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Composite Portfolio Midday Report (5/29/13)

|Includes: AB, ANH, EXD, Randgold Resources Limited (GOLD), INTC, JNJ, LULU, MGA, SAN, SKM

NASDAQ Composite -0.59%
Dow Jones Industrial Average -0.73%
S&P 500 -0.80%
Russell 2000 -1.19%
Widows and Orphans -1.09%
Pretty Girls and Railroads -1.15%
Climbers and Dogs -1.16%
Cumulative -1.13%
  • Why Google really doesn't care about tax
    May 29 2013 14:26 BST
    In common with other titans of the digital age, Google's Eric Schmidt has faced a lot of questions of late as to why a company that makes so much money seems to pay so little tax. British politicians have been particularly exercised. The Google executive chairman has a stock answer...
  • Costs rise for 'technological barrels' of oil
    May 29 2013 07:02 BST
    New technologies such as fracking in the US shale industry are boosting crude oil supplies - but these new "technological barrels" are flowing at a high cost. <The tabular content relating to this article is not available to view. Apologies in advance for the inconvenience caused.> Sanford C. Bernstein, the...
  • Cook hints at more open Apple approach to counter Android rise
    May 29 2013 05:00 BST
    Tim Cook has hinted that Apple would relax a key element of its technology strategy, taking a more open stance with other technology companies that want to use its mobile devices to reach customers. "I think you'll see us open up more in future - but not to the degree...
  • France Telecom changes name to Orange
    May 29 2013 01:35 BST
    Its customers around the world already call France's incumbent telecom operator by its brand name Orange, and on Tuesday France Telecom shareholders decided to make it official. Shareholders overwhelmingly voted to formally approve the name change at the group's annual general meeting in Paris on Tuesday. The change will come...
  • Citi settles $3.5bn mortgage suit
    May 29 2013 00:07 BST
    Citigroup settled a $3.5bn lawsuit with the US housing regulator, breaking with other banks who have held out against a deal in one of the last big post-crisis lawsuits related to mortgage wrongdoing. The Federal Housing Finance Agency sued Citi and 16 of its rivals in 2011, arguing that the...


Portfolio Movers


Gainers Today's Market Change
Randgold Resources Ltd
Banco Santander SA
Lululemon Athletica Inc
Intel Corp
Magna International Inc
Losers Today's Market Change
SK Telecom Co Ltd
Anworth Mortgage Asset Corp
Johnson & Johnson
Eaton Vance Tax-Advantaged Bond and Options Strategies Fund
AllianceBernstein Holding LP

Disclosure: I am long GOLD, SAN, LULU, INTC, MGA, SKM, ANH, JNJ, EXD, AB.