DB Today - Global/Macro Occidental Petroleum：Right Place Wrong Time? DI Strategy: At the mercy of the locals Buy: Stronger cash flow, lower leverage Downgrade to Hold: Positives largely priced in Philippine Property: Notes from Manila Hold: 3Q17 results a miss; lacking near-term catalysts Hold: Wage pressure weighing on outlook Buy: 3Q17 results a strong beat, firing on all cylinders Hold: Takeaways from catch-up with management