Jim Cramer Blog

The Dow finished down 83 points and the Nasdaq closed down 29 points. Macke explained to investors that the morning selling of the four horseman like Google (GOOG), Research In Motion (RIMM) and Apple (AAPL) lead the market down.
Delta Air Lines (DAL) denies reports of merger talks with United Airlines (UAUA). Adami thinks that any rally in the airline stocks should be sold. Najarian says if a merger was going to happen thinks the play would be Northwest Airlines (NWA). Airbus SAS and Boeing (BA) released a report that said this year will mark the peak in orders for airplanes. Finerman disagreed with the report and her advice to investors is to buy Kaiser Aluminum (KALU). Adami likes Honeywell (HON) for an aerospace play.
The New York Times published an article about Luluemon athletica (LULU) saying the clothing made of seaweed doesn't have any seaweed in it.
A $5 billion bond fund run by General Electric (GE) is offering investors a redemption of 96 cents on the dollar.
Asset Managers: Adami's personal favorite asset manager is Affiliated Manager's Group (AMG). He picks AMG for a baby boomer play and because it is insulated from subprime. Finerman agrees on AMG and she also likes Ameriprise Financial (AMP) and Charles Schwab (SCHW). Najarian suggests purchasing the recently punished names like PMI Group (PMI), Ambac (ABK) and MBIA (MBI).
Starbucks (SBUX) is set to report earnings on Thursday after the close. Macke says Starbucks has slowing growth and difficult comps, so the way to play this is to buy McDonald's (MCD). He mentioned that McDonald's competing directly against Starbucks in the coffee market.
Word on the Street
Crude oil closes up 3.4% to $94.30. Adami still thinks oil goes lower and he was disappointed that Tesoro (TSO) didn't trade higher with oil.
Network Appliance (NTAP) tops second-quarter profits and guides third-quarter above Wall Street estimates.
Najarian noted unusual options activity inSavient Pharmaceuticals (SVNT).
Pops & Drops
Pops - E*TRADE (ETFC) traded up 11% after CEO Mitch Caplan told CNBC that the online brokerage firm isn't going bankrupt.
iShares FTSE/Xinhua China 25 Index (FXI) traded up 2% following the Asian market rally.
Ventana Medical (VMSI) traded up 6%
MetroPCS (PCS) traded up 10%
Gilead (GILD) trades up 2% after Stifel Nicholas raised their price target to $52
Drops - Wendy's (WEN) fell 3%
United Rentals (URI) plunged 30%
Blockbuster (BBI) fell 6%.
Time Warner (TWX) fell 4% after a large block trade crossed the tape.
Disney (DIS) fell 4%
Final Trade
Macke suggests getting long the Dow30 Short Proshares (DOG) for a trade.
Adami and Najarian like EMC (EMC) off of Network Appliance's (NTAP) earnings.
Finerman likes American Eagle Outfitters (AEO) kon valuation.

Labels: AAPL, CNBC, CNBC's Fast Money, DAL, Fast Money, HON, kalu, LULU, RIMM, UAUA

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.

U.S. Cellular (NYSE:USM - News) & Acadia Pharmaceuticals (NasdaqGM:ACAD - News). USM's PowerRating (for Traders) is 8, and ACAD's PowerRating (for Traders) is 7.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Las Vegas Sands (NYSE:LVS - News) & UAL Corporation (NasdaqGS:UAUA - News). LVS's PowerRating (for Traders) is 8, and UAUA's PowerRating (for Traders) is 7.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Metal Management (NYSE:MM - News). MM's PowerRating (for Traders) is 8.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Wynn Resorts (NasdaqGS:WYNN - News). WYNN's PowerRating (for Traders) is 7.
Bearish
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Westwood One (NYSE:WON - News). WON's PowerRating (for Traders) is 4.

