CORRECTION: S.Y. Bancorp Reports GAIN and 4 Stocks that Have Hit 52-Week Highs
S.Y. Bancorp, Inc. (NASDAQ:SYBT) posts a second quarter gain of $0.44 per diluted share. Shares closed down 2.16 percent on the day at $24.44.
Taylor Capital Group (NASDAQ:TAYC) reports a second quarter earnings per share of 41 cents, against consensus of 24 cents. Shares closed up 1.25 percent on the day at $17.04, and have been traded in a 52-week range of $5.26 to $17.14.
Time Warner Cable (NYSE:TWC) is among several cable-TV operators, including Cox Communications and Mediacom Communications, that are publicly supporting their satellite-TV competitor DirecTV (NASDAQ:DTV), during its programming-fee dispute with Viacom, Inc. (NYSE:VIAB). The operators also say that they do not intend to increase marketing to capitalize on the situation, according to the Wall Street Journal. Shares closed up 0.22 percent on the day at $85.05, having been traded in a 52-week range of $57.15 to $85.28.
Tyler Technologies, Inc. (NYSE:TYL) has reached an agreement with Fremont County, Colo., for its use of Tyler’s Eagle and Incode local government solutions through a 7-year software-as-a-service contract. Fremont County chose Eagle and Incode solutions in order to provide the county a more functional enterprise-wide software solution which also allows public access to government information via the Web. Shares closed up 1.66 percent on the day at $41.58, and have traded in a 52-week range of $22.15 to $41.85.
U.S. Bancorp (NYSE:USB): Federal Reserve Chairman Ben Bernanke remarked that the Libor is structurally flawed and that an international effort would be required to reform the Libor process, in order for the rate to remain a benchmark for financial contracts, according to The Financial Times, citing Bernanke’s presentation to Congress. Shares closed up 1.61 percent on the day at $33.48, and have traded in a 52-week range of $20.10 to $33.26.
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