Notable 52-Week Highs and Lows of the Day 07/27: (EXPE) (MRK) (WY) High; (CIM) (AONE) (APKT) Low

July 27, 2012 1:55 PM EDT Send to a Friend
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:
  • Expedia (Nasdaq: EXPE) high of $58.40. Expedia moving higher following second-quarter 2012 results showing EPS beat by 18 cents with strong revs as well. For a brief summary of the numbers, click here.

  • Merck& Co. (NYSE: MRK) high of $45.13. Merck getting a boost after reporting its own solid numbers for the second quarter, with EPS of $1.05 and revs of $12.2 billion both besting expectations. Shares up over 4 percent to the new mark.

  • Weyerhaeuser Co. (NYSE: WY) high of $23.99. Weyerhaeuser getting a boost from second quarter results. In addition, Weyerhaeuser said it expects "significantly higher earnings from the Cellulose Fibers segment in the third quarter." Cellulose is one of its key sales segments, along with Wood Products.

  • Amgen Inc. (Nasdaq: AMGN) high of $83.00. Amgen easily beat analysts' second-quarter EPS expectations of $1.54 with a report of $1.83. Revs of $4.5 billion outpaced the Street's view of $4.08 billion. Shares moved 4.7 percent on the session Friday.
52-Week Low:
  • Chimera Investment Corporation (NYSE: CIM) low of $1.81. Chimera started the session down 15 percent Friday, though no specific news was out on the financial institution. Shares have been seeing some pressure since the middle of June following an update on its current review.

  • A123 Systems (Nasdaq: AONE) low of $0.48. A123 is continuing to see more pressure following the announcement that Dr. Paul Jacobs resigned from the company's board.

    Jacobs, who is CEO of QUALCOMM (Nasdaq: QCOM), said his time on A123's board was rewarding, but he wanted to focus more on QUALCOMM.

  • Acme Packet, Inc. (Nasdaq: APKT) low of $13.26. Acme Packet issued in-line second-quarter earnings of 13 cents per share, but guided to fiscal 2012 EPS of 43 cents to 47 cents, well below expectations of 70 cents. Revenue outlook was also light.

  • ATP Oil & Gas (Nasdaq: ATPG) low of $1.33. ATP hit following earlier reports that bondholders are getting antsy about their interest payments. Today's new low represents a 33 percent drop from Thursday's close at $1.95.



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