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Composite Portfolio Midday Report (4/10/13)

Apr. 10, 2013 12:12 PM ETSAN, TMO, EBIXQ, PTNRY, ACR, FRO, MT, KMP, CTRA
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Indexes
NASDAQ Composite +1.58%
Russell 2000 +1.47%
S&P 500 +1.07%
Dow Jones Industrial Average +0.80%
Portfolios
Pretty Girls and Railroads +0.84%
Climbers and Dogs +0.82%
Widows and Orphans +0.67%
Cumulative +0.77%
  • US banks help lift S&P 500 to new high
    Apr 10 2013 15:39 BST
    US stock markets moved higher reaching record highs in early trade in spite of signs from the Federal Reserve that it may be ready to slow asset purchases in the coming months. The benchmark S&P 500 index rose 0.6 per cent to 1,578.60 surpassing its previous intraday high, reached in...
  • Iraqi Kurdistan find boosts Genel shares
    Apr 10 2013 13:24 BST
    Shares in Genel Energy, the Anglo-Turkish oil explorer run by former BP chief executive Tony Hayward, rose nearly 8 per cent on Wednesday after it announced a "significant oil discovery" in Iraqi Kurdistan. Genel, which is the largest oil producer in the region, said a well drilled at the Chia...
  • Repsol-YPF: dead cow tango
    Apr 09 2013 23:54 BST
    The whole point of robbing Pedro to pay Paulo is to fool people. So hats off to President Cristina Fernández of Argentina. Her decision a year ago to expropriate YPF from Repsol is working wonders. The Argentine oil company may indeed be "free" to lift investment. But it has become...
  • Shoe group executive tells of KPMG shock
    Apr 09 2013 23:31 BST
    Skechers has never had another accountant. KPMG had been there since the shoe company was founded in Manhattan Beach, California, in 1992, and was keeping the books in order when it went public seven years later. But on Monday afternoon David Weinberg, Skechers' chief financial officer, received a shock. Mark...
  • Brazil cements revival in IPOs
    Apr 09 2013 22:24 BST
    Brazilian cement group Votorantim Cimentos has become the latest to join a queue of companies looking to launch initial public offerings in spite of a poorly performing market. The cement company, part of the Votorantim conglomerate, is planning to raise more than $1bn from a dual listing in Brazil and...

Portfolio Movers


Gainers Today's Market Change
Cellcom Israel Ltd
CEL:NYQ
0.50USD+5.59%
Banco Santander SA
SAN:NYQ
0.30USD+4.42%
Thermo Fisher Scientific Inc
TMO:NYQ
2.81USD+3.58%
Ebix Inc
EBIX:NSQ
0.58USD+3.47%
Partner Communications Company Ltd
PTNR:NSQ
0.22USD+3.24%
Losers Today's Market Change
Resource Capital Corp
RSO:NYQ
-0.26USD-3.98%
Frontline Ltd
FRO:NYQ
-0.04USD-1.89%
ArcelorMittal SA
MT:NYQ
-0.19USD-1.49%
Kinder Morgan Energy Partners LP
KMP:NYQ
-0.50USD-0.55%
Cabot Oil & Gas Corp
COG:NYQ
-0.35USD-0.50%

Disclosure: I am long CEL, SAN, TMO, EBIX, PTNR, RSO, FRO, MT, KMP, COG.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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