BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Cramer on BloggingStocks: Sanofi has lots of upside catalysts ]]>http://www.bloggingstocks.com/2009/11/23/cramer-on-bloggingstocks-sanofi-has-lots-of-upside-catalysts/http://www.bloggingstocks.com/2009/11/23/cramer-on-bloggingstocks-sanofi-has-lots-of-upside-catalysts/http://www.bloggingstocks.com/2009/11/23/cramer-on-bloggingstocks-sanofi-has-lots-of-upside-catalysts/#commentsFiled under: , , , , , , , ,

TheStreet.com's Jim Cramer says it looks like the patent worries aren't so dire after all.

Now that we see that health care reform is not going to bring price caps or socialization of medicine, we are beginning to see some real expansion in the drug stocks, including Merck (MRK) (Cramer's Take), Bristol-Myers (BMY) (Cramer's Take) and Lilly (LLY) (Cramer's Take). But there is one drug stock that is continually met with skepticism -- Sanofi Aventis (SNY) (Cramer's Take), the French vaccine and pharmaceutical maker run by Christian Viehbacher. The resistance is obvious, as his biggest two drugs are coming off patent very soon, and his hope is that by 2013 the company might again reach 2008 levels.

Sounds like there's no reason to buy this one. Sounds like its 4% dividend isn't safe.

Continue reading Cramer on BloggingStocks: Sanofi has lots of upside catalysts

Cramer on BloggingStocks: Sanofi has lots of upside catalysts originally appeared on BloggingStocks on Mon, 23 Nov 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Christian ViehbacherChristianViehbacherfeaturedjim cramerJimCramermonplavixsanofi-aventissnyMon, 23 Nov 2009 10:00:00 EST<![CDATA[Lilly's stock meanders, but remains a Buy ]]>http://www.bloggingstocks.com/2009/10/01/lilly-s-stock-meanders-but-remains-a-buy/http://www.bloggingstocks.com/2009/10/01/lilly-s-stock-meanders-but-remains-a-buy/http://www.bloggingstocks.com/2009/10/01/lilly-s-stock-meanders-but-remains-a-buy/#commentsFiled under: ,

Eli Lilly & Co. (NYSE: LLY) stock has unexpectedly meandered since the June 8, 2009 Buy recommendation at a price of $34.10, but the aforementioned probably represents selected investor jitters about the likely, federal health care reform legislation.

Ignore those jitters. The major components of health care reform have not been determined as of September 30, 2009, but the pharma calculation remains the same as it was in June. The legislation will be net-positive for major pharmaceutical companies, under the thesis that there will be 30-45 million more U.S. residents regularly - as opposed to sporadically - accessing health care services over the next decade, not including population growth.

Continue reading Lilly's stock meanders, but remains a Buy

Lilly's stock meanders, but remains a Buy originally appeared on BloggingStocks on Thu, 01 Oct 2009 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>llyThu, 01 Oct 2009 16:40:00 EST<![CDATA[Seven dividend elites: 100 years of dividends]]>http://www.bloggingstocks.com/2009/09/02/seven-dividend-elites-100-years-of-dividends/http://www.bloggingstocks.com/2009/09/02/seven-dividend-elites-100-years-of-dividends/http://www.bloggingstocks.com/2009/09/02/seven-dividend-elites-100-years-of-dividends/#commentsFiled under: , , , , ,

"While companies have been cutting dividends at an historic pace over the last 24 months, the fact is that there are still quality companies with long histories of paying dividends that represent good long-term investments," says Chuck Carlson, a specialist in companies offering dividend reinvestment plans.

In his top-notch The DRIP Investor he says, "The seven stocks featured here have each been paying a dividend for over 100 years, have raised their dividend annually for at least the last quarter century and offer direct-purchase plans.

Continue reading Seven dividend elites: 100 years of dividends

Seven dividend elites: 100 years of dividends originally appeared on BloggingStocks on Wed, 02 Sep 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>chuck carlsonclcoca-colacolgate-palolivedividend reinvestment plansdividend stocksdrip investingeli liilyincome investingincome stockskolillyllypgppgppg industriesprocter gamblestanely workssteven halpernswkthestockadvisors.comyield stocksWed, 02 Sep 2009 17:00:00 EST<![CDATA[Options Update: DuPont and Eli Lilly calls active on dividend play]]>http://www.bloggingstocks.com/2009/08/12/options-update-dupont-and-eli-lilly-calls-active-on-dividend-pl/http://www.bloggingstocks.com/2009/08/12/options-update-dupont-and-eli-lilly-calls-active-on-dividend-pl/http://www.bloggingstocks.com/2009/08/12/options-update-dupont-and-eli-lilly-calls-active-on-dividend-pl/#commentsFiled under: , ,

DuPont (NYSE: DD) closed at $32.57. August 11 DD options were active on volume of 349,770 contracts into today's ex-dividend. DD August option implied volatility of 33; September is at 35; below its 26-week average 43 according to Track Data, suggesting decreasing price movement.

