Stocks On The Move (AXL,DSCO,MGM,CMRO)

American Axle & Manufact. Holdings, Inc. (NYSE: AXL) surged as much as 20% to $7.58 on an usual volume of 15.08 million shares after Barclays Capital upgraded the stock to overweight from equal weight and lifted its price target on the stock to $13.00 from $8.00.

Discovery Laboratories, Inc. (NASDAQ: DSCO) soared 69% to $0.811 on 15.19 million shares compared to total average volume of 2.50 million shares after Discovery Laboratories, Inc. said it would meet U.S. health regulators on September 29 to review the options available to gain marketing approval for its lung drug surfaxin.

MGM MIRAGE (NYSE: MGM) jumped up $0.85 or 7.21% to $12.07 on 45.36 million shares as the company is extending the date for its previously announced offer to eligible holders to exchange a portion of the $782 million in aggregate outstanding principal amount of the company's 8.50% senior notes due 2010 for up to $500 million of the company's 10.00% senior notes due 2016.

COMARCO, Inc. (NASDAQ: CMRO) notched up 39.51% and now trades at $2.90 with a volume of 337K shares after it reported a net loss of USD0.7m or USD0.09 per share in the second quarter of fiscal 2010, ended 31 July 2009, an improvement over a net loss of USD1.6m or USD0.23 per share in the second quarter of the prior fiscal year.