Updated from 10:04 a.m. EDT

Goldman Sachs ( GS), which was scheduled to report this morning, surprised with an early earnings announcement on Monday night, beating analyst estimates.

Johnson & Johnson ( JNJ) reported its earnings on Tuesday morning, saying that revenue fell 7.2% compared with the year-ago quarter and earnings were flat.

On Monday, FedEx ( FDX) announced plans to remove 14 jets from service by May 31.

Meanwhile, the Baltic Dry Index, which measures the cost of moving raw materials, is down about 55% over the past three weeks.

With this in mind, we thought we'd take a look at some of the stocks that have been making headlines, including FedEx and Bed Bath & Beyond ( BBBY), and see what Jim Cramer's had to say about them lately.

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