| Indexes |
| Russell 2000 -0.09% |
| S&P 500 -0.12% |
| Dow Jones Industrial Average -0.21% |
| NASDAQ Composite -0.21% |
| Portfolios |
| Climbers and Dogs -0.22% |
| Widows and Orphans -0.27% |
| Pretty Girls and Railroads -0.45% |
| Cumulative -0.32% |
- Drew blames underlings for JPM losses
Mar 15 2013 14:54 GMT
Ina Drew, the former JPMorgan chief investment officer, broke her public silence on Friday by blaming the bank's $6bn "London whale" trading loss on two underlings, in an attempt to distance herself from the disastrous bets on credit derivatives. Ms Drew was attributed much of the responsibility for the failed... - S&P 500 remains shy of record level
Mar 15 2013 14:22 GMT
US equity markets disappointed investors by opening lower on Friday as many expected the main benchmark to break through its previous record closing high. The S&P 500 index of large-cap companies finished 2 points off its all-time closing high on Thursday, but eased 0.4 per cent to 1,557.07 at the... - Samsung and the Galaxy S4
Mar 15 2013 12:16 GMT
Just how many games need changing in the smartphone world? Every time a new model is launched, opiners weigh in on whether it meets that standard. Samsung suffered its worst one-day drop in five months on Friday, down 2.6 per cent, after its hotly awaited Galaxy S4 was considered not... - Beijing looks to energy market easing
Mar 15 2013 09:25 GMT
As China's rubber-stamp congress finishes up its annual meeting in Beijing this week, a recurrent theme can be heard from the tightly scripted meetings: China's energy pricing policies are set to change. For decades, China's rapid industrial growth has been fuelled by cheap, and sometimes subsidised, energy. Even today, much... - Energy merger to spawn $11bn partnership
Mar 15 2013 00:05 GMT
Two US energy companies and a private equity fund are to merge their natural gas pipeline and storage businesses into a new partnership with assets worth $11bn, which they plan to float on the stock market. The deal will create one of the country's largest master limited partnerships: a tax-advantaged...
Portfolio Movers
| Gainers | Today's Market Change |
|---|---|
| Frontline Ltd FRO:NYQ | 0.06USD+3.14% |
| Nokia Oyj NOK:NYQ | 0.08USD+2.45% |
| Two Harbors Investment Corp TWO:NYQ | 0.29USD+2.16% |
| Apple Inc AAPL:NSQ | 8.19USD+1.89% |
| Blackrock Kelso Capital Corp BKCC:NSQ | 0.18USD+1.75% |
| Losers | Today's Market Change |
|---|---|
| Ulta Salon Cosmetics and Fragrance Inc ULTA:NSQ | -12.95USD-14.65% |
| KCAP Financial Inc KCAP:NSQ | -0.20USD-1.88% |
| Verizon Communications Inc VZ:NYQ | -0.70USD-1.45% |
| Foot Locker Inc FL:NYQ | -0.31USD-0.94% |
| Reynolds American Inc RAI:NYQ | -0.37USD-0.85% |
Disclosure: I am long FRO, NOK, TWO, AAPL, BKCC, ULTA, KCAP, VZ, FL, RAI.