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Composite Portfolio Midday Report (4/15/13)

|Includes: AB, ANH, IAU, KLAC, LULU, RAI, SK Telecom Co., Ltd. (SKM), TMO, WBA, WMT

Dow Jones Industrial Average -0.92%
S&P 500 -1.01%
NASDAQ Composite -1.42%
Russell 2000 -2.78%
Climbers and Dogs -0.89%
Widows and Orphans -1.33%
Pretty Girls and Railroads -1.42%
Cumulative -1.22%
  • Wall St falters in early trading
    Apr 15 2013 15:18 BST
    Wall Street stocks faltered in early trading on Monday, as an economic survey of US manufacturing activity came in well below market expectations. The S&P 500 lost 0.7 per cent to 1,578.78 in the opening thirty minutes of trading in New York. The losses came as the New York Federal...
  • How not to stifle your new subsidiary
    Apr 15 2013 15:13 BST
    One company may decide to buy another for its people, its clients, its products, its technology or a combination of all four. But how often does a company acquire another for its culture? Bromides pumped out by companies during a takeover aim to reassure investors and staff that the two...
  • JC Penney taps $850m in bank funding
    Apr 15 2013 14:33 BST
    JC Penney, the struggling department store that ejected its chief executive last week, is to borrow $850m from banks as it seeks to bolster its balance sheet. The retailer has faced growing questions over its liquidity since its sales began to tumble last year under Ron Johnson, an Apple veteran...
  • Staff undermine cyber security efforts
    Apr 15 2013 14:21 BST
    Efforts to protect businesses from cyber attacks are being undermined by the fact that nine out of 10 people knowingly breach their employer's data policies. A survey of 165,000 employees showed 93 per cent of workers knowingly violate policies designed to prevent data breaches, and senior executives are the worst...
  • EADS in talks to buy back French shares
    Apr 15 2013 14:18 BST
    France is in talks to sell a near €500m slice of its 15 per cent stake in EADS back to the aerospace group as the country's cash-strapped socialist government increasingly looks to shed non-strategic parts of its big industrial holdings. EADS said it was discussing the purchase of a 1.56...


Portfolio Movers


Gainers Today's Market Change
SK Telecom Co Ltd
Thermo Fisher Scientific Inc
Lululemon Athletica Inc
Walgreen Co
Walmart Stores Inc
Losers Today's Market Change
iShares Gold Trust
AllianceBernstein Holding LP
Anworth Mortgage Asset Corp
Reynolds American Inc
KLA-Tencor Corp

Disclosure: I am long SKM, TMO, LULU, WAG, WMT, IAU, AB, ANH, RAI, KLAC.