Goodrich’s ORS-1 CELEBRATES First Year in Space and 3 Stocks that Have Hit 52-Week Highs
Goodrich Corp. (NYSE:GR) reported that the Operationally Responsive Space-1 satellite has passed its first anniversary in space. ORS-1 is the first satellite specifically designed to support combatant command operations, and was launched from Wallops Island Flight Facility on a Minotaur I launch vehicle on June 29, 2011, at 11:09 p.m. EDT. Shares closed down 0.06 percent on the day at $127.05, having traded between $80.07 and $127.18 the past 52 weeks.
Questcor Pharmaceuti (NASDAQ:QCOR) shares are moving up following the disclosure in a regulatory filing that paid subscriptions for its Acthar drug for two indications increased in June, when compared with May. Paid prescriptions of Acthar for Multiple Sclerosis jumped to between 400 and 410 in June from 365 in May, and paid prescriptions of the medication as a treatment for Nephrotic syndrome in June reached 115 to120, up from 103 in May. Additionally, Questcor indicated that it shipped a total number of 1,800 vials of Acthar in June, and 4,710 vials for the quarter ended June 30th in May the firm shipped a total of 1,560 vials of Acthar. Jefferies noted to investors earlier on Monday that the data indicate that Questcor will post higher than predicted second quarter net sales; the analyst increased its estimates for the company and raised its price target from $56 to $60, and also expects Questcor to report solid second quarter results, reiterating its Buy on the shares, which closed up 14.75 percent on the day, having traded between $24.14 and $54.31 the last 52 weeks.
Inventure Foods (NASDAQ:SNAK) sees its passive investment by Heartland Advisors reduced from 10.3 percent to 4.6 percent. Shares closed up 6.71 percent on the day at $6.84, having traded between $3.50 and $6.74 the past 52 weeks.
Union First Market (NASDAQ:UBSH) shares closed up 1.5 percent on the day at $14.89, having traded the past 52 weeks between $9.93 and $14.93.
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