ALSO NOTED: Lehman initiatives Blackstone coverage with buy; KBW initiates coverage of Fortress with outperform; and much more.

Company News:
> KBW initiates coverage of Fortress with outperform. Article
> Lehman initiatives Blackstone coverage with buy. Article
> IPO market driven by large deals recently. Article
> Evercore beats estimates, not including charge. Article
> Evercore hikes dividend. Article
> Morgan Stanley invests in U.K. retirement homes. Article

Industry News:
> Moody's reorganizes. Article
> Are your customers restive about the markets? Article
> Deals and code names. Article

Regulatory News:
> First BanCorp. to pay an $8.5 million to settle mortgage related charges. Article
> SEC inspector general steps down amid controversy. Article

And Finally... China embraces tournament poker. Article