Stocks Hitting 52-Week Highs

Zoetis Inc. ZTS shares surged 3.75% to reach a new 52-week high of $45.55 after the company reported stronger-than-expected earnings for its fourth quarter. Interxion Holding NV INXN shares touched a new 52-week high of $32.70 after the company reached a merger agreement with TelecityGroup. Chico's FAS Inc. CHS shares gained 6.38% to reach a new 52-week high of $18.35 following a Dow Jones report that private-equity firm Sycamore Partners is in advanced talks to buy the company. Tessera Technologies Inc. TSRA shares touched a new 52-week high of $41.64. Tessera Technologies reported Q4 adjusted earnings of $0.62 per share on revenue of $59.9 million. The company expected Q1 adjusted earnings of $0.68 to $0.72 per share.