Comcast RDK Licensed by Pace and 2 Stocks that Have Hit 52-Week Highs
Citigroup (NYSE:C) is recruiting seven bankers in Japan in hopes that more firms will make cross-border purchases and restructure, say sources to Bloomberg. Shares closed up 3.17 percent on the day at $38.43, having been traded in a 52-week range of $23.30 to $38.40.
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Comcast Corporation (NASDAQ:CMCSA) has licensed its Reference Development Kit to Pace, which significantly speeds up the set-top box and gateway development cycle, thus moving the evolution of the consumer experience through innovative hardware and software technologies. Shares closed up 1.23 percent on the day at $37.12, and have traded in a 52-week range of $20.90 to $36.98.
Charles River Laboratories International (NYSE:CRL) has been named by AstraZeneca (NYSE:AZN) to become its preferred strategic partner for outsourced regulated safety assessment and development, extending the agreement into 2015. The latter initiated the process of transferring programs to Charles River earlier in 2012, and it should be completed by early next year, when the incremental sales through this arrangement are expected to contribute around 1 percent to Charles River’s total net sales. Shares closed down 3.06 percent on the day at $39.98, having been traded in a 52-week range of $25.52 to $41.25.