Notable 52-Week Highs and Lows of the Day 11/29: (EBAY) (KR) (LOW) High; (EBR) (FMD) Low

November 29, 2012 2:07 PM EST
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:
  • eBay Inc. (Nasdaq: EBAY) $52.80. eBay getting a bump higher from Nomura with respect to its Bill Me Later program. For more on the analyst comments, click here.

  • The Kroger Co. (NYSE: KR) high of $26.20. Kroger popping 4.6 percent as the grocer reported a 3 cent EPS beat and stronger than expected revs of $21.8 billion with its third-quarter results today.

  • Lowe's (NYSE: LOW) high of $36.27. Lowe's, like peer Home Depot (NYSE: HD) thrives on good news out of the home building segment. Today, pending home sales rising 5.2 percent in October easily outpaced expectations for a 1 percent jump and clobbered a 0.3 percent rise the prior month.

  • Monsanto (NYSE: MON) high of $93.00. Monsanto has been up the last seven of eight session, higher again today on plans for a $100 million expansion to Nebraska, Iowa and Indiana seed processing plants. Headlines come from the AP today.
52-Week Low:
  • Centrais El├ętricas Brasileiras S.A. Eletrobras (NYSE: EBR) low of $2.94. Electrobras as policymakers in Brazil signaled that the Selic rate would remain low at 7.25 percent, The move might hint at slowing growth in Brazil and/or lawmakers are positioning for a tougher macro climate moving forward into 2013.

    The move ends the second-longest streak of rate cuts on record for Brazil.

  • The First Marblehead Corporation (NYSE: FMD) low of $0.64. First Marblehead on a second day of weakness following settlement with The Education Resources Institute on Tuesday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Special Reports

Related Entities

Pending Home Sales, Nomura

Add Your Comment