News Corp and Sirius XM Among Sizzling Stocks Achieving 52-Week Highs

Novo Nordisk A/S (NYSE:NVO): Novo Nordisk A/S announced that the Committee for Medicinal Products for Human Use, or CHMP, under the European Medicines Agency, or EMA, adopted positive opinions, recommending marketing authorizations for Tresiba and Ryzodeg in the treatment of Diabetes Mellitus in adults. Novo Nordisk expects to receive final marketing authorization from the European Commission within approximately two months. Subject to the Commission’s approval and completion of pricing and reimbursement discussions, Novo Nordisk expects to launch Tresiba in a number of European markets at the beginning of 2013. Their shares closed at $168.00, up $0.69 or 0.41% on the day. They have traded in a 52-week range of $99.42 to $167.74.

News Corporation (NASDAQ:NWSA):  News Corporation announced that Roger Ailes has signed a new four-year contract to continue serving as Chairman and Chief Executive Officer of Fox News and Chairman of Fox Television Stations. Ailes, who first joined News Corporation in 1996, will continue to oversee Fox News, Fox Television Stations, Fox Business Network, Twentieth Television and MyNetwork TV. He will also continue in his role as a senior advisor to Chairman and CEO Rupert Murdoch on television and news matters. In October 1996, Ailes launched Fox News Channel, now one of the top cable networks in the industry. Their shares closed at $24.91, down $0.51 or 2.01% on the day. They have traded in a 52-week range of $15.93 to $25.50.

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Southern Peru Copper (NYSE:SCCO): According to Bloomberg last week, copper traders were the most bearish in four months. Now, they are the most bullish in a year following economic reports showing accelerating growth from China to the United States. Seventeen analysts surveyed by Bloomberg said that they expect prices to gain next week. Four were bearish and three others were neutral. Their shares closed at $36.97, down $0.19 or 0.51% on the day. They have traded in a 52-week range of $27.53 to $37.48.

Sirius Xm Radio Inc. (NASDAQ:SIRI): The Federal Communications Commission unanimously approved a plan that would resolve longstanding interference issues between AT&T (NYSE:T) and Sirius XM Radio Inc. This will allow AT&T to expand their high-speed LTE network. Their shares closed at $2.92, down $0.02 or 0.68% on the day. They have traded in a 52-week range of $1.61 to $2.97.

Scripps Networks Int (NYSE:SNI): The Edward W. Scripps Trust, which has controlled Scripps Networks Interactive since they became an independent publicly traded company in 2008, ended yesterday after the death of Robert P. Scripps, a grandson of the founder. He was the last of Edward W. Scripps’s descendants upon whom the duration of the trust was based. All of the assets of the trust, including Class A Common Shares and Common Voting Shares of Scripps Networks Interactive, will be distributed to certain descendants of E. W. Scripps. Their shares closed at $63.19, up $0.43 or 0.69% on the day. They have traded in a 52-week range of $37.02 to $64.38.

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