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Composite Portfolio Midday Report (3/7/13)

|Includes: AB, Cabot Oil & Gas Corporation (COG), DEO, KYN, NYMT, RAI, SKM, SXL, TEF, VOD

Dow Jones Industrial Average +0.29%
S&P 500 +0.24%
NASDAQ Composite +0.17%
Russell 2000 +0.18%
Widows and Orphans +0.14%
Climbers and Dogs +0.01%
Pretty Girls and Railroads -0.01%
Cumulative -0.11%

News for companies in your portfolios

  • Nokia chief's pay halved in turnround drive
    Mar 07 2013 16:53 GMT
    Nokia cut the annual earnings of its chief executive almost in half last year as Stephen Elop fought to restore the Finnish handset maker's fortunes in the fiercely competitive mobile phone market. Mr Elop received €4.3m in cash and stock options in total for 2012, according to a regulatory filing...
  • US equities boosted by jobless data
    Mar 07 2013 15:28 GMT
    US stocks rose in early activity on Thursday after labour market data showed an unexpected fall in the number of Americans claiming first time jobless benefits. The figures, which said claims fell by 7,000 to 340,000, helped boost the S&P 500 closer to its all-time record high of 1,565 and...
  • Icahn muscles in on Dell deal
    Mar 07 2013 14:09 GMT
    Carl Icahn has taken a sizeable stake in Dell and is pushing the PC maker to abandon its $24.4bn buyout plan in favour of a leveraged recapitalisation and special dividend, according to a letter from the billionaire activist investor to the company. News of the stake comes as the personal...
  • Brussels ends probe into telecoms groups
    Mar 07 2013 11:47 GMT
    The five largest European telecoms groups have been cleared of antitrust practices by Europe's competition regulator following the end of a long-running Brussels probe. The European Commission said on Thursday morning that it had closed a preliminary investigation into the extent of group discussions between Deutsche Telekom, Telefónica, Vodafone, France...
  • Talk stays cheap for Vodafone and Verizon
    Mar 06 2013 23:18 GMT
    A few years ago Vodafone's board commissioned a study of the company's options for its 45 per cent stake in Verizon Wireless, the largest US mobile network operator. The study included the full purchase of Verizon Communications for $160bn - potentially one of the largest M&A transactions on record. When...


Portfolio Movers


Gainers Today's Market Change
Cabot Oil & Gas Corp
Telefonica SA
SK Telecom Co Ltd
Sunoco Logistics Partners LP
New York Mortgage Trust Inc
Losers Today's Market Change
Kayne Anderson MLP Investment Company
Reynolds American Inc
Vodafone Group PLC
AllianceBernstein Holding LP
Diageo PLC

Disclosure: I am long COG, TEF, SKM, SXL, NYMT, KYN, RAI, VOD, AB, DEO.