Market Overview

Stocks Hitting 52-Week Highs

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Church & Dwight Co., Inc. (NYSE: CHD) shares reached a new 52-week high of $98.45 following unconfirmed market reports the company is being eyed as an acquisition target by Durex and Procter & Gamble Co (NYSE: PG). Negocios.com reported that Durex and Procter & Gamble are finalizing an offer to acquire the company and dominate the global market for condoms. Church & Dwight's Trojan brand is the market leader for the U.S. condom industry.

Callon Petroleum Company (NYSE: CPE) shares gained 0.85 percent to touch a new 52-week high of $11.82. Callon Petroleum shares have surged 46.32 percent over the past 52 weeks, while the S&P 500 index has declined 3.70 percent in the same period.

Incontact Inc (NASDAQ: SAAS) shares reached a new 52-week high of $13.895 after the company agreed to be acquired by Nice-Systems Ltd (ADR) (NASDAQ: NICE) for $14.00 per share in cash..

Venaxis Inc (NASDAQ: APPY) shares gained 20.77 percent to touch a new 52-week high of $5.35. MGT Capital reported a 5.01 percent stake in Venaxis.

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

 

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