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Stock Market & Financial Investment News

News Breaks
March 26, 2012
23:33 EDTJDSU, NAT, ET, AIG, F, RIO, CMI, VALE, JAH, FRO, ALLT, VHC, WY, BATSJim Cramer's "Mad Money"
Jim Cramer argued investors who are overly cautious about the markets aren't bringing their "A" game. He said the market's current rally is broad-based, and it's lasted for weeks. And that, he said, make it prudent not to be scared and to embrace the move. But Cramer finds himself alone in championing the stock market. The president isn't promoting stocks because of high unemployment, despite the fact that stocks are up 58% since he first took office. The Federal Reserve is also cautious and continues to be downbeat on the U.S. economy. Even the brokerages are laying low, noted Cramer. Despite countless calls that earnings estimates are too low for numerous companies, analysts are afraid to upgrade their estimates or to promote stocks in any big way. Corporate executives are fearful of setting expectations too high, even though the Q1 of 2012 is proving to be a blockbuster for many companies, Cramer says. Cramer said he stands alone, telling investors that this rally is for real and now is not the time to step away. Instead he said it's the time to buy into some great companies that are still trading far too cheaply. EXECUTIVE DECISION: Cramer once again sat down with Martin Franklin, the executive chairman of Jarden (JAH), the largest sporting goods company on earth, as well as being a major player in small appliances. Jarden recently conducted a massive stock repurchase program, reducing its overall share count by 13%. Franklin said he's comfortable with Wall Street forecasts for Jarden. Franklin reiterated that diversification is a major strength for Jarden. He was equally bullish on Jarden's technical apparel segment, another aspect of the company that's growing in the double-digits, but still has lots of room to grow. Cramer said that normally he's not a fan of buybacks, but in the case of Jarden, where share prices are rocketing higher, he's willing to make an exception. Cramer also sat down with Bob Benmosche, president and CEO of American International Group (AIG), a company that turned a corner in August, 2009 and has now become one of the greatest turnaround stories, thanks to excellent management, Cramer contends. He told investors to stick with the company. MAD TWEETS: Cramer said that Weyerhaeuser (WY) is still a play on Japanese reconstruction. Cramer said Ford (F) is not a good investment with gas prices going higher and sales still slumping in Europe and Latin America. He said Ford is not the best way to play the 2012 bull market. NO HUDDLE OFFENSE: Cramer said the BATS Global Markets (BATS) fiasco last week exemplifies how electronic trading is fundamentally flawed. He called BATS' claim that it "helps the little guy" totally bogus, noting that high-speed electronic trading actually sucks liquidity out of the markets instead of adding to it. Cramer added that the SEC has clearly lost regulatory control of the markets and is no longer enforcing its mandate of leveling the playing field for all investors. LIGHTNING ROUND: (Bullish) VALE; ET; VHC; CMI; NAT; ALLT. (Bearish) RIO; JDSU; FRO. Reference Link
News For JAH;AIG;WY;VALE;ET;VHC;CMI;NAT;ALLT;RIO;JDSU;FRO;F;BATS From The Last 14 Days
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December 12, 2014
08:09 EDTAIGBofA/Merrill financial analysts hold an analyst/industry conference call
Banks Analyst Najarian, along with Capital Markets Analyst Carrier, Specialty Finance Analyst Bruce discuss the year ahead in Financials, covering the Banks, Capital Markets, Life and P/C Insurance, REIT, Specialty Finance and Canadian Banks/Life Insurance sectors on an Analyst/Industry conference call to be held on December 16 at 10 am.
