Some of Wednesday's midday movers:» Read More
Bank of America (BAC), the nation's second-biggest bank, will invest 2 billion dollars in beaten up mortgage giant Countrywide Financial (CFC). BAC will be buying $2 billion worth of preferred stock that can be converted into $18 a share, according to WSJ. What’s going on?
Sun Microsystems authorized a stock buyback plan of $3 billion, the company announced Wednesday after the close. Shares soared on the news, rising more than 4% in after-hours trading.
Remember: This is a booyah-free zone! Cramer appreciates your enthusiasm, but he'll drop you like a bad habit if you break this simple rule. Just ask Joe from Georgia.