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Stock Market & Financial Investment News

News Breaks
February 23, 2012
20:19 EDTZQK, AZN, AGNC, CNX, CRM, WFT, THLD, GOOG, PG, NLY, HPQ, OPEN, VVUS, IBMJim 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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April 23, 2015
06:57 EDTPGProcter & Gamble to offset forex with pricing, mix enhancement, cost reduction
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06:56 EDTPGProcter & Gamble reports Q3 core EPS 92c, consensus 92c
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April 22, 2015
19:00 EDTWFTWeatherford reports increased cost reduction initiatives
Weatherford's headcount at the end of Q1 dropped to 49K from 56K at the start of the year. The company's current 18% headcount reduction goal for the year will leave it with about 39K employees in its core businesses and 6K rig employees. The company has increased its 2015 reduction in force exercise to target 10K positions, in place of the previously announced 8K, with the bulk of the increase coming in North America. By the end of Q1, 6,449 terminations had been completed resulting in expected annualized savings of over $422M. The company expects to complete the entire revised program of 10K terminations by the end of Q2 generating expected annualized savings of $640M. The company had also planned to shut down seven manufacturing facilities during the year. Of these, two were closed in Q1 with four more planned for Q2 and the seventh being targeted for closure in Q3. Separately, the company plans to shut down and consolidate 60 operating facilities across North America by the end of the year. The procurement savings initiative is on track.
18:54 EDTWFTWeatherford reports Q1 non-GAAP EPS (4c), consensus 1c
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16:31 EDTZQKRyan Drexler calls for Quiksilver to immediately explore options to sell company
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15:50 EDTPGNotable companies reporting before tomorrow's open
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15:30 EDTWFTNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include eBay (EBAY), consensus 70c... Facebook (FB), consensus 40c... Texas Instruments (TXN), consensus 62c... Las Vegas Sands (LVS), consensus 72c... Qualcomm (QCOM), consensus $1.33... AT&T (T), consensus 62c... F5 Networks (FFIV), consensus $1.50... Plexus (PLXS), consensus 69c... Skechers (SKX), consensus $1.01... Select Comfort (SCSS), consensus 41c... Tractor Supply (TSCO), consensus 41c... Covanta (CVA), consensus (8c)... Crown Castle (CCI), consensus $1.09... Torchmark (TMK), consensus $1.05... Ameriprise (AMP), consensus $2.33... Polycom (PLCM), consensus 21c... Citrix (CTXS), consensus 65c... Core Laboratories (CLB), consensus 85c... Graco (GGG), consensus 78c... Cheesecake Factory (CAKE), consensus 48c... Equifax (EFX), consensus $1.02... SLM (SLM), consensus 7c... Xilinx (XLNX), consensus 50c... O'Reilly Automotive (ORLY), consensus $1.94... Susquehanna (SUSQ), consensus 18c... Raymond James (RJF), consensus 83c... SL Green Realty (SLG), consensus $1.49... CoreLogic (CLGX), consensus 31c... Oceaneering (OII), consensus 62c... Valmont (VMI), consensus $1.49... Brandywine Realty (BDN), consensus 32c... Weatherford (WFT), consensus 1c.
15:12 EDTPGProcter & Gamble technical comments before earnings
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15:10 EDTPGEarnings Watch: Procter & Gamble to report Q3 results after forex warnings
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13:39 EDTHPQAnalyst warns competition growing in 3D printing space
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13:38 EDTGOOGGoogle to offer basic wireless service for $20 per month
Google says, "We offer one simple plan at one price with 24/7 support. Here's how it works: for $20 a month you get all the basics, and then it's a flat $10 per GB for cellular data while in the U.S. and abroad. 1GB is $10/month, 2GB is $20/month, 3GB is $30/month, and so on. Since it's hard to predict your data usage, you'll get credit for the full value of your unused data. Let's say you go with 3GB for $30 and only use 1.4GB one month. You'll get $16 back, so you only pay for what you use."
13:37 EDTGOOGGoogle introduces Project Fi, to partner with Sprint, T-Mobile
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11:08 EDTHPQ, CRMOptions with increasing implied volatility
Options with increasing implied volatility: CZR FMSA PSEC CSX AEO CRM BBY SPLS HPQ DTV
09:17 EDTGOOGAmazon.com upgraded to Buy, price target raised to $450 at Monness Crespi
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08:13 EDTIBMPSA Peugeot CitroŽn and IBM announce partnership
PSA Peugeot CitroŽn and IBM announced a partnership to help various industries within the Internet of Things economy to analyze data to deliver new services from connected vehicles. The companies are expanding their partnership announced last year to develop connected services for PSA vehicles by now enabling other industries and companies to propose new added values services in their vehicles. The seven-year agreement will focus on commercializing services and building next-generation technical solutions necessary to deliver connected services.
08:13 EDTTHLDThreshold: data suggest TH-4000 may overcome conventional EGFR-TKIs resistance
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08:10 EDTGOOGWix.com to benefit from Google algorithm change, says FBR Capital
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08:04 EDTAZNBIND Therapeutics presents data on BIND-014, AZD2811 at AACR
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06:06 EDTGOOGGoogle, Facebook seek to reach billions of people without Web access, WSJ says
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06:01 EDTGOOGGoogle could launch wireless service today, WSJ reports
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