December 11, 2014
15:56 EDTFAutomaker lending arms probed by NYDFS, NY Post reports
The New York Department of Financial Services has subpoenaed the financing arms of Ford (F), Honda (HMC), Hyundai, Nissan (NSANY) and Volkswagen (VLKAY), as well as Banco Santander (SAN) and TD Bank (TD), said the New York Post, citing a source familiar with the investigation. Reference Link
13:19 EDTFMicrosoft dropped by Ford for in-car sync system, Re/code reports
Ford's (F) Sync 3 in-car entertainment and mapping system will use a version of BlackBerry's (BBRY) QNX operating system, replacing Microsoft (MSFT) technology that had been used in the prior two versions, Re/code reports. The QNX-powered system adds more features, including a capacitive touch screen and the ability to get software updates over Wi-Fi. Ford said in a statement that its "hardware and software decisions were based on identifying the technology that would best meet the expectations for performance by our customers." Reference Link
11:42 EDTFStocks with call strike movement; DOW F
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10:13 EDTJAHOn The Fly: Analyst Initiation Summary
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07:49 EDTJAHJarden initiated with a Strong Buy at Raymond James
Target $53.
December 10, 2014
10:00 EDTALLTOn The Fly: Analyst Downgrade Summary
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09:23 EDTALLTOn The Fly: Pre-market Movers
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08:07 EDTALLTAllot Communications downgraded at BofA/Merrill
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06:51 EDTALLTAllot Communications downgraded to Underperform from Buy at BofA/Merrill
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06:24 EDTNATNordic American Tankers increases ownership of Nordic American Offshore
NAT has increased ownership in NAO to 19.2% the first two days of this week from 18.0% in December 1. The recent aggregate NAT purchase of 488,216 shares in NAO amounts to an investment of $5.8M. The shares were bought at prices ranging from $12.89 to $10.39 per share. NAO has 23,431,370 shares in issue. Nordic American Offshore Ltd. is a separate and independent company of NAT. A subsidiary of NAT is the business manager of NAO as it is for NAT.
December 9, 2014
14:57 EDTJDSUTelecom equipment stocks rally after Verizon CFO comments on wireless CapEx
Telecom equipment stocks, which opened lower, rallied after Verizon (VZ) CFO Fran Shammo said he sees wireless CapEx continuing to trend upward. Shammo, speaking at the UBS 42nd Annual Global Media And Communications Conference, said, "The day we start to cut wireless CapEx is the day we start to wonder where the future of this industry is going." Ciena (CIEN), JDSU (JDSU), and Finisar (FNSR) all reversed earlier losses. PRICE ACTION: In afternoon trading, Ciena is up 1.5%, JDS Uniphase is up 3.8%, and Finisar is up 4.5%. Verizon, which was downgraded this morning to Neutral from Buy by RW Baird, is trading down almost 5%.
09:17 EDTFTeleTech to expand in China through Percepta joint venture
TeleTech Holdings (TTEC) announced plans to expand in China through Percepta, a global joint venture with Ford Motor (F). Providing service and support through all stages of the customer lifecycle, Percepta operates customer contact centers on five continents specifically for the automotive industry.
07:37 EDTFUBS to hold a conference
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06:39 EDTWYNorbord, Ainsworth merger positive for Weyerhaeuser, says Citigroup
Citigroup views yesterday's merger announcement from Norbord and Ainsworth Lumber as positive for Weyerhaeuser (WY) and the oriented strand board market. Citi expects positive OSB earnings momentum for Weyerhaeuser as prices rebound in 2015-2016. Shares were up 58c yesterday to $36.11. Shares of Louisiana-Pacific (LPX), which attempted to acquire Ainsworth in 2013, rallied $1.33 to $16.83.
06:09 EDTNATNordic American Tankers signs agreement to order two $65M Suezmax tankers
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December 8, 2014
11:10 EDTFVolkswagen sees challenging developments continuing for rest of year
Volkswagen (VLKAY) said, “The challenging developments on markets worldwide – above all in Eastern Europe and South America – will continue for the remainder of this year. The Volkswagen Passenger Cars brand handled these challenges successfully during the course of the year, but was not entirely immune to their impact.” Other publicly traded companies in the passenger automotive space include Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), and Toyota (TM).
08:07 EDTFFord management to meet with UBS
Meeting to be held in Boston on December 8 hosted by UBS.
December 5, 2014
06:53 EDTFFord's China sales rose 2% in November, Reuters says
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06:44 EDTWYWeyerhaeuser to host investor meeting
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