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Friday, February 23, 2007

Jim Cramer's Mad Money Lightning Round Feb. 22

Jim Cramer, Mad Money, Lightning Round, AUY, CAL, GDI, HAL, CSCO, SYT, DE, BG, MON, MET, SMG, SYX, NTES, BIDU, ICE, AAI, NFI
Bullish calls:
Anglo American (Other OTC: AAUKF.PK - News): 'I was recommending AAUK at $25.60, but you know something? It's still there, but it's doubled ... I like it just as much, but not as much as AUY.'Yamana Gold (NYSE: AUY - News)Continental Airlines (NYSE: CAL - News): 'We like CAL on this program, because it was the first to turn, and the first to actually run like a business.'Arris Group (NasdaqGS: ARRS): ' I was very concerned. We recommended this stock lower, and then they did this acquisition - the Tanberg TV acquisition - I was kind of freaking out... It looks like people are liking it. The quarter was good ... I've got to stick with it, because the crowd likes the merger, and I like the earnings.'Crocs (NasdaqGS: CROX): 'Bears try to push it down. We're wise to their game ... When a company comes out with a great quarter, you hit it with everything you have; you knock it down, and then you try to get the bulls worried... It's the bears that are going to be wrong. CROX is going to roar back ... It's still the best trade around for the next 6 months.'Gardner Denver (NYSE: GDI - News): 'I felt that, when the air compressor group was all being taken over, a couple of weeks ago, we'd see a deal for GDI. This is a great compressor company.'Halliburton (NYSE: HAL - News): ' ... by the way, did anyone see Prince HAL changing to King HAL today, on a breakout? I still love the oil service plays.'MRV Communications (NasdaqGM: MRVC): 'I recommended the stock lower... maybe about 20% lower. It's a split-up play. I think you've got $5 in pin action here. I want you to hold it. Here's the deal: MRVC is one of these component plays that I think is going to get carried up, along with CSCO. I am not - for a minute - leaving this table, even though we're up about 20%. I want you to stay in.'Cisco (NasdaqGS: CSCO) Syngenta (NYSE: SYT - News): 'SYT's one of the sainted plays, along with BG, DE and MON, and LNDC. It is all about energy as corn, and corn as energy, and soy as energy, and all that stuff that means absolutely nothing, but we love on Mad Money. And you should stick with it.'Deere (NYSE: DE - News)Bunge (NYSE: BG - News)Monsanto (NYSE: MON - News)Landec (NasdaqGS: LNDC)MetLife (NYSE: MET - News): 'You know, stick with it. This is the best in show. This is the best of breed. It has surpassed everybody else in that industry. You've got a winner.'The Scotts Miracle-Gro (NYSE: SMG - News): 'People have been abandoning this stock left and right since the tender offer. I think that's a mistake. I want to step up, ahead of the spring planting season.'Rofin-Sinar Techs (NasdaqGS: RSTI): 'When I do laser, I'm going with RSTI. That's the play.'
Neutral calls:
Systemax (NYSE: SYX - News): 'Why did I like this stock? You know what? I am not going to cuff this. I need more time on SYX. I liked it lower. I don't know whether to stick with it... '
Bearish calls:
Netease.com (NasdaqGS: NTES): 'I don't trust the communist Chinese! Don't buy, don't buy. Including NTES, and including BIDU.'Baidu.com (NasdaqGM: BIDU)IPG Photonics (NasdaqGM: IPGP): 'This is a laser stock and, you know when I do laser, I'm going with RSTI. That's the play.'Intercontinental Exchange (NYSE: ICE - News): 'Don't be a pig. This stock is up a total of 226% year over year. Take it off the table!'AirTran (NYSE: AAI - News): 'You know, I've looked at this. I think that this is a second-rate player.' We like CAL on this program, because it was the first to turn, and the first to actually run like a business.'JetBlue Airways (NasdaqGS: JBLU)NovaStar Financial (NYSE: NFI - News): 'No, no. no. You are not in the house of pain, my friend. You are in a virtual hemisphere of pain. You may be in a galaxy of pain. I feel that it's still not too late to sell NFI ... if you want to the bottom game - you are swimming where you can't see the bottom. Maybe it's 12 inches, maybe it's 12 feet. Anyway, it's too dangerous for me!'Florida Rock (NYSE: FRK - News): 'You sell FRK right now. You ring the register. You had a great hit. Don't give it back. You never know when the anti-trust department... is going to block that anti-competitive deal ... You're a winner. Let's find the next one!'Pfizer (NYSE: PFE - News): 'Oh, c'mon man! Get a life! Move on.'

