Stocks That Created New 52-Week Highs (BBNK, CACC, KTCC, LCUT, SANM)
Bridge Capital Holdings (NASDAQ: BBNK) shares created a new 52-week high of $7.48, before falling to $7.46, reflecting a 0.13% increase. BBNK is scheduled to post results tomorrow. Read more about this company here.
Credit Acceptance Corporation (NASDAQ: CACC) shares jumped 5.60% to create a new 52-week high of $52.24. CACC has priced $250 million of 9.125% first priority senior secured notes due 2017 in its previously-announced offering. Read more about this company here.
Key Tronic Corporation (NASDAQ: KTCC) shares created a new high of $5.01, before slipping marginally to $5.00. KTCC reported fiscal second-quarter earnings of 17 cents a share on revenue of $44.8 million, compared to year-ago earnings of a penny a share on revenue of $47 million. Read more about this company here.
Lifetime Brands Inc (NASDAQ: LCUT) shares formed a new high of $8.26, before falling to 8.25, reflecting a 3.64% gain. LCUT designs, develops and markets various consumer products in North America and is a direct competitor of Helen Of Troy (NASDAQ: HELE), which missed sales expectations for Q4. Read more about this company here.
Sanmina-SCI Corporation (NASDAQ: SANM) shares soared 14.63% to create a new 52-week high of $14.10. SANM reported FQ1 profits of $59 million, or $0.74 a share, on revenues of $1.48 billion. For the same period a year ago, the company had reported a loss of $26 million, or $0.29 a share. Read more about this company here.
