Raymond James’ Suit DISMISSED and 4 Stocks that Have Hit 52-Week Highs
Prologis Inc (NYSE:PLD) has entered into a new lease agreement in Sao Paulo, Brazil that will span over 401,523 square feet with a top global logistics provider. The company also has the intention of using the entire area. The shares closed at $36.91, up $0.84 or 2.33% on the day. They have traded in a 52-week range of $21.74 to $36.62.
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Raymond James Financ (NYSE:RJF): A $3.2 billion lawsuit Fairfax Financial (FRFHF) filed against Raymond James’ Morgan Keegan unit and Exis Capital Management concerning claims of commercial-disparagement has been dismissed by a New Jersey superior court judge, according to Bloomberg. The shares closed at $38.32, up $0.92 or 2.46% on the day. They have traded in a 52-week range of $23.16 to $38.18.
Sanofi-Aventis Sa (NYSE:SNY): According to the FDA, several consumers have complained about serious skin injuries due to the use of certain over-the-counter pain relievers that are used directly on the skin for mild muscle and joint pain relief. The agency has revealed that there currently have been 43 reported cases of burns associated with the use of OTC topical muscle and joint pain relievers that have the active ingredients menthol, methyl salicylate, and capsaicin. The injuries ranged from mild to severe chemical burns and are related to brands including Sanofi’s Icy Hot and Johnson & Johnson’s (NYSE:JNJ) Bengay, along with some others, the FDA stated in a press release today. The shares closed at $43.72, up $0.46 or 1.06% on the day. They have traded in a 52-week range of $31.00 to $42.45.
Target Corp. (NYSE:TGT): There have been no new innovations to TV, meaning that they will spend the holiday season trying to influence consumers to upgrade to larger TV screen sizes at lower prices, which could harm margins, according to Reuters. The shares closed at $65.06, up $0.68 or 1.06% on the day. They have traded in a 52-week range of $47.25 to $64.99.
U.S. Bancorp (NYSE:USB): Economists have continued skepticism in regards to what economic benefits will be seen after another round of bond buying by the Fed. The majority predict that the central bank will follow that road after its most recent policy meeting today, according to the Wall Street Journal’s latest forecasting survey. The shares closed at $34.87, up $0.93 or 2.74% on the day. They have traded in a 52-week range of $21.84 to $34.25.
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