Making Friday's headlines was Philip Morris International (PM), which will acquire Protabaco, a Colombian cigarette producer. Protabaco, which sold 6.1 billion cigarettes in 2008, will build on Philip Morris current 15.6% overseas market share.

PriceSmart ( PSMT), which operates membership shopping warehouse clubs in Central America and the Caribbean, earned $8.7 million, or 30 cents a share, in its most recent quarter, down 18% from the year-earlier quarter. This compares with analysts' expectations for 33 cents a share.

In analyst ratings news, FBR Capital upgraded SunTrust ( STI) to market perform from underperform, maintaining its $17 price target on the stock. Deutsche Bank initiated coverage on NetLogic ( NETL) at hold with a $35 price target.

TheStreet.com's headlines today include outrage at AIG's ( AIG) desire to hand out staff bonuses, why investors should exercise caution when choosing solar stocks and General Motors' ( GM) pending management cuts.

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

To read more, visit Stockpickr.com.

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