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

Composite Portfolio Midday Report (7/30/12)

|Includes: AGNC, AMAT, CEL, CP, EXD, LAD, NAT, Pitney Bowes Inc. (PBI), RAI, VHI
Widows and Orphans     +0.22%      
Climbers and Dogs     +0.10%      
Pretty Girls and Railroads     -0.37%      
Total     -0.03%  


  • BP braces for long battle over oil spill damages claims
    Jul 30 2013 17:10 BST
    BP said it was digging in for a long legal battle over "absurd" damages claims related to the 2010 Gulf of Mexico disaster, as it increased its provision for compensation payouts for the second quarter in a row. The increase highlights the growing problem BP faces from the torrent of...
  • Pharma boosts US stocks
    Jul 30 2013 17:01 BST
    Pharmaceutical blue-chips Pfizer and Merck helped the S&P 500 tick up on Tuesday, as the S&P 500 continued its recent run of quiet trading. Pfizer shares were up 1.7 per cent to $30.03 after reporting second-quarter earnings per share that beat analyst estimates and strong revenue from emerging markets. Growth...
  • US biotech stocks ride wave of investor euphoria
    Jul 30 2013 16:46 BST
    Investor euphoria for biotechnology companies is reaching levels not seen since the dotcom boom as one of Wall Street's riskiest equity bets finds itself back in fashion. The boom in demand for fledgling drug developers searching for cures to the world's most daunting illnesses comes as the Nasdaq Biotechnology index...
  • Santander profits leap as Spanish market stabilises
    Jul 30 2013 16:23 BST
    Banco Santander reported a 29 per cent jump in earnings in the six months to July, amid growing signs that the torrent of writedowns and bad loan provisions in the Spanish market is starting to abate. But Spain's biggest bank by assets suffered a marked fall in earnings in Brazil...
  • BP: getting acquainted
    Jul 30 2013 16:10 BST
    Missing you already, TNK-BP! That is one explanation for the frosty welcome on Tuesday for BP's second-quarter results. The oil company's shares fell 5 per cent after it appeared to miss forecasts. But the picture is not so bleak. The main problem is that it remains unclear just what BP...


Portfolio Movers
Gainers Today's Market Change
Pitney Bowes Inc
American Capital Agency Corp
Valhi Inc
Lithia Motors Inc
Applied Materials Inc
Losers Today's Market Change
Cellcom Israel Ltd
Nordic American Tanker Ltd
Canadian Pacific Railway Ltd
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund
Reynolds American Inc

Disclosure: I am long PBI, AGNC, VHI, LAD, AMAT, CEL, NAT, CP, EXD, RAI.