Published By TradingMarkets.com

Labels: ACAD, Hot Stocks, LVS, MM, UAUA, USM, WON, WYNN

United Airlines is flying high again -- especially overseas.
United parent UAL Corp. reported its most profitable quarter in seven years Tuesday, a $274 million second-quarter profit that reflected increased capacity on international routes as well as fuller U.S. flights and lower costs.

JetBlue Airways Corp. also posted solid second-quarter earnings, but its 50 percent profit increase was tempered by the announcement that it plans to slow its growth in the wake of the February ice-storm debacle.
The better-than-expected earnings by UAL, for years an industry laggard financially, reinforced that carriers are benefiting more than in past years from the busy summer travel season. Like United, many have restructured to reduce domestic flights and trim costs.
Among other U.S. carriers in the latest quarter, American Airlines parent AMR Corp. posted a $317 million profit last week, Delta Air Lines Inc. earned $1.77 billion or $274 million excluding bankruptcy-related items, Southwest Airlines Co. netted $278 million and Continental Airlines Inc. earned $228 million.

Labels: UAL Corporation, UAUA

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
F5 Networks (NasdaqGS:FFIV). FFIV's PowerRating is 6.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Kenneth Cole Productions (NYSE:KCP) & UAL Corporation (NasdaqGS:UAUA). KCP's PowerRating is 7, and UAUA's PowerRating is 8.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
WellPoint (NYSE:WLP) . WLP's PowerRating is 6.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge. Historically, these stocks have provided traders with a significant edge.
Kraft Foods (NYSE:KFT). KFT's PowerRating is 4.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
TD Ameritrade (NasdaqGS:AMTD). AMTD's PowerRating is 4.
2-Period RSI Above 98: These are stocks that have a 2-period RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
Crosstex Energy (NasdaqGS:XTXI). XTXI's PowerRating is 3.
PowerRatings are courtesy of PowerRatings.net

Labels: AMTD, FFIV, Hot Stocks, KCP, KFT, UAUA, WLP, XTXI

United Airlines on Tuesday won tentative approval from the federal government to operate the first-ever nonstop daily flight between the United States and China -- a route potentially worth $200 million a year.
The Department of Transportation's approval gives UAL Corp.'s United a critical head start over its competitors on the highly coveted, burgeoning market.

Labels: AAR, CAL, UAL Corp., UAUA

Bullish calls:
Foster Wheeler (NASDAQ: FWLT - News): ' ... I'm not selling the rest, because this company, and KBR ... both have the single best pin action off all the oil that's been found, and the money - particularly the new need to have petro plants and nuclear - that FWLT is going to be a core position for me. Two thumbs up, way up.'KBR (NYSE: KBR - News)Conceptus (CPTS): 'I like it, but I can't rave about it, because I like other companies in medical devices. And I haven't tried it personally, but I hear good things.'Cisco (NASDAQ: CSCO - News)J.C. Penney (NYSE: JCP - News)Devon Energy (NYSE: DVN - News)Best Buy (NYSE: BBY - News): 'The best of times at BBY ... should be bought here. Why? Because they are annihilating CC. 'Quest Diagnostics (NYSE: DGX - News): ' ... brutally knocked down by momentum sellers. And I have been calling a bottom here at $52 bucks. I like that better than Bio-Reference Laboratories."Indevus Pharmaceuticals (NASDAQ: IDEV - News): 'A lot of ways to win. I mentioned the stock as being a good speculative play. Everyone do a little homework, and see if you like the stock.'
Bearish calls:
O2 Micro International (NASDAQ: OIIM - News): ' My friend, we're trying to stay away from mixed signals. I'm talking about mixed-signal circuits, which I have lost money in for maybe 15 years. I want you to get off right now, and sell that stock.'SanDisk (NASDAQ: SNDK - News): ' ... for a trade, I think it can go to $47. But this stock has got tremendous tax-loss selling. And I don't want you to run into that, because that is a buzzsaw! Wait until January if you have to own SNDK.'Family Dollar (NYSE: FDO - News):Wal-Mart (NYSE: WMT - News): 'I can't get wild about WMT, which has that look and feel of a dollar store.'Dollar General (NYSE: DG - News): 'I see a trade at $14-17, $14-17. I can't get wild about that.'UAL (NASDAQ: UAUA - News): 'I want you to ring the register. You made a great trade... but no, you must take that money off the table. I cannot have it turn into a loss. Congratulations on a good one.'CPFL Energia (NYSE: CPL - News): 'Too dicey! I think that a Brazillian 4% yield is not enough to keep me with maybe so-so growth ... I would rather see you, honestly, in an American growth utility.'Brightpoint (NASDAQ: CELL - News): 'You know I don't like the wireless business ... It's too hard a business. I don't want to touch it. 'Arena Resources (NYSE: ARD - News): 'It is a sleeper oil stock, but it's up a lot, and as much as I like ARD, I feel like that's a good swap out of some of the crazier.'Motorola (NYSE: MOT - News): 'Can't get behind the MOT. It's been a real house of pain; I see no real momentum there.'Nokia (NYSE: NOK - News): 'I don't like the NOK. I don't like the cell phone business.'Bio-Reference Laboratories (NASDAQ: BRLI - News): ' Let's swap out of BRLI; let's go to DGX.'Circuit City (NYSE: CC - News): ' ... the worst of times at CC. When I was going over the CC quarter, I could not believe how much money they are losing on the exact same product that they are making money on at BBY... I question if there even needs to be a CC.'
Published By SeekingAlpha

