Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Composite Portfolio Midday Report (6/25/13)

|Includes: AB, EBIX, FRO, HLF, IVR, KKR, MXA, WBA, Xinyuan Real Estate Co., Ltd. (XIN)

S&P 500 +0.89%
NASDAQ Composite +0.81%
Dow Jones Industrial Average +0.80%
Russell 2000 +0.79%
Pretty Girls and Railroads +1.48%
Widows and Orphans +1.37%
Climbers and Dogs +0.71%
Cumulative +1.19%
  • US homebuilders lead US stocks higher
    Jun 25 2013 17:04 BST
    US stocks opened on the front foot after days of back pedalling, with home builders leading the way on strong earnings from Lennar and data that showed continued growth in the US housing market. Earnings that beat expectations helped Lennar rise 3.7 per cent to $36.29 in early trading on...
  • Graphene ink sales bring flexible touch screens step closer
    Jun 25 2013 16:54 BST
    Flexible computer or mobile phone screens have moved a step closer after two British companies began selling inks based on graphene, the superthin, superstrong material first isolated a decade ago. Haydale, a Swansea University spinout that makes graphene in commercial quantities, has developed the ink with Gwent Electronic Materials, a...
  • Repsol / YPF: no rush
    Jun 25 2013 16:22 BST
    It is a fair bet that nobody wants Repsol to get compensation for the expropriation of its YPF asset in Argentina more than Antonio Brufau. But the Spanish oil group's executive chairman does not need a deal enough that he will accept the first one to come along. A proposal...
  • Shanghai's swings compound jitters
    Jun 25 2013 11:07 BST
    Anthony Bolton may yet regain his reputation for timing. Since the veteran Fidelity stockpicker announced his retirement from the company's China fund last week, the Shanghai market has plunged more than 9 per cent, falling into bear market territory. The main Chinese index saw more wild swings on Tuesday, falling...
  • Trafigura's Russian oil ambitions
    Jun 25 2013 07:00 BST
    Trafigura, the oil and metals trading house, is trying to break into the massive Russian oil sector, a territory long dominated by rivals including Gunvor, Vitol and Glencore. <The tabular content relating to this article is not available to view. Apologies in advance for the inconvenience caused.>The Geneva-based company earlier...


Portfolio Movers


Gainers Today's Market Change
Xinyuan Real Estate Co Ltd
Ebix Inc
Herbalife Ltd
AllianceBernstein Holding LP
Losers Today's Market Change
Walgreen Co
Minnesota Municipal Income Portfolio
Frontline Ltd
Invesco Mortgage Capital Inc
Repsol SA

Disclosure: I am long XIN, KKR, EBIX, HLF, AB, WAG, MXA, FRO, IVR.