Cramer's Take on Headline Stocks

Here's what Jim Cramer's had to say lately about stocks in the news.
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A General Motors (GM) - Get Report bankruptcy is even more likely after the company failed to meet the requirements of its debt-exchange offer, which expired at midnight on Tuesday. GM had hoped that bondholders would exchange $27 billion in debt for company stock. The company has till Monday to complete its government-ordered restructuring, or bankruptcy it is.

Bank of America

(BAC) - Get Report

has raised almost

$26 billion in capital

, more than three quarters of the amount the government instructed it to raise following the banking stress tests. Capital-raising measures have included issuing 1.25 billion new common shares and selling some of its holdings in China Construction Bank.

Also raising capital is

PNC Financial

(PNC) - Get Report

, which sold 15 million common shares to raise

more than $600 million

.

Staples

(SPLS)

reported

first-quarter earnings

on Wednesday, with profit down 33% to $143 million, or 20 cents a share, compared with $212.3 million, or 30 cents per share, in the same quarter last year.

Also reporting earnings was

Dollar Tree

(DLTR) - Get Report

, which

gained 39% in first-quarter earnings and 14% in sales

. The retailer earned $60.4 million, or 66 cents a share, up from $43.6 million, or 48 cents a share, in the same quarter last year.

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

To read more,

visit Stockpickr.com

.

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