Labels: ARD, BBY, BRLI, CC, CPL, CSCO, DGX, DVN, FDO, IDEV, JCP, Jim Cramer, KBR, Lightning Round, Mad Money, MOT, NOK, SNDK, UAUA, WMT

By the BullMarket.com Staff
Stocks traded mixed and volume was light as investors weighed surprisingly good retail sales numbers for November against a rise in crude oil prices. Yesterday, oil traders sold crude in anticipation of strong U.S. inventory data. Instead, the government reported today that U.S. energy stockpiles dropped, which along with a meeting this week of OPEC's oil ministers was enough to send futures prices higher. In other markets, the price of the 10-year Treasury note dropped sharply, sending yields shooting up 9bps higher.
The retail sales results provided an early spark that fizzled, though late buying enabled the major indexes to all claim slight gains. According to the Commerce Department, retail sales grew by a seasonally adjusted 1.0% in November, which was much better than the 0.2% gain that was expected. It was the best month for retailers since June, according to government figures. October sales were also revised upward to a -0.1% decrease from a previously reported drop of -0.4%.
The possibility of additional consolidation in the airline industry gained new life today on reports that Continental Airlines (NYSE: CAL - News) and UAL (Nasdaq: UAUA - News) have discussed a possible merger. The stocks rose 4% and 5%, respectively. Separately, the much smaller AirTran Holdings (NYSE: AAI - News) offered to buy Midwest Air Group (NYSE: MEH - News) in a cash and stock deal valued at approximately $290 million, sending the former up 4% and the latter soaring 22%. US Airways Group (NYSE: LCC - News) started the airline merger ball rolling a month ago when it initiated a hostile bid for bankrupt Delta Air Lines that is still on the table. While investors reacted favorably to the possibility of a Continental-UAL merger and to AirTran's takeover efforts, US Airways closed slightly lower today.
Home Depot (NYSE: HD - News) advanced 1% after the company announced it would expand into China by acquiring Home Way, a home-improvement retailer with 12 stores in northeastern China. Terms were not disclosed. Electronics retailer Best Buy (NYSE: BBY - News) slumped again today, shedding -2% one day after a weaker-than-expected profit report pushed the stock down -5%. Analysts expect that intense competition for sales of big TVs and other gadgets will cut retailers' margins going forward. Circuit City (NYSE: CC - News) also declined again today by -2%.
Apple Computer (Nasdaq: AAPL - News) added 3% on a robust analyst outlook. Morgan Stanley raised its rating on Apple to "overweight" and increased its target from $90 to $110. The firm cited expectations of strong revenue contributions from new products like iPhone and iTV. In other ratings actions, Bank of America lowered its price target for Advanced Micro Devices (NYSE: AMD - News) to $20 from $23. The bank said the semiconductor maker was losing server market share to rival Intel (Nasdaq: INTC - News) and that the price of chips for desktop devices dropped more sharply than expected. AMD ended more than -1% lower.

