Composite Portfolio Midday Report (7/17/13)
Widows&Orphans's Blog
19 Followers
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.
| Pretty Girls and Railroads | +0.57% | |||||
| Widows and Orphans | +0.40% | |||||
| Climbers and Dogs | +0.19% | |||||
| Composite | +0.39% |
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Russian mobile operators halt iPhone sales
Jul 17 2013 16:52 BST
Russia's three major mobile operators have halted iPhone sales, a further sign that the tide is turning against Apple in European markets. MTS, Megafon and VimpelCom, which together control more than four-fifths of the Russian market, have all separately ended their contracts with Apple, arguing that they were unable to... -
Timeline: The Formula One case
Jul 17 2013 15:13 BST
2002: The collapse of Germany's Kirch Group leaves control of F1 in the hands of three banks - BayernLB, JPMorgan and Lehman Brothers. Nov 2005: Bernie Ecclestone and BayernLB sell stakes in F1 to private equity group CVC Capital Partners for a sum believed to be about $1bn. March 2006:... -
Smiths Group in no hurry to follow Invensys' footsteps
Jul 17 2013 15:01 BST
Schneider Electric's £3.3bn bid approach to Invensys has reinforced the assumption that Smiths Group, another big, diversified engineer, is up for grabs. Not that chief executive Philip Bowman has given the story much credence, pointing to pension scheme liabilities that could hinder a break-up. On Wednesday he poured further cold... -
Barclays refuses to pay $470m US price-fixing fine
Jul 17 2013 14:29 BST
Barclays is refusing to pay a $470m fine for manipulating prices in the US electricity market, putting the UK bank on course for a courtroom showdown with regulators. According to people familiar with the case, the UK bank is not planning to pay the fine within the 30-day limit imposed... -
Debt issuance by Middle Eastern lenders surges 40% in first half
Jul 17 2013 12:54 BST
Middle Eastern debt issuance surged 40 per cent in the first half of 2013, the strongest period on record, according to new data released by Thomson Reuters. Debt raised reached $26bn, including $20.8bn of investment grade corporate debt in the first two quarters of the year, accounting for around 80...
Portfolio Movers
| Gainers | Today's Market Change |
|---|---|
|
Frontline Ltd FRO:NYQ |
0.11USD+5.75% |
|
Ebix Inc EBIX:NSQ |
0.48USD+4.25% |
|
Alaska Communications Systems Group Inc ALSK:NSQ |
0.06USD+3.23% |
|
Walter Investment Management Corp WAC:NYQ |
1.08USD+3.02% |
|
Prothena Corporation PLC PRTA:NMQ |
0.43USD+2.55% |
| Losers | Today's Market Change |
|---|---|
|
Mattel Inc MAT:NSQ |
-3.28USD-7.08% |
|
Johnson & Johnson JNJ:NYQ |
-0.36USD-0.40% |
|
Sunoco Logistics Partners LP SXL:NYQ |
-0.18USD-0.28% |
|
Altria Group Inc MO:NYQ |
-0.04USD-0.11% |
|
Plum Creek Timber Company Inc PCL:NYQ |
-0.03USD-0.06% |
Disclosure: I am long FRO, EBIX, ALSK, WAC, PRTA, MAT, JNJ, SXL, MO, PCL.
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