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New 52-Week High Stocks (CAT, AAPL, BTU, WERN, PH)

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Caterpillar Inc. (NYSE: CAT) touched a new 52-week high at $61.28 in today’s morning trade. Currently the stock is trading at $59.93, up 3.61% on 12.51 million shares after it announced a third-quarter profit of $0.64 per share, down $0.75 per share from the third quarter of 2008. Sales and revenues of $7.298 billion were down 44 percent from $12.981 billion in the third quarter of 2008.

Apple Inc. (NASDAQ: AAPL) soared 4.86% to $199.14 on total volume of 15.19 million shares. Today the stock made a new 52-week at $202.47. Yesterday post market the company reported a fiscal fourth-quarter profit of $1.67 billion, or $1.82 a share, compared with $1.14 billion, or $1.26 a share, during the year-earlier period. Revenue was $9.87 billion versus $7.9 billion. Apple's results topped the estimates of analysts surveyed by Thomson Reuters, who had forecast $1.42 a share on revenue of $9.2 billion. Among the highlights of the quarter were sales of 7.4 million iPhones in the quarter ended Sept. 26. For its fiscal first quarter, Apple estimates it will earn between $1.70 and $1.78 a share on revenue in a range of $11.3 billion to $11.6 billion.

Peabody Energy Corporation (NYSE: BTU) was another stock which made a new 52 week high of $45.70 and now trades at $45.01, increased 3.74% after it said that third-quarter earnings were $107 million, or 40 cents a share, compared to $370 million, or $1.35 a share, in the same period a year ago. Adjusted earnings per share were 49 cents. Revenue was $1.67 billion compared to $1.89 billion. Analysts polled by FactSet Research estimated, on average, earnings per share of 24 cents and sales of $1.41 billion. Earnings per share from continuing operations is forecast at $1.34 to $1.54 for 2009.

Werner Enterprises, Inc. (NASDAQ: WERN) today broken its previous 52-week high and made a new high at $21.40 and now up 10.34% and trades at $20.59 with a total volume of 1.22 million shares. Werner's third-quarter net income fell to $19.0 million, or 26 cents a share, from $22.4 million, or 31 cents a share, a year ago. Revenue fell 27 percent to $429.3 million. Analysts on average had expected earnings of 20 cents a share, before items, on revenue of $427.9 million.

Parker-Hannifin Corporation (NYSE: PH) today moved up 2.73% to $56.74 with over 1.29 million shares changed hand .The stock made a new 52-week high of $59.36.

 

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