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Composite Portfolio Midday Report (4/16/13)

|Includes: CEL, DEO, FL, Frontline Ltd. (FRO), KCAP, KKR, OZM, PRTA, TMO, WMT

Russell 2000 +1.41%
NASDAQ Composite +1.22%
S&P 500 +1.04%
Dow Jones Industrial Average +0.90%
Widows and Orphans +1.60%
Climbers and Dogs +1.14%
Pretty Girls and Railroads +1.05%
Cumulative +1.26%
  • US corporate earnings boost Wall St
    Apr 16 2013 15:45 BST
    US stocks rose in early activity on Tuesday as investors turned to earnings results from some of the country's biggest corporations to enliven Wall Street following its worst sell-off in five months. The S&P 500 gained 0.7 per cent to 1,563.52 in the opening 30 minutes of trading, paring some...
  • Miners recover but FTSE resumes sell-off
    Apr 16 2013 13:57 BST
    London's mining stocks recovered in opening trade on Tuesday, after their slide to four-year lows during the previous session left the sector looking oversold even as the FTSE 100 continued to make overall losses. Base metals producers were the top performers, with traders looking reluctant to buy into precious metals...
  • Tar sands boom blights US neighbourhoods
    Apr 16 2013 13:33 BST
    Some nights in Marktown, the smokestack flares light up the sky. Residents wake to cars covered in what's colloquially known as "glitter" - particulate metal coughed up by the factories that surround this tiny northwestern Indiana neighbourhood. Many of Marktown's 200-odd pale stucco houses are vacant or crumbling. But this...
  • YPF struggles to rise above bitter legacy
    Apr 16 2013 13:14 BST
    A year on from the announcement of its expropriation from Repsol of Spain, Argentina's YPF has made strides in boosting production, furthering exploration and securing investment. But despite the savvy management of Miguel Galuccio, a respected industry executive, the renationalised company is still struggling to kick off lead boots. The...
  • Creditors reject Energy Future proposal
    Apr 16 2013 02:50 BST
    Energy Future Holdings, the Texas power producer that in 2007 was the subject of the largest-ever leveraged buyout, has reached out to creditors to propose a pre-packaged bankruptcy for one of its principal units and a consensual restructuring of its $32bn of debt. But lenders who control the senior debt...


Portfolio Movers


Gainers Today's Market Change
Frontline Ltd
Och-Ziff Capital Management Group LLC
KCAP Financial Inc
Thermo Fisher Scientific Inc
Losers Today's Market Change
Prothena Corporation PLC
Foot Locker Inc
Cellcom Israel Ltd
Diageo PLC
Walmart Stores Inc

Disclosure: I am long FRO, OZM, KKR, KCAP, TMO, PRTA, FL, CEL, DEO, WMT.