Seeing a shifting balance in their competitive positions, BMO Capital analyst Ambrish Srivastava this morning reduced his rating on Intel to Market Perform from Outperform, while at the same time lifting his stance on ARM Holdings to Outperform from Market Perform.

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At the same time he asserted at least two powerful holdings that pushed the authority of the court further than it had ever gone before.

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Investors like this structure because they are able to cash out a large portion of their holdings but at the same time are able to participate in future growth.

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But at the same time, closed-end funds, being different than open, they only have to report their holdings every six months but they can go to nine months, where a regular mutual fund, every quarter they have to send out prospectuses and all sorts of things.

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At the same time Liverpool announced his departure, they revealed a re-structuring of the boardroom of both club and Kop Holdings.

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