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Stock Market & Financial Investment News

News Breaks
March 30, 2012
00:40 EDTCRM, EMC, CMI, NG, EBIX, AGN, GWRE, RCL, TDC, RHT, CAT, MDT, SLW, YUM, PAYX, TIBX, IBM, AAPL, JOY, CSX, ARCT, TWX, NLY, CCLJim 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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November 17, 2014
06:05 EDTAGNActavis close to buying Allergan for over $64B, Bloomberg reports
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06:02 EDTEMCStocks with implied volatility movement; WFT EMC
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November 16, 2014
20:04 EDTAAPLApple: App Store adds UnionPay as payment option for customers in China
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19:13 EDTCCLPrincess Cruises ship hit with norovirus, CDC says
The Centers for Disease Control and Prevention reports that 172 on a Princess Cruises Ship have become sick from norovirus. The voyage dates are October 18-November 16. Princess Cruises is a brand of Carnival. Reference Link
17:04 EDTCMICummins could rise over 15% in FY15, Barron's says
Cummins shares could rise over 15% in FY15 as concerns look overdone, Barron's contends in a feature article. The company should benefit from the North American market and improvements in emerging markets, the paper adds. Reference Link
14:08 EDTMDTDaVita announces collaboration with Medtronic
DaVita Kidney Care, a division of DaVita HealthCare Partners (DVA) and leading provider of kidney care services, announced a collaboration with Medtronic (MDT) to better understand cardiovascular health in end stage renal disease, ESRD patients. The collaboration will focus on developing a pilot program using Medtronic's Reveal LINQ Insertable Cardiac Monitoring system to identify cardiac arrhythmias in patients receiving dialysis. "Medtronic recently announced data at the American Society of Nephrology meeting that showed a higher incidence of arrhythmias in patients receiving hemodialysis," said Ven Manda, vice president, Renal Care Solutions at Medtronic. "We are pleased to pursue this collaboration with DaVita to monitor more patients and gather additional data that will further our understanding of the relationship between dialysis and cardiac events in ESRD patients." "Given the high incidence rate of cardiovascular disease and events in ESRD patients, we believe that by collaborating with Medtronic, we can gain knowledge to help improve the lives of ESRD patients," said Mahesh Krishnan, vice president for clinical innovation and public policy for DaVita HealthCare Partners. "Through the collaboration we expect to utilize innovative monitoring technology and data from our DaVita Kidney Care information systems across the country. This effort is poised to improve the lives of patients by proactively detecting and preventing cardiac complications."
14:02 EDTAGNAllergan, Actavis move closer to deal, WSJ reports
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November 14, 2014
17:13 EDTAAPLAppaloosa gives quarterly update on stakes
NEW STAKES: NXP Semiconductors (NXPI), Lorillard (LO), Alibaba (BABA), and Shire (SHPG). INCREASED STAKES: Whirlpool (WHR), Priceline (PCLN), Delta (DAL), CBS (CBS), and General Motors (GM). DECREASED STAKES: American Airlines (AAL), Disney (DIS), Apple (AAPL), MGM Resorts (MGM), and Eastman Chemical (EMN). LIQUIDATED STAKES: Expedia (EXPE), AIG (AIG), Prudential (PRU), Celanese (CE), and ASML Holding (ASML).
16:39 EDTIBMBerkshire Hathaway gives quarterly update on stakes
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16:26 EDTCRMNasdaq clear leader as major averages end week higher
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16:01 EDTAAPLOptions Update; November 14, 2014
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13:55 EDTEMCEMC volatility elevated as shares near 13-year high
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12:43 EDTMDTMedtronic readying $10B bond sale for Covidien deal, WSJ reports
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11:50 EDTMDTMedtronic readying $10B bond sale for Covidien deal, Dow reports
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10:49 EDTAAPLReport: iPhone 6 outselling iPhone 6 Plus 3-to-1 margin, Apple Insider says
Apple's iPhone 7 lineup is mostly driven by the 4.7-inch model, accounting for 68% of all iPhone sales, while the iPhone 6 Plus took between 23%-24%, reports Apple Insider. Citing a report from Consumer Intelligence Research Partners, the new iPhones represented 91% of total iPhone sales compared to the iPhone 5s and 5c accounting for 84% of total iPhone sales a year ago. Reference Link
09:38 EDTAAPLActive equity options trading
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07:52 EDTAAPLIntegrated Device to benefit from wireless charging adoption, says Craig-Hallum
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07:05 EDTAAPLApple told FTC health data will be protected, Reuters reports
The U.S. Federal Trade Commission has asked Apple to prevent sensitive health data that will be collected by its devices from being used without users' consent, according to Reuters, which cited two unnamed sources. The tech giant has promised the FTC that it will not sell the data to third parties or allow developers to do so, the news service stated. Reference Link
06:54 EDTAAPLU.S.warns on vulnerability in Apple's iOS, Reuters reports
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06:16 EDTAAPLEU says Starbucks tax deal in Netherlands may be illegal state aid, WSJ says
The European Union said the tax deal struck by Starbucks (SBUX) in the Netherlands amounts to illegal state aid, reports the Wall Street Journal. European Commission regulators said it reached a preliminary view that the tax deal violated guidelines produced by the Organization for Economic Cooperation and Development. It said the tax deal "tolerates questionable adjustments which allow Starbucks Manufacturing BV to lower the resulting corporate income tax basis in the Netherlands." The EU is also investigating tax arrangements of Apple (AAPL) in Ireland and Amazon (AMZN) and Fiat S.p.A. (FIATY) in Luxembourg. Reference Link
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