Goodrich (GR) popped 10%. The Boeing-supplier said profit was up 58% on higher airline-repair demand. – I like it, says Guy Adami.
Electronic Data Systems (EDS) popped 8%. The computer services company beat profit expectations on a 66% increase in contracts. – It’s not trading anywhere near where it came from, says Pete Najarian.
Gasoline theft. As the price of gasoline creeps toward $4 a gallon the Petroleum Marketers Association is reporting increases in "Drive Offs": customers filling up and then speeding away without paying. To combat the problem, more stations are switching to "pay then pump" systems.
Wabtec (WAB) popped 6%. First quarter results at the train-parts supplier beat estimates; it also raised full-year estimates.
J.C. Penney (JCP) popped 4%. Discount department store stocks surged Thursday for no clear reason.
Taser (TASR) popped 20%. Taser investors received a shock after the stun-gun maker said sales and profits missed Wall Street estimates.
Skechers (SKX) popped 20%. International demand for this shoe maker's funky kicks sent profits up 37%.
Abercrombie & Fitch. Not the stock, but the brand which received some free advertising as three Obama supporters - all visibly wearing Abercrombie & Fitch emblazoned shirts - stood behind presidential hopeful Barack Obama as he spoke in Evansville, Indiana. A&F spokespeople said it was merely a coincidence.
DROPS (stocks that slid lower)
3M (MMM) dropped 2%. A slowing U.S. economy sent profits at the Dow member tumbling 28%. – I think it will become a "buy" but not yet, says Guy Adami.
Whirlpool (WHR) dropped 10%. The world's largest appliance maker said surging metal prices were partly responsible for its first quarter profit decline, and lowered full-year outlook. – I was surprised, says Karen Finerman.
Newell Rubbermaid (NWL) dropped 11%. Just one day after rival Tupperware surged on earnings, Rubbermaid cuts its full-year EPS estimate on rising costs. – They can’t get out of their own way, exclaims Jeff Macke. Stay away!
Chipotle Mexican Grill (CMG) dropped 9%. Despite posting quarterly earnings that topped expectations, shares of the burrito restaurant sold off sharply. – I wouldn’t own it here, says Karen Finerman.
Royal Caribbean (RCL) dropped 4%. Fuel costs led the cruise line to cut its full-year profit estimate.
Zimmer Holdings (ZMH) dropped 4%. The artificial joint maker reported disappointing sales growth and noted that a December product recall was more extensive than originally announced.
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Trader disclosure: On Apr. 24, 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), (MSFT), (INTC); Pete Najarian Owns (AAPL), (NOK), (TSO), (XLF), (YHOO); Pete Najarian Owns (CHK) Calls, (DD) Calls, (MSFT) Calls, (POT) Calls; Finerman Owns (GS); Finerman's Firm And Finerman Own (HD); Finerman's Firm Owns (MSFT), (SUN), (TSO), (VLO), (WMT), (YHOO), (MO), (PM), (JCP); Finerman's Firm Is Short (IYR), (IJR), (MDY), (IWM), (SPY), (COF); Charles Schwab Is A Sponsor Of "Fast Money"