Sunday, January 4, 2015

Stocks Hitting 52-Week Highs

Related VIMC Morning Market Movers Benzinga's Top #PreMarket Gainers Related MOVE US Stock Futures Surge Ahead Of Walgreen Earnings, Economic Data Benzinga's M&A Chatter for Thursday September 4, 2014

Vimicro International (NASDAQ: VIMC) shares reached a new 52-week high of $11.70 after the company announced a $12.4 million contract win in Taiyuan City of Shanxi Province. The company's joint venture, Shanxi Zhongtianxin Science and Technology Co, secured a $65 million revolving line of credit.

Move (NASDAQ: MOVE) shares jumped 36.82% to touch a new 52-week high of $20.92 after the company agreed to be acquired by News Corp (NASDAQ: NWSA) for $21 per share, or $950 million.

Cintas (NASDAQ: CTAS) shares jumped 5.96% to touch a new 52-week high of $69.88 after the company reported upbeat fiscal first-quarter earnings and issued a strong fiscal 2015 earnings outlook. The company also reported it is evaluating strategic options for Document Storage and Imaging unit.

Teekay (NYSE: TK) shares rose 13.26% to reach a new 52-week high of $66.10 after the company adopted a new dividend policy and announced its plans to increase dividend by 75%-80%.

Posted-In: 52-Week HighsNews Intraday Update Markets Movers

© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  Related Articles (CTAS + MOVE) Stocks Hitting 52-Week Highs Morning Market Movers UPDATE: Bank Of America Reiterates On Cintas Corporation As Improving Trends Are Reflected In Shares Benzinga's Top #PreMarket Gainers #PreMarket Primer: Tuesday, September 30: Hong Kong Protests Continue Despite Efforts To Disperse US Stock Futures Surge Ahead Of Walgreen Earnings, Economic Data Around the Web, We're Loving... We're Now Hiring Journalists for our Newsdesk! Better Manage Your Persona

No comments:

Post a Comment