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Notable 52-Week Highs and Lows of the Day 03/30: (LIZ) (THLD) (SNSS) High; (SVU) (TSTC) Low

March 30, 2012 2:56 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:
  • Liz Claiborne Inc. (NYSE: LIZ) high of $15.39. Liz ripped Friday afternoon amid chatter the company might be involved with PE firms over a possible takeover. According to reports, Liz might be seeking up to $20 in a deal.

    For more color, click here.

  • Threshold Pharmaceuticals (Nasdaq: THLD) high of $9.07. Threshold moving higher after getting Orphan Drug Designation for TH-302 from the FDA. Shares popped 7.7 percent Friday. For more, click here.

  • Sunesis Pharmaceuticals (Nasdaq: SNSS) high of $3.17. Earlier in the session, Sunesis and Royalty Pharma announced that Royalty Pharma has agreed to pay Sunesis $25 million, under certain circumstances related to the successful development of Sunesis' lead product candidate vosaroxin, to acquire a royalty on future worldwide net sales of vosaroxin.

  • CBS Corp (NYSE: CBS) high of $33.77. CBS is making multi-year highs as it continues to assertively move above the $30 price level. Shares are up nearly 3 percent on Friday's session. CBS hasn't been at this trading level since the middle of 2007.
52-Week Low:
  • SUPERVALU Inc. (NYSE: SVU) low of $5.79. Grocers continue seeing pressure as investors and traders evaluate increasing input costs (and the phasing-out of "pink slime," which this post is not going to get into).

    With SUPERVALU last reporting quarterly results January 11th -- which produced in-line adjusted earnings and light revs -- look for another report in early April. The Street is looking for earnings of 36 cents and revs of $8.32 billion.

  • Telestone Technologies (Nasdaq: TSTC) low of $3.14. Earlier, Telestone reported fourth-quarter earnings of 29 cents per share and revs of $40.6 million. Numbers compare with EPS of $1.33 last year and revs of $54.5 million expected by the Street. The company sees fiscal 2012 revs rising $117 million.


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