Johnson & Johnson SETTLES With DOJ and 4 Must-See Stocks Hitting 52-Week Highs

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Johnson & Johnson (NYSE:JNJ) and the DOJ have reached a settlement regarding the marketing practices of the company, according to the Wall Street Journal. The sources state that the deal could be more up to $2.2 billion, which includes an almost $400 million criminal fine for illegally promoting Risperdal. The shares closed at $69.53, up $0.16 or 0.23% on the day. They have traded in a 52-week range of $59.08 to $69.46.

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Fidelity Southern’s (NASDAQ:LION) capital position is still above regulatory requirements at June 30, with a 10.2 percent leverage capital ratio, an 11.7 percent tier one ratio, and a total capital ration of 13.3 percent, in comparison with 10 percent, 11.9 percent, and 13.7 percent respectively, at March 31. At June 30, the Bank had a leverage ratio of 9.4 percent, a tier one ratio of 10.7 percent, and a total capital ratio of 12.5 percent compared to a leverage ratio of 9.3 percent, a tier one ratio of 11.0 percent, and a total capital ratio 12.8 percent, at March 31. In June, all of the U.S. Treasury’s shares of the Company’s preferred stock, acquired under TARP in December 2008, were sold in a public offering as part of a modified Dutch auction process. No proceeds were received by the company from the auction, but its operations are not limited by TARP restrictions and regulations anymore. The shares closed at $9.18, up $0.44 or 5.03% on the day. They have traded in a 52-week range of $5.5637 to $9.09.

Mellanox Technologie (NASDAQ:MLNX) reports a Q2 revenue totaling $133.5 million, consensus $133.5 million. The company also reported a GAAP EPS of 74c. The earnings were reported following last night’s close. The shares closed at $93.90, up $27.52 or 41.46% on the day. They have traded in a 52-week range of $25.81 to $77.69.

Ncr Corp. (NYSE:NCR) has reported a Q2 EPS 65c, consensus 58c. The shares closed at $24.44, down $0.07 or 0.29% on the day. They have traded in a 52-week range of $15.28 to $24.64.

Oiltanking Partners (NYSE:OILT) board of directors declared a cash distribution for Q2 of  36c per unit, or $1.44 per unit on an annualized basis, for all outstanding limited partner units. The distribution reflects a 2.9 percent rise over the 35c from the previous quarter. The distribution will be paid on August 14 to all unitholders of record as of August 3. The shares closed at $33.09, down $0.13 or 0.39% on the day. They have traded in a 52-week range of $21.75 to $33.38.

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