Monday's Daily Blog Watch
The Pulp Fiction Index, and redemption at True Religion.
Bad Bounce for Blank-Check Companies
Investors seem to be increasingly backing away from these speculative IPOs.
Wednesday's Financial Winners & Losers
Mercantile Bank rises, while China Life falls.
RealMoney Radio Mailbag: Strategizing Strategic
A listener learns Cramer's take on Strategic Acquisition Group.
RealMoney Radio Mailbag: No Love From Tony Soprano
Cramer tells a listener that product placement on the hit show won't help Jamba Juice, but that Oprah's star power could boost a stock.
Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests
Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.
Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat
"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.
New Tesla Product Is a Wish for Fans Hit by Inflation
The manufacturer of premium and high-end electric vehicles became the most profitable American carmaker in the first quarter of 2022.
Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots
"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.