Wal-Mart Escapes Class-Action Suit and 2 Stocks that Have Hit 52-Week Highs
Unilever Nv (NYSE:UN): The global sugar glut has entered its third year, which is the longest stretch in over a decade, as Brazil and Australia exting output and imports contract to the smallest since 2008. Raw-sugar futures traded in New York could see a drop reaching 9.9 percent to 18 cents a pound by the year’s end, according to the median of 15 estimates from traders and analysts gathered by Bloomberg. The shares closed at $37.09, up $0.56 or 1.53% on the day. They have traded in a 52-week range of $30.44 to $36.74.
Westlake Chemical (NYSE:WLK): Bloomberg cite an e-mail from a company spokesperson. The shares closed at $77.78, up $5.6 or 7.76% on the day. They have traded in a 52-week range of $34.91 to $76.46.
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Wal-Mart Stores (NYSE:WMT) won’t face class-action gender-discrimination claims in a federal court lawsuit in Texas, a judge decided, according to Bloomberg. The lawsuit accused the company of discriminating against women in pay and promotions in its Texas region. The plaintiffs’ class claims are barred by the statute of limitations and should be dismissed, U.S District Judge Reed O’Connor stated in his 19- page decision. The shares closed at $76.91, down $0.24 or 0.31% on the day. They have traded in a 52-week range of $54.81 to $77.35.
Don’t Miss: Wal-Mart Gets Off Again.