Eli Lilly (NYSE: LLY) closed at $33.18. LLY goes ex dividend today with a 49 cents dividend. On August 11 LLY options were active on volume of 28,953 contracts. LLY August option implied volatility is at 28, September is at 27; below its 26-week average of 31, suggesting decreasing price movement.

Options Update: Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: DuPont and Eli Lilly calls active on dividend play originally appeared on BloggingStocks on Wed, 12 Aug 2009 10:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ddex dividendExDividendinthenewsllyoption implied volatilityOptionImpliedVolatilityWed, 12 Aug 2009 10:20:00 EST<![CDATA[Analyst calls: MCO, VALE, GS, CSCO, PALM, LLY, JBHT, PTR]]>http://www.bloggingstocks.com/2009/07/15/analyst-calls-mco-vale-gs-csco-palm-lly-jbht-ptr/http://www.bloggingstocks.com/2009/07/15/analyst-calls-mco-vale-gs-csco-palm-lly-jbht-ptr/http://www.bloggingstocks.com/2009/07/15/analyst-calls-mco-vale-gs-csco-palm-lly-jbht-ptr/#commentsFiled under: , , , , , , , ,

Analyst upgrades:
  • Deutsche Bank upgraded HealthSouth (NYSE: HLS) and Rehabcare (NYSE: RHB) to Buy from Hold after raising its Post Acute Care sector view to Positive from Neutral. The firm believes volumes and margin leverage can drive better than expected Q2 results and 2009 guidance. The firm raised its target on HealthSouth shares to $16 from $12 and on Rehabcare to $28 from $19.
  • Jefferies upgraded Moody's (NYSE: MCO) to Hold from Underperform to reflect stabilizing credit markets and its belief regulatory concerns are overstated. The firm raised its target on shares to $30 from $19.
  • Keefe Bruyette upgraded Goldman Sachs (NYSE: GS) to Outperform from Market Perform as it finds the stock inexpensive following the better than expected results. The firm has a $195 target on shares.
  • Vale (NASDAQ: VALE) was upgraded to Buy from Neutral at BofA/Merrill.
  • CNOOC (NYSE: CEO) was upgraded to Overweight from Equal Weight at Morgan Stanley.
  • International Game Tech (NYSE: IGT) was upgraded to Buy from Neutral at Janney Montgomery.

Continue reading Analyst calls: MCO, VALE, GS, CSCO, PALM, LLY, JBHT, PTR

Analyst calls: MCO, VALE, GS, CSCO, PALM, LLY, JBHT, PTR originally appeared on BloggingStocks on Wed, 15 Jul 2009 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ceo igtCeoIgtchscscofhnhlsjbhtllymcoocspalmparplceppdiptrrhbvaleWed, 15 Jul 2009 12:00:00 EST<![CDATA[Five stocks for Father's Day from Kiplinger's ... and five more]]>http://www.bloggingstocks.com/2009/06/19/five-stocks-for-fathers-day-from-kiplingers-and-five-more/http://www.bloggingstocks.com/2009/06/19/five-stocks-for-fathers-day-from-kiplingers-and-five-more/http://www.bloggingstocks.com/2009/06/19/five-stocks-for-fathers-day-from-kiplingers-and-five-more/#commentsFiled under: , , , , , , ,

Every year I find myself asking the same question: What to get dad for Father's Day. Well, Kiplinger's offers not to get our dads the same old presents -- another tie, another power tool -- but stocks in companies he probably likes or uses their products. That's a great idea, I thought, and decided to counter with five of my own.
  • Kiplinger's suggests: Diageo (NYSE: DEO), the seller of such brands as Johnnie Walker, Smirnoff, Guinness and José Cuervo. Diageo has held up better than most during the recession -- thanks to a balanced portfolio of products, with higher exposure to mid-price, mainstream brands and less exposure to ultra-premium brands. The shares look reasonably priced. At $56.01, Diageo trades at 15 times estimated June 2009 earnings of $3.82 a share. The stock yields 2.8%.
  • Another to consider: Molson Coors (NYSE: TAP), the seller of such brands as Coors, Blue Moon, Pilsner and Rickard's. Beer, probably even more so than hard liquor is supposed to hold better during a recession given the cheaper price point. The company's recent quarterly profits more than doubled. The shares trade at 13 times forward earnings of $3.33 and yield 2.2%.

