Widows And Orphans Midday Report (7/22/13)
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| Symbol | Company Name | Price | Price Chg. | Price % Chg. | Volume (000) | Volume % Chg. |
| GOLD | Randgold Resources Adr | $74.04 | 3.71 | 5% | 1,042 | 126% |
| NAT | Nordic Amer Tanker Ltd | $9.18 | 0.33 | 4% | 685 | 91% |
| HLF | Herbalife Ltd | $57.66 | 1.86 | 3% | 1,715 | 48% |
| OZM | Och-Ziff Cap Mgmt Cl A | $11.50 | 0.34 | 3% | 690 | 39% |
| PBI | Pitney-Bowes Inc | $14.48 | 0.42 | 3% | 3,769 | 83% |
| SCCO | Southern Copper Corp | $28.65 | 0.72 | 3% | 709 | -16% |
| GRMN | Garmin Ltd | $37.55 | 0.85 | 2% | 584 | 21% |
| TOT | Total S A Adr | $52.94 | 0.95 | 2% | 1,516 | 154% |
| KKR | K K R & Co Lp | $21.27 | 0.36 | 2% | 1,113 | -3% |
| MGA | Magna Intl Inc | $75.55 | 1.06 | 1% | 275 | -22% |
| MSFT | Microsoft Corp | $31.83 | 0.43 | 1% | 43,684 | 89% |
| SI | Siemens A G Adr | $110.38 | 1.06 | 1% | 168 | -13% |
| VOD | Vodafone Group Plc Adr | $29.81 | 0.28 | 1% | 4,008 | -4% |
| JPM | J P Morgan Chase & Co | $56.57 | 0.41 | 1% | 6,978 | -36% |
| BKCC | Blackrock Kelso Cap Corp | $9.91 | 0.07 | 1% | 254 | -2% |
| SLRC | Solar Capital Ltd | $24.67 | 0.17 | 1% | 71 | -50% |
| TMO | Thermo Fisher Scientific | $90.14 | 0.56 | 1% | 488 | -57% |
| EFC | Ellington Financial | $22.79 | 0.14 | 1% | 41 | -70% |
| CYS | C Y S Investments Inc | $8.81 | 0.05 | 1% | 1,285 | -23% |
| AAPL | Apple Inc | $426.96 | 2.01 | 0% | 4,385 | -27% |
| PSEC | Prospect Capital Corp | $11.09 | 0.05 | 0% | 1,006 | -27% |
| CAT | Caterpillar Inc | $85.97 | 0.32 | 0% | 2,053 | -27% |
| GE | General Electric Co | $24.81 | 0.09 | 0% | 22,085 | 14% |
| VZ | Verizon Communications | $50.12 | 0.17 | 0% | 3,924 | -30% |
| DD | Dupont De Nemours & Co | $57.32 | 0.18 | 0% | 2,354 | -21% |
| MT | Arcelor Mittal Cl A | $12.76 | 0.04 | 0% | 2,195 | -24% |
| SKM | S K Telecom Co Ltd Ads | $21.85 | 0.06 | 0% | 214 | -74% |
| RSO | Resource Capital Corp | $6.47 | 0.01 | 0% | 229 | -59% |
| BRKB | Berkshire Hathaway Cl B | $119.03 | 0.13 | 0% | 1,261 | -34% |
| V | Visa Inc Cl A | $190.12 | 0.20 | 0% | 641 | -57% |
| WAC | Walter Investment Mgmt | $38.17 | 0.04 | 0% | 195 | -50% |
| CSX | C S X Corp | $25.40 | 0.01 | 0% | 1,716 | -51% |
| DHY | Credit Suisse Hi Yld Bd | $3.06 | 0.00 | 0% | 204 | -36% |
| LMT | Lockheed Martin Corp | $115.53 | -0.02 | 0% | 397 | -53% |
| MMM | Three M Company | $116.12 | -0.07 | 0% | 1,495 | 19% |
| XIN | Xinyuan Real Estate Ads | $4.75 | -0.01 | 0% | 130 | -25% |
| ZTR | Zweig Total Return Fund | $13.19 | -0.03 | 0% | 42 | 8% |
| CTB | Cooper Tire & Rubber Co | $33.70 | -0.09 | 0% | 749 | -33% |
| TWO | Two Harbors Investment | $10.07 | -0.05 | 0% | 2,215 | -38% |
| SXL | Sunoco Logistics Ptnr Lp | $61.43 | -0.48 | -1% | 86 | -18% |
| EXG | Eaton V Tx-Mgd Gl Div Eq | $9.63 | -0.08 | -1% | 303 | -45% |
| LO | Lorillard Inc | $45.98 | -0.52 | -1% | 1,016 | -36% |
| KCAP | K C A P Financial Inc | $10.87 | -0.15 | -1% | 123 | -24% |
Pretty Girls and Railroads +1.18% Widows and Orphans +0.75% Climbers and Dogs +0.03% Total +0.67% - KKR:
KKR becomes the latest P-E firm to invest in Indonesia's perky consumer market, agreeing to take a 9.5% stake in snack foodmaker Tiga Pilar Sejahtera. Terms weren't disclosed, but the investment should be worth about $42M at current market valuations. The small size of the deal highlights the difficulties P-E groups are having at finding good companies at reasonable prices in that country. - AAPL:
