William Johnson, the former chairman, CEO and president of Heinz, is joining buyout shop Advent as a consultant.» Read More
With all the action in the market lately -- and we don't mean good action -- Cramer's been focusing on defensive stocks for all you Home Gamers to buy until things even out. Today in Texas, he brought on the CEO of what he called the "ultimate defensive play." Turns out he's a UT alum to boot.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The fact that Cramer wants you in this sector may confuse you. Yes, we know, this group is responsible for the subprime-lending problem we’re seeing today, but this could end up helping investors.
After the trauma of a 416-point drop in the market, Cramer likes to go fishing – bottom fishing, actually. He has 25 years of experience angling through the wrecks of portfolios that belonged to less experienced fisherman and women, and today he’s going to share his secrets with you.
H.J. Heinz, which makes ketchup and a range of other foods, said its fiscal second-quarter profit slipped 6 percent, reflecting a higher tax rate and the impact of discontinued operations.