AmerisourceBergen Pursues Competitor and 4 Stocks Hitting 52-Week Highs

Amerisourcebergen (NYSE:ABC) is pursuing the sale of AndersonBrecon, which is its contract pharmaceutical packaging business, in order to focus on its distribution, specialty, and manufacturer services businesses. The company solicited buyers and has begun to review initial bids for the business. Income from AndersonBrecon is classified as income from discontinued operations, and this reflected $0.04 of the total $2.80 of diluted earnings per share during fiscal year 2012. The shares closed at $40.92, up $1.48 or 3.75 percent on the day. They have traded in a 52-week range of $35.48 to $40.95.

Arm Holdings Plc (NASDAQ:ARMH) cash holdings and stock price provides it with the power necessary for acquisitions, with CEVA (NASDAQ:CEVA), Cadence Design (NASDAQ:CDNS), and Mentor Graphics (NASDAQ:MENT) all being possible, logical targets, reports Bloomberg, citing International Data Corp. and Forward Concepts. The shares closed at $33.80, up $1.45 or 4.48 percent on the day. They have traded in a 52-week range of $21.64 to $33.03.

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Aspen Technology (NASDAQ:AZPN) reports a Q1 EPS of 8c, with consensus 2c. The shares closed at $26.90, up $2.12 or 8.56 percent on the day. They have traded in a 52-week range of $15.81 to $26.33.

Baxter International (NYSE:BAX) announced an exclusive 20-year partnership with Hemobrs (Empresa Brasileira de Hemoderivados e Biotechnologia) in which they are to give broader access to recobinant factor VIII (rFVIII) therapy to hemophilia patients in Brazil diagnosed with hemophilia A. The shares closed at $63.61, up $0.98 or 1.56 percent on the day. They have traded in a 52-week range of $47.55 to $63.05.

CBOE Holdings (NASDAQ:CBOE) reports a Q3 EPS of 43c, consensus 38c. The shares closed at $30.66, up $1.19 or 4.04 percent on the day. They have traded in a 52-week range of $24.44 to $30.39.

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