Websense (WBSN) popped 9%. The software company probably used to track your online behavior said an acquisition sent 4th quarter sales beyond its forecast. – Don’t look for the pop to last, says Pete Najarian.
Great Atlantic and Pacific Tea Company (GAP) popped 2%. The owner of the A&P supermarket chain reported higher third-quarter earnings, and noted positive progress on its integration of Pathmark Stores.
Crocs (CROX) popped 7%. The rubber clog maker was tossed and turned this week: down 14% Monday on slow-growth concerns, and bouncing back Tuesday. – I think it’s just rebounding from being overdone, says Karen Finerman.
Lear (LEA) popped 2%. Merrill Lynch upgraded the car-parts maker from "sell" to "neutral."
DaVita (DVA) popped 4%. The dialysis provider, (its CEO was on Fast Money Monday night), climbed after a Stanford Group said pricing pressure fears are overdone.
Pharmasset (VRUS) popped 33%. The biotech, which has been working with Roche on a Hepatitis-C drug, soared after the treatment was found to be safe in testing.
DROPS (stocks that slid lower)
KB Homes (KBH) dropped 9%. Nearly a billion dollars worth of write-downs and tax expenses led this homebuilder to a wider-than-expected fourth quarter loss. – Nothing good here, says Guy Adami.
Brinker International (EAT) dropped 12%. The owner of Chili's and Romano's Macaroni Grill restaurants slipped after it posted quarterly profits below analyst expectations. The company blamed soft consumer spending. – I see a lot of trouble in this sector, says Karen Finerman.
Greenbrier (GBX) dropped 12%. The nation's biggest maker of railroad flatcars forecast full-year earnings below what analysts had expected. – This stock doesn’t do it for me, says Guy Adami.
Jerry Fitch. This Mississippi businessman must pay more than $750,000 in damages to the man whose wife he wooed away, after the US Supreme Court on Monday declined to hear an appeal in the case. The woman's ex-husband -- a plumber -- decided to sue the wealthy realtor under an old Mississippi state law permitting damages for `the loss of sexual relations' !!!
UAL Corp. (UAUA) dropped 16%. An industry analyst said that labor troubles that led to pilot "sick-outs" led to major delays in December, which will hurt profits. – Stay away, says Jeff Macke.
Intuitive Surgical (ISRG) dropped 9%. A Wachovia analyst predicted the credit market would force hospitals to cut-back on purchases of sophisticated equipment like Intuitive's da Vinci robotic-surgery system.
The Dutch. According to the Central Bureau for Statistics - The Dutch, often considered the world's tallest people, appear to have stopped growing. Average heights have reached a plateau since 2001. Compare that to the growth between 1980 and 2000, when the average height for a Dutch man increased by 1 inch over two decades. The averaged has stabilized at 5'11" for men, 5'6" for women.
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Trader disclosure: On Jan 8, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (YHOO), (SWY), (INTC); Najarian Owns (BIIB), (MCD), (MSFT); Najarian Owns (AAPL) Options, (CFC) Options, (VLO) Options, (YHOO) Options; Najarian Is Short (WM) Through Options; Finerman's Firm Owns (CROX), (DVA), (GS), (YHOO), (DSW); Finerman's Firm Is Short (IJR), (IYR), (IWM), (SPY), (SPG), (TCO); Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns (MDY) Puts And Is Short (MDY); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm Owns (MSFT) Options