Labels: AAI, AAPL, AMD, BBY, CAL, CC, HD, INTC, LLC, MEH, UAUA

Shares of Continental Airlines Inc. and UAL Corp., the parent company of United Airlines Inc., took flight Wednesday as investors bought into the reported merger talks between the two carriers.
Continental surged to a new 52-week high of $46.29 in morning trading while United also soared to a new 52-week high of $46.54. Continental ended the regular trading session at $44.76, up 4.4 percent. Meanwhile, United gained 4.7 percent to close at $45.24.
United held its annual investor briefing Dec. 12 in Chicago without announcing a widely expected merger bid for any other airline.
"We are going to be attentive to opportunities as they present themselves," said UAL CEO Glenn Tilton.
The Webcast briefing was filled with generic discussion of industry consolidation, but Tilton said he was "clearly" not in a position to announce any specific offer.
Analysts have been discussing the idea in notes to clients, some approvingly. Bear Stearns clients were told Dec. 8 that such a merger could save $1.5 billion a year while Calyon Securities said Dec. 11 the industry could use consolidation. What United has said to date is that it, too, thinks consolidation would help the industry.
Continental is also weighing how consolidation affects its industry. It is hinting that it may travel down the same path, after the unsolicited $8.8 billion bid in November by U.S. Airways Inc. (NYSE: LCC - News) to merge with Delta Airlines Inc. (Pink Sheets: DALRQ - News).
"The creation of a competitor even larger than American Airlines (the world's largest airline) would not be good for us in the long run," Continental Airlines CEO Larry Kellner said in recorded message sent to employees Nov. 17.
Nonetheless, Kellner, although wary of industry consolidation, also understands that a merger deal involving Continental may be a consideration if the U.S. airline industry continues to swing in that direction.
"If the industry stays as it is, our preference is to remain independent and continue our growth plan," Kellner said. "However, if the landscape of the U.S. airline industry does indeed change, we'll do what we need to do to act in the best interests of you, our customers, our shareholders and the communities we serve."
Elk Grove Township, Ill.-based United Airlines has 57,000 employees and hubs serving Los Angeles, San Francisco, Denver, Chicago and Washington, D.C. Houston-based Continental (NYSE: CAL - News) has more than 44,000 employees and hubs serving Houston, New York, Houston, Cleveland and Guam.
Published December 12, 2006 by the Houston Business Journal

