Barnes & Noble, Comcast, Dollar General Lead 52-Week Highs as Dow Closes at 13,213
Barnes & Noble (NYSE:BKS): One of Microsoft’s (NASDAQ:MSFT) goals in doing the deal with Barnes & Noble (NYSE:BKS) is too unlock the hold that both Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL) have on the fast growing tablet computer market, says Reuters. The shares closed at $20.75, up $7.07 or 51.68% on the day. They have traded in a 52-week range of $9.35 to $18.73.
Comcast Corp. (NASDAQ:CMCSA): U.S. consumers spent $4.5B on home entertainment in the first quarter, up 2.5% from a year ago, with online subscriptions like Netflix (NASDAQ:NFLX) attributed as a major contributor to the rebound, reported The Wrap, citing data from The Digital Entertainment Group. The report also noted that Blu-ray disc sales increased 23%, DVD sales continued to decline and sales of film and TV shows increased 0.5% if sales via services like Apple’s (NASDAQ:AAPL) iTunes are included. The shares closed at $30.34, up $0.06 or 0.2% on the day. They have traded in a 52-week range of $19.19 to $30.44.
Conceptus (NASDAQ:CPTS): Conceptus announced that it has reached an agreement with Hologic (NASDAQ:HOLX) to settle the ongoing patent infringement litigation related to Hologic’s Adiana Permanent Contraception System. The settlement agreement resolves all outstanding litigation between Conceptus and Hologic. Under the terms of the settlement agreement, Hologic has agreed to remove its Adiana system from the worldwide permanent birth control market by May 18. In addition, Conceptus has relieved Hologic of the $18.8M payment for monetary damages awarded to Conceptus as part of the October 17, 2011 jury verdict. Both companies have agreed to withdraw their respective appeals. In February, Conceptus had filed an appeal to overturn the court’s ruling denying its motion for permanent injunction against the sale of Hologic’s Adiana system, and Hologic had filed an appeal of the jury’s finding of patent validity and infringement. Hologic has also agreed to withdraw its False Patent Marking claims filed in 2009 in the United States District Court for Massachusetts. Furthermore, both parties will file with the United States District Court for Northern California appropriate motions seeking a consent judgment to the voluntary injunction of Hologic’s sale of the Adiana product within the next 30 days. Lastly, Conceptus will receive non-exclusive licensing rights to the technology related to Hologic’s Adiana system, limited to use in the field of permanent birth control. While Conceptus has been granted these rights, it does not intend to market the Adiana system. The shares closed at $18.77, up $3.59 or 23.65% on the day. They have traded in a 52-week range of $9.68 to $15.72.
Costar Group (NASDAQ:CSGP): The combined company will retain the name CoStar Group, Inc. and will continue to trade on the NASDAQ Global Select Market under the ticker symbol CSGP. LoopNet has requested that NASDAQ suspend trading of its common stock prior to the open of trading on May 1. The shares closed at $72.89, down $0.28 or 0.38% on the day. They have traded in a 52-week range of $46.41 to $73.43.
Dollar General Corp. (NYSE:DG): Dollar General (NYSE:DG), whose stores have taken bargain hunting shoppers from Wal-Mart Stores (NYSE:WMT), is now looking to take market share from the grocery business, reports the Wall Street Journal. The shares closed at $47.46, down $0.32 or 0.67% on the day. They have traded in a 52-week range of $29.84 to $48.02.
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