CVS and Home Depot Score Annual Stock Price Highs Today
Two big name companies were able to please large employee bases and shareholders with a high mark on stock price value. Here’s why these companies were up in trading action today:
CVS Corp. (NYSE:CVS): The Federal Trade Commission settles with CVS Caremark for $5 million. FTC had charge the company for misrepresentation of Medicare prescription prices. The shares closed at $42.15, up $0.11 or 0.26 percent. Their 52-week trading range had been $31.30 to $42.19.
Home Depot (NYSE:HD): Home Depot says spring is here as it announces to hire up to 70,000 plans seasonal workers. Must be good for the company as half of last years seasonal employees turned into permanent positions. The shares closed at $43.39, down $0.07 or 0.16 percent. Their 52-week trading range had been $28.13 to $43.60.