Updated from 7 a.m. EDT

There is very little action in the market right now. It drifted up on light volume and declining oil prices. But there were a few interesting pieces of earnings news.

Despite a high-stakes restructuring,

Sears Holdings


reported a 62% drop in second-quarter profit. The company, which operates Kmart and Sears stores, is in the midst of a restructuring aimed at reconnecting with shoppers and reinvigorating same-store sales, which have fallen for the past 10 quarters.

In other stock-related news,


(TIF) - Get Tiffany & Co. Report

reported on Thursday that its second-quarter profit doubled, beating Wall Street expectations. It earned $80.8 million, or 63 cents per share, in the three-month period that ended July 31. That compares with $40.5 million, or 29 cents per share, in the year-ago period.

There are still opportunities in this market, especially setting up plays for next week, when volume will certainly spike.

TheStreet Recommends

With this in mind, we thought we'd take a look at Thursday's top-searched stocks, including





(T) - Get AT&T Inc. Report

, on


and see what Jim Cramer's had to say about them recently.

To read more, please click here.

(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Cisco for his Action Alerts PLUS charitable trust.)

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