Top Headlines: Phillips 66 Up on Buffet Bet

July 13 (Bloomberg) -- In today's top headlines, Hewlett-Packard was today's only decliner in the Dow Jones Industrial Average, Mastercard and Visa settle their anti-trust "swipe fee" lawsuit, and Phillips 66 is up after Warren Buffet took a stake in the company. Pimm Fox reports on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

Why Hong Kong Is Seen as a Preferred IPO Hub
33:41 - Alex Frino, dean of the Macquarie Graduate School of Management, discusses the IPO market in Hong Kong where values are set to hit a five-year high and why companies find it so attractive. He speaks to Bloomberg's Angie Lau on "First Up." (Source: Bloomberg)
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