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Stock Market & Financial Investment News

News Breaks
March 26, 2012
23:33 EDTF, RIO, CMI, VALE, JAH, FRO, ALLT, VHC, WY, BATS, JDSU, NAT, ET, AIGJim 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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July 27, 2015
07:16 EDTJAHJarden removed from Franchise Picks list at Jefferies
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05:29 EDTNATNordic American Tankers acquires two modern Suezmax tankers for $122M
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July 24, 2015
17:33 EDTJDSUS&P announces changes to S&P 400, 500, and 600 indices
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17:22 EDTJDSUJDSU to replace Susquehanna in S&P 600 as of 7/31 close
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17:22 EDTJDSUCatalent to replace JDSU in S&P 400 as of 7/31 close
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07:32 EDTFCiti sees 'plenty of reasons' to buy General Motors
Citi analyst Itay Michaeli sees "plenty of reasons" to buy shares of General Motors (GM) ahead the Q2 results and reiterates a Buy rating on the name. Strong results e could serve as a turning point for investor sentiment, Michaeli tells investors in a research note. He continues to expect GM shares will trade at a premium to Ford (F) by the end of 2015. The analyst reiterates a Buy rating on the stock with a $50 price target.
July 23, 2015
09:20 EDTCMICaterpillar demand trends appear negative for Cummins, Terex, says Wells Fargo
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07:19 EDTFFord July weekly volatility elevated into Q2 and outlook
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06:19 EDTFUAW concerned over auto production moving to Mexico, NYT says
The greatest concern for the United Automobile Workers, or UAW, union as it enters discussions on new contracts with Detroit auto makers Fiat Chrysler (FCAU), Ford (F), and General Motors (GM) is losing vehicle production to lower-wage countries such as Mexico, the New York Times reports. Union president Dennis Williams was upset over comments last week that suggested that Ford was considering sending work to Mexico in an effort to cut costs, the report says. "I will save my comments on Ford for when we open up negotiations,” Mr. Williams said. “But it is always concerning to me when any company invests outside the United States.” Reference Link
July 22, 2015
15:02 EDTFOptions Update; July 22, 2015
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13:31 EDTCMIEarnings Watch: Wells Fargo says Caterpillar revenue consensus likely too high
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10:37 EDTCMICaterpillar June data suggests consensus revenue view too high, says Wells Fargo
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08:54 EDTFFord recalling 8,000 vehicles in North America for issue with parking brake
Ford said it is issuing a safety compliance recall for approximately 8,000 vehicles in North America, including certain 2015-2016 Ford Explorer, and certain 2015 Taurus and Flex, as well as Lincoln MKS and MKT vehicles for an issue with the parking brake. In these vehicles, the parking brake might not engage fully, which is a compliance issue with FMVSS 135 regarding brake systems. Ford is not aware of any accidents or injuries associated with this issue. Affected vehicles include certain 2015-2016 Ford Explorer vehicles built at Chicago Assembly Plant, May 4, 2015 through May 23, 2015; certain 2015 Ford Taurus vehicles built at Chicago Assembly Plant, May 4, 2015 through May 23, 2015; certain 2015 Ford Flex vehicles built at Oakville Assembly Plant, May 4, 2015 through May 23, 2015; certain 2015 Lincoln MKS vehicles built at Chicago Assembly Plant, May 4, 2015 through May 23, 2015; and certain Lincoln MKT vehicles built at Oakville Assembly Plant, May 4, 2015 through May 21, 2015. There are 7,165 vehicles in the United States and federalized territories, 799 in Canada and one in Mexico.
07:18 EDTFAir bag aging poses threat to millions of U.S. drivers, NBC News reports
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July 21, 2015
11:05 EDTFAfter Jeep hacked, analyst predicts cybersecurity boosts for Harman, Delphi
After Jeep hacked, analyst predicts cybersecurity boosts for Harman, Delphi The shares of Harman (HAR) and Delphi Automotive (DLPH) are rising after Wells Fargo predicted that the companies would benefit from the increasing need to protect cars from cybersecurity attacks after Wired reported on hackers discovering methods that can be used to take control of vehicles. BACKGROUND: Two computer hacking researchers showed that they could seize control of a Jeep Cherokee, made by Fiat Chrysler (FCAU), using a technique called a zero-day exploit, Wired reported today. Using the same technique, the hackers can control "any of thousands of vehicles," the website reported. In the past, they have demonstrated how they were able to take control of a Ford (F) Escape and Toyota (TM) Prius, according to Wired. The hackers' technique involves taking control of vehicles' entertainment systems and sending commands to the vehicles' dashboard functions, steering, brakes, and transmission through their those systems, the website stated. ANALYST REACTION: In a note to investors today, Wells Fargo analyst David Lim responded to Wired's article by saying that cybersecurity has become a significant concern for automakers. Automotive technology suppliers such as Harman (HAR) and Delphi (DLPH) should benefit from auto makers' efforts to protect their vehicles from cyberattacks, Kwas believes. He reiterated Outperform ratings on Harman and Delphi. PRICE ACTION: In morning trading, Harman climbed about 2% to $108 and Delphi rose fractionally to $78.15. This version of the story replaces an earlier one to correct the lead analyst to David Lim.
10:01 EDTJAHOn The Fly: Analyst Initiation Summary
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09:40 EDTFJeep Cherokee can be hacked via entertainment system, Wired reports
Hackers Charlie Miller and Chris Valasek demonstrated to Wired how Jeep Cherokees can be hacked via the vehicle’s entertainment system, giving an attacker wireless control of the automobile and its systems. Miller and Valasek previously demonstrated hacks they were able to perpetrate against Ford (F) Escape and Toyota (TM) Prius vehicles, the report noted. Other publicly traded automakers include General Motors (GM), Honda (HMC), Nissan (NSANY) and Volkswagen (VLKAY). Reference Link
06:13 EDTFFord to launch luxury pickup truck, Reuters reports
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July 20, 2015
16:35 EDTJAHJarden initiated with a Buy at Sterne Agee CRT
Target $61.
12:16 EDTFHERE offering free HD map data for automated vehicle tests
HERE, a Nokia (NOK) company, announced it is making high-definition mapping data of sections of public roads in four countries available to all automotive companies to support their highly automated vehicle initiatives. HERE is offering HD mapping data of specific stretches of open road in Silicon Valley and Michigan in the United States, as well as in France and Germany, to all carmakers and automotive suppliers for test purposes. HERE plans to offer data for Japan too later this year. HERE is currently working with more than 10 "leading automotive companies" on automated driving projects, the company said. Publicly traded automakers include Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).
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