Stock Market News
by TveNews

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T, ARNA, VZ, PGN, MO Hit New 52-Week Highs

Monday, June 11, 2012 8:19:09 PM

List of stocks who have just hit new 52-week highs as of Monday, June 11, 2012.

AT &T Inc. (NYSE:T) hit a new 52 week high of $35.00 in intraday trading and closed at $34.59 +1.26% on 25,904,942 shares traded. AT&T, Inc. is a holding company whose subsidiaries and affiliates provides wireless and wireline telecommunications services and equipment as well as directory advertising and publishing services in the United States and internationally.

Arena Pharmaceuticals (NASDAQ:ARNA) hit a new 52 week high of $7.23 in intraday trading and closed at $7.07 +10.12% on 24,893,300 shares traded. Arena Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company committed to discovering and developing innovative therapies offering medical advances and new options for patients.

Verizon Communications Inc. (NYSE:VZ) hit a new 52 week high of $42.95 in intraday trading and closed at $42.56 +2.21% on 14,046,562 shares traded. Verizon Communications, Inc. is a providers of communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its two segments are Verizon Wireless and Wireline.

Progress Energy Inc. (NYSE:PGN) hit a new 52 week high of $60.59 in intraday trading and closed at $59.60 +3.60% on 10,587,393 shares traded. Progress Energy, Inc., with its regulated and nonregulated subsidiaries, is an integrated electric utility, mainly engaged in the generation, transmission, distribution and sale of electricity in portions of North Carolina, South Carolina and Florida.

Altria Group (NYSE:MO) hit a new 52 week high of $33.25 in intraday trading and closed at $32.96 +0.64% on 39,538,512 shares traded. Altria Group, Inc. through its subsidiaries manufactures and sells cigarettes, other tobacco products, machine-made large cigars and pipe tobacco. It also maintains a portfolio of leveraged and direct finance leases.

Skechers U.s.a. (NYSE:SKX) hit a new 52 week high of $20.23 in intraday trading and closed at $19.88 +8.10% on 3,165,137 shares traded. Skechers USA, Inc. designs, develops, markets and distributes footwear. It also operates retail stores and an e-commerce business.

Xcel Energy Inc. (NYSE:XEL) hit a new 52 week high of $28.80 in intraday trading and closed at $28.57 +0.56% on 9,444,293 shares traded. Xcel Energy, Inc. is a holding company engaged in the generation, purchase, transmission, distribution and sale of electricity and in the purchase, transportation, distribution and sale of natural gas.

Integramed America (NASDAQ:INMD) hit a new 52 week high of $13.85 in intraday trading and closed at $13.68 +21.93% on 2,221,900 shares traded. IntegraMed America, Inc. is an operator of fertility centers and vein clinics in the United States and provides treatment financing programs for patients of these treatment facilities whose insurance does not cover the particular procedure.

Micronetics (NASDAQ:NOIZ) hit a new 52 week high of $14.75 in intraday trading and closed at $14.59 +88.50% on 2,138,800 shares traded. Micronetics Inc. and its subsidiaries are engaged in the design, development, manufacturing and marketing of a range of performance wireless components and test equipment & integrated multifunction subassemblies used in cellular and communication systems.

Wisconsin Energy Corp. (NYSE:WEC) hit a new 52 week high of $38.92 in intraday trading and closed at $38.56 +0.52% on 924,903 shares traded. Wisconsin Energy Corporation is a diversified energy holding company. The Company, through its subsidiaries, provides utility services such as distributing electric, gas, steam, and water.


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Market Update

Stocks End Near Session Highs; Post Gains for the Week

Stocks rallied in trading on Friday, with all three major indexes finishing the day near session highs. Stocks rose on the back of some robust economi...» read full story

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