New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 31, 2012
23:00 EDTNAT, LZB, ETH, FFIV, CSCO, NLY, CLNE, RIMM, MPC, HAIN, PVH, SHW, COH, BNNY, CBE, WHR, SKT, WRC, ETN, USGJim Cramer's "Mad Money"
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
News For USG;WHR;SHW;ETN;CBE;PVH;WRC;BNNY;HAIN;SKT;COH;ETH;MPC;NLY;LZB;RIMM;CSCO;NAT;CLNE;FFIV From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 >>
August 18, 2015
16:12 EDTLZBLa-Z-Boy reports Q1 EPS 27c, consensus 21c
Subscribe for More Information
14:51 EDTLZBNotable companies reporting after market close
Subscribe for More Information
14:00 EDTLZBLa-Z-Boy technical comments ahead of results
The shares have largely traded within a range of $25 at the low and $28 at the high since December of last year. With a basing this long in development, breaks of either end of the range take on more importance. Breakouts or breakdowns of long-term ranges generally exhibit stronger price reactions. With price near the top of the range ahead of news, a breakout above $28 on strong bullish news seems probable. Such a breakout would resolve the range bullishly. Resistance levels to watch as potential upside objectives would be at $28.48, $30.23, and $31.22. If the news is bearish surprise, a test to the range low would be possible. It would take a major surprise however to break that range low. Support below $25 is at $24.49 and $23.93.
12:52 EDTWHRWhirlpool jumps after appliance shipments rise 11.2% in July
Subscribe for More Information
11:01 EDTCSCOScansource exercises LOI to acquire assets of KBZ
Subscribe for More Information
10:00 EDTCOH, SHWOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:45 EDTCOHCoach trades higher, levels to watch
Subscribe for More Information
08:46 EDTPVHAbercrombie & Fitch confirms new leadership team for A&F brand
Subscribe for More Information
07:46 EDTCOHJefferies sees longer turnaround for Vera Bradley, cuts to Hold
Subscribe for More Information
07:40 EDTCOHJefferies says Coach turnaround not being appreciated, ups to Buy
Jefferies analyst Randal Konik upgraded Coach (COH) to Buy from Neutral and raised his price target for shares to $50 from $35. The stock closed yesterday up 8c to $32.02. Survey results show the handbag maker is starting to attract new customers at a faster rate while its remodel initiative should help drive a return to positive comps, Konik tells investors in a research note. He believes the company's turnaround is not being fully appreciated by the market. The analyst also added Coach to the Jefferies Franchise Picks List. He coupled the upgrade with a downgrade Vera Bradley (VRA) to Hold.
07:38 EDTHAINHain Celestial reports Q4 adj. EPS 55c, consensus 55c
Subscribe for More Information
07:37 EDTHAINHain Celestial sees FY16 EPS $2.11-$2.26, consensus $2.19
Subscribe for More Information
06:42 EDTCOHCoach upgraded to Buy from Hold at Jefferies
Subscribe for More Information
06:08 EDTSHWSherwin-Williams upgraded to Neutral from Sell at UBS
UBS analyst John Roberts upgraded Sherwin-Williams to Neutral citing the relative underperformance of shares. The stock is high quality and "difficult to be bearish on," Roberts tells investors in a research note. He raised his price target for shares to $284 from $278.
August 17, 2015
14:48 EDTHAINNotable companies reporting before tomorrow's open
Subscribe for More Information
14:27 EDTFFIVIRS says cyber attack larger than originally thought, AP says
Subscribe for More Information
11:18 EDTCSCOEZchip to supply chips to cloud data centers, Bloomberg says
Subscribe for More Information
10:09 EDTCSCOOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:39 EDTCSCOTMC to hold a conference
Subscribe for More Information
06:45 EDTCSCOCisco downgraded to Equal Weight from Overweight at Morgan Stanley
Subscribe for More Information
1 | 2 | 3 >>

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