Cisco, BUD, Diageo Score New 52-Week Stock Price Highs at DJIA 13,241
Cisco Systems (NASDAQ:CSCO): A House subcommittee is scheduled to vote tomorrow on a bill that would prevent U.S. companies from transferring some technologies to countries that restrict Internet freedom, according to The Hill. Under the bill, search engines and Internet providers would also have to disclose their policies for complying with censorship requests from foreign countries, the publication added. The shares closed at $20.84, up $0.31 or 1.51% on the day. They have traded in a 52-week range of $13.30 to $20.65.
Anheuser-Busch Inbev (NYSE:BUD): Light beer is a $50B market fighting to remain relevant as makers of craft beer, wine and spirits increasingly take customers from Molson Coors (NYSE:TAP), SABMiller (SBMRY) and Anheuser-Busch Inbev (NYSE:BUD), reports Bloomberg. If the companies are unable to revive the brand, we’ve got big trouble ahead of us, says Bump Williams, whose BWC Co. advises more than 100 beer retailers and distributors. Light beer has become a commodity. The shares closed at $73.48, up $1.33 or 1.84% on the day. They have traded in a 52-week range of $49.05 to $72.70.
Callidus Software (NASDAQ:CALD): Callidus Software announced that Certify Data Systems, a pioneer in Health Information Exchange, or HIE, technology, has selected the LeadFormix Marketing Automation platform to optimize its lead generation and sales and marketing effectiveness. The agreement was signed in Q1 of 2012. The shares closed at $8.15, up $0.15 or 1.88% on the day. They have traded in a 52-week range of $4.05 to $8.08.
Cincinnati Bell Inc (NYSE:CBB): Says the Board of Directors has authorized management to pursue evaluation of structural, capital and financial alternatives for the Data Center business. The evaluation is currently in progress and is expected to take approximately 6-12 months. Says options under consideration include operating the Data Center business under the current structure; a partial separation through a sale, initial public offering, or other transaction; a full separation, depending on the value to shareholders. The shares closed at $4.18, up $0.09 or 2.2% on the day. They have traded in a 52-week range of $2.49 to $4.13.
Diageo Plc (NYSE:DEO): Even though Diageo (NYSE:DEO) CEO Paul Walsh has been at the helm for nearly 12 years, and with a new COO possibly in line for his post, he shows no sign of slowing down and is focused on growing the multinational drinks company, reports the Wall Street Journal. The shares closed at $98.13, up $1.93 or 2.01% on the day. They have traded in a 52-week range of $72.27 to $97.76.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
To contact the reporter on this story: Derek Hoffman at firstname.lastname@example.org
To contact the editor responsible for this story: Damien Hoffman at email@example.com