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Stock Market & Financial Investment News

News Breaks
April 8, 2012
22:20 EDTAA, PPG, PVH, VFC, BBBY, RYN, PCL, DKS, CQP, SLB, ELY, P, BAC, AVP, SNDK, SVU, TITN, GOOG, JPM, WFC, DVN, AAPL, IMOS, INVN, RNDY, NOK, BVSNJim Cramer's "Mad Money"
Jim Cramer told his "Mad Money" TV show viewers Thursday, that when it comes to next week's trading, earnings will be the only thing that matters. Cramer told viewers to take a deep breath, because next week kicks off another important earnings season for the markets. (Monday) the markets will be digesting Friday's unemployment data. (Tuesday) will be a tough day for the markets, said Cramer, as both Alcoa (AA) and grocery chain Supervalu (SVU) kick off earnings season. Cramer told viewers to stay away from Supervalu, a serial underperformer that's just off its 52-week low. Alcoa, however, is tougher, as there's still too much aluminum being produced worldwide, despite continued cuts at Alcoa, he said. (Wednesday) Titan Machinery's (TITN) report will offer an early look into the agriculture and construction industries. Also, the Federal Reserve beige book report, another non-event, said Cramer. (Thursday) Google (GOOG) in the spotlight. Cramer said this company is inexpensive, but does have many moving parts that investors like to pick apart. He told investors that Google is not a buy because of these many skeptics, but he still likes the company. (Friday) JP Morgan Chase (JPM) and Wells Fargo (WFC) close out the week. Cramer said that while he likes JP Morgan, Wells Fargo has no ties to Europe and may perform better in the short term. EXECUTIVE DECISION: Cramer once again spoke with John Richels, president and CEO of Devon Energy (DVN) which is expected to grow its production between 22% and 24% this year as the company continues to move away from natural gas into more lucrative oil drilling. Richels said that Devon has no interest in making a dilutive acquisition with its $7.1B in cash on hand. He said that Devon would rather grow organically and the cash is a huge advantage that allows it to do just that. Cramer remained bullish on Devon. With shares of Apple (AAPL) on a tear this year, up 56%, Cramer asked, does Apple have too much influence in the S&P 500? Using the help of his colleague Tim Collins, he dove into the numbers to find out. Apple accounts for 4% of the index and has 20x more pull than the average S&P 500 stock. Collins concluded that most of the S&P 500's performance this year has come from Apple. His analysis showed that the S&P 500 would still be up for the year, even without Apple, but Apple single-handedly canceled out the lackluster performance of all nine of the remaining top 10 largest companies in the index. MAD MAIL: Cramer said that it's time to take profits in Chipsmos Technology (IMOS), a supplier to Apple, and time to wait for InvenSense (INVN), a provider of motion-based controllers for gaming, to give up some of its recent gains. Cramer is still a buyer of Roundy's (RNDY), but he would not be a buyer of Nokia (NOK) on the heels of its new Lumia 900 smartphone launch. NO HUDDLE OFFENSE: Cramer explained what he means when he says a company has "good execution" and why companies like Sandisk (SNDK), Avon Products (AVP) and Bank of America (BAC) simply don't have it. Cramer said that good execution comes from not only a coherent strategy for success, but also the effective use of tactics to make that strategy a reality. Case in point, PPG (PPG), who's CEO Chuck Bunch used terrific execution to steer PPG away from commodities and into proprietary businesses that have high margins.CLOSING COMMENTS: Cramer was bullish on apparel makers PVH Corp (PVH) and VF Corp (VFC) and retailer Bed Bath & Beyond (BBBY). LIGHTNING ROUND: (Bullish) RYN; PCL; DKS; CQP; SLB. (Bearish) ELY; P; BVSN. Reference Link
News For AA;SVU;TITN;GOOG;JPM;WFC;DVN;AAPL;IMOS;INVN;RNDY;NOK;SNDK;AVP;BAC;PPG;PVH;VFC;BBBY;RYN;PCL;DKS;CQP;SLB;ELY;P;BVSN From The Last 14 Days
Check below for free stories on AA;SVU;TITN;GOOG;JPM;WFC;DVN;AAPL;IMOS;INVN;RNDY;NOK;SNDK;AVP;BAC;PPG;PVH;VFC;BBBY;RYN;PCL;DKS;CQP;SLB;ELY;P;BVSN the last two weeks.