Continue reading Five stocks for Father's Day from Kiplinger's ... and five more

Five stocks for Father's Day from Kiplinger's ... and five more originally appeared on BloggingStocks on Fri, 19 Jun 2009 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bbydeodksffeaturedhdhogjosbkmxllymwpfetapFri, 19 Jun 2009 16:40:00 EST<![CDATA[Cramer on BloggingStocks: Don't fight the Obama phalanx ]]>http://www.bloggingstocks.com/2009/06/16/cramer-on-bloggingstocks-dont-fight-the-obama-phalanx/http://www.bloggingstocks.com/2009/06/16/cramer-on-bloggingstocks-dont-fight-the-obama-phalanx/http://www.bloggingstocks.com/2009/06/16/cramer-on-bloggingstocks-dont-fight-the-obama-phalanx/#commentsFiled under: , ,

TheStreet.com's Jim Cramer says there'll be a time to buy health care. But wait until the smoke clears.

Please don't tell me we are back in the world of no institutional memory again. That all that happened is we dropped enough points to freak everyone out, get the bears out of hibernation and then it is onward and upward. Nothing would shock me, especially the vehemence with which everyone hated the market again Monday.

If you replay what happened, most of the issues stemmed from statements made by the same Europeans that have said no more stimulus is needed, the same Europeans who have been in denial the whole way publicly, but believe me they have been stimulating like mad because their banks are a much larger size relative to their gross domestic product than ours and are in many ways worse off.

Continue reading Cramer on BloggingStocks: Don't fight the Obama phalanx

Cramer on BloggingStocks: Don't fight the Obama phalanx originally appeared on BloggingStocks on Tue, 16 Jun 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredjim cramerJimCramerllysykwlpzmhTue, 16 Jun 2009 10:00:00 EST<![CDATA[Time to scoop up some shares of Lilly]]>http://www.bloggingstocks.com/2009/06/08/time-to-scoop-up-some-shares-of-lilly/http://www.bloggingstocks.com/2009/06/08/time-to-scoop-up-some-shares-of-lilly/http://www.bloggingstocks.com/2009/06/08/time-to-scoop-up-some-shares-of-lilly/#commentsFiled under: ,

Readers of this space know that the investment bias is toward large-cap companies with demonstrated business models and who have a competitive advantage in established markets, preferably with a favorable, global trend as a support. And with the aforementioned in mind, Eli Lilly & Co. (NYSE: LLY) is worth a review.

In general, analysts see a 5-7% revenue gain in FY2009 for Lilly, led by growth in sales of branded drugs Cymbalta, Humalog, Cialis, and Alimta. Meanwhile, sales of Zyprexa and Gemzar are likely to decline this year.

Continue reading Time to scoop up some shares of Lilly

Time to scoop up some shares of Lilly originally appeared on BloggingStocks on Mon, 08 Jun 2009 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>alimtacialiscymbaltagemzarhumalogzyprexaMon, 08 Jun 2009 18:00:00 EST<![CDATA[Cramer on BloggingStocks: 'Tells' of the beta trade ]]>http://www.bloggingstocks.com/2009/05/04/cramer-on-bloggingstocks-tells-of-the-beta-trade/http://www.bloggingstocks.com/2009/05/04/cramer-on-bloggingstocks-tells-of-the-beta-trade/http://www.bloggingstocks.com/2009/05/04/cramer-on-bloggingstocks-tells-of-the-beta-trade/#commentsFiled under: , , , , , , , , , , , ,

TheStreet.com's Jim Cramer suggests watching certain staples for hints that the flight to riskier plays is losing steam.

Will the endless "beta" trade out of slow-moving, "safe" drugs and foods and into companies like Freeport-McMoRan (NYSE: FCX) (Cramer's Take) and Caterpillar (NYSE: CAT) (Cramer's Take) ever end?

I think it won't end here, that's for certain, unless your staples stock goes to a 5% yield and the economy's macro data show a further breakdown. If we get some retail sales that are awful and some employment numbers that show a further trashing, then we are going to see a momentary blip up in stocks like Pepsi (NYSE: PEP) (Cramer's Take) and Clorox (NYSE: CLX) (Cramer's Take), but perhaps no more than that.