Labels: CAL, Continental Airlines Inc., UAL Corp., UAUA

ABM Industries Inc. (NYSE:ABM - News) said fourth-quarter net income rose to $61.6 million, or $1.24 a share, from $8.43 million, or 17 cents a share, during the same period in the prior year. Quarterly revenue rose to $776.7 million from $658.7 million in the prior year. For fiscal 2007, the facility services contractor said it sees income from continuing operations of $1 to $1.05 per share, and earnings before items of $1.10 to $1.15 per share. Also, ABM's board raised the quarterly cash dividend 9% to 12 cents per share. The dividend is payable Feb. 5 to shareholders as of Jan. 12. The board has also authorized a buyback for up to two million ABM shares.
AmerisourceBergen Corp. (NYSE:ABC - News) backed its full-year 2007 profit forecast ahead of its annual investor meeting.
Amgen Inc. (NASDAQ:AMGN - News) said it has authorized the buyback of an additional $5 billion in shares. The Thousand Oaks, Calif.-based biotechnology company has $1.5 billion remaining under its previous stock repurchase authorization.
Apple Computer Inc. (NASDAQ:AAPL - News) shares rose after Morgan Stanley analyst Rebecca Runkle raised her price target on Apple's stock to $110 from $90. Runkle said new products in 2007 would add to Apple's revenue growth, and she also raised her 2007 earnings estimate for the company to $3.13 a share from $2.58.
Atlas Energy Resources (NYSE:ATN - News) shares rose in the company's initial public offering.
Atmel Corp. (NASDAQ:ATML - News) shares surged after the chipmaker said it plans to restructure its operations, which includes the sale of two factories in Europe and job cuts. "This is the restructuring announcement that investors have been patiently awaiting," wrote Wedbush Morgan analyst Craig Berger, who lifted his price target on Atmel shares to $8 and reiterated his buy rating. Atmel, in an announcement Tuesday evening, said the restructuring will slash costs by $70 million to $80 million in 2007. Approximately 1,300 employees will cut from its 8,000-person workforce worldwide. Atmel, of San Jose, Calif., makes microcontroller and radio-frequency chips used in cell phones, disk drives, car alarms, camcorders and other applications.
Buckle Inc. (NYSE:BKE - News) said its board has authorized a one-time cash dividend of $3 per share. The dividend is payable Jan. 2 to shareholders as of Dec. 22, according to the Kearney, Neb.-based retailer.
Celanese Corp. (NYSE:CE - News) said it is relocating strategic management of the company's Acetyls business to Shanghai, China, as early as spring 2007. The chemical company added that it expects to derive 45% to 55% of its earnings from Asia by 2010, compared with the current level of 30%. The company also said it expects 2007 adjusted earnings of $2.60 to $2.90 a share. That view surrounds the average analyst estimate compiled by Thomson First Call of $2.85 a share. The company also said it was reorganizing into three business groups -- advanced engineered materials, consumer and industrial specialties and acetyl intermediates -- as it moves to improve earnings and reach its target of adding $300 million to $350 million to EBITDA (earnings before interest, taxes, depreciation and amortization) growth by 2010. The company is also selling its oxo products and derivatives businesses to private equity firm Advent International for 480 million euro, or about $630 million.
CPI International (NASDAQ:CPII - News) shares rose after the Palo Alto, Calif.-based provider of microwave and radio frequency products late Tuesday reported fiscal fourth-quarter net earnings of $6.19 million, or 35 cents a share. In the same quarter last year, the company posted a net loss of $2.4 million, or 19 cents a share. Revenue rose to $82.6 million from $74.9 million. Analysts polled by Thomson First Call had forecast a per-share profit of 25 cents on revenue of $83.3 million. In fiscal 2007, CPI expects earnings of $1.24 to $1.30 a share on revenue of $350 million to $355 million.
Depomed (NASDAQ:DEPO - News) shares rose after the company said it's received a commitment for up to $30 million in common stock equity financing from Azimuth Opportunity Ltd.
