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Davy Morning Equity Briefing - 30 January 2013

	MARKET COMMENT
	Euro rises to highest level since 2011 More
	Resources and environment
	Kenmare 2012 headline figures broadly in-line with estimates; financial flexibility increased; 2013 estimates likely to be pulled back More
	Resource Papua Mining update More
	Resource Great Western Mining receives permit for drilling operations at M2 target in Nevada More
	Gaming
	William Hill Upgrading estimates to reflect strength of online growth and lower tax rate guidance More
	Construction and housebuilding
	Travis Perkins Renewable energy distribution bolt-on deal announced More
	Paper and packaging
	Paper & packaging International Paper reports better Q4 results; supply concerns in Europe More
	Food and beverage
	Foods Further Hostess brands and assets disposed of More

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Davy is regulated by the Central Bank of Ireland and is a member of the Irish Stock Exchange, the London Stock Exchange and Euronext. Davy is authorised by the Central Bank of Ireland and regulated by the Financial Services Authority for the conduct of business in the UK. All prices as of close of previous trading day unless otherwise indicated. All authors are Research Analysts unless otherwise stated. For the attention of US clients of Davy Securities, this third-party research report has been produced by our affiliate, J & E Davy. © Davy 2013