By Stockpickr Staff
Updated at 4:20 p.m. from 12:02 p.m. EDT on June 18, 2009, with closing share prices.

State Street (STT) and Capital One (COF) joined the list on Wednesday of banks repaying TARP funds. The list also includes Morgan Stanley (MS), Goldman Sachs (GS) and JPMorgan (JPM).

General Motors (GMGMQ) will set the terms of the sale of a majority stake in its German automaker Opel to Canada's Magna International (MGA) by July 15, according to Reuters. Magna closed up 46 cents, or 2.3%, on Thursday, to $37.98.

Standard & Poor's says its U.S. long-term debt rating will likely remain at triple-A, the highest rating awarded by the credit ratings agency.

Crude prices were in the green on Thursday after falling earlier in the day. Oil stocks were mostly in the red, with Chevron (CVX) closing down 40 cents, or 0.6%, to $68.43 and BP (BP) closing down 68 cents, or 1.4%, to $47.72.

With this in mind, we thought we'd take a look at what Jim Cramer's had to say recently about stocks making headlines.

These stocks could be in the news for a number of reasons. Some require immediate attention; others may not. Regardless, it never hurts to hear what Cramer (or any professional investors) has to say about them. The key is to gather as much information as you can in order to make the most informed investment decisions you can.

In a recent post to his RealMoney blog, Cramer wrote:

"Oh my, these banks, these banks. Morgan Stanley (MS) jumping up and down, proclaiming the best May in the history of the firm (thanks, Dougie, for that bit of news!). We have some fantastic numbers coming from Goldman Sachs (GS), according to every report I see. Solid upgrade on State Street (STT) from SunTrust. US Bancorp (USB) recommendation. TARP paybacks galore.

"But we have this big preferred conversion into common stock going on at Bank of America (BAC), we have immense option pressure on the group, and we have this ridiculous Johnny-come-lately S&P downgrade. Those guys are unbelievable. The housing bottom is in, and now they take the group down!

"So the group, which was crowded enough already, is just getting hammered mercilessly.
This group, along with tech and oil, cannot be lost if this market wants to go higher. I am happy to see the positive action in the drugs and goods, but they cannot replace the oil and oil-related stories (including the fertilizers and the natural gas and drilling plays, which act exactly like they did last year, even though pricing has already been down big).

"All in all, this is a disconcerting picture today from a leadership point of view until we get some sense of when the bank buyers are done liquidating and the earnings-per-share people step up to the plate and start buying back the Morgan Stanleys and the Goldman Sachses on the coming multiple expansion that I expect from the dramatic changes in the landscape.

"Random musings: Correction -- I relied on certain news stories today to write that FedEx (FDX) slashed guidance in half. Those stories were inaccurate and I should not have relied on them because FedEx never issued guidance. I regret the error, as I should have checked the guidance myself not taken it for granted that the story was accurate. I apologize for my mistake. ... About the banks, William Furber has some good comments in Columnist Conversation about this issue."

For more of what Cramer's had to say about stocks making headlines, check out the Cramer's Take portfolio.

(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Bank of America, Goldman Sachs, State Street, BP, Chevron and JPMorgan for his Action Alerts PLUS charitable trust.)