Exact Sciences Corp. (NASDAQ:EXAS - News) shares leapt after the Marlborough, Mass.-based biotech company said a study of stool DNA testing found that the test demonstrated an 88% sensitivity for colorectal cancer, with equal detection across all stages, regardless of the cancer's location in the colon. The study was published online in the American Gastroenterological Association's journal, Clinical Gastroenterology and Hepatology. Exact Sciences has licensed certain of its technologies to Laboratory Corp. of America Holdings (NYSE:LH - News) for a stool-based DNA screening test.
Gander Mountain Co. (NASDAQ:GMTN - News) shares rose after the St. Paul, Minn.-based outdoor products retailer late Tuesday said David Pratt, its new chairman, has agreed to buy 5.7 million newly issued shares, for $8.77 each, for a total purchase price of $50 million. The company also said it plans to open more than a dozen new stores in fiscal 2007 and upgrade a number of existing stores.
Guidance Software Inc. (NASDAQ:GUID - News) shares surged in the company's initial public offering.
Health Net Inc. (NYSE:HNT - News) lifted its full-year 2007 earnings forecast above Wall Street's average expectation due to its share buyback program.
Home Depot (NYSE:HD - News) is taking its first steps into the China market with its acquisition of 12 home-improvement stores, the retailer said. Home Depot will buy the stores in six cities from Home Way, China's first home-improvement retailer.
IPG Photronics Corp. (NASDAQ:IPGP - News) shares leapt in the company's stock market debut.
Lumera Corp. (NASDAQ:LMRA - News) shares jumped after the Bothell, Wash.-based company reported "encouraging" results for its multi-band millimeter wave wireless bridge. Lumera said data rates from 2.5 Gbps to 10 Gbps were successfully tested and that the company expects the system will have the capacity to operate at a range of up to three miles per data link. "In the next 12 to 18 months, we will continue to improve the functionality of the system, optimize the design, and continue testing as we work to create a commercial ready product," said Dr. Raluca Dinu, director of Lumera's Electro-Optics business unit, in a statement.
Martek Biosciences (NASDAQ:MATK - News) said fourth-quarter net earnings dropped to $641,000, or 2 cents a share, compared with $4.89 million, or 15 cents a share, in the same period last year.
MEDecision Inc. (NASDAQ:MEDE - News) shares rose in the company's opening day of trading.
Midwest Air Group (AMEX:MEH - News) shares surged after AirTran Holdings Inc. (NYSE:AAI - News) unveiled an offer to buy Midwest for $290 million.
Pixelworks (NASDAQ:PXLW - News) said Allen Alley plans to resign from the president and chief executive officer positions, effective Dec. 31. Hans Olsen, currently an executive vice president and chief operating officer, will serve in both roles on an interim basis until a successor is named. The Tualatin, Ore., semiconductor maker has formed a search committee to fill the positions of president and CEO. Also, the company said it now expects revenue of $28 million to $30 million for the fourth quarter, a forecast that's within its previously disclosed outlook.
Progen Industries Ltd.'s (NASDAQ:PGLA - News) shares soared after the Australia-based pharmaceutical company announced positive preliminary results from its Phase II clinical trial of PI-88 for the treatment of patients with primary liver cancer following surgical resection of the tumor. The trial demonstrated that PI-88 increased time to tumor recurrence by 76%, the company said. "These results offer excellent support as we proceed to Phase III development, with the guidance of the FDA, as rapidly as possible," said Justus Homburg, Progen's chief executive, in a statement. Progen said it's preparing for a much larger Phase III trial of PI-88 for the treatment of liver cancer.
Tibco Software (NASDAQ:TIBX - News) shares gained after the Palo Alto, Calif., maker of business process software said it expects revenue of about $158 million for the fourth quarter, ahead of a prior projection for revenue of between $140 million and $144 million. The company expects earnings for the quarter to exceed its prior view by more than 2 cents a share.
UAL Corp. (NASDAQ:UAUA - News) and Continental Airlines (NYSE:CAL - News) are reportedly in talks about a possible merger, according to The Wall Street Journal and The New York Times.