Continue reading Cramer on BloggingStocks: 'Tells' of the beta trade

Cramer on BloggingStocks: 'Tells' of the beta trade originally appeared on BloggingStocks on Mon, 04 May 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>abtcatclclxfcxfeaturedgishsyjim cramerJimCramerkkmbllypepMon, 04 May 2009 10:00:00 EST<![CDATA[5% dividends you can believe in, is your pension safe? & 9 optimistic people - Today in Money 2/25]]>http://www.bloggingstocks.com/2009/02/25/5/http://www.bloggingstocks.com/2009/02/25/5/http://www.bloggingstocks.com/2009/02/25/5/#commentsFiled under: , , , , , , , , , , , , , , ,

In the News:
· Bernanke Says Recession May End in 2009
· Home Prices Plunge a Record 18.2% in 4Q: See Latest Prices: Did Your City Take a Hit?
· Microsoft Still Wants Yahoo Search Deal
· What Costs More: GE Share or Toaster?
· San Francisco's Biggest Newspaper in Danger of Closing
· Aflac CEO to Forgo $2.8 Million Bonus
· Rupert Murdoch's Daughter Snubs Dad
· United Airlines to Passengers: Enjoy Your Flight, Idiots
· Citi, Chase & AmEx Try to Get Customers to Go Away

5% Dividends You Can Believe In
Don't let other companies' dividend cuts turn you away from these high-yielders. The list includes Consolidated Edison, Eli Lilly, Genuine Parts, HJ Heinz, Pitney Bowes and Verizon.
http://www.smartmoney.com/Investing/Stocks/5-Percent-Dividend-Yields-You-Can-Believe-In/

Continue reading 5% dividends you can believe in, is your pension safe? & 9 optimistic people - Today in Money 2/25

5% dividends you can believe in, is your pension safe? & 9 optimistic people - Today in Money 2/25 originally appeared on BloggingStocks on Wed, 25 Feb 2009 08:56:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Wed, 25 Feb 2009 08:56:00 EST<![CDATA[Eli Lilly posts quarterly earnings]]>http://www.bloggingstocks.com/2009/01/29/eli-lilly-posts-quarterly-earnings/http://www.bloggingstocks.com/2009/01/29/eli-lilly-posts-quarterly-earnings/http://www.bloggingstocks.com/2009/01/29/eli-lilly-posts-quarterly-earnings/#commentsFiled under: ,

Earlier today, pharmaceutical firm Eli Lilly (NYSE: LLY) announced that it suffered a fourth-quarter loss thanks to charges suffered when purchasing ImClone Systems. Excluding these charges, LLY tallied $1.07 per share in the quarter -- topping analysts' estimates for $1.05 per share. Taking the ImClone acquisition (which cost LLY $4.73 billion in charges) into account, LLY lost $3.31 per share during the quarter. Quarterly revenue checked in at $5.42 billion.

Continue reading Eli Lilly posts quarterly earnings

Eli Lilly posts quarterly earnings originally appeared on BloggingStocks on Thu, 29 Jan 2009 15:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earningsearnings reportsEarningsReportseli lillyEliLillyfeaturedImClonepharmaceuticalsThu, 29 Jan 2009 15:15:00 EST<![CDATA[Stocks in the news: SBUX, F, LLY, MMM, LLY, MO, QCOM, ALL, WFC ...]]>http://www.bloggingstocks.com/2009/01/29/stocks-in-the-news-sbux-f-lly-mmm-lly-mo-qcom-all-wfc/http://www.bloggingstocks.com/2009/01/29/stocks-in-the-news-sbux-f-lly-mmm-lly-mo-qcom-all-wfc/http://www.bloggingstocks.com/2009/01/29/stocks-in-the-news-sbux-f-lly-mmm-lly-mo-qcom-all-wfc/#commentsFiled under: , , , , , , , , ,

Ford Motor Co. (NYSE: F) posted a loss of $5.9 billion, or $2.46 per share, in the fourth quarter, but it said that it still has no plans to seek federal aid unless economic conditions worsen. Ford burned through $5.5 billion in cash during the quarter. Excluding one-time items, Ford lost $1.37 per share, below estimates of a loss of $1.30 per share. Revenue fell to $29.2 billion, down from $45.5 billion for the fourth quarter of 2007. Ford's shares are gaining nearly 2.5% in premarket trading. Fifteen minutes after the open, Ford shares were 2.2% lower.

Starbucks (NASDAQ: SBUX) reported worse-than-expected quarterly results late Wednesday after the close, as its quarterly profit dropped 69%. It also also announced 6,700 more job cuts and plans to close 300 stores. As the company has been hurt by tighter consumer spending, it said it will not provide any sales or earnings guidance. SBUX shares are defclining over 4% in premarket trading. Fifteen minutes after the open, SBUX shares were flattish.

Continue reading Stocks in the news: SBUX, F, LLY, MMM, LLY, MO, QCOM, ALL, WFC ...

