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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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October 9, 2014
06:29 EDTAAPLIDC: Worldwide PC shipments down 1.7% in Q3, DigiTimes reports
Worldwide PC shipments are down 1.7% with 78.5M units shipped in Q3, reports DigiTimes, citing the IDC. Shipments in the US grew 4.3% to 17.3M, with growth centered from strong momentum in te portables category. Reference Link
06:26 EDTAAPLMIC: Taiwan smartphone shipments surpasses 5.4M in Q3, DigiTimes says
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06:26 EDTAAPLGoogle's tax arrangement facing new challenge by France, WSJ reports
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October 8, 2014
16:26 EDTAAPLOn The Fly: Closing Wrap
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16:01 EDTAAPLOptions Update; October 8, 2014
iPath S&P 500 VIX Short-Term Futures down 2.73 to 29.51. Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX PBR AA CLF GILD according to Track Data.
15:12 EDTAAPLNuance October calls active amid speculation Icahn speculation
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15:00 EDTAAPLApple shares climb following Icahn tweet of open letter to Tim Cook
Activist investor Carl Icahn tweeted that he is sending an open letter to Tim Cook tomorrow. This news along with the better tone in markets has helped lift the shares back above the psychologically important $100 level. Next resistance is at $101.79. Support is at $99.90.
14:54 EDTAAPLApple volatility flat, Icahn says to send open letter to CEO Tim Cook tomorrow
Apple October weekly call option implied volatility is at 23, October is at 20, November is at 26, December is at 24, January is at 23; compared to its 26-week average of 25 according to Track Data, suggesting non-directional price movement on Carl Icahn says to send open letter to CEO Tim Cook tomorrow.
14:36 EDTAAPLIcahn says to send open letter to Apple CEO Tim Cook tomorrow
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12:08 EDTAAPLApple sends out invites for October 16 event, 9to5Mac reports
Apple has sent out invitations for its October 16 event that is expected to introduce new iPads and Macs, 9to5Mac reports. The event will take place at the Town Hall auditorium on its Infinite Loop Campus in Cupertino, California and begin at 1pm ET. Reference Link
11:45 EDTAAPLApple 'surprised' by GT Advanced's Chapter 11 filing, WSJ reports
Apple (AAPL) says it was "surprised" by GT Advanced's (GTAT) Chapter 11 bankruptcy filing on Monday, the Wall Street Journal reports. Apple says it is focused on preserving jobs in Arizona and will continue to work with state and local officials "as we consider our next steps." GT Advanced is a partner for Apple's sapphire initiative. Reference Link
11:41 EDTAAPLJ.C. Penney says store base count 'roughly' where it needs to be
Says evaluating stores to see if EBITDA accretive. Says "disciplined" regarding promotions. Says won't risk margin over promotions. Says Apple (AAPL), Samsung (SSNLF), Amazon (AMZN) taking "chunk" out of consumer spending. Sees returning to 37%-39% gross margins over time.
10:44 EDTAAPLFitbit said it has no plans to integrate with iOS 8 Heath app, 9to5Mac says
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09:57 EDTAAPLBlog reveals next-generation Apple iPad Air, 9to5Mac says
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09:38 EDTAAPLActive equity options trading on open
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08:20 EDTAAPLQualcomm opportunity at Xiaomi almost rivals iPhone, says FBR Capital
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06:57 EDTAAPLApple's iPhone 6 Plus more popular than iPhone 6, WantChinaTimes says
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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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