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Tuesday, February 20, 2007

Tuesday's Biggest Stock Gainers

AT, AMT, BYD, CRME, NYNY, FRK, VMC, FOSL, HOG, KBW, LSCO, DE, MOVI, BABY, NRPH, OPTN, ROAC, SMG, SCI
Alltel Corp.'s (NYSE:AT - News) fourth-quarter net income fell to $215.9 million, or 58 cents a share, from $255.1 million, or 66 cents a share, a year ago. Earnings from continuing operations were 63 cents a share in the latest quarter. A Thomson Financial survey of analysts, on average, predicted earnings of 59 cents a share for the quarter. Analysts' estimates usually exclude items. The Little Rock, Ark., wireless communications provider said revenue rose 14% to $2.09 billion from $1.84 billion year ago. The company added 228,000 net customers in the quarter, an increase of 55% from the same period last year.

American Tower Corp. (NYSE:AMT - News) swung to a fourth-quarter net profit of $18.3 million, or 4 cents a share, from a loss of $90.7 million, or 22 cents a share in the year-earlier period. Revenue rose to $337.6 million from $307.6 million driven by growth in the firm's rental and management segment. Analysts polled by Thomson Financial had forecast earnings of 4 cents a share on revenue of $336 million. The company also said its board of directors has approved a $1.5 billion share buyback program. For 2007, the company said it expects to achieve income from continuing operations of $77 million to $93 million.
Boyd Gaming Corp. (NYSE:BYD - News) said its fourth-quarter income from continuing operations rose to $83 million, or 63 cents a share, from $35.7 million, or 28 cents, a year earlier. The average earnings estimate of 22 analysts surveyed by Thomson Financial was 39 cents a share. The Las Vegas company said gross revenue for the three months ended Dec. 31 fell to $579 million from $601.4 million.
Cardiome Pharma Corp. (NasdaqGM:CRME - News) and partner Astellas Pharma (Other OTC:ALPMF.PK - News) said the U.S. Food and Drug Administration accepted for review a new-drug application for the intravenous formulation of vernakalant hydrochloride, an investigational new drug for the acute conversion of atrial fibrillation.
Empire Resorts' (NasdaqCM:NYNY - News) shares leapt after New York Gov. Eliot Spitzer issued a "concurrence" to an April 2000 finding that a gambling operations in Sullivan County run by the St. Regis Mohawk Tribe would be in the best interests of the tribe and wouldn't hurt the surrounding communities. Empire, Las Vegas, said a gubernatorial concurrence is required by the Indian Gaming Regulatory Act of 1988. Empire said Spitzer also signed the Tribal-State Compact Amendment, authorizing gaming at a Monticello, N.Y., site where the tribe plans to build a casino.
Florida Rock Industries (NYSE:FRK - News) shares rose after Vulcan Materials (NYSE:VMC - News) reached a deal to acquire the company for about $4.6 billion in cash and stock. The consideration values Florida Rock shares at about $68.03 each, based on Friday's close.
Fossil Inc. (NasdaqGS:FOSL - News) said it earned $38.2 million, or 55 cents a share, in the fourth quarter, according to preliminary data. The Richardson, Texas-based apparel retailer said it's still reviewing its stock option granting practices and that the timing of the filing of its official results with the SEC remains uncertain. Sales rose 20.5% to $390.8 million from $324.2 million. Analysts polled by Thomson Financial were looking for earnings of 46 cents a share on sales of $367.3 million. Fossil said it now expects sales to grow in the low double-digits in 2007, while margins continue to improve.
