Goldman Sachs CEO Has No Plans to Leave and 4 Stocks Hitting 52-Week Highs
AECOM Technology Corporation (NYSE:ACM): Closing price $30.04
The Vanguard Group has announced a 5.37 percent passive interest in AECOM Technology. Shares closed up 2.18 percent on the day at $30.04 and have been traded in a 52-week range of $14.50 to $30.00.
Acorda Therapeutics (NASDAQ:ACOR): Closing price $29.96
Acorda estimates its fiscal year 2013 combined Zanaflex and ex-U.S. Fampyra royalty and license revenue at $25 million, and SG&A expenses between $170 million and $180 million. Also, the firm expects its research and development expenses for the same period to be between $60 million and $70 million. Further, Acorda expects to be cash flow positive in the current year. Shares closed up 1.46 on the day at $29.96, having been traded in a 52-week range of $21.04 to $29.93.
Citigroup (NYSE:C): Closing price $44.00
Citigroup Chief Financial Officer John Gerspach says that he intends to use some funds that the firm reserved against toxic mortgages in its Citi Holdings division “sooner rather than later,” which should lower the unit’s drag on profits, according to Reuters. The business lost $3.7 billion in 2012. Shares closed down 0.79 percent on the day at $44.00 and have been traded in a 52-week range of $24.61 to $44.50.
Conn’s (NASDAQ:CONN): Closing price $31.68
Conn’s reports the divestiture and long-term lease back of four owned properties to STORE Capital Acquisitions. The firm received net proceeds of about $22.4 million connected with the sale, which was used to repay borrowings under its real estate loan and asset-based lending facility. Three of the properties are in Texas and the fourth is in New Mexico. Shares closed up 0.67 perecnt on the day at $31.68, having been traded in a 52-week range of $12.85 to $31.77.
Goldman Sachs Group (NYSE:GS): Closing price $154.52
Chief Executive Lloyd C. Blankfein said he has no intentions of exit the firm, according to Bloomberg, commenting that, “The combination of this being who I am and what I do and having absolutely no other interests makes me think this is what I’ll be doing for a while.” Two former Goldman Sachs chief executives, Henry Paulson and Robert Rubin, served as United States Treasury Secretaries after leaving the company. Blankfein remarked that while he would love to be asked to play such a role, “that seems like such a distant hypothetical.” Shares closed up 0.27 percent on the day at $154.52 and have been traded in a 52-week range of $90.43 to $154.32.
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