Following are moves you might have misesed. Find out why shares of Owens Corning and Dean Foods popped while Devon Energy and OfficeMax dropped.
POPS (stocks that jumped higher)
Owens Corning (OC) popped 7%. The company said the higher margins seen in its roofing business in recent years will continue to drive profitability. - I'm skeptical, says Zach Karabell.
Abercrombie & Fitch (ANF) popped 7% - The company posted a bigger-than-expected quarterly profit as discounts boosted traffic, and said it plans to almost double its capital expenditures this year as it ramps up international expansion. - Guy Adami told you so!
Lear (LEA) popped 4% - The company forecast its 2011 sales would rise between 5 percent and 8.3 percent, boosted by higher global auto production. - I like this stock, says Karen Finerman.
DROPS (stocks that slid lower)
Devon Energy (DVN) dropped 2%. The company said fourth-quarter profit fell 16 percent, hurt by a drop in the value of its trading positions. - I think something changed with the technicals, says Joe Terranova.
OfficeMax (OMX) dropped 10%. The company missed quarterly sales expectations and gave a cautious outlook for 2011.
Orbitz (OWW) dropped 5%. The company reported a wider quarterly loss and forecast first-quarter revenue below analysts' expectations saying its U.S. leisure business is being hurt by the absence of American Airlines from Orbitz.com.
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Trader disclosure: On Feb 16, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Terranova Owns (VRTS); Terranova Owns (C); Terranova Owns (SLXP); Terranova owns (BAX); Terranova owns (TEVA); Terranova Owns (UPL); Terranova Owns (GM); Terranova Owns (APA); Terranova Owns (CVI); Terranova Owns (SU); Terranova Owns (CNQ); Terranova owns (MS); Terranova owns (CME) puts; Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU); Adami's wife works for (MRK); Finerman's Firm Is Short (IWM); Finerman's Firm Is Short (SPY); Finerman's Firm Is Short (MDY); Finerman's Firm Is Long S&P Puts; Finerman's Firm Is Long Russell 2000 Puts; Finerman's Firm And Finerman Own (AAPL); Finerman's Firm Owns (BAC) Leap, Finerman Owns (BAC); Finerman's Firm Owns (BBY); Finerman's Firm And Finerman Own (BP); Finerman Owns (C); Finerman Owns (GOOG); Finerman's Firm And Finerman Own (HPQ); Finerman's Firm Owns (IBM); Finerman's Firm Owns (JPM), (JPM) Leap; Finerman Owns (JPM); Finerman's Firm Owns (M); Finerman's Firm And Finerman Own (MSFT); Finerman's Firm Owns (TGT); Finerman's Firm Owns (WMT); Finerman and Finerman's Firm Own (DAI); Jon Najarian owns (AAPL), is short (AAPL) calls; Jon Najarian owns (AMD), is short (AMD) calls; Jon Najarian owns (BP), is short (BP) calls; Jon Najarian owns (CBOE), is short (CBOE) calls; Jon Najarian owns (CME), is short (CME) calls; Jon Najarian owns (DE), is short (DE) calls; Jon Najarian owns (DELL), is short (DELL) calls; Jon Najarian owns (DG), is short (DG) calls; Jon Najarian owns (HPQ), is short (HPQ) calls; Jon Najarian owns (JDSU), is short (JDSU) calls; Jon Najarian owns (M), is short (M) calls; Jon Najarian owns (NDAQ), is short (NDAQ) calls; Jon Najarian owns (NYX), is short (NYX) calls; Jon Najarian owns (RIMM), is short (RIMM) calls; Jon Najarian owns (JNPR), is short (JNPR) calls; Jon Najarian owns (AET), is short (AET) calls; Jon Najarian owns (AKAM), is short (AKAM) calls; Jon Najarian owns (BX), is short (BX) calls; Jon Najarian owns (RAX), is short (RAX) calls; Jon Najarian owns (SVU), is short (SVU) calls; Jon Najarian owns (SWY), is short (SWY) calls; Jon Najarian owns (X), is short (X) calls; Jon Najarian owns (WMT), is short (WMT) calls; Karabell owns (AAPL); Karabell and River Twice Capital own (BRCM); Karabell owns (C); Karabell and River Twice Capital own (CSCO); Karabell owns (FCX); Karabell owns (GOOG); Karabell and River Twice Capital own (IBM); Karabell owns (RIMM); Karabell and River Twice Capital own (GS); Karabell owns (GE)
For Joe Terranova
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
Virtus Investment Partners Owns More Than 1% Of (ABAX)
Virtus Investment Partners Owns More Than 1% Of (AMKR)
Virtus Investment Partners Owns More Than 1% Of (CCG)
Virtus Investment Partners Owns More Than 1% Of (CASS)
Virtus Investment Partners Owns More Than 1% Of (CSVI)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (FCFS)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (KRC)
Virtus Investment Partners Owns More Than 1% Of (LDR)
Virtus Investment Partners Owns More Than 1% Of (LPHI)
Virtus Investment Partners Owns More Than 1% Of (NRCI)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (XLE)
Virtus Investment Partners Owns More Than 1% Of (XLF)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLK)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (SUBK)
Virtus Investment Partners Owns More Than 1% Of (WDFC)
Virtus Investment Partners Owns More Than 1% Of (YDNT)
Virtus Investment Partners Owns More Than 1% Of (DPUKF)
For Zachary Karabell
River Twice Capital owns (MSFT)
River Twice Capital Owns (QCOM)
River Twice Capital is short (SPY)
River Twice Capital is short (SMH)
River Twice Capital is short (QQQQ)
River Twice Capital is short (MA) puts
River Twice Capital Owns (LOGM)
For Brian Kelly
No disclosures on (FCX)
For Dennis Gartman SOT
Funds Managed By Dennis Gartman were long crude on 2/16/2011
For Mark Montagna
Montagna has no disclosures
For Rich Ilczyszyn
Ilczyszyn has no disclosures
For Anthony Scaramucci
SkyBridge Capital is a fund of funds manager. Funds held may or may not own the recommended securities.
For Mike Khouw
No disclosures on (HD)
For Guy Adami SOT
No disclosure for Adami on (HD)
For Karen Finerman SOT
Finerman's firm owned (DAI) on 12/9/2010
Comcast is the parent company of CNBC
Comcast is the parent company of NBCUniversal
GE owns 49% of NBCUniversal
GE owns 49% of CNBC
