Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

FAST MONEY FEATURES

PollFast Money PollsFAST MONEY POLL
Get in the post game.  Respond to our "Question of the Day" right now.




Trade SchoolTRADE SCHOOL
Grab a pencil because school is in session and the Fast Money traders are teaching class.



PodcastFM PodcastsFAST MONEY PODCASTS
Download Fast Money onto your MP3 Player.




FM WIDGETFAST MONEY WIDGET
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.




ShopSHOP FOR FAST MONEY MERCHANDISE
Get your game on with Fast Money gear.




Wanna See Our PhotosFAST MONEY PHOTOS!
Check out our scrapbook.  These "pix" are guaranteed winners.




SignupNewsletterNEWSLETTER
Sign up and receive a recap email every Friday after the show!





FM Mobile AlertFAST MONEY MOBILE ALERTS
Get advanced information about the next Fast Money.



Fast Money DisclaimerFast Money BiosAbout Fast MoneyRapid RecapFast Money Home
Text Size
Jul.01
6:18 PM ET

Pop & Drop
Following are the day’s biggest winners and losers. Find out why shares of General Mills and Petrochina popped while Marriott and Myriad Genetics dropped.

POPS (stocks that jumped higher)

General Mills (GIS) popped 4%. The company announced higher than expected earnings in the fourth quarter and boosted its 2010 earnings estimates. - I think it could go to $60, muses Guy Adami.

Petrochina (PTR) popped 2%. Beijing permitted fuel prices to increase by as much as 11%. - Higher prices is good news for this company, says Tim Seymour.

Oshkosh Corp. (OSK) popped 26%. The military said this company was the "clear winner" in a multibillion-dollar competition to build new blast resistant, off-road vehicles for ground forces in Afghanistan. - I would be taking quick profits in this, reveals Guy Adami.

Constellation Brands (STZ) popped 7%. The alcoholic beverage company said it’s benefiting from consumers switching from higher-priced drinks to those that offer more buzz for the buck. - Not only in the US, but sales are also higher in the UK, adds Tim Seymour.

Anheauser-Busch Inbev (ABI) popped 5%. The brewer announced plans to sell 3 manufacturing plants and a metal lid plant for almost $600 million. - It seems to me they want to consolidate and get rid of wholesalers, speculates Joe Terraova.

Coca Cola (KO) popped 2%. Consumer stocks including this one surged higher on data that suggested the recession could be easing. - I think this is an example of investors chasing dividends, says Pete Najarian.

DROPS (stocks that slid lower)

Marriott (MAR) dropped 4%. This and other hotels slipped after Barclays cut the U.S. lodging sector to ‘negative’ from ‘neutral’. Marriott expanded right as the credit crisis hit and I don't think there are enough lodgers for them, speculates Joe Terranova.

Myriad Genetics (MYGN) dropped 27%. The firm missed on earnings and forecast worst than expected full year revenue. - Unemployed people are losing their insurance and that's hurting this company, explains Pete Najarian. Without insurance they're not getting work done.


Pops & Drops
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...




______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap! If you'd prefer to make a comment but not have it published on our website send your e-mail to .

Trader disclosure: On July 1st, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour Owns (AA), (AAPL), (BAC), (BX), (F), (NUE), (EEM); Seymour's Firm Owns (FCX), (YHOO); Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU; Terranova Owns (XBI), (ABT), (MSFT), (UUP), (RIMM; Najarian Owns (F) Call Spread; Najarian Owns (GS) Call Spread; Najarian Owns (INTC) Call Spread; Najarian Owns (JPM) & Short (JPM) Calls; Najarian Owns (PALM) call Spread; Najarian Owns (YHOO) Call Spread; Najarian Owns (ELN) Calls

© 2009 CNBC.com

Tools:
PrintEmailAdd This share icon
Next Post
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 03:31:20 08 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 03:31:20 08 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 03:31:20 08 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 03:31:20 08 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters