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Stock Market & Financial Investment News

News Breaks
April 2, 2012
21:30 EDTGOOG, MGA, IMAX, ARLP, TWI, CERN, AVP, HAIN, MDRX, CSCO, APC, RHT, BNNY, SHLDJim Cramer's "Mad Money"
Jim Cramer said in 2012 the U.S. markets are behind the wheel and it's Europe that's alone in the back seat. He said it was strong U.S. economic data Monday that set the tone for the markets. And with the U.S. economy taking center stage, that bodes well for U.S stocks, including retail, housing, technology, autos and restaurants, he concluded. Only the commodity related stocks, like mining and minerals, along with copper and metals, will hinge on news from China, said Cramer. IPOs: Cramer explained that sometimes, an IPO's high share price is actually warranted. He often highlights deals that are good investments only if investors can get in on the IPO shares themselves. Cramer always recommends selling those same shares immediately after they pop on their first day of trading. Such was the case with Annie's (BNNY), the makers of healthy, organic foods that came public last Wednesday. Cramer said he initially panned the IPO, giving his usual "take the money and run" advice. But after taking some time to analyze the company, he said that Annie's is one of only a few companies actually worth holding for the long run. Investors should think of the company as a younger sibling to Hain Celestial (HAIN). Hain trades at 25x earnings with a 13% growth rate, but Annie's is trading at just 23x earnings, despite it's likely to be growing around 22% if it follows last year's trends. Even at its current levels around $34 a share, Annie's is still inexpensive if it can maintain its growth targets. EXECUTIVE DECISION: Cramer sat down with Richard Gelfond, CEO of big-screen theater purveyor IMAX (IMAX), a company Cramer said may finally be poised for substantial growth. Gelfond said that IMAX has been growing 30% a year for the past three years and now has a backlog of 250 theaters. He called the company's recent growth "meteoric," noting that IMAX only has 225 theaters in China, a country with enormous growth potential. Cramer is a fan of IMAX, especially given the company's growth prospects and the fact that its earnings are no longer dependent on Hollywood's next blockbuster release. Cramer also spoke with Jim Whitehurst, president and CEO of Red Hat (RHT), the software maker that saw its shares jump 20% when it reported a surprise 31% increase in its billings. Shares of Red Hat are now up 47% so far this year and 56% since Cramer last spoke with Whitehurst last October. Whitehurst explained the 20% jump in Red Hat shares by saying that Wall Street analysts continue to underestimate the company's business model. Cramer said while shares of Red Hat are red hot at the moment, someday soon there will be a big down day in the markets, which will create the perfect time to buy in. NO HUDDLE OFFENSE: Cramer opined on Avon Products' (AVP) decision to decline a takeover bid that valued the company 20% higher than where it was currently trading. Cramer said Avon was right to decline the deal, as it merely valued the company to where it should have been had the Avon's board of directors given former-CEO Andrea Jung the boot years ago instead of only in last December. He said that under new management, Avon should be able to reclaim a lot of its lost value and may someday be strong enough to buy its proposed suitor, instead of the other way around. LIGHTNING ROUND: (Bullish) MGA; APC; CERN; GOOG; CSCO. (Bearish) TWI; SHLD; MDRX; ARLP. Reference Link
News For BNNY;HAIN;IMAX;RHT;AVP;MGA;APC;CERN;GOOG;CSCO;TWI;SHLD;MDRX;ARLP From The Last 14 Days
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August 24, 2015
09:45 EDTMDRXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Bank of America (BAC) upgraded to Outperform from Market Perform at Keefe Bruyette... Bristol-Myers (BMY) upgraded to Neutral from Underweight at Piper Jaffray... Chevron (CVX) upgraded to Neutral from Underperform at BofA/Merrill... Abercrombie & Fitch (ANF) upgraded to Overweight from Neutral... Nike (NKE) upgraded to Outperform from Market Perform at Telsey Advisory... DreamWorks (DWA) upgraded to Buy from Neutral at B. Riley... Caesarstone (CSTE) upgraded to Overweight from Equal Weight at Barclays... TransAlta (TAC) upgraded to Outperform from Market Perform at BMO Capital... Sarepta (SRPT) upgraded to Overweight from Neutral at Piper Jaffray... AutoZone (AZO) upgraded to Buy from Neutral at BofA/Merrill... Royal Dutch Shell (RDS.A) upgraded to Buy from Hold at Jefferies... Allscripts (MDRX) upgraded to Buy from Hold at Argus... China Unicom (CHU) upgraded to Buy from Hold at Jefferies... Ross Stores (ROST) upgraded to Buy from Neutral at Buckingham.
08:17 EDTMDRXAllscripts upgraded on new order growth, valuation at Argus
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07:42 EDTCERNCerner should be bought with valuation at multi-year low, says Piper Jaffray
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07:37 EDTMDRXAllscripts upgraded to Buy from Hold at Argus
06:45 EDTGOOGMost of Google Now dev team left company before I/O conference, Re/code says
Most of the original team that built Google Now have departed, many of them before the I/O developer conference, Re/code reports, citing multiple sources. Many had grown frustrated with that the products was shuttered into search inside of Google, the report says. Reference Link
06:34 EDTGOOGIntel leads $100M funding round for Mirantis, WSJ reports
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06:27 EDTGOOGRoku tops Google in streaming media device sales, Parks Associates says
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05:57 EDTGOOGStocks with implied volatility below IV index mean; BIDU GOOG
Stocks with implied volatility below IV index mean; Baidu (BIDU) 41, Google (GOOG) 31 according to iVolatility.
August 23, 2015
16:57 EDTGOOGGoogle Express workers join Teamsters union in face of 'constant harassment'
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August 21, 2015
17:40 EDTGOOGEU intensifies Google antitrust investigation, WSJ reports
The European Union is deepening its probe into allegations that Google abuses its dominance in advertising contracts with website operators and copies content from its competitors, the Wall Street Journal reports. Reference Link
13:50 EDTGOOGOn The Fly: Weekly technical notes, Gold, S&P 500, Germany, China, Energy
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13:38 EDTGOOGGoogle says brings tweets to mobile Google search app, desktop
In May, Google announced that it was bringing Tweets to Google Search on mobile devices. The company today updated the blog entry to say that it has "extended this to the desktop now, too, and in English everywhere." Reference Link
12:22 EDTAPCChanos say still short Exploration & Production space
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12:13 EDTCSCOBrocade soars after Q3 results top estimates
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11:12 EDTGOOGQualcomm reportedly to enter consumer drone market
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10:34 EDTGOOGSamsung working on Android tablet with 18.4-inch display, Sam Mobile reports
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08:11 EDTGOOGDaimler AG could collaborate with Google, Apple, Reuters says
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06:18 EDTGOOGGoogle's Brin says life sciences group to become standalone company
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06:01 EDTGOOGABI Research: Portable PC sales to remain flat in 2015, DigiTimes says
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05:55 EDTGOOGGoogle building EUR150M data center in West Dublin, Independent.ie reports
Google is investing EUR150M to build a new data center in West Dublin, Ireland, Independent.ie reports. The first construction phase, which will create 400 jobs, is expected to be completed later this year. Reference Link
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