Market Overview

Stocks Hitting 52-Week Highs

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Xcel Energy Inc (NYSE: XEL) shares touched a new 52-week high of $40.08. Xcel Energy reported the retirement of its executive vice president and chief financial officer Teresa S. Madden.

Consolidated Edison, Inc. (NYSE: ED) shares gained 1.01 percent to reach a new 52-week high of $72.77. Con Edison is expected to report 2015 earnings on February 18, 2016.

Randgold Resources Ltd. (ADR) (NASDAQ: GOLD) shares rose 7.61 percent to reach a new 52-week high of $84.26. Randgold Resources reported a 6 percent year-over-year rise in FY15 production.

McEwen Mining Inc (NYSE: MUX) shares gained 4.93 percent to touch a new 52-week high of $1.49. McEwen Mining shares have gained 30.28 percent over the past 52 weeks, while the S&P 500 index has dropped 6.41 percent in the same period.

 

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