Harley-Davidson (NYSE:HOG - News) has reached a tentative agreement with representatives of the International Association of Machinists and Aerospace Workers Local 175 in York, Pa. The motorcycle manufacturer said it expects the membership to vote on the deal during the week of Feb. 19. If approved, the agreement would end a strike by 2,800 unionized employees in York that began Feb. 2.
KBW Inc. (NYSE:KBW - News) reported fourth-quarter earnings of $25.4 million, or 87 cents a share, up from a year-ago profit of $7.3 million, or 26 cents a share. Revenue surged almost 32% to $120.2 million for the latest quarter. On a non-GAAP basis, adjusted for IPO restricted stock awards, the New York investment bank said it earned $26.5 million, or 90 cents a share, in the quarter.
Lesco (NasdaqGM:LSCO - News) shares surged after the Cleveland maker of lawn-maintenance products agreed to be acquired by Deere & Co. (NYSE:DE - News) for $14.50 a share. Lesco shares closed Friday at $10.43, indicating that Deere is paying a 39% premium for the shares.
Movie Gallery (NasdaqGM:MOVI - News) said it expects revenue of about $2.54 billion for fiscal 2006. The Dothan, Ala., movie rental company sees total same-store revenue slipping 2.9% in the fourth quarter. It anticipates operating income of $24 million for the fourth quarter and $102 million for the full year. The company also said its management plans to meet with prospective senior lenders in New York City on Tuesday in relation to its previously disclosed financing transaction.
Natus Medical (NasdaqGM:BABY - News) shares advanced after the San Carlos, Calif.-based healthcare products company reported fourth-quarter net earnings of $512,000, or 2 cents a share, down from $2.46 million, or 13 cents a share, last year. Excluding certain items, earnings in fourth quarter 2006 came in at 13 cents a share. Revenue rose to $28.8 million from $12.6 million. Analysts polled by Thomson Financial were expecting a per-share profit of 12 cents ion revenue of $28 million. Natus increased its full-year 2007 earnings forecast to a range of 49 cents to 52 cents a share on revenue of $115 million to $117 million.
New River Pharmaceuticals (NasdaqGM:NRPH - News) agreed to be acquired by Shire plc (Other OTC:SHPGF.PK - News) for $64 per share in cash, or roughly $2.6 billion.
Option Care (NasdaqGS:OPTN - News) reported fourth-quarter earnings of $6.7 million, or 19 cents a share, up from a restated year-ago profit of $6.2 million, or 18 cents a share. Revenue rose in the latest three months to $194.2 million from $142.4 million in the same period a year earlier. The average estimate of analysts polled by Thomson Financial was for a profit of 19 cents a share in the December period. Looking ahead, the Buffalo Grove, Ill., healthcare services provider said it expects earnings of 73 to 78 cents a share in fiscal 2007 on sales of between $785 million and $815 million. Wall Street's current consensus estimate is for a profit of 78 cents a share in 2007.
Rock of Ages Corp. (NasdaqGM:ROAC - News) reported fourth-quarter earnings from continuing operations of $1.5 million, or 20 cents a share, up from a year-ago equivalent profit of $672,000, or 9 cents a share. Sales at the Concord, N.H., granite company slid 9% to $23.4 million from $25.5 million a year earlier.
Scotts Co. (NYSE:SMG - News) said the board declared a one-time cash dividend of $8 per share. The dividend is payable March 5 to holders as of Feb. 26.
Service Corporation International (NYSE:SCI - News) increased its buyback authorization to $200 million, a boost of $164 million from its prior approval, and forecast earnings from continuing operations of 46 to 52 cents a share for fiscal 2007 with funeral revenue expected between $1.5 billion and $1.6 billion and cemetery revenue projected to range from $700 million to $740 million.

