Notable 52-Week Highs and Lows of the Day 07/12: (MRK) (DGX) (TXI) High; (SVU) (INFY) (IVN) Low

Article Stock Quotes (7) Comments (0)

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.

52-Week High:

• Merck & Co. (NYSE: MRK) high of $43.18. Merck & Co. higher following positive odanacatib Phase III news, issued yesterday. Shares rose 4.8 percent on the session today.
  
  
• Quest Diagnostics Inc (NYSE: DGX) high of $63.98. Moving higher on Merck news. Quest holds mid- to- high-single-digit royalties on future sales of odanacatib, according to Goldman Sachs.
  
  
• Texas Industries Inc. (NYSE: TXI) high of $43.85. After the market closed Wednesday, Texas Industries reported fourth-quarter GAAP EPS of $2.15 on revs of $174.6 million. Last year, TI reported a loss of 33 cents per share.
  
  
• American Campus Communities (NYSE: ACC) high of $46.33. Getting an extra boost as KeyBanc upgraded the stock from Hold to Buy, with a new $48 price target.

52-Week Low:

• SUPERVALU Inc. (NYSE: SVU) low of $2.61. SUPERVALU reported first-quarter EPS of 19 cents on revs of $10.6 billion, both missing views. In addition, the company suspended its dividend and is exploring strategic alternatives.
  
  
• Infosys Ltd. (Nasdaq: INFY) low of $38.12. Hit after reporting in-line first-quarter EPS of 73 cents and revs of $1.75 billion. The company sees fiscal 2013 EPS of $3.03 on revs of $7.34 billion, versus consensus views expecting EPS of $3.09 and revs of $7.47 billion.
  
  Shares dropped as much as 12.6 percent on the session.
  
  
• Ivanhoe Mines Ltd. (NYSE: IVN) low of $8.00. Ivanhoe is marking the sixth-straight session of losses today as shares continue to show weakness below the $9 level, but appear to have bottomed at $8.
  
  Miners have largely been affected by overall macro concerns, with recent slowdown in China and European bailout efforts all keeping investors on the sidelines.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Top 10 News Items for 05/20 to 05/24: A True Fed Tapering?, Japan's Nikkei Blasted, Dimons are Forever
• UPDATE: Crash in American Electric Power (AEP) & NextEra Energy (NEE) Adds to Jitters
• Streetinsider.com After-Hours Movers 05/23: (BLOX) (P) (MRVL) Higher; (SHLD) (AVEO) (CRM)

Create E-mail Alert Related Categories

Special Reports

Related Entities

KeyBanc, Dividend

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?