New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 30, 2012
23:13 EDTRIMM, AIG, BUD, AMRN, WWW, QCOM, CTRP, HIG, SFL, TGT, PEP, ABT, FB, MS, VZ, AAPL, WFC, BGS, ED, SHW, MPOJim Cramer's "Mad Money"
Jim Cramer told his "Mad Money" viewers Wednesday they'd better avoid stocks steeped in high drama and stick with those boring names that simply make you money. Case in point, Research In Motion (RIMM has seen the love affair with its users wither and die. Cramer said after years of under-investing in new technology and a string of service outages, RIM is now in a tailspin from which few companies ever recover. The possibility of a takeover is promising, but he fundamentals are in decline, Cramer concluded. Another high-drama stock is Facebook (FB), which hit a new low again Wednesday. Cramer said investors need to wait for at least a full quarter of results from the company or for the lockup period to expire to really know how low this stock can go. Finally, there's Morgan Stanley (MS). which is a constant battle between the bulls and the bears. Cramer questions if the balance sheet is OK? And if ratings cuts are looming based on European exposure. Cramer said with so many betting against this firm, it's simply too hard to call. Cramer said that Instead of these high-drama names, investors should consider Verizon (VZ), a wireless company that sells all types of handsets, not just one. They should also consider Apple (AAPL), which offers a low multiple and high growth as well as products that continue to dazzle. In the banking sector, Cramer gave the nod to Wells Fargo (WFC), a far safer and less dramatic alternative to Morgan Stanley.EXECUTIVE DECISION: Cramer sat down with David Wenner, president and CEO of B&G Foods (BGS), a stock that's up 95% since Cramer first recommended it in October 2010. Shares of B&G rose 83% last year and currently sport a 4.6% dividend yield. Wenner said B&G is up to the challenge with all its acquisitions and the company's balance sheet remains in great shape. Wenner noted that B&G's acquisitions are always accretive to earnings. B&G is in a rare position of not having a lot of commodity exposure, and the company hedges its bets when necessary. Cramer continued his recommendation of B&G Foods as a great, non-European stock for investors' portfolios. In a turbulent market, investors need dividend protection, Cramer said, unveiling a new group of "Dividend Royalty" stocks that fit that bill perfectly. He reminded viewers that nearly 40% of all the gains from the S&P's 500 come from reinvested dividends, which makes a strong, diversified dividend portfolio one that's worthwhile to have. Cramer said he chose these five names from a list of companies that have raised their dividend every year since 1980. After accounting for diversification, these stocks rose to the top of the list: ConEd (ED), Sherwin-Williams (SHW), Abbott Labs (ABT), pepsico (PEP), Target (TGT). LIGHTNING ROUND: (Bullish) AIG; BUD; AMRN; WWW. (Bearish) QCOM; CTRP; HIG; SFL; MPO. Reference Link
News For RIMM;FB;MS;VZ;AAPL;WFC;BGS;ED;SHW;ABT;PEP;TGT;AIG;BUD;AMRN;WWW;QCOM;CTRP;HIG;SFL;MPO From The Last 14 Days
Check below for free stories on RIMM;FB;MS;VZ;AAPL;WFC;BGS;ED;SHW;ABT;PEP;TGT;AIG;BUD;AMRN;WWW;QCOM;CTRP;HIG;SFL;MPO the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | all recent news | >>
July 15, 2014
10:33 EDTFBFacebook, Twitter slip following cautious valuation comments from Fed
Shares of a number of companies in the social media and biotech industries moved lower following the circulation of cautious comments about their stock valuations that were included in the Federal Reserve's latest Monetary Policy Report. WHAT'S NEW: In the report, presented by the Board of Governors of the Federal Reserve and signed on behalf of the governors by Chair Janet Yellen, the central bank wrote that some broad equity price indexes have increased to all-time highs in nominal terms since the end of 2013, but that valuation measures for the overall market in early July were "generally at levels not far above their historical averages." However, the Fed's report also cautioned that valuation metrics in some sectors do appear substantially "stretched," particularly those for smaller firms in the social media and biotechnology industries, despite a notable downturn in equity prices for such firms early in the year. As support for its assessment, the Fed noted that ratios of prices to forward earnings for "smaller firms as well as social media and biotechnology firms" remain "high relative to historical norms." PRICE ACTION: Following the circulation of the comments in the Fed report, shares of Facebook (FB) are down 88c, or 1.3%, to $67.02, Twitter (TWTR) is down 24c, or 0.6%, to $38.07 and LinkedIn (LNKD), is down 21c, or 0.1%, to $159.57. Shares of some biotechnology companies including Celgene (CELG) and Amgen (AMGN) also ticked lower following the circulation of the comments from the Fed's report.
