Starbucks, YUM! Among Stocks Reaching 52-Week Highs at S&P 1,405
Starbucks Corp. (NASDAQ:SBUX): Seattle’s Best Coffee, the secondary brand owned by Starbucks (NASDAQ:SBUX), opened a new drive-thru test location in a Chicago suburb as it trials a design intended for neighborhoods that lack premium coffee outlets, reported Nation’s Restaurant News yesterday. Starbucks has previously spoken of the billion-dollar potential of Seattle’s Best as an option that could go where its premium Starbucks brand might not fit, the report noted. The shares closed at $53.73, up $0.18 or 0.34% on the day. They have traded in a 52-week range of $33.72 to $53.57.
Premier Exhibitions (NASDAQ:PRXI): RMS Titanic, a subsidiary of Premier Exhibitions (NASDAQ:PRXI) announced that the company will enter into a relationship with QVC. As the only company permitted by law to recover objects from the wreck site of Titanic, RMS Titanic, Inc. will work closely with QVC to design several Titanic-inspired products including jewelry, home goods, giftware and a fragrance, “Legacy 1912Titanic.TM”. QVC is a wholly owned subsidiary of Liberty Interactive (NASDAQ:LINTA). The shares closed at $3.23, down $0.01 or 0.31% on the day. They have traded in a 52-week range of $1.46 to $3.28.
U.S. Silica Holdings (SLCA): Included in Q4 EPS earnings per share were non-recurring management advisory fees of $8.3M or 11c per share tax effected. The shares closed at $21.09, up $1.28 or 6.46% on the day. They have traded in a 52-week range of $15.38 to $20.91.
Yum! Brands (NYSE:YUM): China is on track for a soft landing, said Zhu Min, the deputy managing director at the IMF, according to China Daily. Speaking at a conference yesterday, Zhu said he’s optimistic that China will avoid economic difficulties, the publication added. The shares closed at $70.21, up $1.15 or 1.67% on the day. They have traded in a 52-week range of $47.15 to $69.35.
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