamics GD $140.25 Buy $166 Delphi Automotive DLPH $86.83 Buy $94 Comcast CMCSA $58.78 No Coverage Glaxo Smith Kline GSK 1456 GBP Hold 1540 GBP CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0046003 SDNY_GM_00192187 EFTA01358385