Stocks in the news: SBUX, F, LLY, MMM, LLY, MO, QCOM, ALL, WFC ... originally appeared on BloggingStocks on Thu, 29 Jan 2009 08:18:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>allamznfinthenewsllymmmmoqcomsbuxwfcThu, 29 Jan 2009 08:18:00 EST<![CDATA[Old fashioned businesses that still make money, 5 easy ways to beat money stress & fame in family - Today in Money 1/15 ]]>http://www.bloggingstocks.com/2009/01/15/o/http://www.bloggingstocks.com/2009/01/15/o/http://www.bloggingstocks.com/2009/01/15/o/#commentsFiled under: , , , , , , ,

cIn the News:
· JP Morgan Chase's Earnings Surprisingly Beats Estimates, But Some Disappointed
· Eli Lilly to Pay $1.42 Billion to Resolve Antipsychotic Drug Zyprexa Probe
· Timothy Geitner's Tax Woes Delay His Treasury Chief Hearing Until After Inauguration
· Foreclosure Filings Up Record 81% in 2008 With 2.3 Million Homeowners Facing Foreclosure
· Apple's Steve Jobs Takes Medical Leave Until June; Stock Plummets
· Motorola to Cut 4,000 More Jobs
· Delta Mulls 2,000 Job Cuts Via Early Retirement
· Google Orders Rare Round of Layoffs; Laying Off 100 Recruiters, Close Offices
· Canadian Telecommunications Giant Nortel Files for Bankruptcy
· Kellogg Pulls Peanut Butter Crackers After Recall By Supplier
· Website That Matches Married People Looking to Have affairs Denied Ad in Super Bowl

The Biggest Insurance Scheme of All Time?
UnitedHealth Group, one of the country's largest insurers, settled what may be one of the largest health insurance schemes of all time on Tuesday after allegedly cheating sick patients out of hundreds of millions of dollars. And it probably would not have happened without Mary Jerome, an advanced-stage ovarian cancer patient who finally just said "enough" after getting hit with $46,000 in medical bills - even though she had top-notch insurance coverage.
http://www.cnbc.com/id/28643259

Continue reading Old fashioned businesses that still make money, 5 easy ways to beat money stress & fame in family - Today in Money 1/15

Old fashioned businesses that still make money, 5 easy ways to beat money stress & fame in family - Today in Money 1/15 originally appeared on BloggingStocks on Thu, 15 Jan 2009 09:12:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Thu, 15 Jan 2009 09:12:00 EST<![CDATA[Stocks in the news: AAPL, JPM, BAC, GOOG, MOT, LLY, INTC, STX ...]]>http://www.bloggingstocks.com/2009/01/15/stocks-in-the-news-aapl-jpm-bac-goog-mot-lly-intc-stx/http://www.bloggingstocks.com/2009/01/15/stocks-in-the-news-aapl-jpm-bac-goog-mot-lly-intc-stx/http://www.bloggingstocks.com/2009/01/15/stocks-in-the-news-aapl-jpm-bac-goog-mot-lly-intc-stx/#commentsFiled under: , , , , , , , , ,

JPMoragn Chase (NYSE: JPM) has amazingly managed to surprise Wall Street when it reported its quarterly results this morning. Maybe that's why it decided to report six days early. JPMorgan even managed to avoid a loss in the fourth quarter, perhaps a sign it is managing much better than others during this crisis than other banks. Of course, it wasn't that rosy as its reported profit of $702 million, or 7 cents per share, was down sharply -- 76% -- from $2.97 billion, or 86 cents per share, a year ago. Analysts expected break-even results. Shares were 3% higher in premarket trading.

Apple Inc. (NASDAQ: AAPL) CEO Steve Jobs announced Wednesday after the close he is taking a medical leave of absence until the end of June. COO Tim Cook will be taking over Jobs' day-to-day operations, but Jobs said he'll still be involved in strategic decisions. When shares resumed trading in after-hours, they were down some 8%. Only last week Jobs said he suffers from a hormone imbalance that caused him to lose weight, but that he will remain CEO during his recovery. This has been quite the reversal that he says is due to his problems being "more complex" than originally thought.
This morning, also, Bloomberg reports that Jobs "could be facing surgery to remove his pancreas," according to doctors.
Apart from Jobs illness, though, Gartner has released a preliminary report on U.S. and worldwide PC shipment, which places Apple in fourth place in U.S market share at 8.0% in the fourth quarter, down from 9.5% in the third quarter of 2008.
RBC Capital Mkts downgraded AAPL from Sector Perfrom to Underperform. Oppenheimer lowered its target price from $135 to $120.
AAPL shares were down 7% in premarket trading.