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July 14, 2014
09:25 EDTGOOGGoogle looked to Page, Brin to woo Facebook workers, WSJ says
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09:16 EDTAAPLOn The Fly: Pre-market Movers
HIGHER: Citigroup (C), up 3.6% after reporting better than expected Q2 results, announcing $7B settlement with DOJ and FDIC... Apple (AAPL), up 0.7% after Barclays upgrades stock to Overweight, Morgan Stanley raises Apple estimates above consensus... Shire (SHPG), up 1.6% after receiving revised proposal from AbbVie (ABBV) of GPB 53.20 per share, which it says it would be willing to recommend to Shire shareholders. AbbVie is down 2.8% after the news... Mylan (MYL), up 4% after acquiring Abbott's (ABT) non-U.S. developed markets specialty and branded generics business in all-stock transaction valued at about $5.3B. Abbott up 1.6% after the news... Progenics (PGNX), up 13% after FDA says RELISTOR can be approved on data submitted in sNDA... Exelixis (EXEL), up 13% after announcing coBRIM Phase 3 trial met primary endpoint... URS (URS) up 8% after acquired by AECOM Technology (ACM) for $56.31 per share. AECOM shares alos up 2% after deal announcement... Whiting Petroleum (WLL), up 4.5% after agreeing to acquire Kodiak Oil & Gas (KOG) in a $6B transaction. Kodiak Oil & Gas up 3%... Kandi Technologies (KNDI), up 11% after announcing JV's sale of 4,114 EVs in Q2. LOWER: Riverbed (RVBD), down 4.5% after saying it sees its Q2 adjusted EPS at low end of 26c-28c range... Harmonic (HLIT), down 13% after reporting preliminary Q2 earnings results.. EBay (EBAY), down 0.5% after downgraded at Pacific Crest, confirming partnership plans with Sotheby's (BID).
09:14 EDTAAPLApple's iCloud Mail experiencing an outage for some users
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08:53 EDTWFCCapital One has positive read from Wells Fargo report, says Janney Capital
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08:35 EDTWFCWells Fargo price target raised to $56 from $51 at RBC Capital
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08:10 EDTGOOGEndurance announces extension of partnership with Google
Endurance International Group (EIGI) announced the extension of its partnership with Google (GOOG) for the Get Your Business Online initiative. The partnership will allow more businesses to benefit from the overall web presence solutions the program provides. The Get Your Business Online program has already provided web presence services and support to bring hundreds of thousands of American businesses online for the first time.
08:04 EDTAAPL, INVNInvenSense should be bought ahead of results, says Pacific Crest
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08:01 EDTJPMJP Morgan July volatility increases into Q2 and outlook
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07:41 EDTAAPL, AAPLGT Advanced 's 2014 guidance at risk, says CLSA
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07:31 EDTSNDKSanDisk price target raised to $114 from $95 at Stifel
Stifel raised its price target on SanDisk as the firm expects the company's June quarter results to beat consensus estimates. The firm predicts that SanDisk's guidance for its September quarter may also beat expectations. Stifel believes that demand is shifting towards SanDisk's high valued products, and it keeps a Buy rating.
07:24 EDTAAPLApple may not release 5.5-inch 'phablet' iPhone this year, Apple Insider reports
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07:24 EDTAAPLApple estimates raised above consensus at Morgan Stanley
Morgan Stanley's survey results suggests June quarter iPhone demand upside. The firm raised its iPhone unit estimate to 36M from 34M and increased its EPS estimate to $1.24 from $1.18, vs. consensus of $1.22 and 2015 EPS estimate to $2.33 from $2.25, 11% above consensus. The analyst added iWatch estimates into its model and sees unit sales in the 30M-60M range for the firm 12 months. Shares are rated Overweight with a $110 price target, up from $98.57.
07:04 EDTAAAlcoa announces $1.1B supply agreement with Pratt & Whitney
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06:40 EDTAAPLApple responds to China broadcaster's privacy charges, China Daily says
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06:10 EDTGOOG, NOKTaiwan touch panel makers see more orders from handset vendors, DigiTimes says
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06:08 EDTAAPLABI Research: Over 24M cars to be fitted with Apple CarPlay, DigiTimes says
ABI Research said that over 24M cars will be fitted with Apple (AAPL) CarPlay in 2019, reports DigiTimes. ABI Reserch said that the uptake in MirrorLink will also be fairly significant, but predicts more cars will be fitted with CarPlay. It cites several car makers to have the capabilities, including Ford (F), BMW, Audi, Mercedes, Jaguar/Land Rover, Toyota (TM), Nissan (NSANY), and Volvo (VOLVY). Reference Link
06:03 EDTBBBYStocks with implied volatility below IV index mean; BBBY SHPG
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05:56 EDTWFCWells Fargo downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Wells Fargo to Neutral citing the company's higher expenses in Q2 and the year-to-date outperformance of shares. The firm lowered its price target for the stock to $52 from $54.50.
05:49 EDTBBBYStocks with implied volatility movement; BBBY CWH
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05:44 EDTAAPLApple upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded its rating on Apple (AAPL) shares to Overweight citing its channel checks which indicate near-term upside to consensus estimates and strong new products into 2015. The firm also believes troubles at Samsung are creating an opportunity for Apple to regain market share. Barclays raised its price target for Apple shares to $110 from $95. The stock closed Friday at $95.22.
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