New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 21, 2012
22:26 EDTZAGG, RRD, RL, FUN, AAPL, NFLX, REGN, VFC, HD, AEP, WM, CRM, HBI, PVH, JNJ, EOGJim Cramer's "Mad Money"
Jim Cramer said, "Once people feel stocks aren't the enemy, we'll head higher". He pondered the significance of the Dow hitting 13,000- and said "this milestone matters". Professional investors tend to focus on the S&P 500, but for smaller investors, retail investors, Dow 13,000 could be significant. Breaking 13,000 could be just want the little guys need to jump back in, Cramer says. Long-term, stocks are still the best game in town when compared to bonds, U.S. treasuries and bank CDs, he noted. Cramer remained bullish on high-yielding dividend stocks, names like Cedar Fair (FUN) and American Electric Power (AEP), especially given that dividends receive special tax treatments. EXECUTIVE DECISION: Cramer spoke with Mark Papa, chairman and CEO of EOG Resources (EOG), which delivered a 28c earnings beat on a 55% rise in revenues last week. Shares of EOG are currently trading below where it reported those stellar numbers. Papa said that despite what Wall Street thinks, he's very comfortable with the company's game plan and will continue to reduce natural gas production and ramp up oil and liquids production until natural gas prices stabilize. His outlook on oil prices however, remained strong. Papa estimated the price of oil to be between $100-$110 a barrel, barring a conflict in Iran, based simply on rising worldwide demand. Cramer remained bullish on EOG, telling investors that the company is still one of his favorite oil plays. OFF THE CHARTS: Cramer and colleague Dan Fitzpatrick went over the chart of Apple (AAPL). Fitzpatrick said the rally appears done, for now, until all of the momentum players get flushed out of the stock. Fitzpatrick's only caveat, if Apple were to break through its highs of $526 a share, then the stock would be poised for still another move higher. Cramer said he doesn't care about the charts when it comes to Apple. He said that earnings power is all that matters for this tech juggernaut. With the company elected to earn upwards of $55 a share in earnings, Cramer said he would step up and buy Apple on any weakness. Next, Cramer once again welcomed David Steiner, president and CEO of Waste Management (WM), to the show for an update on the company's outlook. Steiner said that Waste Management is seeing a steady recovery in trash volumes, a trend he expects to see continue throughout 2012. Cramer gave kudos to Steiner for the company's near 4% dividend yield and reiterated his buy recommendation on the the stock. NO HUDDLE OFFENSE: Gas prices are clearly hinged on the building conflict with Iran. Cramer said that gas prices won't likely go lower until the conflict is resolved or the world economy slows to where demand for gasoline falls dramatically. CLOSING COMMENTS: Cramer removed outgoing Johnson & Johnson (JNJ) CEO, William Weldon, from his Wall of Shame list of the worst CEO's. He said that after so many product recalls under Weldon's tenure, wealth will have to be created for J&J shareholders now that he's retiring. Cramer also had bullish words for Home Depot (HD), which reported a strong quarter Tuesday. LIGHTNING ROUND: (Bullish) RL; PVH; VFC. (Bearish) RRD; HBI; REGN; ZAGG; CRM; NFLX. Reference Link
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 >>
September 24, 2015
08:33 EDTREGNRegeneron and Icahn School of Medicine enter antibody research agreement
Regeneron and The Experimental Therapeutics Institute at the Icahn School of Medicine at Mount Sinai today announced that they have entered into an agreement with the goal of accelerating the discovery of fully human antibodies directed against therapeutic targets being researched by Mount Sinai investigators. Regeneron will provide the ETI with access to VelocImmune technology and potential financial support to use the company's proprietary antibody discovery platform to generate antibodies against targets of interest and explore potential therapeutic applications for human disease. ETI will undertake preclinical research, and Regeneron has an exclusive option to negotiate a license to the antibody for future clinical development and commercialization.
08:32 EDTRLCiti ups Ralph Lauren to Buy on valuation, cost savings
Citi analyst Kate McShane upgraded Ralph Lauren to Buy from Neutral and lowered her price target for shares to $125 from $134. Shares are trading at their lowest price-to-earnings ratio since mid-2010, McShane tells investors in a research note. Further, the estimated $100M in cost savings from the company's restructuring is likely conservative, the analyst believes. McShane feels new initiatives including Polo Sport, Polo Women's and Chaps could improve Ralph's longer term top-line trends.
07:47 EDTRLRalph Lauren upgraded to Buy from Neutral at Citi
Subscribe for More Information
07:44 EDTHDAtlanta Society of Finance & Investmen Professionals holds breakfast meeting
Subscribe for More Information
07:41 EDTAEPMitsubishi UFJ to hold a conference
Subscribe for More Information
07:20 EDTAAPLApple well positioned to introduce a car, says Jefferies
Jefferies analyst Sundeep Bajikar says his analysis indicates the automobile industry is "ripe for disruption" and that Apple (AAPL) is well positioned to introduce a car, potentially as early as 2019. A car could add 32c to Apple's earnings per share in FY19 under a best-case scenario, Bajikar tells investors in a research note. He assumes a $55,000 car price and an operating margin of 20%, over 1,000 basis points higher than the Street's 2019 margin estimate for electric carmaker Tesla (TSLA). Investors are likely to find the assumptions "highly aggressive," the analyst cautions. Meanwhile, the potential earnings impact is probably not big enough for Apple investors to get excited, Bajikar argues. However, he says he could get more constructive on Apple shares if diversification in earnings were to drive less iPhone risk. Bajikar keeps a Hold rating on the iPhone maker with a $126 price target. Apple closed yesterday up 92c to $114.32.