Labels: AAI, AAPL, ABC, AMGN, BKE, CAL, EXAS, GMTN, GUID, HD, Hot Stocks, IPGP, LMRA, MEDE, MEH, PGLA, TIBX, UAUA

By the BullMarket.com Staff
Stocks recorded another solid advance today, with the Dow Jones index hitting another record closing high, the S&P 500 briefly topping the 1,400 mark for the first time in six years, and the Nasdaq composite also at its best levels in years. All three indexes backed off higher intraday levels as the market reacted to the release of last month's FOMC meeting minutes, which showed Federal Reserve governors remain more concerned with inflation than the pace of economic growth. The bond market declined on the news, with the yield on the 10-year Treasury note climbing 5 basis points to 4.62%. Crude oil prices advanced today as well on an Energy Department report of a larger-than-expected decline in U.S. petroleum stocks last week.
The airline industry dominated today's headlines. US Airways Group (NYSE: LCC - News), making an end-run around the management of bankrupt Delta Airlines (Other OTC: DALRQ.PK - News), offered $8 billion to Delta's creditors for the carrier before it emerges from bankruptcy court protection next year. US Airways, also not a stranger to bankruptcy, approached Delta with a merger proposal this summer, but was rebuffed. US Airways' stock jumped 17% on the news. The airline said that if the deal were made after Delta emerges from bankruptcy, it would miss out on more than half of the projected cost savings of the merger.
The news roiled the airline sector, sending the stocks of larger air carriers higher today. Among the gainers were UAL (Nasdaq: UAUA - News), parent of United Airlines; AMR (NYSE: AMR - News), parent of American; Southwest Airlines (NYSE: LUV - News); and Continental Airlines (NYSE: CAL - News). Continental added 12%, while UAL gained 9%. Smaller airlines also attracted buyers. JetBlue Airways (Nasdaq: JBLU - News) rose 7%, while AirTran Holdings (NYSE: AAI - News), which competes head-to-head with Delta on many routes out of Atlanta, jumped 16% after Bear Stearns upgraded the stock to "outperform." We published a detailed report on airline stocks for subscribers this past Friday.
The Dow's advance was aided by Altria (NYSE: MO - News), which gained 1% after an upgrade from Goldman Sachs to "buy" from "neutral." Aircraft maker Boeing (NYSE: BA - News) was another solid gainer for the Dow, adding 2% on reports that strong demand from carriers for its planes could bring the company another $10 billion in orders in the coming weeks.
In the technology sector, Google (Nasdaq: GOOG - News) came within pennies of $500 in intraday trading before closing up just moderately higher. Semiconductor makers Advanced Micro Devices (NYSE: AMD - News) and Texas Instruments (NYSE: TXN - News) helped pace the chip sector, with each rising 2%. Motorola (NYSE: MOT - News), which has been on an acquisition binge of late, tacked on another 3% today.
Sharp gainers on the Nasdaq today included Vanda Pharmaceuticals (Nasdaq: VNDA - News), which rocketed 53% on news of favorable Phase III clinical trial results for its insomnia drug known as VEC-162. Elsewhere, agricultural biotech company Embrex (Nasdaq: EMBX - News) leapt 40% after the animal health division of Pfizer (NYSE: PFE - News) said it agreed to buy Embrex for $17 a share.

Labels: Airlines, AMD, AMR, BA, CAL, DALRQ.PK, EMBX, GOOG, LCC, LUV, MO, MOT, pfe, TXN, UAUA, VNDA

Today Cramer hyped NYSE group once again saying that this stock has the ability to soar.
The bears tried to force the stock down initially," Cramer said. "This stock is going much higher. The bears really hate me for that."
Cramer said the pending acquisition of Euronext is "gonna be a immediately accretive."
"We know how the CME did. The NYSE has really lagged. ... I think it hasn't caught fire yet and I think it will."
Cramer said he likes Yamana Gold because it bought a huge chunk of Viceroy and "they got gold out the ying-ying."
Cramer said he preferred UAL to US Airways.
"I would ring the register and go into UAUA."
As for Blockbuster , Cramer said "the stock goes to $6 in the next 18 months" after signing a deal with Harvey Weinstein to carry his movies. Cramer said he had "hated it from 80 down to 4."
"There's room for both Blockbuster and Netflix.
Finally, Cramer said, "Don't forget Master Card .He called it "the Jackie Wilson stock, higher and higher."

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US Airways Group Inc. made a hostile $8 billion cash and stock bid for Delta Air Lines Inc. on Wednesday, a deal that would create one of the world's largest carriers. The move came despite Delta's repeated statements it isn't interested in a merger.
The offer to buy Delta once the Atlanta-based airline emerges from bankruptcy protection by the middle of 2007 would give Delta's unsecured creditors $4 billion in cash and 78.5 million shares of US Airways stock. Delta has yet to file its own plan of reorganization.

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