Continue reading Stocks in the news: AAPL, JPM, BAC, GOOG, MOT, LLY, INTC, STX ...

Stocks in the news: AAPL, JPM, BAC, GOOG, MOT, LLY, INTC, STX ... originally appeared on BloggingStocks on Thu, 15 Jan 2009 08:14:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaplbacdnagoogintcinthenewsjpmllymotstxThu, 15 Jan 2009 08:14:00 EST<![CDATA[Cramer on BloggingStocks: Cramer bullish on the Dow for '09 -- Part IV ]]>http://www.bloggingstocks.com/2009/01/08/cramer-on-bloggingstocks-cramer-bullish-on-the-dow-for-09-p/http://www.bloggingstocks.com/2009/01/08/cramer-on-bloggingstocks-cramer-bullish-on-the-dow-for-09-p/http://www.bloggingstocks.com/2009/01/08/cramer-on-bloggingstocks-cramer-bullish-on-the-dow-for-09-p/#commentsFiled under: , , , , , , , , , , , , , , ,

TheStreet.com's Jim Cramer looks at the next six components of the Dow, including a lousy drug company and a winning financial.

This is the fourth part of Jim Cramer's series of predictions for the Dow components in 2009. Be sure to read the first, second and third parts.

JPMorgan Chase (NYSE: JPM) (Cramer's Take): Jamie Dimon is revered, but we are in a tough market for the consumer in 2009, which truly worries me. That said, the stock has been killed by Dimon's own pessimistic projections, and I don't believe they will pan out as badly as he does.

The dividend appears safe, and I believe that the second half of the year will see some lending improvement and merger activity. I see it going back to where it did a huge equity offering at $39 a share, a nice appreciation from this beaten-down level. It's good, but I believe that Wells Fargo's (NYSE: WFC) (Cramer's Take) performance will give it a run for the money.

My one worry here is the purchase of Washington Mutual. This was another deal that looked great when the Resolution Mortgage Trust part of TARP was still alive -- I don't believe that it would have been worth buying Washington Mutual without it. But that's all too late, and now JPMorgan has to rationalize the two entities and cut costs as aggressively as possible, something Jamie Dimon knows to do better than anyone in the banking world ... with the exception of Wells Fargo.

Continue reading Cramer on BloggingStocks: Cramer bullish on the Dow for '09 -- Part IV

Cramer on BloggingStocks: Cramer bullish on the Dow for '09 -- Part IV originally appeared on BloggingStocks on Thu, 08 Jan 2009 09:55:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bmydjiafeaturedgisjim cramerJimCramerjpmkftllymcdmmmmrkmsftwfcyhooThu, 08 Jan 2009 09:55:00 EST<![CDATA[Closing Bell: Stocks slide amid unemployment, banking woes; COST, LULU, NT down, AMLN, LLY gain]]>http://www.bloggingstocks.com/2008/12/11/closing-bell-stocks-slide-amid-unemplyment-banking-woes-cost/http://www.bloggingstocks.com/2008/12/11/closing-bell-stocks-slide-amid-unemplyment-banking-woes-cost/http://www.bloggingstocks.com/2008/12/11/closing-bell-stocks-slide-amid-unemplyment-banking-woes-cost/#commentsFiled under: , , , ,

Stocks fell today as financials were hit hard after a report from UBS predicted losses in the banking sector again in 2009. Jamie Dimon's interview comments didn't give any massive confidence boost either. This was the first day that there was a major move to the upside in what feels like forever, as oil was up $3.49 per barrel at $47.01 on last look. Today's weekly jobless claims data was also the worst we have seen in this part of the cycle.

Here are today's closing bell levels:
DJIA: 8,565.09 (-2.24)
S&P 500: 873.58 (-2.85)
NASDAQ: 1,507.88 (-3.68)

52-Week Lows

Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN) announced that the US FDA gave feedback on the DURATION-1 study for once/week diabetes treatment that will allow it to file a new drug application later in the first half of 2009. Shares were up 19% at $10.18 right before the close.

Costco Wholesale Corp. (NASDAQ: COST) beat earnings with $0.65 EPS vs. $0.62 estimates. Revenues were a tad light. The company said its sales were hurt by a slowdown in non-food discretionary sales and related reductions in margins associated with these sales in the latter half of the quarter.

