Market Overview

Stocks Hitting 52-Week Highs

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Foot Locker, Inc. (NYSE: FL) shares gained 1.36 percent to touch a new 52-week high of $64.87 after the company reported upbeat earnings for the first quarter.

Time Warner Cable Inc (NYSE: TWC) shares gained 3.79 percent to reach a new 52-week high of $171.80. Charter Communications, Inc. (NASDAQ: CHTR) is in talks with Time Warner Cable regarding a possible deal above $170 per share, according to Wall Street Journal.

Intuit Inc. (NASDAQ: INTU) shares gained 4.31 percent to reach a new 52-week high of $108.65 after the company reported stronger-than-expected earnings for the fiscal third quarter and raised its forecast for the full year.

eLong, Inc. (ADR) (NASDAQ: LONG) shares touched a new 52-week high of $26.55 following the announcement of Ctrip.com International, Ltd. (ADR) (NASDAQ: CTRP) stake. Ctrip acquired a 37.6 percent equity stake in eLong.

 

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Posted-In: 52-Week HighsNews Intraday Update Markets Movers