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

Rumors of the Day

: Now that

BEA Systems

( BEAS), a stock holding of activist investor

Carl Icahn

, has received a

$17-a-share bid



(ORCL) - Get Report

, StreetInsider.com reports that Icahn may next turn his attentions to

Biogen Idec

(BIIB) - Get Report

, where his Icahn Management hedge fund already owns a roughly 1% stake. BEA shares rocketed 38% to $18.80 on news of the $6.6 billion offer, while Biogen shares were gaining 2.6% to $68.88.

Today's Hot List


General Electric

(GE) - Get Report


third-quarter earnings

of 50 cents a share, which was in-line with estimates, and revenue of $42.5 billion, slightly above the consensus estimate of $42.4 billion. The company narrowed its 2007 earnings-per-share guidance to $2.19-$2.22, vs. prior guidance of $2.18-$2.23. Analysts are looking for $2.20. GE shares sunk 2.2% to $40.69.

TST Recommends


(MCD) - Get Report

said third-quarter

earnings should exceed

analysts' estimates as global comparable sales rose 5.9% in September and U.S. same-store sales are up 3.5%. Europe comparable sales rose 5.7% last month, while Asia/Pacific, Middle East and Africa comparable sales rose 12%. The restaurant chain expects third-quarter earnings will be 89 cents a share, including 83 cents from continuing operations and an after-tax gain of 6 cents from the sale of Boston Market. Analysts are looking for earnings of 77 cents before the gain. Shares of McDonald's gained 70 cents, or 1.2%, to $56.95.

Analyst Downgrades

: Deutsche Bank



(C) - Get Report

to sell from buy, saying a new management shakeup doesn't go far enough since it leaves the Office of Chairman intact "despite performance that has repeatedly fallen short of peers and certain of their operating targets." Citi shares fell 1.4% to $47.64.

Analyst Upgrades

: Wachovia upgraded

Sprint Nextel

(S) - Get Report

to outperform. The stock is down 9% since last June and is likely within six months of a sustainable turnaround in subscriber growth. On Friday, the stock was trading flat at $17.99.

Latest Activist Situations

: StreetInsider.com's 13D Tracker points to a regulatory filing on

Crown Crafts

(CRWS) - Get Report

, in which Wynnefield Partners -- a 14.6% shareholder -- disclosed a letter it sent to the company's board of directors. Wynnefield is requesting that the textile maker form an independent committee to consider a sale or merger. Crown Crafts lost 9 cents, or 2.2%, to $4 in recent trading Friday.

Stockpickr is a wholly owned subsidiary of TheStreet.com.