Continue reading Closing Bell: Stocks slide amid unemployment, banking woes; COST, LULU, NT down, AMLN, LLY gain

Closing Bell: Stocks slide amid unemployment, banking woes; COST, LULU, NT down, AMLN, LLY gain originally appeared on BloggingStocks on Thu, 11 Dec 2008 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AMLNcostLLYLULUNTThu, 11 Dec 2008 16:20:00 EST<![CDATA[Stocks in the news: GM, F, BCE, COST, S, PG, LLY, MRK, AIG]]>http://www.bloggingstocks.com/2008/12/11/stocks-in-the-news-gm-f-bce-cost-s-pg-lly-mrk-aig/http://www.bloggingstocks.com/2008/12/11/stocks-in-the-news-gm-f-bce-cost-s-pg-lly-mrk-aig/http://www.bloggingstocks.com/2008/12/11/stocks-in-the-news-gm-f-bce-cost-s-pg-lly-mrk-aig/#commentsFiled under: , , , , , , , , ,

General Motors Corp. (NYSE: GM), Ford Motor Co. (NYSE: F) -- The House finally approved a bill to speed $14 billion in loans to Detroit's automakers. But it still has to pass in the Senate where Republican opposition derail the emergency aid. If the bill passes, Canada will have added pressure to match any assistance for the Big 3. The Swedes have already presented a $3.4 billion package to help their auto industry. While GM and Chrysler may be short of time as Senate debates the issue, Ford's previous decision to leverage assets could be a saving grace as it doesn't need to tap in to the emergency funds ... yet. GM shares are up 1.7% while Ford's down 2.5% in premarket trade. Both GM and Ford are trading down -- 7.6% and 4.6% respectively by 11 am -- as the Senate debate lingers on.

BCE Inc. (NYSE: BCE) -- what should have been the largest LBO in history is no longer. The group of buyers terminated the deal Thursday, saying an audit found the proposed $35 billion deal did not meet solvency requirements. As this been all but expected, the stock is down 1.6% in premarket trading (8:04 am). BCE shares were down 2.6% by 11 am.

Costco Wholesale Corp. (NASDAQ: COST) reported on Thursday that fiscal first-quarter net income rose slightly thanks to strong results from its gas station operations that helped offset weak consumer demand for pretty much everything but the most essential. While it managed to beat estimates, same-store sales were up by only 1%. COST shares were down 1.4% in premarket trade. COST shares were down 3.2% by 11 am.

Continue reading Stocks in the news: GM, F, BCE, COST, S, PG, LLY, MRK, AIG

Stocks in the news: GM, F, BCE, COST, S, PG, LLY, MRK, AIG originally appeared on BloggingStocks on Thu, 11 Dec 2008 08:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aigbcecostfgminthenewsllymrkpgsThu, 11 Dec 2008 08:15:00 EST<![CDATA[Before the bell: Set for a lower start; SNE, GS, AMZN, AMGN, DOW, XRX ...]]>http://www.bloggingstocks.com/2008/10/23/before-the-bell-set-for-a-lower-start-sne-gs-amzn-amgn-dow/http://www.bloggingstocks.com/2008/10/23/before-the-bell-set-for-a-lower-start-sne-gs-amzn-amgn-dow/http://www.bloggingstocks.com/2008/10/23/before-the-bell-set-for-a-lower-start-sne-gs-amzn-amgn-dow/#commentsFiled under: , , , , , , , , , , , , , , , , ,

U.S. stock futures once again were lower this morning, albeit more moderately, pointing to another lower start and possibly another down day following Wednesday's declines. Investors concern over the economy remained unabated, especially in light of recent and future corporate profits. This morning, weekly initial jobless claims will be released an hour ahead of the opening bell, and the numbers are expected to show yet another increase. Meanwhile, investors will continue to eye oil prices, which rebounded from a 16-month low to above $67, and foreclosures, which grew by 71% in the third quarter compared with the same period in 2007.

Sony Corp. (NYSE: SNE) drastically lowered profit and sales forecasts for the fiscal year Thursday, blaming weaker electronics sales and the stronger yen.

Goldman Sachs Group Inc (NYSE: GS) is joining many other companies recently announcing layoffs as it also plans to cut about 3,260 jobs, representing about 10% of its total staff.

Amazon.com Inc. (NASDAQ: AMZN) reported a 48% climb in profit in the third quarter on strong sales of electronics, beating analyst estimates. But the company reduced its full-year profit outlook. AMZN shares traded down 14% in after-hours action.

Continue reading Before the bell: Set for a lower start; SNE, GS, AMZN, AMGN, DOW, XRX ...

