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Stock Market & Financial Investment News

News Breaks
March 21, 2012
00:06 EDTLUFK, LFUS, ISRG, MRK, LINE, GLW, LGF, VIX, LOW, PNRA, CMI, BHP, WES, ROST, HD, WFC, NUE, CLF, AMZN, DRI, STI, JOYJim Cramer's "Mad Money"
Jim Cramer said with U.S. hiring on the rise, along with commercial construction and the rebuilding of U.S. company inventories, the "USA trade" is one that will likely be with us for some time to come. With the Chinese economy still slowing, stocks like BHP Billiton (BHP), the Australian mining company that supplies China with tons of coal, saw its shares slump, taking mining equipment maker Joy Global (JOY) down with it. Steelmaker Nucor (NUE) also saw its shares shed $1 a share. Likewise with engine maker Cummins (CMI), which also has Chinese exposure. Meanwhile in the U.S., Cramer said regional banks like SunTrust Banks (STI) or banking giant Wells Fargo (WFC), saw no such decline. American restaurants like Panera Bread (PNRA) and Darden Restaurants (DRI) saw shares rally nicely Tuesday. Cramer was also still bullish on the home improvement stocks, mainly Home Depot (HD) and rival Lowes (LOW), as well as American retailers like Ross Stores (ROST) and Amazon.com (AMZN). OFF THE CHARTS: Cramer and colleague Mark Sebastian over the chart of CBOE Volatility Index (VIX), more commonly known as "the VIX." The VIX is often seen as a fear index for the markets, denoting investor confidence. The VIX currently trades at $15.58, well below its historic average of $20. According to Sebastian's assessment, the VIX moves in stages averaging around five years. Our latest period of volatility, from 2008 through 2012, is nearing a close, and we should once again enjoy several years of stability and growth. Cramer concurred. EXECUTIVE DECISION: Cramer spoke with Joseph Carrabba, chairman, president and CEO of Cliffs Natural Resources (CLF), a mining company that recently raised its dividend to 3.5% and left its growth outlook unchanged, despite bearish comments from its rivals regarding slowing growth in China. Cramer said that investors looking for yield and growth, as well as exposure to both China and the red-hot U.S. market, need to consider Cliffs Natural Resources. Cramer also sat down with Don Sinclair, president and CEO of Western Gas Partners (WES), an oil and natural gas master limited partnership that offers both a 14% growth rate and a 4% dividend yield. Cramer said he likes what Sinclair has done for shareholders and continued to recommend the stock. NO HUDDLE OFFENSE: Cramer said investors are already up 34% in Lions Gate Entertainment (LGF) based on his recommendation, but with speculation running rampant that the company could have a colossal flop on their hands, this stock may not be for the squeamish investor. Cramer said he would continue to own Lion's Gate for the long-term and not worry about how big or small opening weekend for "The Hunger Games" turns out to be. LIGHTNING ROUND: (Bullish) LINE; ISRG; LUFK; MRK; LFUS. (Bearish) GLW. Reference Link
News For BHP;JOY;NUE;CMI;STI;WFC;PNRA;DRI;HD;LOW;AMZN;ROST;VIX;CLF;WES;LGF;LINE;ISRG;LUFK;MRK;LFUS;GLW From The Last 14 Days
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July 16, 2015
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12:18 EDTAMZNAmazon's Prime Day sales exceed Black Friday sales, breaks record
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06:52 EDTISRGIntuitive Surgical July weekly volatility elevated into Q2 and outlook
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July 15, 2015
19:03 EDTGLWOn The Fly: After Hours Movers
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16:51 EDTGLWCorning announces new $2B share repurchase program
Corning announced that its Board of Directors has authorized a new $2B share repurchase program of the company's common stock. The program will expire on December 31, 2016.
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16:21 EDTDRIDarden initiated with a Buy at BTIG
Target $82.
16:20 EDTPNRAPanera Bread initiated with a Neutral at BTIG
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15:27 EDTAMZNAmazon.com says Prime Day peak order rates already exceed 2014 Black Friday
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13:37 EDTAMZNAmazon's 'Prime Day' peak order rates surpass 2014's Black Friday, CNBC says
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13:29 EDTAMZNAmazon users complain about Prime Day troubles, CNBC reports
Amazon's Prime Day, a day full of savings for customers of Amazon's "Prime" status, has received negative feedback from users, who complained that the deals didn't match the hype, CNBC reports. High profile items such as Amazon's Fire TV Stick lasted only a couple of hours before the savings were fully claimed, and the waitlist for the device was filled soon after, leading to many frustrated customers complaining that they were intentionally misled, the report says. The company said it was part of a bigger plan to "stagger the deals to make sure the fun will last through tonight," Bloomberg reports, citing a company spokeswoman. Amazon experience problems dealing with its surge of customers heading to the site in the middle of the day, according to data from Catchpoint Systems. Reference Link
12:02 EDTNUEAllegheny Technologies dives after slashing Q2 outlook, peers follow
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11:00 EDTWFCWells Fargo to host investor meeting
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09:08 EDTAMZNAmazo Studios announces Spike Lee's Chi-Raq as Amazon original movie
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07:36 EDTSTISunTrust July volatility elevated into Q2 and outlook
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06:54 EDTPNRAPanera Bread upgraded to Overweight from Underweight at Piper Jaffray
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05:45 EDTBHPBHP Billiton expects to take $2B writedown on US energy assets
​BHP Billiton expects to recognise an impairment charge of approximately $2B post-tax against the carrying value of its Onshore US assets as an exceptional item in the 2015 financial year results. The gas focused Hawkville field accounts for the substantial majority of this charge reflecting its geological complexity, pproduct mix, acreage relinquishments and amended development plans. The remainder relates to the impairment of goodwill associated with the Petrohawk acquisition. Following this impairment, the Groupís Onshore US business will have net operating assets of approximately $24B. The value of this business is supported by ongoing cost reductions and improving well performance which help offset increased commodity price volatility and lower near term capital expenditure. Consistently positive results from the appraisal and development of the Permian have also unlocked significant value and we now see the ultimate potential of this field at over 150 kboe/d. BHP Billiton plans to invest $1.5B in the Onshore US in the 2016 financial year, which will support a development program of 10 operated rigs. At an oil price of $60 per barrel and a gas price of $3.00 per Mscf, the Group expects its Onshore US business to be free cash flow positive in the 2016 financial year.
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