Microsoft, Intel and Allergan Achieve 52-Week Price Highs as DJIA Closes Above 12,700
Even though the markets remained in a tight range today, some notable companies delivered new stock price highs to patient shareholders. Here’s the latest news out of the star performers:
Microsoft Corp. (NASDAQ:MSFT): Hacker collective Anonymous is rumored to be circling Facebook as its next target, Business Insider reports. Following the takedowns of government sites and Universal Music Group (VIVEF) last week, the group managed to divert all traffic away from CBS.com (NYSE:CBS) over the weekend. The shares closed at $29.73, up $0.02 or 0.07% on the day. They have traded in a 52-week range of $23.65 to $29.74.
Allergan (NYSE:AGN): House Democrats, led by Representative Henry Waxman (D-CA), want Republicans who control the House Energy and Commerce Committee to hold hearings on a gastric band made by Allergan (NYSE:AGN) and transvaginal meshes made by Johnson & Johnson (NYSE:JNJ) because they say the devices are hazardous, reports Bloomberg. The shares closed at $89.36, up $1.59 or 1.81% on the day. They have traded in a 52-week range of $68.03 to $89.50.
Intel Corp. (NASDAQ:INTC): IMS Nanofabrication AG, or IMS, announced that Dai Nippon Printing Co., Ltd., or DNP, Intel, Photronics Inc. and IMS are commencing a joint electron multi-beam mask writer tool collaboration to advance development of IMS’ electron multi-beam projection technology. The engagement of DNP, a leading merchant photomask supplier to the electronics industry, augments the recent equity funding round announced by IMS that included participation from Intel and Photronics. The shares closed at $26.71, up $0.33 or 1.25% on the day. They have traded in a 52-week range of $19.16 to $26.47.
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