Notable 52-Week Highs and Lows of the Day 09/22: (GIS) (GR) High; (FCX) (AA) (FDX) (C) Low

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:

• General Mills, Inc. (NYSE: GIS) high of $39.80. General Mills is acutally continuing higher from yesterday, after a solid second-quarter earnings report. Shares moved up an additional 3.5 percent on the session, after closing 2.5 percent higher.
  
  
• Goodrich Corp. (NYSE: GR) high of $120.93. Goodrich has been trending higher since late last week on reports the United Technologies (NYSE: UTX) might make a bid for the company. Late Wednesday, those talks became reality as United made a $127.50 per share cash bid for Goodrich. Curiously, Goodrich only moved up to nearly $121, still 5.4 percent below the bid price.

52-Week Low:

• Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) low of $30.97. Freeport-McMoRan continues the trend lower as metals are showing weakness with the overall market. Freeport-McMoRan closed 7.7 percent lower last week, and are off 27 percent since last Thursday.
  
  
• Alcoa, Inc. (NYSE: AA) low of $9.98. Alcoa is off nearly 8 percent on the selloff today. The stock took a big step lower under the $11 price level, as volume strengthened on the move. Investors and traders are shifting commodities and going into cash as economic outlooks have become bleak on Fed comments and China's manufacturing sector.
  
  
• FedEx Corporation (NYSE: FDX) low of $64.55. FedEx reported a first-quarter earnings beat, with EPS of $1.46 and revenue of $10.52 billion, versus consensus views calling for EPS of $1.45 and revenue of $10.32 billion. However, FedEx cut fiscal 2012 earnings guidance from an range of $6.35 to $6.85 to a range of $6.25 to $6.75; the Street consensus is currently at $6.40. FedEx moved as much as 11 percent lower on the session.
  
  
• Citigroup, Inc. (NYSE: C) low of $23.40. Citigroup, along with many others in the financial sector, are getting slammed today, just days after a Moody's downgrade, as European exposure concerns have now been raised. Citi is down over 50 percent from a high of $51.47 reached in mid-January this year. Other notable financials hitting fresh 52-week lows include Goldman Sachs (NYSE: GS) at $92.09, J.P. Morgan (NYSE: JPM) at $28.62, and Morgan Stanley (NYSE: MS) at $12.49.

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