AbbVie Announces Q1 Results Date and 2 Stocks Riding 52-Week Highs
News Corp. (NASDAQ:NWSA): Closing price $31.41
News Corp. Chief Operating Officer Chase Carey threatened on Monday to convert Fox network to a subscription channel on cable or satellite television if the Internet startup Aereo continues to “steal” Fox”s over-the-air signal and sell it to consumers without compensating for the rights. Anyone owning an antenna can access a station’s signals for free, but cable and satellite companies typically pay stations and networks for the right to distribute their programming to subscribers. Across the industry, those retransmission fees accumulate to billions of dollars annually, however, Aereo says it is not subject to those fees. Shares closed up 2.51 percent on Monday at $31.41, and have been traded between $18.32 and $31.49 for the last 52 weeks.
Cabot Oil & Gas (NYSE:COG): Closing price $68.64
On Monday, energy stocks mostly posted broad gains in early trading as natural gas prices maintained their recent highs. Shares of Cabot climbed over 2 percent in strong trading. The move was sufficient to take the gas producer just above a 69.08 buy point in a four-weeks-tight chart pattern. Shares closed up 1 percent on the day at $68.64, having been traded in a 52-week range of $28.84 to $69.96.
AbbVie (NYSE:ABBV): Closing price $41.74
The biopharmaceutical firm will announce its first-quarter 2013 financial results on Friday, April 26th, before the market opens. AbbVie will host a live webcast of the earnings conference call at 9 a.m. Eastern, accessible through AbbVie’s Investor Relations website at www.abbvieinvestor.com. An archived edition of the call will be available after noon. Shares closed up 1.11 percent on Monday at $41.74, and have been traded between $33.33 and $41.87.