06:34 EDTAAPLApple 'A10' processor may switch to six-cores, AppleInsider reports
Subscribe for More Information
06:08 EDTAAPLSamsung Pay has over $30M in accumulated transaction volume in first month
Subscribe for More Information
05:29 EDTCRMSalesforce implied volatility of 32 at lower end of index mean range
Subscribe for More Information
September 23, 2015
20:08 EDTAAPLChinese president visits U.S. amid cybersecurity, copyright worries
As part of his first official U.S. visit, Chinese president Xi Jinping held a meeting with American business leaders on Wednesday to address concerns of copyright infringement and cybersecurity, among numerous topics. In attendance were corporate giants from both nations, including Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), Cisco (CSCO), Alibaba (BABA), Tencent (TCEHY), and Baidu (BIDU), according to media reports. COPYRIGHT CONCERNS: Responding to oft-cited concerns of copyright infringement by Chinese companies, Xi said China will "stand firm to protect" the intellectual property rights of American companies, according to Wall Street Journal coverage of the event. Note that in late 2014, China began establishing specialized courts to deliberate on intellectual property rights cases, and Xi commented Wednesday that "the newly established IPR courts are working smoothly. This means there will be much stronger IPR protection which will serve the interests of foreign businesses as well as Chinese companies." Chinese consumer electronics company Xiaomi is perhaps the most talked-about firm when it comes to the matter, with media outlets frequently criticizing its alleged "copying" of Apple design sensibilities. In mid-July, Xiaomi VP of global operations Hugo Barra told Bloomberg that the company is preparing to enter U.S. markets, though he cautioned that the launch could be "much more" than a year away as it seeks to build up its patent portfolio. CYBERSECURITY TENSIONS: Wednesday's meeting comes in the wake of numerous high-profile "hack attacks," with Sony (SNE), American Airlines (AAL), Anthem (ANTM), United Airlines (UAL), and Target (TGT) all reporting digital security breaches in recent years. Xi has consistently denied the involvement of state-backed hackers, but tensions have nevertheless arisen as cybersecurity firms such as FireEye (FEYE) and Palo Alto Networks (PANW) backtrace connections to the country. Cybersecurity intrusions originating from China have recently slowed ahead of Xi's visit, according to Reuters, with Kevin Mandia of security firm Mandiant telling the publication, "In my gut, I feel like the Chinese and the U.S. over the next couple of years are going to figure this out."
16:00 EDTAAPL, NFLXOptions Update; September 23, 2015
iPath S&P 500 VIX Short-Term Futures down 53c to 23.81 Option volume leaders: AAPL NFLX BAC FB BABA DOW RIG MU FCX PBR XOM JPM
15:27 EDTAAPLAlibaba unveils low-priced, payments-focused smartwatch, VentureBeat reports
Alibaba (BABA) has unveiled Pay Watch, a smartwatch to be priced at $160 and lower that supports mobile payments through the company's Alipay platform, said VentureBeat, which notes that there is still no official English-language announcement on the device. Some health features are also being advertised and comparisons to Apple's (AAPL) Watch "seem inevitable," though "certainly not on price," the blog added. Reference Link
11:50 EDTNFLXStocks with call strike movement; EWZ NFLX
Subscribe for More Information
11:19 EDTAAPLApple security breach larger than first thought, Sky News says
Subscribe for More Information
09:33 EDTAAPLActive equity options trading on open: AAPL BBRY BIDU BIIB
Subscribe for More Information
09:24 EDTAAPLT-Mobile announces $5 per month offer on iPhone 6s
On the cusp of iPhone 6s and iPhone 6s Plus availability, T-Mobile unveiled a $5 a month for iPhone 6s 16GB and $9 a month for iPhone 6s Plus 16GB with JUMP! On Demand and trade-in of an iPhone 6 or iPhone 6 Plus. T-Mobile's new pricing builds on the Un-carrier's straightforward $20 a month for a new iPhone 6s 16GB with JUMP! On Demand without a trade-in.
09:18 EDTAAPLPaulson Institute and CCPIT to co-host U.S.-China Business Roundtable
The Paulson Institute and the China Council for the Promotion of International Trade (CCPIT) provide an opportunity for U.S. and Chinese business leaders to discuss issues facing the two countries in a roundtable being held in Seattle, Washington on September 23.
07:53 EDTJNJUBS medical supplies & devices analyst holds an analyst/industry conference call
Subscribe for More Information
07:28 EDTAAPLApple installment plans may accentuate seasonality, says UBS
Subscribe for More Information
05:32 EDTCRMSalesforce implied volatility of 32 at lower end of index mean range
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use