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Cramer's Take on Headline Stocks

Stock quotes in this article: AMZN , GS , C , AIG , AAPL , FDO , NKE  

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

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,452.00 1,107.93 2,201.05 36.03
Oil *
72.08
DOWN
49.05
DOWN
6.18
DOWN
11.05
UP
0.57
10 Yr
3.60%
SPDR Gold
110.21
-0.47%
-0.55%
-0.50%
+1.61%
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