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Cramer's Take on Headline Stocks

Here's what Jim Cramer's been saying about stocks in the news.

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)

,

JPMorgan

(JPM)

and

Wells Fargo

(WFC)

at underperform and

Fifth Third

(FITB)

,

U.S. Bancorp

(USB)

and

SunTrust

(STI)

at sell.

News over the weekend that

IBM

(IBM)

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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