4 Stocks Hit 52-Week Highs: Taiwan Semiconductor, United Rentals, Tangoe, Thomas Properties

Taiwan Semiconductor (NYSE:TSM): Taiwan Semiconductor has seen its sub-40nm production capacity nearly taken to its maximum point by the company’s top-10 global clients, according to Digitimes. The shares closed at $14.32, up $0.14 or 0.99% on the day. They have traded in a 52-week range of $10.75 to $14.43.

United Rentals (NYSE:URI): United Rentals and RSC Holdings (NYSE:RRR) announced that United Rentals received a “no-action letter” from the Canadian Competition Bureau indicating that the Bureau does not intend to oppose completion of the previously announced acquisition of RSC Holdings by United Rentals. The receipt of the “no-action letter” satisfies one of the conditions to the closing of the proposed transaction. Completion of the proposed transaction remains subject to certain other closing conditions, including, among others, approvals of the stockholders of United Rentals and RSC Holdings. The shares closed at $40.41, down $0.78 or 1.89% on the day. They have traded in a 52-week range of $12.81 to $41.90.

Tangoe Inc. (NASDAQ:TNGO): Sees 2012 revenue $137M-$139M vs. consensus $135.46M. The shares closed at $16.81, down $0.88 or 4.97% on the day. They have traded in a 52-week range of $8.01 to $17.78.

Thomas Properties (NASDAQ:TPGI): Reports Q4 revenue $21.6M vs. $22.3M om Q4 of 2010. Consensus $15.54M. The shares closed at $4.05, up $0.07 or 1.76% on the day. They have traded in a 52-week range of $1.88 to $4.02.

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com