Stockpickr

Return to Article

Cramer's Take on Headline Stocks

Rebecca Corvino

Making Thursday's headlines was Citigroup(C), which announced the promotion of current CFO Ned Kelly to vice chairman and the resignation of former CFO Gary Crittenden, most recently chairman of Citi Holdings. Recently, Citi shares were recently up 2 cents at $2.64.

AIG(AIG) and MetLife(MET) have resumed talks about Alico, AIG's foreign life-insurance unit. Reportedly, MetLife could acquire all or part of Alico if a deal is made. AIG was losing 20.5% to $10.41, while MetLife was up 1.8% to $27.37.

Amazon's(AMZN) has reduced the price of its Kindle 2 to $299 from $359, compared with the $349.99 price tag on Sony's(SNE) PRS-700 reading device. Amazon recently was adding 0.5% to $77.77, and Sony was down 3 cents to $24.37.

Merrill Lynch/Bank of America upgraded Goldman Sachs(GS) to buy with a $175 price target. Goldman was adding $4.88, or 3.5%, to $143.43.

With this in mind, we thought we'd take a look at some of the stocks in the news and see what Jim Cramer's had to say about them lately.

To read more, visit Stockpickr.com.