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Stock Market & Financial Investment News

News Breaks
March 30, 2012
00:40 EDTRCL, TDC, RHT, CAT, MDT, SLW, YUM, PAYX, TIBX, IBM, AAPL, JOY, CSX, ARCT, TWX, NLY, CCL, CRM, EMC, CMI, NG, EBIX, AGN, GWREJim Cramer's "Mad Money"
Jim Cramer said the weakness in many of the market's top stocks was nothing more than hedge funds and money managers locking in their gains after the best quarter we've seen in 14 years. He said the only real movers were stocks betting on interest rate cuts in China. Those stocks, like Joy Global (JOY), Caterpillar (CAT) and Cummins (CMI), all opened lower only to turn higher by the end of the day. Everything else, however, and especially the market leaders like Apple (AAPL), finished sharply lower by the end of Tuesday's trading. Cramer said fortunately the markets are strong enough to absorb all of this big-money selling. But investors can expect to see even more market gyrations tomorrow as Q1 draws to a close. Next, Cramer said if "big data" is the future of technology, then investors better sit up and pay attention. Red Hat (RHT) proved just how large big data is becoming after the company blew away the numbers, sending shares up $10 each, or 19.5%, in a single session. But while Red Hat may be hot, Cramer said that EMC (EMC) remains his favorite. Despite its acquisition shopping spree, EMC shares still trade at just 14.7x earnings, regardless of its 15% growth rate. Cramer also gave the nod to a handful of others in the big data market, including IBM (IBM), Teradata (TDC), Salesforce.com (CRM) and Tibco (TIBX). But no matter which stocks investors choose, Cramer said that big data will be one of the big themes throughout 2012 and beyond. MAD TWEETS: When asked whether now's the time to buy into the cruise lines, mainly Royal Carribean (RCL) and Carnival Cruises (CCL), Cramer gave a resounding "Yes!" Cruise stocks have been under immense pressure since Carnival's ship ran aground off the coast of Italy last year. But now the worst may be over, said Cramer, as he released the group from his "Sell Block" by saying that Carnival may now be worth buying. Carnival, whose shares are down 2% for the year, are attractive given its 3.1% dividend and its opportunities for a comeback. He would be a buyer at current levels and would get more aggressive if shares sink lower. EXECUTIVE DECISION: Cramer spoke with Marty Mucci, president and CEO of Paychex (PAYX), a payroll processor with a 4% yield. Paychex delivered an inline quarter and reaffirmed 2012 guidance. Mucci said that he felt good about the quarter and where Paychex is headed, but remained conservative on the company's conference call. Cramer remained bullish on Paychex, especially given its 4% yield and prospects for growth as the economy improves. LIGHTNING ROUND: (Bullish) GWRE; NLY; YUM; AGN; TWX. (Bearish) SLW; EBIX; ARCT; MDT; NG; CSX. Reference Link
News For JOY;CAT;CMI;AAPL;RHT;EMC;IBM;TDC;CRM;TIBX;RCL;CCL;PAYX;GWRE;NLY;YUM;AGN;TWX;SLW;EBIX;ARCT;MDT;NG;CSX From The Last 14 Days
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March 15, 2015
15:20 EDTMDTMedtronic announces outcomes for its next-generation CoreValve Evolut R System
Medtronic announced initial clinical outcomes for its next-generation CoreValve Evolut R System. At 30-days, the new recapturable, self-expanding valve showed no incidents of all-cause mortality or stroke in a high and extreme risk patient population. Data from the Evolut R Study, which enrolled 60 patients from six centers in the United Kingdom, Australia and New Zealand, were unveiled today at the 64th Annual Scientific Session of the American College of Cardiology. The CoreValve Evolut R System is not approved for commercial use in the United States where it is currently undergoing clinical trials. "Initial clinical experience with the Evolut R system is remarkable and ushers in a new era of TAVR technology that provides increased confidence with recapturability, excellent procedural results, and impressive clinical outcomes," said Ian Meredith, M.D., of Monash Heart - Monash Health, Melbourne, Australia, who is one of the investigators of the study. "The 14 French equivalent delivery system allowed transfemoral access for most patients and the recapturable technology enabled implanters to optimize valve placement for improved annular sealing and reduced conduction disturbances without compromise on mortality or stroke."
March 13, 2015
18:23 EDTCRMSalesforce.com CEO Benioff: Mobile data management a 'huge new area'
Marc Benioff is speaking on CNBC.
