Stocks Hitting 52-Week Highs

Salix Pharmaceuticals

shares gained 6.02% to reach a new 52-week high of $169.45 on report of takeover talks with Allergan. Allergan

is set to acquire Salix Pharmaceuticals in a deal probably worth more than $10 billion, according to Dow Jones Newswires. PSB Holdings

shares touched a new 52-week high of $8.46. PSB Holdings shares have jumped 23.61% over the past 52 weeks, while the S&P 500 index has gained 17.49% in the same period. Spectrum Brands Holdings

shares touched a new 52-week high of $88.50 after the company reported the purchase of Procter & Gamble's

European pet food unit. SK Telecom Co

shares gained 1.60% to reach a new 52-week high of $31.79. SK Telecom's trailing-twelve-month revenue is $16.21 billion.