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October 31, 2012
Jim Cramer told "Mad Money" viewers Wednesday the devastation caused by Hurricane Sandy may have been just what our ailing economy needed -- "nothing has the potential to get things moving like a widespread disaster." Cramer said with the damage from Sandy estimated between $30B-$50B, it's no wonder stocks like USG (USG), Whirlpool (WHR) and Sherwin-Williams (SHW) were on the move higher Wednesday. But even bigger than the private sector is the federal government, said Cramer, as roads and other infrastructure needs to be rebuilt. EXECUTIVE DECISION: Cramer spoke with Sandy Cutler, chairman and CEO of Eaton (ETN). Shares of Eaton have been trading higher due, in part, to the company's planned acquisition of Cooper Industries (CBE). Cutler expects many of Eaton's electrical products will be a part of that rebuilding effort from Hurricane Sandy. Eaton currently derives 60% of its revenue from its electrical businesses. Cutler said that Eaton is still seeing construction activity building. Cutler said our country is on track to return to 1.5M housing starts a year, although it ail likely take a few years to get there. Cramer said that with so much building ramping up, Eaton is the company investors need to own. Then, Cramer sat down with Manny Chirico, CEO of PVH Corp (PVH), on the heels of the company announcing it is acquiring Warnaco (WRC), a licensee of its Calvin Klein brand, for $2.9B. Cramer suggested that PVH buy Warnaco when he last spoke with Chirico on Sept 6. Shares of PVH spiked 20% on the news. Cramer said that he remained a big fan of PVH as it continues to grow and reward shareholders. Cramer also spoke with John Foraker, CEO of Annie's (BNNY), a stock that's up 14% since Cramer recommended investors get in on the company's IPO earlier this year. Annie's just reported a 1c earnings miss on better than expected sales with upbeat guidance. Foraker said his company has a great brand but certainly needs to execute better in order to meet growing customer demand. Cramer said that Annie's, along with Hain Celestial (HAIN), remains among his favorite healthy-eating stocks. Finally, Cramer sat down with Steve Tanger, president and CEO of Tanger Factory Outlets (SKT), a retail REIT with a 2.7% yield. Tanger said that doesn't expect any effect on earnings from the minimal damage from Hurricane Sandy. Tanger keeps tabs on the sales of all its tenants. In the case of Coach (COH), which struggled last quarter, Tanger said that company has a great management team that has already corrected the pricing policies that led to the declines. Cramer continued his recommendation of Tanger Factory Outlets. LIGHTNING ROUND: (Bullish) ETH, MPC, NLY. (Bearish) LZB, RIMM, CSCO, NAT, CLNE, FFIV. Reference Link
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June 18, 2015
06:57 EDTETNMay Class 8 retail sales rose 12%, says JPMorgan
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June 17, 2015
16:12 EDTCSCOCrossroads Systems updates on patent litigation after Markman hearing
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12:23 EDTLZBOn The Fly: Top stock stories at midday
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10:37 EDTNLYOptions with decreasing implied volatility
Options with decreasing implied volatility: QIHU BOX RH ADBE NLY
09:48 EDTCSCOCisco to invest $10B in China innovation and development
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08:25 EDTCSCOCisco to participate in a tech talk with SunTrust
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June 16, 2015
19:01 EDTLZBOn The Fly: After Hours Movers
UP AFTER EARNINGS: Bob Evans (BOBE), up 4%. ALSO HIGHER: Anthera Pharmaceuticals (ANTH), up 2.4% after meeting enrollment targets of Phase 3 clinical trial evaluating blisibimod. DOWN AFTER EARNINGS: DavidsTea (DTEA), down 10.8%... La-Z-Boy (LZB), down 3.9%... Adobe (ADBE), down 1.2%. ALSO LOWER: Azure Midstream Partners (AZUR), down 8.5% after announcing that it will offer 3.5M common units... Arena Pharmaceuticals (ARNA), down 2.3% after announcing CFO departure.
16:37 EDTSKTTanger Factory announces partnership with China UnionPay
Tanger Factory Outlet Centers has announced a multiple location partnership between its top international tourist centers in the U.S. and UnionPay International, the international business arm of the payment network China UnionPay. The program will provide all the UnionPay cardholders easy access to the world's most popular brand names and designer outlet stores.
16:18 EDTLZBLa-Z-Boy reports Q4 written SSS up 0.5% for Furniture Galleries network
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16:16 EDTLZBLa-Z-Boy says Q1 'usually our weakest'
In La-Z-Boy's Q4 earnings report, the company stated, "We are optimistic about our positioning in the marketplace and growth prospects... As we move into the summer months, however, the furniture industry typically experiences weaker demand, and our plants shut down for one week of vacation and maintenance during Q1, which ends in July. Accordingly, the first quarter is usually our weakest in terms of sales and earnings. Additionally, as our fiscal year ends the last Saturday of April each year, FY16 is a 53-week year, with the extra week occurring in Q4."
16:14 EDTLZBLa-Z-Boy reports Q4 adjusted EPS 38c, consensus 38c
Reports Q4 revenue $374.94M, consensus $379.13M.
14:37 EDTLZBLa-Z-Boy technical comments ahead of results
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09:36 EDTCSCOActive equity options trading on open
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09:32 EDTHAINHain Celestial added to US 1 List at BofA/Merrill
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08:17 EDTETNEaton says Arnold to succeed Cutler as chairman and CEO on June 1, 2016
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08:16 EDTETNEaton says Alexander Cutler to retire as Chairman and CEO on May 31, 2016
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08:15 EDTETNEaton says Alexander Cutler to retire as Chairman and CEO on May 31, 2016
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08:15 EDTETNEaton board names Craig Arnold president and COO, effective September 1
06:18 EDTFFIVUp to 390,000 linked to DHS might have had data breached, AP reports
As many as 390,000 current and former Department of Homeland Security, or DHS, employees, contractors, and job applicants may have had private data compromised in a computer hack discovered a year ago, the Associated Press reports. Homeland Security Department spokesman S.Y. Lee said that internal notices about the breach were sent to employees starting April 27, the report says. Lee added that the hack is separate from one involving the same government contractor that was disclosed by the government in December. Publicly traded companies in the space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link
June 15, 2015
06:58 EDTETNMulti Industry estimates lowered at Credit Suisse
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