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By Market News Video Staff, Tuesday, November 16, 12:13 PM ET
It’s a British invasion on iTunes today as Apple (NASDAQ:AAPL) began selling Beatles music for the first time today. Apple’s homepage was adorned with a picture of the Fab Four, announcing the new addition to the iTunes collection, and a special Beatles page gave a preview of Apple’s TV ads for the new music. Individual songs are downloadable for $1.29 each, and albums are $12.99.
Apple shares are trading lower with the market, falling 1.6% so far.
At 22.5% of the portfolio, the stock is the #2 holding in the Internet Architecture HOLDRS (IAH) fund, behind IBM (NYSE:IBM), which is 33.79% of the fund. Hewlett-Packard (NYSE:HPQ), Cisco (NASDAQ:CSCO) and EMC (NYSE:EMC) are also in the top five of the fund, which is trading lower by 2% at the moment. For a full list of holdings, see the IAH Holdings page.
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
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Analyst Moves: LRCX, GNW
Daily Dividend Report: KIM, UNH, AVP, BIP, XL
Daily Dividend Report: NOC, APC, BRCM, PPL, MTB, ACE
Analyst Moves: ARO, HCA
Weekly Market Wrap: May 11, 2012
Analyst Moves: LRCX, GNW
