Stocks Hitting 52-Week Highs

Textron TXT shares touched a new 52-week high of $38.26 after the company reported a 13% rise in its fourth-quarter income. Norfolk Southern NSC shares gained 6.18% to reach a new 52-week high of $94.19 after the company reported upbeat Q4 results. Texas Instruments TXN shares rose 1.64% to touch a new 52-week high of $44.57 after the company announced its plans to lower 1,100 jobs worldwide. The company also reported a strong rise in its fourth-quarter net profit. Signature Bank SBNY shares climbed 1.24% to reach a new 52-week high of $126.63 after Keefe Bruyette & Woods upgraded the stock from Market Perform to Outperform.