New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 1, 2012
22:59 EDTVE, FHN, HOG, MGA, JDSU, LGF, EXC, TDC, IPGP, STI, GS, BAC, LIZ, FNSR, WYNN, BGCP, JOY, APOL, CECO, STRA, JPM, GPSJim 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
Check below for free stories on GPS;LIZ;FNSR;WYNN;BGCP;JOY;APOL;CECO;STRA;JPM;BAC;GS;STI;FHN;HOG;MGA;JDSU;LGF;EXC;TDC;IPGP;VE the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | all recent news | >>
August 8, 2014
07:16 EDTWYNNBarclays remains bullish on Macau gaming stocks
Subscribe for More Information
06:30 EDTJPMCitigroup, Accenture employ tech workers in Argentina, Bloomberg says
Subscribe for More Information
05:38 EDTMGAMagna sees FY14 revenue $35.6B-$37.3B, consensus $36.17B
Sees FY14 North American light vehicle production 16.9M units. Sees FY14 European light vehicle production 19.8M units.
05:30 EDTMGAMagna reports Q2 EPS $2.32, consensus $2.22
Subscribe for More Information
August 7, 2014
16:26 EDTLGFLionsgate reports Q1 adjusted EPS 36c, consensus 17c
Subscribe for More Information
16:10 EDTGPSGap pops higher after results, first look
Subscribe for More Information
16:07 EDTGPSGap sees Q2 EPS ex-benefit 68c-69c, consensus 66c
Subscribe for More Information
16:02 EDTGPSGap reports July SSS up 2%
Gap reports comparable sales for July were up 2% versus a 1% increase last year. Comparable sales by global brand for July were as follows: Gap Global negative 2% versus positive 7% last year; Banana Republic Global positive 6% versus negative 1% last year; Old Navy Global positive 3% versus negative 5% last year.
15:33 EDTLGF Notable companies reporting after market close
Subscribe for More Information
15:31 EDTLGFNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include CBS (CBS), consensus 72c; Consolidated Edison (ED), consensus 54c; Monster Beverage (MNST), consensus 75c; News Corporation (NWSA), consensus 3c; NVIDIA (NVDA), consensus 20c; Computer Sciences (CSC), consensus 94c; CareFusion (CFN), consensus 72c;DeVry Education (DV), consensus 67c; Salix Pharmaceuticals (SLXP), consensus $1.72; Federal Realty (FRT), consensus $1.21; SolarCity (SCTY), consensus (99c); Medivation (MDVN), consensus 24c; Sprouts Farmers Market (SFM), consensus 18c; Alnylam Pharmaceuticals (ALNY), consensus (56c); Lions Gate (LGF), consensus 17c; Mercadolibre (MELI), consensus 56c; Post Holdings (POST), consensus 27c; Assured Guaranty (AGO), consensus 35c; Great Plains Energy (GXP), consensus 41c; Air Lease (AL), consensus 52c; Ubiquiti Networks (UBNT), consensus 51c; SemGroup (SEMG), consensus 35c.
10:00 EDTWYNNOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:26 EDTWYNNWynn Resorts upgraded at Craig-Hallum
Subscribe for More Information
08:23 EDTBAC, JPML.A. suit against JPMorgan over mortgage lending dismissed, Reuters reports
Subscribe for More Information
08:05 EDTCECOCareer Education sees 2H University and Culinary Arts enrollment positive
The company expects to be total student enrollment positive year-over-year for its University and Culinary Arts segments during 2H as a result of improving enrollment trends, including increased application volume. Career Education President and CEO Scott Steffey said, “The performance of our colleges, institutions and universities is very much in line with our plans as we move further along in our turnaround strategy and some of the early changes we made to the organization begin to generate results. We are very pleased with our progress. The new student enrollment growth we are experiencing with our universities, the total enrollment growth within culinary arts and the sequential improvement in the rate of decline of total enrollments across the organization is consistent with our 2014 goals and positions us well for 2015. Our cash position and overall liquidity also remain strong.”
08:03 EDTCECOCareer Education reports Q2 new enrollments ex-items up 2.3%
For ongoing operations, which excludes Transitional Schools, new student enrollments increased 2.3% for Q2 compared to the prior year quarter.
08:02 EDTCECOCareer Education reports Q2 continuing ops EPS (53c), consensus (52c)
Reports Q2 revenue $229.3M, consensus $233.64M. For ongoing operations, which excludes Transitional Schools, total student enrollments decreased 4.8% as of June 30, as compared to June 30, 2013.
07:42 EDTWYNNWynn Resorts upgraded to Buy from Hold at Craig-Hallum
Subscribe for More Information
07:15 EDTTDCTeradata backs FY14 EPS $2.85-$3.00, consensus $2.85
Teradata continues to expect FY14 revenue to grow at the lower end of its original 3-7% guidance range, consensus $2.78B. Based on currency rates at the end of July, currency translation is not expected to have a meaningful impact on Teradata's full-year revenue comparison.
07:14 EDTTDCTeradata reports Q2 EPS 72c, consensus 65c
Subscribe for More Information
06:39 EDTGSGoldman lowers legal loss over reserves estimate to $3.2B from $3.7B
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use