BUZZ-In economic recovery JPM prefers cheap and smaller European media stocks ** In an economic recovery, J.P.Morgan prefers those European media stocks that are cheap with improving earnings, which could lead shares re-rating ** As we move from economic contraction, "investors should typically favor value, low quality, high risk, small caps and rising momentum to maximize returns," says JPM ** "Contraction winners, quality names that are easy to love, may struggle to outperform unless they have

EUROPE RESEARCH ROUNDUP- Pearson, Softcat, Trelleborg July 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Pearson, Softcat and Trelleborg, on Friday. HIGHLIGHTS * Aker BP ASA AKRBP.OL : Jefferies cuts target price to NOK 340 from NOK 345 * GSK GSK.L : Citigroup cuts target price to 1900p from 2120p * Pearson PSON.L : Deutsche Bank raises target price to 1052p from 1050p * Softcat Plc SCTS.L : Jefferies cuts target price to 1,490p

UPDATE 3-Smith & Nephew shares surge on activist Cevian building stake Cevian's 5% stake to make it no.2 shareholder in S+N S+N shares rise to top of FTSE 100 Cevian sees potential by improving operating performance S+N says will continue talks with Cevian Adds analyst quote in paragraphs 10-11 By Yadarisa Shabong July 4 (Reuters) - Shares in Smith & Nephew SN.L rose 7% to the top of the FTSE 100 index on Thursday after activist investor Cevian Capital disclosed a 5% stake in the British medical

BRIEF-Pearson Appoints Dave Treat As Chief Technology Officer July 2 (Reuters) - Pearson PLC PSON.L : PEARSON APPOINTS DAVE TREAT AS CHIEF TECHNOLOGY OFFICER Source text for Eikon: ID:nBwhGyhRa Further company coverage: PSON.L

UPDATE 1-Workers to continue strike at Canada's Bombardier, union rejects company's proposal Adds details throughout June 25 (Reuters) - Canadian workers' union Unifor said on Tuesday its members at Bombardier BBDb.TO will continue their ongoing strike action after rejecting, what it called, a "final proposal" from the business-jet maker. Two of the union's local units, 112 and 673, announced t he strike action at the company after failing to reach an agreement by June 22 .