Published By MarketWatch

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Sunday, February 18, 2007

Stocks In Focus Tuesday

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

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Tuesday, December 12, 2006

Tuesday's Biggest Gainers

Epix Pharmaceuticals (NASDAQ:EPIX - News) shares soared 30% after it entered into a drug discovery and development pact with GlaxoSmithKline (NYSE:GSK - News). As part of deal, Epix will receive an upfront payment of $35 million, which includes $17.5 million from the sale of 3 million shares of its common stock. Epix will also be eligible for up to $1.2 billion for the achievement of certain milestones, and royalties on product sales.
Imperial Sugar Co. (NASDAQ:IPSU - News) shares jumped 15% after it reported that it swung to a fiscal fourth-quarter profit from a year-earlier loss and declared a $3 special dividend. For the quarter ended Sept. 30, Imperial earned $15.7 million, or $1.36 a share, compared with a loss of $20.3 million, or $1.92, in the year-earlier period. Continuing operations produced earnings of $1.34 compared with a loss of 26 cents. Sales reached $240.3 million, up 6.1% from $226.6 million. In a statement, Imperial said gross-profit margin widened to 15.5% from 4.7%, primarily because of higher sales prices, offset by higher energy, freight and raw-sugar costs. The special dividend, which comes in addition to the company's regular dividend, is payable Jan. 5 to holders of record Dec. 26. Looking ahead, Imperial said fiscal 2007 prices and margins probably will lag 2006 levels, offset partly by reduced raw-sugar and energy costs. The combination of factors leads the company to believe it can "maintain a profit outlook that is superior to historical averages," Imperial said.
Mama.com Inc. (NASDAQ:MAMA - News) shares surged 81% after the company said it's launched its video search engine in beta format in partnership with the Pixsy Media Search platform.
Shares of Nymox Pharmaceuticals (NASDAQ:NYMX - News) rose 8.3% after the company said it's developing NXC-4720 for the reduction of E-Coli contamination of food products. The company said studies have shown the NXC-4720 product "is capable of reducing the level of E. Coli O157:H7 contamination by over 99%."
Oriental Financial Group (NYSE:OFG - News) shares rose 7.1% after the company said it's repositioned its sale investment portfolio, making moves that it expects to increase its net interest income by about $16 million, or 67 cents a share, in 2007.
Sabre Holdings Corp. (NYSE:TSG - News) shares climbed 5% after it agreed to be acquired by private-equity firms Silver Lake Partners and Texas Pacific Group for about $5 billion, or $32.75 a share. The transaction includes the assumption of about $550 million of debt. The price represents a premium of 30% over the company's average closing share price during the 60 trading days ended Dec. 8, Sabre said. The Southlake, Texas-based travel-booking service said it doesn't expect changes to its current management team. The deal is expected to close in the second quarter of 2007, the company said.
Scotts Miracle-Gro Co. (NYSE:SMG - News) shares rose 5% after it said it plans to recapitalize its balance sheet and return $750 million to its shareholders. It plans to accomplish this through a Dutch auction tender offer for up to $250 million worth of its stock and a special one-time cash dividend for the balance of the program. The provider of consumer lawn and garden products expects to complete the recapitalization, including a new $2.1 billion credit facility, by March 31. Scotts also forecast pro forma net income growth of 11% to 13% for 2007 with sales tabbed to increase between 8% and 10%. It sees free cash flow of more than $165 million for the year.
Trailer Bridge Inc. (NASDAQ:TRBR - News) shares gained 8.5% after it said it's received a contract to the exclusive carrier to Puerto Rico for all new vehicles made by Ford Motor Co. (NYSE:F - News). Financial terms weren't disclosed although the company did say the deal would make Ford its largest customer in revenue terms.
-Marketwatch

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