Apple: Some Momentum Before Earnings - MSFT:
Microsoft - Poor Quarter, Valuation Provides Support - GE, AAPL:
The Stock Market Will Never Fall Again! - MGA:
Magna International Inc. Notice of Conference Call for Second Quarter 2013 Results - LMT:
Lockheed Martin GPS III Satellite Prototype To Help Cape Canaveral Air Force Station Prep For Launch - HLF:
Herbalife and AEG Sign Global Strategic Partnership - LO:
Philip Morris: Bad Quarter, Good Stock - MSFT:
Why Microsoft Just Became A Compelling Investment Opportunity - AAPL:
How Apple's Western Bastions Could Be Threatened By Little Known Competitors - MSFT:
Microsoft Should End The Steve Ballmer Experiment - MSFT, VZ:
Acquisition Target: CounterPath Corp. - MSFT:
Microsoft: Good Buy Or Goodbye? - AAPL:
Google Solidifies The Future Of Glass With Investment In Himax - CAT:
Chanos Put CAT In The Litter Box - Did It Need His Help? - AAPL:
Apple (AAPL) has ordered display prototypes for a ~13" iPad and 4"+ iPhones, the WSJ reports. Reuters reported in June Apple is thinking of launching 4.7" and 5.7" iPhones, and South Korea's ETNews reported in May Apple is looking to launch a 12.9" iPad in early 2014. As the WSJ cautions, Apple often tests hardware prototypes that are never commercialized. Tim Cook has hinted a bigger iPhone, increasingly seen as a necessity as demand for ~5" and larger Android devices takes off, will arrive if/when Apple creates one that meets its standards. - LMT:
Lockheed Martin Awarded $35 Million Energy Savings Contract with U.S. Embassy in Nicaragua - MSFT:
Today's Market: Tech Was Disappointing, But Biotech Offers Hope This Week - MSFT:
Is Nokia Still Dead Or Will It Outlive BlackBerry? - MGA:
EV Sales Far Outstripping Model Introductions - GE:
GE Capital is Sole Lender on $76.8 Million Asset-Based Credit Facility for Pacific Coast Feather Company - AAPL:
Apple Earnings Preview: It's Time To Deliver - GOLD:
COMEX Gold Inventories Plummet: Shorts May Be Forced To Cover Fast - JPM:
Is It Time To Say Goodbye To Canadian Banks And Switch Over To U.S. Financials? - AAPL:
Apple's (AAPL) price target is hiked $30 to $480 a day ahead of earnings by BMO's Keith Bachman who believes the company will beat revenue, margin, and EPS expectations, but disappoint on guidance. He stops short of upgrading the stock from a Hold thanks to his concerns about Apple's share of the "smartphone profit pool." Shares are up marginally premarket. - JPM:
Wall Street Breakfast: Must-Know News - MSFT:
Microsoft (And Nokia's) Window Of Opportunity To Close The App Gap - GE:
General Electric Back To Its Core Roots, Committed To Return Cash To Shareholders - AAPL:
Turf Wars: Apple And Google Face Off - AAPL, MSFT:
For Nokia, Stephen Elop Is A Flop - JPM:
JPMorgan (JPM) is reportedly close to reaching a $410M deal with the Federal Energy Regulatory Commission to settle accusations that the bank manipulated energy markets in California and the Midwest. JPMorgan will also forego $200M in unpaid claims from electricity buyers in California. However, three energy traders whom FERC targeted, as well as the bank's commodities chief, Blythe Masters, will escape sanctions. The settlement would follow FERC levying a fine of $435M on Barclays, which is fighting the penalty, for similar sins. - JPM:
Warren Buffett would happily start building a position in Wells Fargo (WFC) at $56/share, writes The Brooklyn Investor, applying the Buffett/Munger 10% pretax return standard to the $29.9B the bank earned in the last 12 months. At the current share price near $44, the company can be had for a 12.8% pretax yield - no wonder Buffett's been buying more all year. Applying the same analysis to JPMorgan (JPM) finds the Oracle would gladly begin buying that bank at $84/share, 50% above Friday's close. It's a pretty safe bet Buffett hasn't sold any of his stake. - MT:
Vale's 85% Gain Tops M/Y Basic Materials June Dogs - BRK.B:
Buying Buybacks - GE, MSFT:
Buy S&P 500, Avoid Nasdaq - MSFT:
Microsoft: Own The Living Room - KKR:
KKR Financial Is The Alt-REIT, Alt-MLP, Alt-BDC Income Investment Choice - DD, AAPL:
Cramer's Mad Money - 14 Earnings To Watch In The Week Ahead (7/19/13) - VOD:
6 Poor Communication Services June Dogs Beg 2.2% To 26% Upsides - LO:
Cresud Leads Consumer Defensive Dogs With 97.9% June Upside - JPM:
The physical commodities activities of major banks such as Goldman Sachs (GS), JPMorgan (JPM) and Morgan Stanley (MS) are set to be the subject of a Senate hearing on Tuesday, when legislators will explore whether banks should be allowed to continue to store metal, transport oil and operate mines. On Friday, the Fed said it's reviewing whether banks that take deposits should allowed to trade physical commodities. The Senate hearing and Fed review come amid an NYT investigation into how GS's activities have driven up aluminum prices. - BRK.B, VOD:
John Malone: Media Companies Should Consolidate - MMM:
All Dividend-Growth Investors Are Not Created Equal
Pretty Girls and Railroads
- McDonald's warns on global weakness
- Pretty Girls and Railroads July 21, 2013 Weekend Analytics Report
- Wall Street returns to era of big profits
- Buzz on the Street: And the Bulls Kept a Rollin', All Night Long
- Ebix's Valuation Says 'Guilty Until Proven Innocent' - Worst Case: 25% Upside
- Approved sale of Versace mansion
- Pretty Girls and Railroads July 19, 2013 Daily Close Analytics Report
- Evans' eye on Detroit & munis
- Union Pacific Corporation Management Discusses Q2 2013 Results - Earnings Call Transcript
- Pretty Girls and Railroads July 18, 2013 Daily Close Analytics Report
Climbers and Dogs
- Big Pharma in China: getting tougher
- Winmark Corporation: A High Margin, Owner-Operator Small Cap That Is Breaking Out
- Crude Oil's Behavior Suggests Its Rally Is Nearing an End
- Anworth Announces Preferred Dividends
- Climbers and Dogs July 10, 2013 Daily Close Analytics Report
- McKinsey's Manyika Says U.S Must Improve Infrastructure
- Pepsi: half nelson
- Lululemon Athletica Stockholders Seeking More Information about Class Action Complaint Made Against the Board of Directors are Encouraged to Contact Shareholder Rights Lawyers at Deans & Lyons LLP
- Climbers and Dogs July 18, 2013 Daily Close Analytics Report
- Quest Diagnostics Inc (DGX): Today's Featured Health Care Laggard
Disclosure: I am long MMM, AAPL, MT, BRK.B, BKCC, CAT, CTB, DHY, CSX, CYS, DD, EXG, EFC, GRMN, GE, HLF, JPM, KCAP, KKR, LMT, LO, MGA, MSFT, NAT, OZM, PBI, PSEC, GOLD, RSO, SI, SKM, SLRC, SCCO, SXL, TMO, TOT, TWO, VZ, V, VOD, WAC, XIN, ZTR.
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