U.S. Morning Call: Apple sweetens 13Fs, Mondelez sours
Wednesday, August 14, 2013 - 03:16
Aug 15 - Hedge fund investors added Apple shares to their portfolios,while food giant Mondelez fell out of favor. Meanwhile, Walmart stumbles as consumers watch their pennies.
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What -- -- -- and -- let's take a look at your Thursday morning call and thirteen. And Warren -- out with his -- morning. Oracle took new positions DISH Network and Suncor Energy last quarter he also increase his stake in West Coast bank Wells Fargo. Berkshire elected positions in American Express and Coca-Cola. And sold most of its day and snack maker mindless and Kraft Foods. Pershing square bill actually also getting out of -- in the second quarter shares there have fallen slightly in the past few weeks. Dan -- despite making a bet on Disney with 115. Dollars -- he also to stake in Irish drugmaker and court. Which was involved and take -- fight and then agreed to a deal last month. Fertilizer maker -- industries holdings. And all Soros with -- affectionately. Added another Q and shares his already large JC Penney investment. He also dumped seven point 85 million shares -- Second quarter. Shares have fallen almost 20% in Padilla case to block -- urgent matter. Apple gaining popularity among hedge funds at. Its stock -- Leon Cooper and Omega advisors back and in the second quarter after dumping on apple shares in the fourth quarter last year. Government told CNBC -- greens Carl Icahn that Apple's stock is cheap and bought shares -- trading of 400. Shares of apple premarket just 500 dollar market -- Wednesday. RBC says that in a higher. Price target this morning at 525. Boards and five. Meanwhile. Apple in China where that -- Forge licenses are expected grant by the government by year's end. Mean apple could see deal with China Mobile the nation's largest carrier. Without having to redesign iPhone to work with China Mobile inferior. System. Moments ago we got earnings from giant Wal-Mart and it looks like the consumers becoming stingy -- made report's authors say Els. Wal-Mart we expect results with that revenue and earnings below analysts' estimates. The stock is down more than 2% in the premarket. When. You said -- consumers' spending results there. -- it can't hit it for the Dow NASDAQ and 500. Inflation within the Consumer Price Index for July. Analysts are looking for increases -- 2% in headline and core index. And -- wore my case that -- it's on line. Morning -- Thursday remembered policy on Twitter -- insider and you actually dot com slash. Pittsburgh.
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