Jim Cramer Blog

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Intel (NasdaqGS:INTC - News) beat earnings expectations on Tuesday afternoon, announcing $0.31 EPS over an expected $0.30 EPS. INTC's PowerRating (for Traders) is 6.
AMB Property (NYSE:AMB - News) beat earnings on Tuesday after the close, announcing $0.99 EPS over an expected $0.82 EPS. AMB's PowerRating (for Traders) is 7.
Altria (NYSE:MO - News) reports earnings on Wednesday morning before the bell, with analysts looking for $1.14 EPS. MO's PowerRating (for Traders) is 5.
Coca-Cola (NYSE:KO - News) should report $0.68 EPS before the market opens on Wednesday morning. KO's PowerRating (for Traders) is 5.
JP Morgan Chase (NYSE:JPM - News) is looking to announce $0.91 EPS on Wednesday morning before the market opens. JPM's PowerRating (for Traders) is 5.
Analysts will be watching for Piper Jaffray (NYSE:PJC - News) to report $0.56 EPS on Wednesday morning. PJC's PowerRating (for Traders) 7.
United Tech (NYSE:UTX - News) should announce $1.16 EPS on Wednesday morning. UTX's PowerRating (for Traders) is 6.

Labels: AMB, Hot Stocks, INTC, JPM, KO, MO, PJC, UTX

Abercrombie & Fitch Co. (NYSE:ANF - News) said a special litigation committee established by the board found that there is no evidence to support claims asserted in certain derivative lawsuits brought against current and former directors and management, including Chairman and Chief Executive Michael Jeffries.
AMB Property Corp. (NYSE:AMB - News) said its board has raised the quarterly cash dividend 8.7% to 50 cents per share. The dividend is payable April 16 to shareholders as of April 6.
Bare Escentuals Inc. (NasdaqGS:BARE - News) filed with the Securities and Exchange Commission to offer 12 million shares. The beauty products company said it's offering 575,000 of the shares, while selling stockholders are offering an additional 11.4 million shares.
Gilead Sciences Inc. (NasdaqGS:GILD - News) said the Food and Drug Administration has granted priority review status to its new drug application for ambrisentan, a treatment for pulmonary arterial hypertension.
Harley-Davidson Motor Co. (NYSE:HOG - News) said it has reached a tentative labor agreement with representatives of the International Association of Machinists and Aerospace Workers Local 175 in York, Pa. The motorcycle manufacturer said the agreement is subject to membership ratification, adding that it expects members to vote the week of Feb. 19. If approved, the agreement would end a strike by 2,800 unionized employees in York that began Feb. 2.
K2 Inc. (NYSE:KTO - News) said it has named J. Wayne Merck president, chief executive, and board member. The provider of sporting and recreational products said Merck, who has been president and chief operating officer since November of 2003, succeeds Richard Heckmann as CEO.
Krispy Kreme Doughnuts Inc. (NYSE:KKD - News) said it has closed a new senior secured credit facility of $160 million, made up of a $50 million revolving credit facility and a $110 million term loan. The doughnut retailer said proceeds of the term loan were used to repay about $107 million outstanding balance under the company's prior credit facility, and to pay fees and expenses related to the new financing and the retirement of the prior facility.
Power-One Inc. (NasdaqGM:PWER - News) said Chief Financial Officer Paul Ross plans to resign to accept another position. The maker of power conversion products named Jeffrey Kyle to succeed Ross as CFO.
Scotts Miracle-Gro Co. (NYSE:SMG - News) said its board has declared a one-time cash dividend of $8 per share. The dividend is payable March 5 to shareholders as of Feb. 26.
Don Ackerman, chairman of WCI Communities Inc. (NYSE:WCI - News), said Carl Icahn's plans to run his own slate of candidates for the WCI Board "would be highly disruptive to our company and not in the best interests of all our shareholders."
Xerox (NYSE:XRX - News) said it expects 2007 operating cash flows to fall to a range of $1.2 billion to $1.5 billion from $1.6 billion last year. The forecast confirms an estimate for cash flows made at an investor meeting in November.
Published By MarketWatch

Labels: AMB, ANF, BARE, GILD, HOG, KKD, KTO, PWER, SMG, WCI, XRX

AMB Property Corp., a San Francisco-based owner of industrial real estate, said Wednesday that it named Tom Olinger as its new chief financial officer and Nina Tran as the new chief accounting officer.
Olinger comes to AMB from Oracle Corp., (NASDAQ: ORCL - News) where he was corporate controller. Prior to joining Oracle in May 2002, Olinger was at Arthur Andersen for 14 years, including three years as a partner in the firm's U.S. real estate group. His appointment as AMB's CFO is effective March 1.
Olinger succeeds Michael Coke, whose decision to retire was previously announced.
AMB (NYSE: AMB - News) also said that Nina Tran, its senior vice president, finance, has been appointed as chief accounting officer, replacing Coke in this role. Tran, who joined AMB in 1995, is responsible for AMB's global accounting operations, external reporting and Sarbanes-Oxley compliance.
Coke will continue to serve as executive vice president during a transition period, which is currently expected to be completed by the company's second quarter earnings.
Published by San Francisco Business Times

Labels: AMB, ORCL