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Stock Market & Financial Investment News

News Breaks
March 8, 2012
02:12 EDTCHK, GRPN, RIMM, LULU, CSCO, QCOM, GLW, ABX, IBKR, EOG, CHKM, YELP, AAPL, BHI, CIEN, CY, DE, HES, HEI, GE, IACI, P, DECK, ESV, BRCM, DELL, AVP, GLDJim Cramer's "Mad Money"
Jim Cramer said its still not too late to take some money off the table. He told investors to forget about how the major averages are fairing and instead focus on individual stocks, some of which are doing well while others are imploding. Cramer said that in the markets of old, stocks tended to trade together, but not in today's market. In today's market, companies like Cypress Semiconductor (CY) announced seriously disappointing earnings, while rivals like Qualcomm (QCOM) and Broadcom (BRCM) were both up sharply. In the telco equipment space, shares of Ciena (CIEN) rallied while rival Cisco (CSCO) saw its shares slide south. The oil service sector was also mixed, with Ensco (ESV) heading higher and Baker Hughes (BHI) heading lower. Cramer said this pattern is repeating in sector after sector. The price of oil was up, but oil stocks were down. Gold was up, gold stocks were down. Apparel maker Lululemon Athletica (LULU) rallied, while Deckers Outdoor (DECK), a sector favorite, was down sharply. Cramer said with all this volatility in everything from the rails to the drugs to the industrials, investors need to lighten up on their winners and swap out of their losers. He said all of the major risk factors, including Greece, Iran and China, are still in play. Next, on the heels of the company’s big iPad announcement, Cramer said "It's getting difficult to trade Apple." He said the better strategy, "invest in Apple." Cramer said that many pundits are weighing in on whether Apple (AAPL) is worth owning after the stocks' big run ahead of the announcement. Traditionally, Apple shares have run up ahead of new products, only to sell of afterwards. But Cramer said he's done trying to trade Apple, he'd just rather own it for the long haul. Cramer said the new iPad is making major in-roads in the corporate world as Research In Motion's (RIMM) Blackberry is riding off into the sunset. Cramer said no matter how you look at it, shares of Apple are still cheap and are still worth owning for the long haul.Looking for an Internet stock? Cramer said "forget about the dot-com IPOs" like Pandora (P), Yelp (YELP) and Groupon (GRPN). What investors really need is a seasoned dot-com that's been around the block a few times. Cramer said that IAC Interactive (IACI) is the polar opposite of a stock like Yelp. This company has no hype, but a ton of earnings and a share huge buyback program. EXECUTIVE DECISION: Cramer sat down with Mike Stice, president and CEO of Chesapeake Midstream Partners (CHKM), a natural gas gathering master limited partnership with a 12% growth rate and a juicy 5.4% dividend yield. Stice started off by saying that he's encouraged by the Obama administration's recent support for natural gas vehicles. He was also equally excited about a recently announced partnership between Chesapeake Energy (CHK) and General Electric (GE) to offer home fueling stations for natural cars. Cramer said that Chesapeake Midstream is one of only a few companies that offer growth plus yield. LIGHTNING ROUND: (Bullish) EOG; GLD; HEI; IBKR. (Bearish) AVP; HES; ABX; DELL; DE; GLW.
News For CY;QCOM;BRCM;CIEN;CSCO;ESV;BHI;LULU;DECK;AAPL;RIMM;P;YELP;GRPN;IACI;CHKM;CHK;GE;EOG;GLD;HEI;IBKR;AVP;HES;ABX;DELL;DE;GLW From The Last 14 Days
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November 10, 2014
13:00 EDTHESHess Corp. increases five-year production growth rate forecast
Hess Corporation will review its growth strategy and provide a detailed update on its portfolio at an Investor Day in Houston. CEO John Hess, COO Greg Hill and other members of the leadership team will outline plans and targets that underpin the company’s strategy and commitment to deliver value to shareholders. The company is increasing its five-year production growth rate forecast to 6%-10% compounded annually from 2013 through 2018 between $90 and $100 Brent. With the success of its 2014 downspacing pilots confirmed, the company is increasing its Bakken net peak production guidance to approximately 175,000 barrels of oil equivalent per day by 2020; adding an additional 1,000 well locations to a total of more than 4,000; and increasing its net estimated ultimate recovery to more than 1.4 BBOE. Utica’s net peak production is forecast to reach approximately 40,000 BOEPD by 2020, with approximately 500 well locations and a net EUR of more than 300 MMBOE. This is the first time the company is providing guidance for this asset. Significant production growth and free cash generation are forecast from Hess’ offshore assets, particularly in the deepwater Gulf of Mexico with the Stampede field sanctioned in October for first oil in 2018 and production startup underway at Tubular Bells.
12:42 EDTAAPLFireEye details hack attack found on Apple operating system
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12:39 EDTAAPLFireEye has uncovered iOS flaw that leaves devices vulnerable, CNBC reports
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12:36 EDTGLWCorning upgraded to Buy from Hold at Standpoint Research
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12:07 EDTDEUSDA lowers corn production forecast by 68M bushels
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09:46 EDTLULUBB&T remains positive on lululemon following channel checks
BB&T said it remains positive on lululemon following recent channel checks. The firm continues to expect lululemon's results to improve as the company improved product assortment and laps 2013 PR stumbles. BB&T views the hire of Duke Stump as EVP of Community and Brand as a a positive and views the controversy over the donation to the Dalai Lama Center as overblown. Shares are Buy rated with a $50 price target.
09:35 EDTAAPLActive equity options trading
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08:22 EDTCSCONetwork equipment makers slip after AT&T projects lower 2015 capital spending
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08:12 EDTCIENAT&T 2015 capex reduction negative for select stocks, says JPMorgan
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07:34 EDTAAPLApple Pay seen making up 1% of Whole Foods transactions since launch, Dudas says
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07:23 EDTP, CY, YELPRBC Capital to hold a conference
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07:22 EDTLULUU.S. Retail Softlines sector downgraded to Negative at Barclays
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07:12 EDTCSCOCA Technologies to hold a conference
CA World 2014 is being held in Las Vegas on November 9-12.
06:30 EDTGEGlobal LED lighting market ste to rach $25.7B in 2014, DigiTimes says
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06:28 EDTQCOMReport: TSMC may buy Qualcomm Taiwan factory, DigiTimes says
TSMC (TSM) is considering an acquisition of Qualcomm's (QCOM) Taiwan factory to expand its packaging and test business, reports DigiTimes. Citing a Chinese-language Economic Daily News report, the Qualcomm factory will be acquired for several billion NT dollars. Reference Link
06:27 EDTAAPLGT Advanced accuses Apple of 'bait-and-switch' in unsealed documents, WSJ says
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06:00 EDTAAPLApple implied volatility of 19 at lower end of index mean range
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05:58 EDTCHKStocks with implied volatility below IV index mean; CHK NFLX
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05:51 EDTGLDSPDR Gold Trust overall implied volatility at 19; 26-week average is 16
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05:48 EDTLULUU.S. Retail Softlines industry cut to Negative at Barclays
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