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Stock Market & Financial Investment News

News Breaks
March 30, 2012
00:40 EDTJOY, GWRE, NLY, YUM, AGN, TWX, SLW, EBIX, ARCT, MDT, NG, PAYX, CCL, CAT, CMI, AAPL, RHT, EMC, IBM, TDC, CRM, TIBX, RCL, CSXJim 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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October 8, 2014
09:48 EDTYUMYum! Brands sees Q4 SSS to be negative
Expects margins in China to improve as sales improve, but notes that the China sales guidance is still "very difficult" to predict. Says generated $2B of EBITDA so far this year.
09:48 EDTEMCHP, EMC still doing work on potential deal, CNBC reports
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09:38 EDTAAPLActive equity options trading on open
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09:36 EDTYUMYum! Brands expects China business to 'fully recover'
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09:20 EDTYUMOn The Fly: Pre-market Movers
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08:55 EDTEMCEMC rises after VMware separation urged by Elliott Management
Shares of EMC Corp. (EMC) are higher in pre-market trading after investor Elliott Management, affiliates of which collectively own or have economic exposure to about 2.2% of the common stock and equivalents of EMC, sent a letter to the company's board detailing the firm's recommendations, including a separation of VMware (VMW) from Core EMC. Shares of EMC are up about 1% to $28.39 following Elliott's public disclosure of its letter to the company's board.
08:54 EDTEMCElliott Management urges separation of VMware from EMC
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08:42 EDTAGNSalix shares should be bought on weakness, says Sterne Agee
After Reuters yesterday afternoon reported that Actavis (ACT) plans to make a new merger approach to Allergan (AGN), Sterne Agee believes that Salix's standalone value is $162. The firm expects the shares to reach that level following approval of its Xifaxan IBS-D drug after the February 2015 PDUFA date.
08:31 EDTEMCElliott Management sends letter to EMC board
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08:20 EDTAAPLQualcomm opportunity at Xiaomi almost rivals iPhone, says FBR Capital
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07:29 EDTYUMYum! comp weakness in China has bottomed, says UBS
UBS believes Yum! Brands' recovery in China is under way, but that visibility remains limited following yesterday's Q3 results. The firm still has many questions about company strategy, but believes China comp weakness has bottomed. UBS maintains its Buy rating and $85 price target on Yum! Brands shares.
07:22 EDTIBMIBM to make renewed push around 'Watson' AI system, FT reports
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07:20 EDTYUMYum! Brands outlook still positive, says Stifel
After Yum! reported weaker than expected results ex-items, Stifel continues to expect the company to eventually carry out a significant restructuring that could include a partial listing of its China unit in Hong Kong and/or a $15 per share debt recapitalization. The firm continues to believe that Yum! China is one of the best retail businesses in the world. It cut its price target on Yum! to $105 from $110 but keeps a Buy rating on the shares.
07:19 EDTAGNCBI to hold a conference
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06:57 EDTAAPLApple's iPhone 6 Plus more popular than iPhone 6, WantChinaTimes says
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06:29 EDTCMICummins initiated with a Buy at Stifel
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06:23 EDTAGNActavis more inclined to pursue Allergan over Salix, says Citigroup
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06:13 EDTAAPLNon-Apple notebook, tablet demand to be weak till 2Q15, DigiTimes reports
Demand for non-Apple (AAPL) notebooks and tablets may remain weak until the second quarter of 2015, reports DigiTimes. Citing Taiwan makers, the pressure due to booming sales from Apple products may decrease sales until Microsoft (MSFT) launches Windows 10 next year. Demand for Samsung (SSNLF), Sony (SNE) , And HTC smartphones have also dropped worldwide recently. Reference Link
06:10 EDTAAPLQuantom begins small-volume production of 12-inch Macbook Air, DigiTimes says
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05:54 EDTAAPLTeen interest in Apple Watch 'tepid,' says Piper Jaffray
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