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Pops & Drops: Las Vegas Sands, Eastman Kodak...

Thursday, 28 Oct 2010 | 5:40 PM ET

Following are moves you might have missed. Find out why shares of Las Vegas Sands and Eastman Kodak popped while 3M and Autonation dropped.

POPS (stocks that jumped higher)

Las Vegas Sands (LVS) popped 7%. The company posted a better-than-expected third-quarter profit on Wednesday due to strong results at its new Singapore resort and in Macau. - I think the stock goes higher but I wouldn't rush in tomorrow, says Guy Adami.

Stock Pops & Drops
The Fast Money traders take a look at today's biggest market movers.

Eastman Kodak (EK) popped 16%. The company narrowed its losses and beat Wall Street forecasts due to a technology licensing deal, an encouraging sign that more lucrative licensing deals would be on Kodak's horizon. - I'm not sure what to say except it's not a growth company, says Gary Kaminsky.

USEC (USU) popped 7%. The U.S. Department of Energy (DOE) is proceeding to the next stage of the $2 billion loan guarantee process for the company's American Centrifuge Plant. - Nuclear is likely a part of the our nation's energy future, says Tim Seymour.

DROPS (stocks that slid lower)

3M CO. (MMM) dropped 6%. The maker of Post-Its found itself in a sticky situation after it reduced the top end of its annual forecast by 6 cents, although the company did see sales rise in four of its six business segments. - I'd get out and wait to see if it bases around $80, says Joe Terranova.

Autonation (AN) dropped 7%. The company posted third-quarter results that fell short of analyst estimates and its chief executive projected a long, slow recovery for auto sales that will hinge on the strength of the economic rebound. - I do not like this stock, says Steve Cortes.




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Trader disclosure: On Oct. 28, 2010, 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 (AAPL), (BAC), (STD), (PBR), (POT); Adami owns (AGU), (BTU), (NUE), (C), (GS), (INTC), (MSFT); Adami’s wife works at Merck; Terranova owns (APA), (AAPL), (AXP), (C), (GOOG), (GS), (ISRG), (JPM), (ORCL), (PCP), (PEP), (PFE), (UPL), (VRTS), (XBI); Cortes owns (K); Cortes owns (TSN); Cortes is short crude oil; Cortes is short gold; Cortes is short (AAPL); Cortes is short (RSX); Cortes owns the S&P 500

For Gary Kaminsky
***No Disclosures**

For Joe Terranova
Terranova is chief market strategist of Virtus Investment Partners, LTD.
Virtus Investment Partners own more than 1% of (ABAX)
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For David Maris
***No Disclosures**

For Benjamin Salisbury
FBR has managed a (MEE) public offering and received compensation for investment banking services from the company in the past 12 months.
FBR makes a market in (MEE)
A member of Salisbury’s team owns shares of (RIG)
FBR makes a market in (RIG)
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FBR makes a market in (ROSE)
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For Brian Stutland
Stutland Equities is long (TLT), short calls
Stutland Equities is long U.S. Treasuries

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