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Pops & Drops: McDermott, Comcast...

Following are the day’s biggest winners and losers. Find out why shares of McDermott and Comcast popped while Gold Fields and TD Ameritrade dropped.

POPS (stocks that jumped higher)

McDermott (MDR) popped 11%. The offshore oil and gas contractor announced it will spin off its nuclear-equipment unit in order to make it eligible for government contracts. - Investors seem to really like the split, says Pete Najarian.

Comcast (CMCSA) popped 7%. Following last week's big deal with GE to acquire NBC Universal, Barron's said the company now looks like a bargain. - I think Barron's is right, muses Guy Adami.

US Nat Gas Fund (UNG) popped 6%. The ETF that tracks the price of natural gas moved in tandem with the commodity, higher. - I'd look at Chesapeake or Apache instead, says Joe Terranova.

The Merrill Bull. The bull will make a comeback – as Bank of America has agreed to allow Merrill Lynch bankers to use the old bull logo on their business cards. The bull, which was created in 1974, was nixed in June as part of a re-branding strategy, and after much lobbying from the Merrill staff, it will now be displayed on the back of the BofA Merrill card

Akamai Technologies (AKAM) popped 2%. The firm increased its fourth quarter revenue and earnings outlook, topping analysts' estimates. - Giddyup, says Pete Najarian.

Advanced Micro Devices (AMD) popped 8%. Rival Intel scrapped plans to develop a new graphics chip.

DROPS (stocks that slid lower)

Gold Fields (GFI) dropped 3%. This South Africa- based gold producer moved lower – along with the spot price of gold. - I'm a buyer around $13, says Tim Seymour.

TD Ameritrade (AMTD) dropped 3%. Goldman Sachs downgraded the discount brokerage sector and cut TD to a 'neutral' from a 'buy'. - I like this stock at $17.50, says Guy Adami.

Amazon (AMZN) dropped 2%. Investors took profits after the stock touched record highs.




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Trader disclosure: On December 7th, 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), (C), (GS), (INTC), (MSFT), (BTU), (NUE); Seymour Owns (CHL), (AAPL), (BAC), (GE), (MSFT); Najarian Owns (AAPL) Calls; Najarian Owns (BAC) Calls; Najarian Owns (DD), Owns (DD) Calls Spread; Najarian Owns (GE) Calls; Najarian Owns (INTC), Is Short (INTC) Calls; Najarian Owns (TXN), Is Short (TXN) Calls

GE Is The Parent Company Of CNBC
NBC Universal Is The Parent Company Of CNBC

For Joe Terranova
Terranova Works For (VRTS)
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
Virtus Investment Partners Owns More Than 1% Of (CLB)
Virtus Investment Partners Owns More Than 1% Of (DLR)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (DBV)

Virtus Investment Partners Owns More Than 1% Of (UA)

For Brian Kelly
Kelly Owns (FXY) Puts
Kanundrum Capital Owns (TBT)
Kanundrum Capital Is Short (FXY)
Kanundrum Capital Is Short (FXF)
Kanundrum Capital Is Short (FXB)

For Jim Suva
Citigroup Global Markets Employees Own (RIMM)
A Citigroup Global Markets Employee Owns (GLW)
Citigroup Global Markets Or Affiliates Owns 1% Or More Of (RIMM), (PALM)
Citigroup Global Markets Has Received Investment Banking Compensation From (MOT) In Past 12 Months
Citigroup Global Markets Or Affiliate Received Non-Investment Banking
Compensation From (MOT), (GLW), (PALM) In Past 12 Months
(MOT) Is Or In Past 12 Months Was An Investment Banking Client Of Citigroup Global Markets
(MOT), (GLW), (PALM) Are Or In Past 12 Months Were Clients Of Citigroup Global Markets (Non-Investment-Banking, Securities-Related)
(MOT), (GLW) Are Or In Past 12 Months Were Clients Of Citigroup Global Markets (Non-Investment-Banking, Non-Securities Related)
Citigroup Global Markets Or Affiliate Received Compensation From (MOT) In Past 12 Months
Citigroup Global Markets Is A Market Maker In (RIMM), (PALM)
Citigroup Global Markets And/Or Affiliates Has A Significant Financial Interest In Relation To (GLW), (MOT)

For Craig Berger
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (ONNN)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (INTC)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (NVDA)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (MRVL)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (LLTC)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (MXIM)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (ATML)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (LSI)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (SLAB)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (MSCC)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (QCOM)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (ATHR)