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Stock Market & Financial Investment News

News Breaks
March 1, 2012
22:59 EDTEXC, MGA, IPGP, LGF, HOG, TDC, JDSU, FHN, VE, STI, JPM, APOL, WYNN, GPS, GS, STRA, JOY, FNSR, BAC, CECO, BGCP, LIZJim Cramer's "Mad Money"
Jim Cramer said the reactions to news of individual stocks is what defines a market. Back in 2011, good news didn't matter and stocks sank lower no matter how good the news. In today's market however, all of that has changed. Cramer cited Gap Stores (GPS), which reported a big turn in same-tore sales. That news sent the stock up big, even though it had already run up in anticipation of the release. Even a company like Liz Claiborne (LIZ), which reported a miss on both earnings and revenues, still saw its shares rise. Finisar (FNSR) rebounded after offering investors a bleak outlook to finish in the bull camp by the end of the day. Investors used the momentary weakness in Wynn Resorts (WYNN) as a buying opportunity, sending those shares up 3% by the close. While some skeptics cite multiple expansion as evidence of a bubble in the markets, Cramer said that multiple expansion based on positive news and rising earnings is not a bubble, it's the fuel for a sustainable rally. EXECUTIVE DECISION: Cramer once again welcomed Mike Sutherlin, president and CEO of mining equipment maker Joy Global (JOY), a stock that's returned an impressive 400% gain since Cramer first recommended it in March 2009. Cramer said that Joy Global's earnings aren't about slowing U.S. demand for coal, but rather the insatiable appetite for coal in the rest of the world. He remained bullish on the stock. Cramer also sat down with Howard Lutnick, chairman and CEO of BGC Partners (BGCP), a speculative $7 financial stock that offers a hefty 9.7% dividend yield. Cramer said he's a fan of the BGC model and would be a buyer of this little known stock. SELL BLOCK: Cramer put the entire for-profit education sector into solitary confinement. He explained that fellow CNBC colleague Herb Greenberg raised concerns that the entire business model of for-profit colleges like Apollo Group (APOL), Career Education (CECO) and Strayer Education (STRA) may indeed be broken, prompting a "major reset" of stock prices across the board. After doing additional research, Cramer said his conclusions confirmed Greenberg's fears. He sees three major headwinds for the group: the labor market is getting better; the competitive landscape is getting a lot tougher with aggressive sale tactics and limited benefits. The risks far outweigh the potential rewards, Cramer concluded. NO HUDDLE OFFENSE: Cramer said it's time to stop selling the banks, as there might finally be some hope on the horizon for this beleaguered sector. Cramer said he saw a number of positive things happen in the banking group Thursday, causing the sector to show some real firepower for the first time in many years. JPMorgan (JPM) received an upgrade thanks to the company controlling expenses. Bank of America (BAC) announced some new fees for customers and didn't immediately receive national outrage. And, Goldman Sachs (GS) received notice of a civil investigation and instead of the stock plummeting, it actually rallied. Couple these three data points to improving commercial loan growth and some positive housing data and Cramer said even the regional banks like SunTrust Bank (STI) and First Horizon (FHN), become attractive. LIGHTNING ROUND: (Bullish) HOG; MGA; JDSU; LGF; EXC; TDC. (Bearish) IPGP; VE. Reference Link
News For GPS;LIZ;FNSR;WYNN;BGCP;JOY;APOL;CECO;STRA;JPM;BAC;GS;STI;FHN;HOG;MGA;JDSU;LGF;EXC;TDC;IPGP;VE From The Last 14 Days
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July 21, 2015
07:13 EDTGSGoldman Sachs applies to own, trade Saudi stocks, Bloomberg reports
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07:08 EDTHOGHarley-Davidson sold 88,931 new motorcycles in Q2
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07:08 EDTHOGHarley-Davidson: Q2 results in line following currency pressures
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07:07 EDTHOGHarley-Davidson expects to ship 54K-59K motorcycles in Q3
In the third quarter, the company expects to ship 54,000 to 59,000 motorcycles compared to 50,670 motorcycles shipped in the year-ago period.
07:07 EDTHOGHarley-Davidson expects to ship 276K-281K motorcycles in 2015
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07:05 EDTHOGHarley-Davidson reports Q2 EPS $1.44, consensus $1.39
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06:07 EDTGPSONUG: Yahoo hires VP of global network from Symantec
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July 20, 2015
16:01 EDTBACOptions Update; July 20, 2015
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15:01 EDTHOGNotable companies reporting before tomorrow's open
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14:40 EDTHOGHarley-Davidson technical comments before earnings
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13:03 EDTGS, JPM, BACFed proposes final rule on capital surcharges for largest U.S. banks
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12:45 EDTHOGEarnings Watch: Analysts split on Harley-Davidson ahead of report
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10:50 EDTHOGHarley-Davidson August volatility increases into Q2 and outlook
Harley-Davidson August call option implied volatility is at 40, November is at 30; compared to its 52-week range of 17 to 39, suggesting large near term price movement into the expected release of Q2 results on July 21.
10:00 EDTSTI, FHNOn The Fly: Analyst Downgrade Summary
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09:34 EDTBACActive equity options trading on open
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09:08 EDTBGCPThe Melting Pot partners with Newmark Grubb Knight Frank
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07:43 EDTFHNFirst Horizon downgraded to Equal Weight at Stephens
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07:36 EDTFHNFirst Horizon downgraded to Equal Weight from Overweight at Stephens
07:16 EDTJPMJPMorgan boosts Spanish bond holdings amid Greek deal, Bloomberg says
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06:26 EDTSTISunTrust downgraded to Market Perform from Outperform at BMO Capital
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