Novellus (NVLS) popped 3%. The chip maker popped on options activity - one day after the company announced a management shakeup. – This stock has something going on, says Pete Najarian.
Sotheby's (BID) popped 8%. Copy of the Magna Carta goes on sale Tuesday – and its expected to fetch upwards of $30 million.
Cadbury Schweppes (CSG) popped 2%. The beverage maker popped after the Nelson Peltz's Trian Fund urged management changes at the beverage company.
Clearwire (CLWR) popped 9%. The wireless provider popped on no news. – This is the third day in a row, says Pete Najarian. He thinks it could be a takeover target.
Adobe Systems (ADBE) popped 2%. The company posted results after the bell Monday night - sales rose 34% to $911 million. – Long term buy, says Jeff Macke.
Spectrum Brands (SPC) popped 1%. The maker of Ray-O-Vac announced an exclusive deal to sell batteries in Disney theme parks. – Guy Adami isn’t impressed.
Biogen Idec (BIIB) popped 1%. Shares bounced back after the company was crushed last week when it said it failed to find a buyer. – It was crushed last week, says Karen Finerman. Hardly a pop.
Visicu (EICU) popped 32%. Phillips Electronics went further in the medical business buying Visicu for $430 Million.
Waste Industries (WWIN) popped 21%. The Waste company jumped after it agreed to be bought out for $544 million, or $38 bucks a share. – Jeff Macke likes that this pop signal deal-making could be picking up.
Arcelor Mittal (MT) popped 2%. The steel maker said Tuesday it’s building its first new steel plant in Russia to feed a booming construction industry.
DROPS (stocks that slid lower)
Garmin (GRMN) dropped 7%. The navigation device maker said the company had lost market share in the month of November. – Karen Finerman expects the stock to go lower.
Oldest Bachelor. World's oldest man Hryhoriy Nestor dies in his sleep in the Ukraine. Family records put him at 116. The family said he always chalked up his longevity to the single life.
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Trader disclosure: On Dec. 18, 2007, 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), (DIS), (INTC); Najarian Owns (BIIB), (C), (ETFC); Najarian Owns (GOOG) Options, (GS) Options, (WYNN) Options, (YHOO) Options; Finerman's Firm And Finerman Own (GS); Finerman's Firm Owns (SUN), (TSO), (VLO), (YHOO); Finerman's Firm Owns (BEAS) Options; Finerman's Firm Is Short (SPY), (MDY), (IYR), (IJR), (IWM); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm Owns (MSFT) Calls; Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns (MDY) Puts; Charles Schwab Is A Sponsor Of "Fast Money"