Cramer's Take on Headline Stocks

Updated from 10:08 a.m. EDT

In Wednesday's headlines was news that Freddie Mac's(FRE Quote) acting CFO, David Kellermann, was found dead in his home this morning in an apparent suicide.

In stock news, Morgan Stanley(MS Quote) reported a first-quarter loss of 57 cents per share, compared with a profit of $1.26 per share last year, missing expectations of an 8-cent-per-share loss. The firm also cut its dividend.

In Wednesday afternoon trading, Morgan Stanley was down $1.52, or 5.2%, at $23.13.

Freeport-McMoRan's(FCX Quote) also missed expectations with earnings of 11 cents per share on revenue of $2.6 billion compared with the expected 13 cents per share on revenue of $2.69 billion.

On Wednesday afternoon, Freeport was adding $1.19, or 2.9%, at $41.92.

Companies reporting Tuesday included DuPont(DD Quote), which reported a 59% drop in first-quarter profit, and United Technologies(UTX Quote), whose first-quarter profit fell 28%.

Dupont was up 44 cents, or 1.6%, at $28.50 on Wednesday afternoon, while United Technologies was down 34 cents, at $47.65.

With this in mind, we thought we'd take a closer look at some of the stocks making headlines lately, including Bank of America(DD Quote), Coca-Cola(KO Quote) and Caterpillar(CAT Quote), and see what Jim Cramer's had to say about them.

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