Jim Cramer Blog

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Oxford Industries (NYSE:OXM - News) and Robbins & Myers (NYSE:RBN - News) both report earnings after the bell on Tuesday, so watch for heightened price action and volume ahead of the close. OXM's PowerRating is 6, and RBN's PowerRating is 4.
Subprime lender New Century Financial (Nasdaq:NEWC - News) filed for bankruptcy today; NEWC's creditors include Goldman Sachs (NYSE:GS - News) and Citigroup (NYSE:C - News). NEWC does not have a PowerRating due to price restraints, GS's PowerRating is 6, and C's PowerRating is 4.
Apple (NasdaqGS:AAPL - News) and EMI announced plans to release music without the standard anti-piracy software. AAPL's PowerRating is 6.
Xerox (NYSE:XRX - News) closed its takeover deal with Global Imaging Systems (NasdaqGS:GISX - News). XRX will buy GISX for $1.5 billion. XRX's PowerRating is 6, and GISX's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: AAPL, C, GISX, GS, Hot Stocks, NEWC, OXM, RBN, XRX

Stocks traded flat to mixed for much of the day after a closely watched gauge of U.S. manufacturing activity came in weaker than expected. Late buying helped to give a modest lift to the market as stocks closed fractionally higher. The 10-year Treasury note closed unchanged, while crude oil prices also nudged higher by a few pennies.

The Institute of Supply Management's manufacturing index declined in March to 50.9 from 52.3 in February. While a reading over 50 still indicates expansion in the factory sector, analysts were looking for a reading of 52. Investors were also concerned by a rise in the ISM's price index, since it indicates inflationary pressures.
Dealmaking again caught the attention of investors. Grabbing the headlines was the $29 billion deal for First Data (NYSE: FDC - News) by Kohlberg Kravis Roberts. KKR offered $34 a share for the payments processing company, which amounted to a 26% premium over Friday's closing prices. First Data added 20.6% on the news. Subscribers can read our analysis of the First Data buyout offer in today's issue.
In other M&A news, Global Imaging Systems (Nasdaq: GISX - News) shares surged 46.9% after Xerox (NYSE: XRX - News) signed a deal to buy the seller of office-imaging products and services for $1.46 billion. Tribune Co. (NYSE: TRB - News), meanwhile, agreed to be acquired by Chicago real estate mogul Sam Zell in a deal valued at $8.2 billion. The acquisition plan contains an employee ownership structure. Tribune said it will sell the Chicago Cubs baseball team at the end of the Major League baseball season to cut its debt. In February, Zell sold his firm, Equity Office Properties, to private equity firm Blackstone Group for $23 billion.
European-based recording giant EMI Group split with other music companies and agreed to offer its songs through the Apple (Nasdaq: AAPL - News) iTunes music store without copy protections. EMI's new offerings will cost $1.29 per song, or 30 cents more than copy-protected songs on iTunes, but users will be able to more easily share their purchases with friends. EMI's artists include the Rolling Stones, Coldplay, and Norah Jones. Excluded from the deal is music from The Beatles, which though distributed by EMI, remains under the control of the band's music holding company, Apple Corps Ltd.
In other news, shares of farm and construction equipment maker Deere (NYSE: DE - News) shed -3.8% on an analyst's downgrade. Stifel Nicolaus cut its rating for Deere to "hold" from "buy." Shares of competing equipment makers CNH Global (NYSE: CNH - News) and AGCO (NYSE: AG - News) were also lower in today's trading.
Shares of MT Bank (NYSE: MTB - News) slid -8.5% after the company said that trouble in its subprime residential mortgage segment will cut its expected Q1 income. As expected, the nation's most-troubled subprime lender, New Century Financial, today filed for bankruptcy protection and fired about half of its work force.

By the BullMarket.com Staff

Labels: AAPL, AG, CNH, DE, FDC, GISX, MTB, TRB, XRX

Symbol
Name
Last Trade
Change
Volume
Related Info
GISX
GLOBAL IMAGING SYS
28.70 10:02AM ET
9.20 (47.18%)
1,724,267
Chart, Profile, More
NVAX
NOVAVAX INC
3.16 10:02AM ET
0.57 (22.01%)
4,720,435
Chart, Profile, More
FDC
FIRST DATA CP
32.70 9:57AM ET
5.80 (21.56%)
22,939,325
Chart, Profile, More
QVDX
QUOVADX INC
3.01 10:00AM ET
0.46 (18.04%)
244,097
Chart, Profile, More
SIMC
SIMCLAR INC
7.10 10:02AM ET
1.04 (17.16%)
86,608
Chart, Profile, More
EMT
EMBRATEL PARTI
16.90 9:56AM ET
2.33 (15.99%)
42,800
Chart, Profile, More
XFN
XFONE INC
2.95 9:48AM ET
0.49 (19.92%)
45,900
Chart, Profile, More
BAMM
BOOKS-A-MILLION IN
15.84 10:02AM ET
1.60 (11.24%)
99,601
Chart, Profile, More
EXX-A
E X X INC CL A
3.40 9:40AM ET
0.21 (6.58%)
3,100
Chart, Profile, More
GNVC
GENVEC INC
3.22 10:02AM ET
0.34 (11.81%)
237,560
Chart, Profile, More
ZVUE
HANDHELD ENTERTAINMT
2.88 10:02AM ET
0.13 (4.73%)
193,007
Chart, Profile, More
MEH
MIDWEST AIR GRP INC
14.6001 9:56AM ET
1.0901 (8.07%)
82,800
Chart, Profile, More
DANKY
DANKA BUS ADR
1.17 9:59AM ET
0.09 (8.33%)
51,882
Chart, Profile, More
CTTY
CATUITY INC
2.47 10:02AM ET
0.27 (12.27%)
65,138
Chart, Profile, More
TI
TELECOM ITL NEW
31.31 9:57AM ET
2.65 (9.25%)
127,400
Chart, , More
SLP
SIMULATIONS PLUS INC
10.718 9:56AM ET
0.788 (7.94%)
38,300
Chart, Profile, More
SNSA
STOLT-NIELSEN SA A
31.70 9:53AM ET
2.19 (7.42%)
10,909
Chart, Profile, More
ANS
AIRNET SYSTEMS INC
3.47 9:55AM ET
0.23 (7.10%)
14,300
Chart, Profile, More
MHJ
MAN SANG HLD INC NEW
6.40 9:50AM ET
0.38 (6.24%)
3,100
Chart, Profile, More
AVII
AVI BIOPHARMA INC
2.85 10:02AM ET
0.17 (6.34%)
196,777
Chart, Profile, More
LNX
LENOX GROUP INC
7.06 9:57AM ET
0.48 (7.29%)
51,400
Chart, Profile, More

Labels: ANS, AVII, BAMM, CTTY, DANKY, EMT, FDC, GISX, GNVC, LNX, MEH, MHJ, NVAX, QVDX, SIMC, SLP, SNSA, TI, XFN, ZVUE