Citizens Republic HIRES JPMorgan and 4 Stocks Riding 52-Week Highs
Citizens Republic (NASDAQ:CRBC) has hired JPMorgan Chase as an adviser and is soliciting takeover bids from competitors, reports Bloomberg, citing sources. The shares closed at $19.24, up $1.6 or 9.07% on the day. They have traded in a 52-week range of $6.11 to $18.33.
Directv (NASDAQ:DTV) claims that its Q4 will see an impact from a DirecTV rate increase, blackout period. The shares closed at $50.16, up $1.36 or 2.79% on the day. They have traded in a 52-week range of $39.82 to $50.50.
General Electric Com (NYSE:GE): Yesterday, the Senate Finance Committee voted for the extension of a tax credit for wind energy producers until 2013’s end, reports The New York Times. The tax credit, which was set for expiration at the end of this year, is predicted to save wind energy producers $3.3 billion next year, the publication added. The shares closed at $20.96, up $0.44 or 2.14% on the day. They have traded in a 52-week range of $14.02 to $21.00.
Gartner (NYSE:IT): Company stated, “We continued our trend of delivering consistent, double-digit growth in the Q2. Revenue, contract value, Normalized EBITDA and EPS were again consistent with our long-term expectations. The increases in our revenue and contract value, as well as the expansion of key operating metrics such as client retention, illustrate both the strong value we provide our clients and the sizeable market opportunity for our services. As we look ahead to the second half, we remain excited about the opportunity we see in the market and expect to deliver another year of double-digit growth in our key business metrics.” The shares closed at $46.84, up $2.3 or 5.16% on the day. They have traded in a 52-week range of $31.98 to $46.69.
Liberty Global (NASDAQ:LBTYA) UPC Holding Q2 revenue rose 6 percent to EUR1.05 billion, a 2 percent increase. The shares closed at $54.21, up $1.53 or 2.9% on the day. They have traded in a 52-week range of $32.06 to $53.49.
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