News Breaks |
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| June 13, 2012 |
| 05:24 EDT |  | AFL, STD, BAC, TRY, INCY, TD, FB, DNKN, DG, SGEN, ARNA, SHW, MO, LL, DPS, BGS | Jim Cramer's "Mad Money"
JIm Cramer says the market is trading on rumors lately. He says "rumor investing" is totally useless, adding that it's no way for anyone to invest their money. Cramer continues to recommend sticking with stocks that don't have anything to do with Europe, stocks like American food companies, a la B&G Foods (BGS) or Dr Pepper Snapple (DPS), or domestic tobacco players like Altria (MO). Cramer also recommended domestic housing stocks including Lumber Liquidators (LL) and paint-maker Sherwin-Williams (SHW) as safe bets with no European exposure. There is also the biotech sector, names like Arena Pharmaceuticals (ARNA) and Seattle Genetics (SGEN), both of which will continue the fight against life-threatening diseases no matter what the economies in Europe are up to. Europe's debt woes may make it harder to find strong stocks, Cramer told viewers, but that's no excuse for missing them. Case in point: Dollar General (DG) and Dunkin Brands (DNKN), two stocks that have risen 22% and 35% respectively this year, all in plain sight of savvy investors. Cramer said it should come as no surprise that in today's market, where Europe has taken the financials, industrials, energy and technology stocks off the table, stocks like Dunkin and Dollar General would be good places to invest. Both of these companies are regional to national expansion stories, said Cramer. Both have long runways of growth ahead of them. Both have successfully made secondary offerings of stock, right under everyone's noses. OFF THE CHARTS: Cramer took a step back to see the bigger picture of the markets and take a technical look with the help of his colleague Carolyn Boroden. While Boroden sees only 4% of downside for the markets, her analysis found the S&P could rise as high as 1,464, a full 11% move from today's levels.Cramer emphasized that the markets are still being held hostage by Europe, which makes this a stockpicker's market, not a market for technicians like Boroden. Cramer spoke with Tony O'Reilly, CEO of Providence Resources, an Ireland-based oil exploration and drilling company that has potentially made game-changing oil discoveries off the coast of Ireland. Cramer said while Providence Resource shares do not trade in the U.S., the company offers hope for Europe at a time when it seems all hope for growth and prosperity has been lost. NO HUDDLE OFFENSE: Cramer once again opined on the botched Facebook (FB) IPO and how it tarnished stocks already under siege. LIGHTNING ROUND: (Bullish) TD; INCY;TRV; BAC (Bearish) STD; AFL Reference Link |
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News For BGS;DPS;LL;MO;SHW;ARNA;SGEN;DG;DNKN;FB;TD;INCY;TRY;BAC;STD;AFL From The Last 14 Days Check below for free stories on BGS;DPS;LL;MO;SHW;ARNA;SGEN;DG;DNKN;FB;TD;INCY;TRY;BAC;STD;AFL the last two weeks. |
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| May 23, 2013 |
| 15:31 EDT | | TD | Toronto-Dominion CEO says looking at permanent cost reductions
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| 15:23 EDT | | TD | Toronto-Dominion says on course for 2H earnings to match 1H
Says delivered $779M in earnings in U.S. dollars in the first half of year and "on course to match that level of earnings" in the second half. Says total Bank earnings grew 7% for the first half of the year, EPS grew 6% and company "working hard to get into the bottom of our 7 to 10% medium term target for adjusted EPS growth." Says operating environment in the U.S. "remains challenging," with low interest rates likely to keep margins under pressure for rest of this year and beyond. Says faces headwinds from slower loan growth in Canada and low interest rates globally. Comments from Q2 earnings conference call. |
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| 09:02 EDT |  | FB | Facebook slips lower, breaks $25 threshold
The stock is down 1.5% in the pre-market to $24.77, breaking the psychologically important $25 support level. This move puts the shares at 3-month lows. At current price, next support is at $23.88, the 6-month low. Resistance is at $25.65. |
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| 08:27 EDT |  | TD | Toronto-Dominion reports Q2 adjusted EPS C$1.90, consensus C$1.90
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| 07:12 EDT |  | BAC | Wall Street trying to use trade deals to weaken Dodd-Frank, Bloomberg reports
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| 06:29 EDT | | TD | TD intends to repurchase up to 12M common shares for cancellation
TD Bank Group announced that, subject to the approval of the Office of the Superintendent of Financial Institutions Canada, or OSFI, and the Toronto Stock Exchange, it intends to launch a normal course issuer bid through the facilities of the TSX as well as through other designated exchanges and published markets in Canada to repurchase up to 12M of its common shares, representing approximately 1.3% of the common shares currently issued and outstanding. On May 21, there were 923,873,168 common shares issued and outstanding. TD will file a notice of intention with the TSX in this regard. As at April 30, the Bank's Common Equity Tier 1, Tier 1 and Total Capital ratios were 8.76%, 10.79% and 13.99% respectively. TD made the decision to launch the bid in light of its demonstrated ability to generate capital and has now allocated roughly $1B in capital for share repurchases under the bid. |
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| 06:12 EDT |  | DPS | Dr Pepper Snapple files automatic mixed securities shelf
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| 06:08 EDT | | BAC | On the Fly: Periodicals Wrap-Up
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| May 22, 2013 |
| 14:27 EDT | | FB | comScore says Google Sites lead April U.S. online video rankings
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| 12:08 EDT |  | ARNA | Options with decreasing implied volatility: ARNA SGMO NTAP CBST GDI
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| 10:37 EDT | | FB | Pandora extends Facebook partnership with timeline App
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| 10:00 EDT |  | DPS | On The Fly: Analyst Initiation SummaryDr Pepper Snapple Popular
Today's noteworthy initiations include: Chart Industries (GTLS) initiated with an Outperform at Raymond James... Coca-Cola (KO) initiated with a Market Perform at BMO Capital... Cott Corp. (COT) initiated with a Market Perform at BMO Capital... Dr Pepper Snapple (DPS) initiated with a Market Perform at BMO Capital... Galena Biopharma (GALE) initiated with an Outperform at JMP Securities... Monster Beverage (MNST) initiated with an Outperform at BMO Capital... PepsiCo (PEP) initiated with an Outperform at BMO Capital... Popular (BPOP) initiated with an Outperform at Wells Fargo... Central Pacific (CPF) initiated with an Outperform at Raymond James. |
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| 09:02 EDT |  | BAC | Financials upgraded to Overweight from Market Weight at Wells Fargo
Wells Fargo believes that financials' earnings continue to be the strongest of any sector in the S&P 500. The firm thinks that the sector's stocks appear to be breaking out from a technical standpoint. Citigroup (c) and Ameriprise Financial (AMP) are on the firm's priority list. |
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| 08:58 EDT |  | FB | Facebook management to meet with Deutsche Bank
Meeting to be held in New York on May 22 hosted by Deutsche Bank. |
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| 07:22 EDT | | BAC | Dun & Bradstreet to hold a conference
2013 Access to Capital is being held in Chicago on May 22. |
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| 06:27 EDT | | DPS | Dr Pepper Snapple initiated with a Market Perform at BMO Capital
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| May 21, 2013 |
| 12:32 EDT | | ARNA | Options with decreasing implied volatility: PXP ARNA BBY OPK CSC
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| 10:56 EDT | | MO | Tobacco stocks lower after Minnesota proposes doubling cigarette tax
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| 10:32 EDT | | MO | Minnesota lawmakers pass cigarette tax hike, Pioneer Press reports
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| 07:13 EDT | | BAC | U.S. bank mergers less likely this year, Bloomberg reports
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