10:28 EDTWWWHigh option volume stocks
High option volume stocks: TRGT ALB UUP ADHD ROC WWW CTRL KERX IMGN NI
10:18 EDTFBFacebook, Twitter move lower following comments from Yellen
Subscribe for More Information
09:41 EDTVZU.S. Treasury Secretary Lew to visit Verizon
Treasury Secretary Lew delivers remarks on cybersecurity and highlights the important role of telecommunications companies in supporting the financial system, as well as touring Verizon's facilities in Ashburn, Virginia on July 15 at 3:15 pm.
09:40 EDTAAPLApple 'iWatch' said to debut in two sizes, three models, AppleInsider says
Subscribe for More Information
09:38 EDTFB, AAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL FB JPM TSLA
09:21 EDTWWWOn The Fly: Pre-market Movers
Subscribe for More Information
08:03 EDTWFCCBS reports results of CBS Outdoor exchange offer
Subscribe for More Information
08:03 EDTVZPublic speak out on FCC 'net-neutrality' plan, WSJ says
The Federal Communications Commission's has received more than 677K comments so far from the public on its proposed 'net-neutrality' rules for how broadband providers can treat content traveling over their networks and a random sampling of the input suggests that the agency will have work to do to sell the plan, according to The Wall Street Journal. Companies that provide broadband Internet service include Comcast (CMCSA), AT&T (T), Verizon (VZ) Time Warner Cable (TWC), and Cablevision (CVC). Netflix (NFLX) sends a great deal of content over the Internet and strongly supports net neutrality. Reference Link
07:50 EDTQCOMQualcomm estimates adjusted to reflect inventory transition, says Canaccord
Canaccord adjusted its estimates for Qualcomm to reflect an ongoing inventory transition in China from 3G to 4G devices. The firm continues to expect strong growth of smartphones, the upgrade to new air interface technologies, and strong market share gains to drive sales and earnings growth. Qualcomm shares are Buy rated with a $95 price target.
07:23 EDTFBFortune to hold a conference
Subscribe for More Information
07:15 EDTPEPIIR Holdings to hold a conference
14th Annual Shopper Insights in Action Conference to be held in Chicago on July 14-16.
06:43 EDTAAPLApple reportedly considering Carney for PR head position, Re/code reports
Subscribe for More Information
06:37 EDTWWWWolverine World Wide announces strategic realignment plan
In a move designed to accelerate growth and improve overall profitability, the company announced a Strategic Realignment Plan that includes store closures primarily within the Stride Rite fleet and several other initiatives. The realignment of the consumer-direct business is intended to optimize the fleet of retail locations, right-size the supporting infrastructure, address a fundamental shift in consumer shopping behavior and allow for greater focus on important omni-channel initiatives. Key components of the plan include: Closing approximately 140 retail locations primarily Stride Rite stores over the next 18 months. Of these, the company expects that approximately 60 stores will close by FY end, with the balance closed by the end of 2015; Consolidating certain consumer-direct functions, specifically store operations and field support teams, intended to allow for a more effective and efficient management of the retail fleet; and Implementing organizational and infrastructure changes to realize further synergies. The company estimates pretax charges related to the plan in the range of $30M-$37M, and expects to record these charges between now and the end of FY15 as it executes each component. Approximately $13M-$15M of this estimate represents non-cash charges, primarily asset write-offs related to closed retail locations and restructuring charges related to the remaining retail store fleet and international operations. Of this non-cash amount, $3.4M was recorded in Q2. Once the plan is fully implemented, the company expects annual pretax benefits of approximately $11M and intends to redeploy a meaningful portion of these benefits to further build out consumer-direct omni-channel capabilities and accelerate growth in its wholesale operations.
06:34 EDTWWWWolverine World Wide backs FY 14 adjusted EPS view of $1.57-$1.63
Subscribe for More Information
06:33 EDTWWWWolverine World Wide reports Q2 adjusted EPS 31c, consensus 27c
Subscribe for More Information
06:20 EDTAAPLBoy's rash linked to possible exposure to nickel found in iPad, WSJ reports
Subscribe for More Information
06:15 EDTABTAbbott unit sale to Mylan 'a wash,' says Citigroup
Subscribe for More Information
06:13 EDTFBFacebook, Nielsen team up to track TV habits, LA Times reports
Subscribe for More Information
06:11 EDTQCOMSamsung, HiSilicon to sell more handset solutions to vendors, DigiTimes says
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use