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Climbers And Dogs Midday Report (3/5/13)

|Includes: AFL, ANH, CELG, CVX, E, IAC, KLAC, LULU, MCD, Nokia Corporation (NOK), RDS.A, UMC, WBA

 

 

Symbol Company Name Price Price Chg. Price % Chg. Volume (000) Volume % Chg.
NOK Nokia Corp Ads $3.59 0.12 3% 18,022 -3%
LULU Lululemon Athletica $69.15 2.10 3% 862 15%
IACI I A C/Interactivecorp $42.25 1.26 3% 845 68%
KLAC K L A Tencor Corp $55.58 1.61 3% 1,063 64%
E Eni Spa Ads $46.19 1.00 2% 221 -18%
CELG Celgene Corp $107.63 2.07 2% 1,747 46%
UMC United Microelectrnc Adr $1.84 0.03 2% 491 -44%
AFL A F L A C Inc $50.99 0.78 2% 1,222 8%

 

 

ANH Anworth Mortgage Asset $5.98 -0.07 -1% 618 54%
WAG Walgreen Company $40.47 -1.30 -3% 6,545 222%
             
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Dow milestone may lure retail investors

By Michael Mackenzie and Arash Massoudi in New York

The Dow Jones Industrial Average rose to a new record high during early trading on Tuesday, finally surpassing its prior peak set in 2007 before the onset of the financial crisis. The oldest and most recognisable US market index, the Dow is comprised of 30 famed blue-chip companies such as...

15:56 GMT Mar 05 2013 CVX:NYQ
Margins give the little guys a chance

By Luke Johnson

Margins are an issue of profound importance for any business. But how much scientific thinking is there on the subject? Are certain activities naturally high margin and are they always a good thing? High margins mean a company is more likely to be nicely profitable, and deliver a decent return...

15:52 GMT Mar 05 2013 MCD:NYQ
Dow hits intraday record as US stocks rally

By Anora Mahmudova in New York

US equity markets rallied in early trade helping the Dow Jones Industrial Average to a record intraday high. The Dow, which tracks 30 blue-chip stocks, was trading 0.8 per cent higher at 14,247.13 - a level last seen in October 2007. Meanwhile, the S&P 500 index rose 0.8 per cent...

15:29 GMT Mar 05 2013 WAG:NYQ
Anadarko and Videocon eye $4.5bn Mozambique sale

By James Crabtree in Mumbai

Anadarko Petroleum, the US energy explorer, and Indian conglomerate Videocon could raise more than $4.5bn as they plan to auction a 20 per cent stake in a Mozambique natural gasfield, one of the world's richest. The bidding process is likely to attract interest from many of the world's largest oil...

08:19 GMT Mar 05 2013 RDS.A:NYQ
Hess plans shake-up to deflect pressure

By Ed Crooks in New Orleans

Hess has announced a radical restructuring plan, including disposals, an increased dividend and a shake-up of its board, as the oil group's management seeks to deflect pressure for change from Elliott Management, the hedge fund. Hess plans to offload its fuel stations, oil marketing and energy trading business, it said...

19:21 GMT Mar 04 2013 RDS.A:NYQ
UK natural gas prices hit seven-year high

By Guy Chazan

UK natural gas prices soared on Monday to their highest in seven years, as problems at a gas processing plant in Norway squeezed supplies and raised fears of higher household energy bills. The spike in prices underscored Britain's growing reliance on gas from Norway and the lack of availability of...

19:17 GMT Mar 04 2013 RDS.A:NYQ
Repsol sells 5% stake to Temasek for €1bn

By Miles Johnson in Madrid

Repsol has sold a 5 per cent stake to Temasek, Singapore's sovereign wealth fund, for €1bn in a move by the Spanish oil group to stabilise its shareholder base following the end of a long-running battle with one time rebel investorSacyr Vallehermoso. In a move that will further solidify Repsol's...

18:05 GMT Mar 04 2013 REPYY:QXI, RDS.A:NYQ

Disclosure: I am long NOK, LULU, IACI, KLAC, E, CELG, UMC, AFL, ANH, WAG, CVX, MCD, WAG, RDS.A.