18:22 EDTAAPL, CRMSalesforce.com CEO Benioff: Analytics cloud can run on Apple watch
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16:42 EDTAAPLStocks end week lower amid euro slide, Fed rate hike worries
Stocks finished the week lower as worries about the impact of the euro's fall against the dollar, along with continued anticipation of an upcoming rate hike by the Fed and concerns about deflation, weighed on shares. MACRO NEWS: The euro's slide against the dollar continued, causing investors to worry that the trend could have a significant negative impact on the results of U.S. based, multinational companies... Anticipation of an impending interest rate hike continued to impact the market. On Tuesday, outgoing Dallas Fed President Richard Fisher said the central bank should begin to gradually raise rates before the economy reaches full employment to avoid triggering a recession. On Thursday, stocks rose as investors speculated that weak February retail sales data could cause the central bank to delay raising interest rates... An unexpected decline in the producer price index, which was reported on Friday, may have rekindled fears about deflation taking hold in the U.S., weighing on stocks... In China, the government said that industrial production rose less than expected in the first two months of the year. China's exports were reported to surge 15% in the first two months of the year versus the same period a year earlier, but data also indicated that China's imports sank 20% in the first two months of 2015. COMPANY NEWS: Apple (AAPL) provided additional information about its upcoming Apple Watch at a product launch event. Apple Watch will be available on Friday, April 24 to customers in nine countries, including the U.S., with pre-orders beginning April 10. The lowest priced Apple Watch, the 38 mm Apple Watch Sport, will be priced at $349, while the 18-karat gold Apple Watch Edition will be priced starting at $10,000... Embattled floor retailer Lumber Liquidators (LL) updated investors on the impact of a recent critical report from 60 Minutes. In the nine days following the report, same-store sales fell 12.7% versus the same period a year earlier, it reported. The company added that it was not able to provide full-year guidance until it has more time to gauge the impact of consumers' reaction to the report... GM (GM) settled a potential proxy battle with an investment group led by Harry Wilson by agreeing to return more cash to shareholders... Alcoa (AA) agreed to buy RTI International Metals (RTI), which supplies specialty metals and services for several sectors, including aerospace and defense... Credit Suisse (CS) appointed Tidjane Thiam, who is currently Group Chief Executive of Prudential (PUK), as its new CEO... The shares of several chicken producers fell after a possible case of bird flu was identified in Arkansas. Among the chicken producers that declined were Tyson (TSN), which is based in Arkansas, Pilgrim's Pride (PPC), Sanderson Farms (SAFM), and Hormel (HRL)... GNC Holdings (GNC) sank after New York's Attorney General announced that he and three of his colleagues would further investigate the business practices of the herbal supplement industry. INDEXES: For the week, the Dow was down 0.57% to 17,749.31, the Nasdaq fell 1.12% to 4,871.76, and the S&P 500 dropped 0.87% to 2,053.40.
16:01 EDTAAPLOptions Update; March 13, 2015
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14:31 EDTAAPLApple hits session lows, levels to watch
The shares are down over 1.2% to $122.85 at time of writing. At that price initial support is at the low of the day at $122.58 and then at $120.17.
11:40 EDTYUMEl Pollo Loco soars after Q4 results top estimates
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10:34 EDTAAPLApple joins data center group with Facebook, Microsoft, The Information says
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10:04 EDTAAPLApple 'well beyond concept stage' for electric car, Apple Insider says
Apple is "well beyond the concept stage" on its electric car codenamed Titan, reports Apple Insider, citing two people with knowledge of the project. The sources said Apple received shipments of components to a site "minutes" away from the Cupertino campus, and "serious work" is underway. Reference Link
09:50 EDTCRM, AAPLActive equity options trading on open
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09:29 EDTIBMIBM to hold a meeting with a conference call hookup
Management discusses IBM Mainframe z13 in a meeting being held in Armonk, New York on March 13 at 2 pm. Webcast Link
08:19 EDTSLWSilver Wheaton March volatility elevated into Q4 and outlook
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07:32 EDTEBIXEbix reports Q4 EPS 45c, one estimate 39c
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07:00 EDTAAPLNew MacBook to support third-party battery packs, chargers, 9to5Mac says
Apple's forthcoming MacBook will reportedly support "most" USB-C accessories, including external battery packs, third party chargers, external video adapters, and even allowing other Macs to charge the MacBook, reports 9to5Mac, citing sources close to the situation. Sources say Apple will not be blocking or limiting any accessories, opening up the market for third party accessories. Reference Link
06:55 EDTIBMIBM considering using bitcoin tech for major currencies, Reuters says
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06:23 EDTAAPLApple CEO says 11,000 people have signed up to study using ResearchKit
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06:07 EDTTWX, AAPLMillenials not completely sold on the Apple Watch, Re/code says
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05:54 EDTAAPLReport: MacBook unlikely to exceed 450K in 1H15 sales, DigiTimes says
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05:54 EDTAAPLIDC: Worldwide tablet long term growth in low single digits, Digitimes says
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05:54 EDTAAPLIDC: PC shipments to drop 4.9% in 2015 before improving slightly, DigiTimes says
Worldwide PC shipments is expected to drop 4.9% in 2015, compared to a previous forecast of 3.3%, reports DigiTimes, according to the IDC Worldwide Quarterly PC Tracker. Total 2015 volume is projected at 293.1M PCs, slipping further to 291.4M in 2019. The report also said growth projects for 2016 and 2017 improved slightly. Reference Link
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