Rumored Gold Find Lifts BHP

The stock jumps on news the miner could soon announce a major discovery in Australia.
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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 some other market moving events.

Rumors of the Day

: A number of published reports speculate that

BHP Billiton

(BHP) - Get Report

is close to announcing a major gold find at its Olympic Dam mine in South Australia. The stock gained $3.48, or 4.8%, to $76.01.

ValueClick

(VCLK)

gained 7% on takeover speculation.

StreetInsider.com

said potential suitors include

Microsoft

(MSFT) - Get Report

,

Time Warner's

(TWC)

AOL unit,

Yahoo!

(YHOO)

and

Google

(GOOG) - Get Report

. The stock became a popular play for takeover speculators earlier this year, after Microsoft bought aQuantive and Google swallowed DoubleClick. Shares were up $1.40 to $21.88, below its 52-week high of $36.70.

Today's Hot List

: Shares of

PetroChina

(PTR) - Get Report

were rallying 7.3% after the company won regulatory approval in China for an initial public offering on the Shanghai stock exchange. The stock jumped $12.18 at $179.40.

Arris Group

(ARRS) - Get Report

bought rival networking company

C-Cor

(CCBL)

for $730 million in cash and stock. The offer of $13.75 a share represents approximately a 39% premium to C-Cor's closing price Friday. Arris was sinking $2.43, or 17%, to $11.83, while C-Cor rocketed $2.07, or 21%, to $11.95.

Analyst Downgrades

: Bear Stearns downgraded biomedical instrument maker

Beckman Coulter

(BEC)

to peer perform from outperform. The stock is up 21% on the year and is approaching the firm's $75 price target. Bear said above-average sales growth is already priced in. Shares lost 64 cents at $72.45.

Analyst Upgrades

: Cowen upgraded

Ariba

(ARBA)

to outperform from underperform. The upgrade sent shares 70 cents higher at $10.92.

Latest Activist Situations

: In an amended regulatory filing on consumer goods maker

Lancaster Colony

(LANC) - Get Report

, Barington Capital disclosed its intention to nominate three board members at the company's annual shareholder meeting slated for Nov. 19. The stock was 25 cents lower at $37.81.

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