Cramer's Take on Headline Stocks

Here's what Jim Cramer's been saying about stocks in the news.
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Stocks closed lower on Monday after four consecutive up days.

Contributing to the turn was a

bearish call from a Calyon Securities analyst

, who initiated coverage on banks such as

Bank of America

(BAC) - Get Report

,

JPMorgan

(JPM) - Get Report

and

Wells Fargo

(WFC) - Get Report

at underperform and

Fifth Third

(FITB) - Get Report

,

U.S. Bancorp

(USB) - Get Report

and

SunTrust

(STI) - Get Report

at sell.

News over the weekend that

IBM

(IBM) - Get Report

was

withdrawing its offer to buy

Sun Microsystems

(JAVA)

also pulled on the market, sending IBM and Sun shares down 0.7% and 23.3%, respectively.

And

gold fell to a more-than-two-month low

on decreased demand and strength in the dollar.

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

To read more,

visit Stockpickr.com

.

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