Closing Bell: Bulls gutting bears (ATVI, EWBC, GE, JASO, ENZN, MCD)

Activision Blizzard, Inc. (NASDAQ: ATVI) was up ahead of tonight's expected largest media event for a game or a movie. "Call of Duty: Modern Warfare II" hits tonight at midnight, and it is expected to do close to $500 million in the first week alone. Shares were up 2.2% at $11.50 ahead of the close.

East West Bancorp Inc. (NASDAQ: EWBC) soared after it won an FDIC-backed bank takeover of United Commercial Bank. Shares were up a whopping 54% at $13.38 ahead of the closing bell.

General Electric Company (NYSE: GE) rose as it set the approximate valuation for its NBC Universal unit at $30 billion, in agreement with Comcast that could lead the framework of a deal being signed for the unit. Shares were up 3.3% at $15.84 ahead of the close.

JA Solar Holdings Co., Ltd. (NASDAQ: JASO) soared after Morgan Stanley raised its rating to OVERWEIGHT from Equal-Weight ahead of earnings. Shares were up 9.4% at $4.06 ahead of the closing bell.

Enzon Pharmaceuticals, Inc. (NASDAQ: ENZN) rose on a $300 million-plus sale of four of its pharmaceutical products to Sigma-Tau Pharmaceuticals. Shares were up almost 7% at $9.60 right before the close.

McDonald's Corporation (NYSE: MCD) rose on its same store sales being up over 3.3%, but U.S. same store sales remain more of a concern than some of its other growth. The golden arches was up 1.2% at $62.46 ahead of the closing bell.