Yahoo Acquires Alike and 3 Stocks Rising to 52-Week Highs
W.W. Grainger (NYSE:GWW): Closing price $223.09
The firm has reported sales results for the month of January, during which daily sales rose by 8 percent compared to the same month in 2012, including 3 percentage points from volume, 3 from price, 1 from sales of seasonal products and 1 point from purchases. January also contained 22 selling days versus 21 selling days in 2012. The first quarter will have 63 selling days, which is one less than the 64 selling days last year. Shares closed up 2.52 percent on the day at $223.09, and have traded in a 52-week range of $172.50 to $222.05.
Hercules Offshore (NASDAQ:HERO): Closing price $7.13
Hercules Offshore posted fourth quarter continuing operations earnings of 3 cents, with consensus of 7 cents. Shares closed up 1.57 percent on the day at $7.13, having been traded in a 52-week range of $2.91 to $7.15.
Walgreen Company (NYSE:WAG): Closing price $41.95
I.D. Systems (NASDAQ:IDSY) has received a number of purchase orders from Walgreens for its latest generation of I.D. Systems’ PowerFleet wireless Vehicle Management System, which will be deployed on hundreds of material handling vehicles throughout multiple distribution centers in the United States. Walgreens initially implemented I.D. Systems’ wireless tech in 2003 and is systematically upgrading over a dozen of its facilities to the current generation of PowerFleet VMS. Shares closed up 1.13 percent on the day at $41.95, and have been traded in a 52-week range of $28.53 to $41.76.
Yahoo!(NASDAQ:YHOO): Closing price $21.21
The mobile application firm Alike has been bought out by Yahoo! and will be joining the Yahoo! Mobile team. Shares closed up 1.48 percent on the day at $21.21, having been traded in a 52-week range of $14.35 to $20.98.
Don’t Miss: Can Yahoo Transform Into a Mobile Company?