This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Google Rises on YouTube Ad Plan

Editor's Note: In this feature from Stockpickr, we highlight lists of stocks that have been upgraded by analysts or are experiencing activist situations or other market-moving events.

Rumors of the Day: Google (GOOG) is preparing to roll out its first attempt at selling ads within YouTube videos, according to reports in the Wall Street Journal and elsewhere. Reports say ads will show up at the bottom of the video screen and appear 15 seconds after the video starts. The ads will be displayed for 10 seconds.

Separately, Google launched Sky, a new feature for Google Earth that allows users to view and navigate through 100 million individual stars and 200 million galaxies. Google shares jumped $5.63 Wednesday afternoon, reaching $512.24.

Nymex Holdings (NMX) on late Tuesday acknowledged that it had held takeover talks. "The company has talked to certain parties regarding a potential business combination," the company said in a statement. "Since discussions have been preliminary, there can be no assurance that the company will enter into any transaction; although the chairman indicated his belief that any transaction would have to be at a meaningful premium to the company's current share price." The stock surged $8.26 to $127.04 on Wednesday.

Today's Hot List: MGM Mirage (MGM) and Dubai World have signed definitive agreements to form a long-term strategic relationship whereby Dubai World will invest about $5 billion in MGM, consisting of a $2.7 billion investment in CityCenter and up to $2.4 billion in MGM common stock. The companies will enter into a 50/50 joint venture in the landmark CityCenter development in Las Vegas, and Dubai World will acquire a significant minority equity position in the company. MGM is soaring $6.50, or 8.8%, to $80.82.

Tween Brands (TWB) reports second-quarter earnings of 7 cents a share, vs. 15 cents a share predicted in a Thomson Financial poll of analysts. The company reported $213.7 million in revenue, vs. analysts' expectation of $211.87 million. Tween said that it is estimating earnings of between 40 cents and 45 cents per diluted share for the third quarter ending Nov. 3, below the 58 cents per diluted share reported for the year-ago period. Analysts had expected 68 cents a share. Tween plunged $10.85, or 28.1%, landing at $27.74.

Analyst Downgrades: Jeffries downgraded American Capital Strategies (ACAS) to hold, from buy. The stock was sinking 44 cents to $40.28.

Analyst Upgrades: UBS upgraded Campbell Soup (CPB) to buy, from neutral. The stock was gaining $1.12 to $37.07.

Latest Activist Situations: Daniel Loeb's Third Point disclosed a 9% stake in Bausch & Lomb (BOL) in a regulatory filing after Tuesday's close. Bausch & Lomb is currently in a definitive merger agreement with Warburg Pincus to be acquired for $65 per share. Rival Advanced Medical Optics (EYE) recently withdrew its $75-per-share offer for Bausch & Lomb. Bausch & Lomb shares gained 43 cents to $62.93 Wednesday.

Stockpickr is a wholly owned subsidiary of TheStreet.com.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs