Electronic Arts (ERTS) dropped 3%. Microsoft denied market speculation that it was in talks to buyout the company. - If Microsoft isn't interested I think someone will be, speculates Guy Adami. I like this stock.
AnnTaylor (ANN) dropped 5%. Goldman downgraded the stock to ‘neutral’ from ‘buy.’ - It's never good to be downgraded, says Karen Finerman.
Bed Bath & Beyond (BBBY) dropped 3%. Although the home goods store reported a second-quarter profit that topped Wall Street estimates it refrained from boosting its profit outlook. - I like this stock in the mid-30's.
Dendreon (DNDN) dropped 5%. Investors took profits after the firm announced it had filed an application with the FDA for approval of Provenge, its prostate cancer vaccine.
Cardinal Health (CAH) dropped 3%. Deutsche Bank downgraded the healthcare provider to ‘hold’ from ‘buy’ saying the stock is fully priced
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Trader disclosure: On Sept. 24th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Terranova Owns (F); Terranova Owns (F) Calls And (F) Puts; Terranova Works For (VRTS); Finerman's Firm Owns (BAC) Preferred Shares, Finerman Owns (BAC) Preferred Shares And Owns (BAC); Finerman's Firm Owns (WFC) Preferred Shares And Is Short (WFC); Finerman Owns (WFC) Preferred Shares; Finerman Owns (RIG); Finerman's Firm Owns (MSFT), (NOK), (PBR), (WMT), (RIG), (TGT); Finerman's Firm Is Short (IJR), (MDY), (SPY), (IWM), (USO); Seymour Owns (AAPL), (AA), (BX), (EEM), (RIMM), (BAC), (RIG), (SBUX), (FXI)
For Steve Cortes
Cortes Is Short (FXI)
Cortes Owns S&P Futures
Cortes Is Short The Euro
Cortes Is Short British Pound
For Mark Mahaney
Citigroup Has Received Compensation From (GOOG)
(GOOG) Has Been A Client of Citigroup In Past 12 Months
Citi Is A Market Maker In Shares Of (GOOG)