Stocks Hitting 52-Week Highs (ENDP, FOSL, PPCO, UHAL)

Endo Pharmaceuticals Holdings Inc ENDP shares gained 2.58% to create a new 52-week high of $25.83. ENDP has agreed to purchase Penwest Pharmaceuticals PPCO for around $168 million in cash in order to gain full access to extended-release version of Opana painkiller. Fossil Inc FOSL shares reached $45.59 to touch a new 52-week high, before falling to $45.46, representing a 7.04% gain. FOSL has reported a 227% y/y rise in its Q2 income. Penwest Pharmaceuticals Co PPCO shares rose 5.07% to create a new 52-week high of $4.97. Endo Pharmaceuticals Holdings Inc ENDP has agreed to purchase PPCO for around $168 million in cash. Amerco UHAL shares gained 1.94% to create a new 52-week high of $79.00. UHAL had reported a three-fold increase in its Q2 income. Read more from Benzinga's Company news.