Before the bell: Set for a lower start; SNE, GS, AMZN, AMGN, DOW, XRX ... originally appeared on BloggingStocks on Thu, 23 Oct 2008 08:11:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaplamgnamznbmydowfeaturedgsinthenewsjblullymomsftsneuauaupsxrxThu, 23 Oct 2008 08:11:00 EST<![CDATA[Recycled CEOs, keeping customers in a crummy economy & 7 money traps to avoid - Today in Money 10/6]]>http://www.bloggingstocks.com/2008/10/06/r/http://www.bloggingstocks.com/2008/10/06/r/http://www.bloggingstocks.com/2008/10/06/r/#commentsFiled under: , , , , , , , , ,

In the News:
· World Markets Plunge Monday on Fears Financial Crisis Spreading
· Credit Crunch Continues as Lending Rates Rise
· Bank Failures Will Rise Over Next Year
· Bank of America to Modify Tens of Thousands of Countrywide Mortgages
· Will Citi or Wells Fargo Get Wachovia?
· Ebay to Cut 10% of Workforce (1,000 Jobs)
· Oil Falls to 8-Month Low Below $90/Barrel Amid Financial Crisis Worries
· Eli Lilly to Buy Infamous ImClone for $6.5 Billion
· CEOs Bracing for the Worst - and Everything Including Deep Payroll Deductions on Table
· Holiday Shopping May Be Worst in 35 Years for Retailers
· Pope Weights in on Financial Crisis

Keeping Customers in a Crummy Economy
With recession expectations growing, some companies are taking extraordinary steps to hold on to customers. Telephone companies' offers for two months of free service and reduced rates, discounted gym membership renewals, and generous gift cards from high-end department stores all underscore a pervasive fear on Main Street: With the uncertainty around the credit seize-up, consumers may be digging in for a long hibernation.
http://www.businessweek.com/investor/content/oct2008/pi2008103_779103.htm?campaign_id=twxa

Why Do Failed CEOs Keep Getting Rehired?
Poor stock performance? Weak sales? No matter! If you were once a C.E.O., you can surely be one again. Failed CEOs like Home Depot's Bob Nardelli who ended up at Chrysler and American Airlines' Don Carty who is leading Virgin Atlantic failed CEOs regularly end up at the helm of other companies. Here's why.
http://www.portfolio.com/executives/features/2008/10/05/Why-Failed-CEOs-Get-Rehired

Continue reading Recycled CEOs, keeping customers in a crummy economy & 7 money traps to avoid - Today in Money 10/6

Recycled CEOs, keeping customers in a crummy economy & 7 money traps to avoid - Today in Money 10/6 originally appeared on BloggingStocks on Mon, 06 Oct 2008 09:05:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Mon, 06 Oct 2008 09:05:00 EST<![CDATA[Before the bell: Stocks to plunge; WB, WFC, C, BAC, NCC, LLY, IMCL, KO ...]]>http://www.bloggingstocks.com/2008/10/06/before-the-bell-stocks-to-plunge-wb-wfc-c-bac-ncc-lly-im/http://www.bloggingstocks.com/2008/10/06/before-the-bell-stocks-to-plunge-wb-wfc-c-bac-ncc-lly-im/http://www.bloggingstocks.com/2008/10/06/before-the-bell-stocks-to-plunge-wb-wfc-c-bac-ncc-lly-im/#commentsFiled under: , , , , , , , , , , , , , , , , ,

U.S. stock futures fell Monday morning, indicating a sharply lower open on Wall Street as the world's financial crisis rather than get a boost from the $700 billion rescue plan, seemed to have deepened in Europe. This as well as economic fears depressed world markets. Most major global markets plunged at least over 4%.

Wachovia Corp. (NYSE: WB) -- After a lower court decided in favor of Citigroup (NYSE: C), a state appeals court blocked the ruling late Sunday night, thus tilting the battle over Wachovia in favor of Wells Fargo (NYSE: WFC). Both banks want Wachovia for its deposits and branches. Despite that, WB shares are down about 18% in pre-market trade, WFC's down 2.7% and C's down 3.7%.

Bank of America (NYSE: BAC) -- a subsidiary has agreed to modify loans to tens of thousands of borrowers -- previously Countrywide Financial clients -- in 11 states that would enable them to keep their homes, or even help them move to a new home. If all 50 states were to join, the settlement could provide $8.7 billion in relief to 400,000 borrowers. BAC shares are down 4.3% in pre-market action.

National City Corp. (NYSE: NCC) shares are down over 22% in pre-market action as its debt was downgraded by Fitch Ratings.

Continue reading Before the bell: Stocks to plunge; WB, WFC, C, BAC, NCC, LLY, IMCL, KO ...

Before the bell: Stocks to plunge; WB, WFC, C, BAC, NCC, LLY, IMCL, KO ... originally appeared on BloggingStocks on Mon, 06 Oct 2008 08:13:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>adbebacbmycgoogimclinthenewskollynccsbuxwbwfcyhooMon, 06 Oct 2008 08:13:00 EST