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Composite Portfolio Midday Report (5/7/13)

|Includes: AAPL, AFL, EXD, HLF, KHC, KMP, NOK, PTR, SK Telecom Co., Ltd. (SKM), XIN

Dow Jones Industrial Average +0.30%
Russell 2000 +0.24%
S&P 500 +0.24%
NASDAQ Composite -0.03%
Climbers and Dogs +0.35%
Pretty Girls and Railroads +0.34%
Widows and Orphans +0.32%
Cumulative +0.34%
  • Glass Lewis joins call for Dimon to split roles
    May 07 2013 15:19 BST
    Jamie Dimon's prospects of holding on to his chairmanship of JPMorgan Chase darkened on Tuesday as a second shareholder advisory group recommended he be stripped of the role. Glass, Lewis followed ISS in advising shareholders to vote for a split in Mr Dimon's chief executive and chairman roles at an...
  • Xinyuan Real Estate looks to US for growth
    May 07 2013 15:05 BST
    The two-acre site at 421 Kent Avenue in Williamsburg, Brooklyn, is nothing more than concrete rubble and rusted steel rods - remnants of a previous property project gone wrong. But if Xinyuan Real Estate has its way, a gleaming 216-unit upmarket condominium building will soon take its place. This would...
  • Alstom cuts growth forecast and fails to meet profit targets
    May 07 2013 12:43 BST
    Shares in France's industrial bellwether Alstom plunged up to 11 per cent on Tuesday after the world's third-largest power equipment maker by sales cut its growth outlook and reported full-year results below market expectations. The maker of capital goods ranging from gas turbines to trains performed strongly in the year...
  • Wait almost over for Diageo's chief executive in waiting
    May 07 2013 11:31 BST
    Ivan Menezes, 53, was anointed successor to take up the reins at Diageo, the world's biggest distiller, in March last year when he was handed the new role of chief operating officer - in effect, chief executive in waiting. Diageo, the maker of Smirnoff vodka and Johnnie Walker whisky, confirmed...
  • Hopes of a truce for Vodafone and India are fading
    May 07 2013 09:34 BST
    A much-anticipated deal to settle the $2.5bn tax row between the Indian government and Vodafone appears unlikely to happen for at least another year, in a further blow to faltering investor confidence in Asia's third-largest economy. India's finance minister Palaniappan Chidambaram told the Financial Times in an interview in January...


Portfolio Movers


Gainers Today's Market Change
SK Telecom Co Ltd
Nokia Oyj
Kraft Foods Group Inc
PetroChina Co Ltd
Herbalife Ltd
Losers Today's Market Change
Xinyuan Real Estate Co Ltd
Eaton Vance Tax-Advantaged Bond and Options Strategies Fund
Kinder Morgan Energy Partners LP
Aflac Inc
Apple Inc

Disclosure: I am long SKM, NOK, KRFT, PTR, HLF, XIN, EXD, KMP, AFL, AAPL.