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Stock Market & Financial Investment News

News Breaks
November 9, 2012
05:04 EDTSBUX, CYS, CYOU, GNRC, AGNC, PPL, AAPL, HSIC, AFCE, ABT, SWKSJim Cramer's "Mad Money"
Jim Cramer said, "There are a few silver linings in the market." He reviewed the pros and cons of the market right now. Cons: The most obvious is the fiscal cliff. Disappointing earnings -- and expectations are still too high given the environment. Take Starbucks (SBUX). The company was trading in the low $50s when it reported over the summer, when expectations were too high. Shares pummeled into the mid $40s. It reported again with inline expectations and shares rallied back into the low $50s. Europe is another con against the market, said Cramer, but here, too, that's old news. Hurricane Sandy put a damper on the markets as well. But, after devastation come rebuilding. Cramer said the markets are clearly ratcheting down ahead of the fiscal cliff, but soon there will be capitulation, and that will be the time to buy, buy, buy. Looking for a stock that's both recession-proof and doesn't have anything to do with the fiscal cliff? Cramer said investors need to consider Abbott Labs (ABT), which has two catalysts helping to drive shares higher. Abbott will be splitting itself into two companies as of Jan. 1, 2013. Shares have already posted a 21% return since that news was announced, but Cramer said there's more to come now that the split is only 53 days away. Abbott Labs will have faster growth with a lower yield, while the new pharma company will have slower growth but a juicy 4% yield. Add those two companies together and they're worth $74/sh, said Cramer. The second catalyst is positive data on it's Hepatitis C treatment. That news will be relayed at an upcoming conference and should also help send shares higher. Cramer said with Abbott Labs trading at just 12.2x earnings with a 9% growth rate, he'd be a buyer through the end of the year. EXECUTIVE DECISION: Cramer once again spoke with Cheryl Bachelder, president and CEO of AFC Enterprises (AFCE), purveyors of the Popeye's Louisiana Kitchen chain of quick-serve restaurants. Shares of AFC are up 85% for the year and 14% since Cramer last spoke with Bachelder in August. Popeye's new flavorful menu is bringing excitement to the stores and is part reason for a 2c earnings beat on a 6.3% rise in same-store sales. Cramer once again praised Bachelder for a remarkable turnaround and growth story. He continues to recommend the stock. Cramer also sat down with Stanley Bergman, chairman and CEO of Henry Schein (HSIC), a medical products supplier to doctors, dentists and veterinarians. Henry Schein is active in acquisitions. The company does about 20 deals a year and currently has a full pipeline of deals in the works. Cramer reiterated his recommendation of Henry Schein, another recession-proof business he said will not be falling off the fiscal cliff in 2013. NO HUDDLE OFFENSE: Cramer said Apple (AAPL) is among those companies he's dubbed the "FCS" or fiscal cliff stocks, stocks that just make too much sense to sell now ahead of what will most likely be higher capital gains tax rates next year. Cramer said it would be greedy not to take something off the table now given Apple's big gains, which is why he's been taking profits in his trust of late. Once we get some clarity on the fiscal cliff, then we will know how to value Apple's growth. LIGHTNING ROUND: (Bullish) PPL; AGNC. (Bearish) GNRC; CYOU; CYS; SWKS. Reference Link
News For SBUX;ABT;AFCE;HSIC;AAPL;PPL;AGNC;GNRC;CYOU;CYS;SWKS From The Last 14 Days
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August 8, 2014
09:37 EDTAAPLActive equity options trading on open
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07:38 EDTABTAbbott overhang removed by CMS decision on MitraClip, says RBC Capital
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07:31 EDTAAPLChina refutes report of Apple product procurement ban, Re/code reports
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07:01 EDTABTHarvard professor says Treasury can reduce inversion incentives, NY Times says
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06:11 EDTSBUXOSI withdraws products made in Shanghai in response to food scandal
After dealing with a food scandal, OSI China, parent company of Shanghai Husi Food, announced the withdrawal of products produced in Shanghai. The company said, "Husi is the subject of company and government investigations and it is proceeding smoothly. While there have been no reported illnesses linked to any Shanghai Husi products, recovering this production is an important step in facilitating the investigations and rebuilding the respect and trust of our customers, the government and the people of China. With assistances and guidance provided by Shanghai FDA, we have started the recovery process of products in question in a comprehensive and orderly." Worldwide brands such Yum! Brands (YUM) McDonald's (MCD) and Starbucks (SBUX) were affected by the scandal in China. Reference Link
August 7, 2014
16:00 EDTAAPLOptions Update; August 7, 2014
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15:48 EDTHSICHenry Schein management to meet with ISI Group
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10:29 EDTABTMylan: Noise about inversion is tremendous speculation and that's all it is
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10:20 EDTABTMylan says litigation ins ongoing in India regarding Teva
Mylan (MYL) said that it expects Teva's (TEVA) efforts to seek an injunction will "as ineffective as it was in U.S. courts." The company said it will not provide further comment on the matter. Mylan said it will also postpone its 2014 Investor Day due to the ongoing nature of the Abbott (ABT) transaction. It expects its fully realized savings and profit from new products will not be realized till 2015. Comments taken from Q2 earnings conference call.
09:36 EDTAAPLActive equity options trading on open
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06:43 EDTAAPLApple poaches YSL's Catherine Monier, 9to5Mac reports
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06:42 EDTABTObama to look to limit inversion deals, Politico says
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06:19 EDTAAPLMicrosoft in talks to open Fifth Avenue store, Daily News reports
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05:43 EDTSWKSSkyworks resumed with an Outperform at Pacific Crest
Target $65.
August 6, 2014
16:01 EDTAAPLOptions Update; August 7, 2014
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09:36 EDTAAPLActive equity options trading on open
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08:44 EDTAAPLApple products excluded from Chinese government procurement list, Bloomberg says
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06:41 EDTABTObama administration may restrict inversion tax benefits, NY Times says
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06:20 EDTSBUXCredit Suisse to hold a conference
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06:09 EDTAAPLApple, Samsung to drop all litigation outside U.S., Re/code reports
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