Stocks Hitting 52-Week Highs

Alcatel-Lucent ALU shares gained 7.82% to touch a new 52-week high of $4.69 after Nokia NOK confirmed that it is in advanced talks to acquire Alcatel-Lucent. City National Corporation CYN shares climbed 0.58% to reach a new 52-week high of $91.93. City National's PEG ratio is 1.86. Dover Saddlery, Inc. DOVR shares rose 67.66% to reach a new 52-week high of $8.38 after the company agreed to be acquired by Webster Capital for $8.50 per share in cash. China Ceramics Co., Ltd. CCCL shares touched a new 52-week high of $1.91. China Ceramics reported Q4 earnings of $0.04 per share on revenue of $38.7 million.