ARM Holdings Posts Q4 Results and 4 Stocks Reaching 52-Week Highs
Aecom Technology Corporation (NYSE:ACM): Closing price $27.26
The company invested $173 milllion during the quarter to repurchase 8 million shares. Shares closed up 7.7 percent on the day at $27.26, and have been traded in a 52-week range of $14.50 to $25.87.
Automatic Data Processing (NASDAQ:ADP): Closing price $61.23
ADP continues to expect a 5 to 7 percent revenue growth, with consensus at $11.3 billion and equal 5 to 7 percent growth in diluted earnings from continuing operations compared to $2.72 in its fiscal year 2012, excluding the gain recorded in the second quarter consensus of $2.91. Shares closed up 2.82 percent on the day at $61.23, and have traded in a 52-week range of $50.89 to $60.75.
ARM Holdings (NASDAQ:ARMH): Closing price $43.69
ARM’s fourth quarter normalized earnings rose by 10 percent from the prior year to 4.08p from 3.71p, while revenue grew by 21 percent to $262.8 million from $217 million year-over-year from 2011. Fourth-quarter processor royalty revenue grew 21 percent year-over-year with shipments of chips based on ARM processor tech rising to 2.5 billion. Shares closed up 4.15 percent on the day at $43.69, having been traded in a 52-week range of $21.64 to $42.79.
Becton Dickinson and Company (NYSE:BDX): Closing price $87.67
The firm is elevating the bottom end of its revenue growth guidance for the year of between 3.5 to 4.5 percent to between 4 and 4.5 percent on a foreign currency-neutral basis. Revenue growth for fiscal year 2013 should be between 3.5 and 4 percent, with consensus at $7.94 billion. Becton plans to buy back $500 million of its common stock in its fiscal year 2013. Shares closed up 2.95 percent on the day at $87.67 and have traded in a 52-week range of $71.56 to $85.89.
Cardinal Health (NYSE:CAH): Closing price $44.68
Cardinal Health declares forth quarter earnings of 93 cents with consensus of 86 cents. Shares closed up 2.34 percent on the day at $44.68, having been traded in a 52-week range of $36.91 to $45.23.
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