Cramer's Take on Headline Stocks - TheStreet

(Updated with closing stock prices.)

Big banks were making headlines on Wednesday, with

Bank of America

(BAC) - Get Report

receiving lower-than-expected bids for its

Columbia Management business

,

Citigroup

(C) - Get Report

raising credit-card interest rates

and

Morgan Stanley

(MS) - Get Report

expanding its partnership with

Mitsubishi UFJ

(MTU)

to include a loan marketing venture.

Bank of America closed down 15 cents, or 1.1%, at $13.05; Citigroup closed flat at $2.97; and Morgan Stanley lost 15 cents to $28.36.

In earnings news,

General Mills

(GIS) - Get Report

reported

its fourth quarter

on Wednesday morning, with earnings of $358 million, or $1.07 a share, up from 53 cents a share in the same quarter last year and beating analyst estimates for 81 cents a share.

General Mills added $2.16, or 3.9%, to $58.18 on Wednesday.

And the newspaper business took another hit with reports that publisher

Gannett

(GCI) - Get Report

, due to declining revenue, will

cut up to 2,000 more jobs

.

Gannett added 9 cents, 2.5%, to close at $3.66 on Wednesday.

With this in mind, we thought we'd take a look at what

Jim Cramer's had to say

about some of the stocks in the news.

To read more,

visit Stockpickr.com

.