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Notable 52-Week Highs and Lows of the Day 10/18: (SBUX) (DPZ) (GWW) High; (HSP) (ACPW) (STRI) Low

October 18, 2011 3:58 PM EDT
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:
  • Starbucks Corporation (Nasdaq: SBUX) high of $42.94. Starbucks moving to new highs following hedge fund manager David Einhorn blasting Green Mountain yesterday, saying it's time was up. KeyBanc issued a defensive note on Green Mountain this morning, settling shares. Starbucks is hoping to make larger household penetration with Green Mountain's K-Cup-like offerings.

  • Domino's Pizza, Inc. (NYSE: DPZ) high of $30.27. Dominos moved 8.7 percent higher on the session following its quarter earnings report Tuesday morning. Dominos had EPS of $0.36 and revs of $376.3 million, versus the analyst estimate of $0.33 and revs of $370.05 million.

  • W.W. Grainger, Inc. (NYSE: GWW) high of $166.33. Grainger moving 7.3 percent on the session after reporting third-quarter earnings of $2.44 per share on revenue of $2.11 billion, both beating estimates calling for EPS of $2.33 and revs of $2.1 billion. Looking ahead, Grainger sees fiscal 2011 earnings of $8.80 to $9.00 per share, up from prior guidance of $8.40 to $8.70, and the Street's $8.76 outlook.

  • Nordstrom Inc. (NYSE: JWN) high of $52.61. Nordstrom seeing about 5.2 percent of upside as Macquarie initiated today with an Outperform rating and $60 price target.
52-Week Low:
  • Hospira Inc. (NYSE: HSP) low of $29.03. Hospira lower after issuing guidance. The company sees third-quarter sales of $977 million, versus the consensus of $1.07 billion. EPS expected to be 66 cents, below the Street's estimate of 95 cents. Hospira also lowered its fiscal 2011 EPS guidance from $3.90 to $4.00 to a range of $2.95 to $3.05, which compares to the Street estimate of $3.92.

  • Active Power, Inc. (Nasdaq: ACPW) low of $1.13. Active Power lower after reporting third-quarter expectations for revenue of $18 to $21 million, with EPS of ($0.02) to $0.02. The Street is looking for $20.3 million in revs and a loss of 1 cent per share.

  • STR Holdings, Inc. (Nasdaq: STRI) low of $7.16. After the market closed Monday, STR issued a caution, saying third-quarter non-GAAP earnings could be $.01 to $.02 per share lower than the previously published guidance range of $0.12 to $0.16 per share. The street is looking for EPS of $0.14. The final determination of earnings per share is subject to a number of factors currently being estimated in accordance with normal accounting practices, including the effective tax rate and the appropriate level of bad debt reserves.



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