Stocks That Created New 52-Week Highs (AIPC, KELYA, CTEL, SCBT)
American Italian Pasta Company (NASDAQ: AIPC) shares rose 3.25% to create a new 52-week high of $38.72. AIPC, the largest producer of dry pasta in North America, reported strong first-quarter results, with earnings exceeding the consensus by $0.21 per share.
Kelly Services, Inc (NASDAQ: KELYA) shares climbed to $14.80 to create a new 52-week high, before slipping slightly to $14.79, representing an 11.70% jump. KELYA’s results for the latest quarter exceeded consensus expectations.
Pharmacyclics, Inc (NASDAQ: PCYC) shares created a new 52-week high of $4.83, before slipping marginally to $4.81, reflecting a 5.71% gain. Merriman initiated coverage of PCYC with a “buy” rating.
SCBT Financial Corporation (NASDAQ: SCBT) shares moved up 2.28% to create a new 52-week high of $35.06. SCBT provides retail and commercial banking services, mortgage lending services, trust and investment services and consumer finance loans.
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