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Stock Market & Financial Investment News

News Breaks
February 23, 2012
20:19 EDTZQK, WFT, THLD, GOOG, PG, NLY, HPQ, OPEN, AZN, AGNC, CNX, CRM, IBM, VVUSJim Cramer's "Mad Money"
Jim Cramer dedicated his first segment to the art of the calculated long-shot. He always preached diversification, staying in a mix of stocks to minimize their downside risk. But Cramer said that he also always preaches speculation, picking one stock with huge upside potential. One of those speculative picks paid off big Thursday was Vivus (VVUS) -- a fledgling drug maker that received approval for the first weight-loss drug to be approved in over 13 years. The shares soared over 78% Thursday. He said investors need to stay with the tried and true stocks, those like IBM (IBM) and Procter & Gamble (PG), both of which enjoyed small rallies Thursday, but having a speculative stock like Vivus makes investing all the more enjoyable. EXECUTIVE DECISION: Cramer spoke with Marc Benioff, CEO of Salesforce.com (CRM), a stock that came under fire when it last reported in November, but also one that was able to redeem itself Thursday with a 3c earnings beat on a 38% rise in revenues yoy. Cramer said Salesforce.com continues to deliver and he continued to recommend the stock. Then, Cramer sat down with Matt Roberts, president and CEO of OpenTable (OPEN), a momentum stock that fell out of favor in late-2011 but has since been crawling back to life, up 45% from its November lows. Roberts said he sees tremendous growth opportunities as only 12% of all restaurant reservations are currently being made online. He dispelled the notion that higher gas prices slow the company's growth. And said that Google (GOOG) is a partner, not a competitor. Cramer said that OpenTable's market cap is too small given the size of the opportunities the company has yet to address. He once again recommended owning the stock. SELL BLOCK: Consol Energy (CNX) has major headwinds. Cramer said with coal and natural gas both in the doghouse, Consol Energy should be there as well. NO HUDDLE OFFENSE: Cramer said the tech industry is filled with once great companies that have faltered and Hewlett-Packard (HPQ) may be next in line. The company has drained its resources, leaving it vulnerable. Previous management made a slew of terrible decisions, from stock buybacks at inflated prices to acquisitions that made no sense, Cramer said. New CEO, Meg Whitman, has a mixed track record of success, said Cramer, and her comments Thursday offered no real vision or cost-cutting initiatives. He advised investors to steer clear of Hewlett and invest in their rivals, as HP is now too big for a takeover, too complex to be broken up and too drained to advance under its own power. LIGHTNING ROUND: (Bullish) THLD; AGNC; NLY. (Bearish) WFT; AZN; ZQK. Reference Link
News For VVUS;IBM;PG;CRM;OPEN;GOOG;CNX;HPQ;THLD;AGNC;NLY;WFT;AZN;ZQK From The Last 14 Days
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November 12, 2014
07:13 EDTIBMIBM data solutions selected by Kenya Power
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06:12 EDTGOOGVestager says not all concerns about Google can be covered by inquiry, WSJ says
New EU antitrust chief Margrethe Vestager says she will investigate the concerns posed by Google’s control over large amounts of data, but notes that not all of society’s concerns can be addressed by the competition case, the Wall Street Journal reports. Reference Link
06:03 EDTIBMAcacia Research enters into settlement and patent license agreement with IBM
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November 11, 2014
16:05 EDTAZNAmgen, AstraZeneca say Phase 3 brodalumab study met endpoints
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15:59 EDTGOOGYouTube strikes music deals, paving way for streaming service, FT says
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15:43 EDTAZNLeerink major pharma & biotech analysts hold analyst/industry conference call
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13:55 EDTGOOGYuoTube hires Zynga executive to lead consumer products group, Re/code says
Google's (GOOG) YouTube has hired Manuel Bronstein, a Zynga (ZNGA) executive, to lead its consumer products group, says Re/code. According to the Re/code report, YouTube has had a series of notable managers depart in the last year. Reference Link
13:38 EDTGOOGNew European antitrust chief needs time to resolve Google probe, Reuters says
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13:36 EDTGOOGGoogle launches Google Fiber for small businesses
Google announced that it had launched a high speed Internet service, Google Fiber, for small businesses in select areas of Kansas City. Google will charge $100 per month for the service.
13:08 EDTIBMIBM CFO says not looking for big, transformative acquisitions
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07:30 EDTZQKQuiksilver to sell Surfdome to SurfStitch Group in all-cash transaction
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07:07 EDTTHLDThreshold Pharmaceuticals receives FDA fast track designation for TH-302
Threshold Pharmaceuticals announced that the FDA granted Fast Track designation for TH-302, an investigational anticancer drug, for the treatment of previously untreated patients with metastatic or locally advanced unresectable soft tissue sarcoma, or STS. The FDA established the Fast Track designation process to facilitate the development and expedite the review of drugs intended to treat serious or life-threatening conditions and that demonstrate the potential to address unmet medical needs. An important feature of Fast Track is that the FDA may consider a "rolling review" of completed sections of the New Drug Application before the complete application is submitted.
06:03 EDTHPQQ4 global tablet shipments estimated at 74.5M units, DigiTimes reports
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November 10, 2014
13:56 EDTPGProcter & Gamble to host analyst meeting
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12:45 EDTGOOGFullscreen to acquire Rooster Teeth, terms not disclosed, Reuters reports
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10:28 EDTIBMIBM announces collaboration with with NVIDIA and Julich Supercomputing
IBM (IBM), in collaboration with NVIDIA (NVDA), and the Julich Supercomputing Center, part of the largest research center in Germany, announced plans for a new competency center to advance the creation and optimization of research applications on GPU-accelerated OpenPOWER compatible systems.
07:54 EDTCRMChecks on Salesforce.com positive, says Oppenheimer
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07:12 EDTIBMCA Technologies to hold a conference
CA World 2014 is being held in Las Vegas on November 9-12.
07:11 EDTGOOGOpen Mobile Media to hold a summit
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06:04 EDTGOOGGoogle's same-day delivery head leaves for Uber, Re/code reports
The head of Google Express' same-day delivery service, Tom Fallows, has left the company to join Uber, Re/code reported on Friday, citing sources. Reference Link
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