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Stock Market & Financial Investment News

News Breaks
March 1, 2012
22:59 EDTIPGP, LGF, HOG, TDC, JDSU, FHN, VE, EXC, MGA, 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
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.
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April 8, 2014
11:00 EDTAPOLOptions with decreasing implied volatility: APOL KMX EPB
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07:28 EDTJPM, EXCSecurity Innovation Network to hold a forum
IT Security Entrepreneurs Forum: ITSEF 2014 is being held in Mountain View, California on April 8-9.
07:26 EDTJPMElsevier Business Intelligence to hold a conference
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07:20 EDTHOGIndian impact on Harley-Davidson may be bigger than expected, says UBS
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06:46 EDTGSGoldman expects Orban risk as Hungary bonds suffer, Bloomberg says
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April 7, 2014
19:57 EDTJPM, BAC, GSFederal Reserve announces extension on some CLOs
The Federal Reserve Board announced that it intends to exercise its authority to give banking entities two additional one-year extensions to conform their ownership interests in and sponsorship of certain collateralized loan obligations, or CLOs, covered by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly referred to as the Volcker rule. Section 619 of the Dodd-Frank Act directed the board to adopt rules for the conformance period and the board previously extended the conformance period for all activities and investments by one year to July 21, 2015. To ensure effective compliance, the board intends to grant banking entities two additional one-year extensions, which together would extend until July 21, 2017, to conform their ownership interests in and sponsorship of CLOs to the statute. Publicly traded companies that may be impacted by the announcement include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
15:06 EDTEXCExelon unit starts construction on nearly 1 MW solar project
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11:15 EDTAPOL Options with decreasing implied volatility: MNKD GALT DLLR APOL
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11:05 EDTEXC High option volume stocks: EXC QCOR SQQQ GNK PPG
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09:03 EDTMGAMagna expands Dortec manufacturing facility
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08:56 EDTJPMJPMorgan, U.K.'S DFID, CDC to invest $20M combined in Novastar Ventures
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06:28 EDTGSGoldman sees opportunity to slice China junk debt after gains, Bloomberg says
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April 4, 2014
16:00 EDTBACOptions Update; April 4, 2014
iPath S&P 500 VIX Short-Term Futures up 89c to 41.88. Option volume leaders: AAPL C P NFLX LNG BAC INTC TSLA TWTR according to Track Data.
12:16 EDTGSGoldman CEO Blankfein awarded raise for 2013, WSJ says
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11:16 EDTAPOLOptions with decreasing implied volatility: MNKD GALT CYTK DLLR APOL
10:02 EDTJPMOn The Fly: Analyst Upgrade Summary
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07:27 EDTGSMorgan Stanley pushes back at HFT accusations, FT says
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07:20 EDTJPMJP Morgan April volatility up into Q1 and outlook for capital return
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06:42 EDTJPMJPMorgan selling part of retirement business to Great-West, WSJ reports
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06:36 EDTJPMJPMorgan upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded JPMorgan to Outperform from Neutral based on relative valuation, improving U.S. and European economies, improving business mix and potential for increased buybacks. Price target raised to $68 from $62.
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