United Airlines (UAUA) popped 19%. JPMorgan upgrade the airline to overweight from underweight citing improving trends. - I'm not a buyer on this upgrade, says Jon Najarian.
US Nat Gas Fund (UNG) popped 10%. This ETF that tracks nat gas moved in tandem with the underlying commodity; higher. - That's a big move, says Pete Najarian.
Manitowoc (MTW) popped 7%. The stock is still riding from an upgrade earlier in the week. - Nice lift, says Pete Najarian.
AngloGold (AU) popped 3%. The company announced plans to expand into the Congo, mining’s last frontier. - Pretty good, says Tim Seymour.
Tiffany & Co. (TIF) popped 2%. Credit Suisse upgraded the jeweler to 'outperform' from 'neutral', citing its strong brand image and potential for top line growth.
RadioShack (RSH) popped 8%. Morgan Stanley upgraded the company to ‘overweight’ from ‘equal weight’, saying the it may increase share buybacks
DROPS (stocks that slid lower)
Navistar (NAV) dropped 7%. The truck and engine maker reported a third quarter loss and lowered its full year earnings outlook. - That's no good, says Tim Seymour.
Monsanto (MON) dropped 5%. The ag name forecast fiscal 2010 earnings below Wall Street estimates, due in part to a glut of herbicide supply.
Got something to to say? Send us an e-mail at email@example.com 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 firstname.lastname@example.org.
Trader disclosure: On Sept. 10th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (AAPL) & Short (AAPL) Calls; Najarian Owns (BAC) & Short (BAC) Calls: Najarian OWns (C) Calls: Najarian Owns (FCX), Owns (FCX) Put, Is Short (FCX) Calls; Najarian Owns (JPM) & Is Short (JPM) Calls; Najarian Owns (JOYG) & Short (JOYG) Calls; Najarian Owns (MS) And Is Short (MS) Call; Najarian Owns (MSFT) And Is Short (MSFT) Call; Najarian Owns (MOS) Call Spread; Najarian Owns (PALM) Calls; Najarian Owns (RIMM) Call Spread; Najarian Owns (TEVA); Najarian Owns (V) & Short (V) Calls; Najarian Owns (YHOO) Calls; J Najarian Owns (AAPL), (BAC), (C), (BX), (ESLR), (GS), (GLW), (HGSI), (NUE), (PDE), (SUN), (WFC); Seymour Owns (AA), (AAPL), (BAC), (BX), (DRY), (EEM); Seymour's Firm Is Short (FXI), (F), (RIG); Karabell Owns (AAPL), (BHP), (C), (FCX), (FXI), (IBM), (JPM), (MON), (NOK), (HON)
For Charles Boorady
Citi has managed an offering of securities of (CI)
Citi has received compensation from (AET)
Citi has received compensation from (CI)
Citi has received compensation from (UNH)
Citi has has (CI) as a client in past 12 months
Citi has has (AET) as a client in past 12 months
Citi has has (HUM) as a client in past 12 months
For Joseph Greff
J.P. Morgan has an investment banking relationship with Bally, Boyd, Carnival, Host Hotels & Resorts, International Game Technology, LaSalle, Mariott, MGM Mirage, Pinnacle, Royal Carribean Cruise, Starwood, Sunstone, WMS Industries.
A J.P. Morgan exec it on the board of Choice Hotels International.