QQQQ, LVS, XRX, TXN, BIDU Hit New 52-Week Highs
List of stocks who have just hit new 52-week highs as of Monday, October 25, 2010.
Powershares QQQ (NASDAQ:QQQQ) hit a new 52 week high of $52.23 in intraday trading and closed at $51.89 +0.48% on 51,287,152 shares traded. Exchange Traded Funds
LAS Vegas Sands Corp (NYSE:LVS) hit a new 52 week high of $39.88 in intraday trading and closed at $39.45 +3.87% on 21,643,772 shares traded. Las Vegas Sands Corp. develops integrated resorts worldwide. It owns and operates The Venetian Resort Hotel Casino, The Palazzo Resort Hotel Casino and an expo and convention center.
Xerox CP (NYSE:XRX) hit a new 52 week high of $11.73 in intraday trading and closed at $11.60 +3.48% on 15,271,959 shares traded. Xerox Corporation develops, manufactures, markets, services and finances document equipment, software, solutions and services in the global document market.
Texas Instruments (NYSE:TXN) hit a new 52 week high of $29.19 in intraday trading and closed at $28.98 +2.69% on 15,226,721 shares traded. Texas Instruments, Inc. designs and makes semiconductors that it sells to electronics designers and manufacturers all over the world. The Company’s geographic sources of revenue are Asia, Europe, the United States and Japan.
Baidu Inc (NASDAQ:BIDU) hit a new 52 week high of $110.05 in intraday trading and closed at $109.75 +2.30% on 14,651,902 shares traded. Baidu.com, Inc. is a Chinese language Internet search provider.
Qwest COMM INTL Inc (NYSE:Q) hit a new 52 week high of $6.59 in intraday trading and closed at $6.53 +1.56% on 13,963,067 shares traded. Qwest Communications International, Inc. provides local telecommunications and related services, long-distance services and wireless, data and video services withinin its local service area.
US Airways Group Inc (NYSE:LCC) hit a new 52 week high of $11.71 in intraday trading and closed at $11.58 +7.72% on 12,675,628 shares traded. A holding company, whose main business activity is the operation of a major network air carrier, through its wholly owned subsidiaries US Airways, Piedmont, PSA, MSC and Airways Assurance Limited.
Altria Group Inc (NYSE:MO) hit a new 52 week high of $25.23 in intraday trading and closed at $25.06 +0.44% on 12,032,350 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.
Chimera Investment (NYSE:CIM) hit a new 52 week high of $4.32 in intraday trading and closed at $4.30 +0.47% on 10,880,923 shares traded. Chimera Investment Corporation is a specialty finance company that invests in residential mortgage backed securities, or RMBS, residential mortgage loans, real estate-related securities and various other asset classes.
Kraft Foods Inc (NYSE:KFT) hit a new 52 week high of $32.61 in intraday trading and closed at $32.47 +2.04% on 10,667,925 shares traded. The Company through its subsidiaries, manufactures and markets packaged food products, including snacks, beverages, cheese, convenient meals and various packaged grocery products.
