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March 26, 2012
23:33 EDTFRO, ALLT, VHC, WY, BATS, JDSU, NAT, ET, AIG, F, RIO, CMI, VALE, JAHJim 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
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November 23, 2015
07:18 EDTJAHJarden should be bought on recent weakness, says RBC Capital
After viewing a presentation by Jarden's management, RBC Capital thinks the company's organic revenue growth remains on track to accelerate this quarter. The firm continues to believe that the company's fiscal 2016 EPS guidance is conservative, partly due to the impact of cost cutting at the company's Brazil unit. The firm keeps a $60 price target and Outperform rating on the name.
November 22, 2015
18:32 EDTFUAW union members ratify Ford agreement
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November 20, 2015
06:15 EDTVALEVale to close Manitoba nickel and smelting operations in 2018, Reuters reports
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November 19, 2015
08:32 EDTFFord to hold a discussion
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06:40 EDTVALEBHP Billiton backs dividend policy amid profit slump, CNBC reports
BHP Billiton (BHP) defended its dividend policy amid a drop in share prices and profits slump this year as well as weak China growth and a recent mine disaster in Brazil, CNBC reports. BHP chairman Jacques Nasser said at the company's annual meeting that the dividend policy is the result of "appropriate capital management," the report says. In addition, the company said it and joint venture partner Vale (VALE) will be commissioning an external probe of the Samarco dam spill, the report says. Reference Link
06:11 EDTFFord-UAW contract headed for rejection, Reuters says
A proposed four-year labor deal between Ford and the United Auto Workers union seems headed for rejection after Chicago plant workers voted against the deal by a margin of over 2-to-1, Reuters reports. UAW leaders warned other members that rejecting the contract could jeopardize investments that would maintain U.S. factory jobs and believe that the proposed pact with Ford would be the richest in history, the report says. Reference Link
November 18, 2015
16:01 EDTFOptions Update; November 18, 2015
iPath S&P 500 VIX Short-Term Futures down 1.39 to 19.44. Option volume leaders: AAPL NBG TGT NFLX F FB QCOM SUNE GPRO MSFT
15:24 EDTAIGIcahn says had 'constructive' meeting with AIG CEO last week, Reuters reports
Carl Icahn says still long AIG, reiterates call for break-up, Reuters reports, citing comments made by the investor at the news service's summit.
06:50 EDTAIGAIG CEO opposes split but open to divestitures, WSJ says
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November 17, 2015
08:00 EDTFFord says launching new Escape
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06:17 EDTVALEBHP Billiton reviewing all dams worldwide, U.K. Times reports
BHP Billiton (BHP) CEO Andrew Mackenzie told analysts and investors at the company's annual general meeting that the company is reviewing all of its dams worldwide after the Samarco mudslide in Brazil killed at least nine people, The U.K. Times reports. Mackenzie also said BHP is considering moving away from the arrangement under which mines that it partly owns are managed by committee rather than by a single operator; the Samarco mine is half run by BHP, with the remainder owned by Vale (VALE). Reference Link
November 16, 2015
18:50 EDTVALESamarco to set aside $262M for initial costs after Brazil dam breach, WSJ says
Samarco, a joint venture of Vale (VALE) and BHP Billiton (BHP), reached an agreement with Brazilian prosecutors to establish an initial $262M cleanup fund related to two dam breaches at its iron-ore mines in Minas Gerais state, reports the Wall Street Journal. Reference Link
18:03 EDTAIGAIG amends by-laws to implement proxy access
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17:16 EDTAIGIcahn liquidated eBay stake, took Paypal stake
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13:26 EDTVALEVale: It will take 'years' for Rio Doce river to recover, Reuters reports
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12:56 EDTFFord faces trial over allegedly exaggerated MPG estimates, Bloomberg says
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08:59 EDTWYPlum Creek Timber price target raised to $58 from $46 at DA Davidson
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08:20 EDTFFord sold remaining interest in Mazda, Nikkei reports
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06:46 EDTRIORio Tinto CEO: 'Unfazed" by pessimism around China growth, Bloomberg says
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November 15, 2015
13:45 EDTWYWeyerhaeuser shares could return 40% in a year, Barron's says
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