News / Business
Today’s New 52-Week high – PIR, LSI, ITT - Stock Alert
Stock Market Alert
Pier 1 Imports, Inc. (NYSE:PIR) today made a new 52-week high of $5.40 and now up 17.01% at $5.16 with an unusual massive volume 12.07 million shares being traded. Today Dow Jones reported that Pier 1 Imports, Inc. has entered into an agreement to sell a regional distribution center in St. Charles, Ill., for $11 million to CenterPoint Properties Trust. The deal is expected to close within 15 days of a 90 day review period, implying the transaction could be completed by January 10. Pier 1 Imports, Inc. is engaged in specialty retail operations. The Company’s specialty retail operations consist of retail stores operating under the name Pier 1 Imports, selling a variety of furniture, decorative home furnishings, dining and kitchen goods, epicurean products, bath and bedding accessories, candles and other specialty items for the home.
LSI Corporation (NYSE:LSI) made a new 52-week high at $5.85 and now up 1.84% to $5.82 on over a massive volume of 6.39 million shares. Today LSI Logic Corporation announced that the availability of a new family of high-performance SATA+SAS host bus adapters (HBAs) based on 6Gb/s SAS technology. The LSI SAS 9200 series HBAs, based on the LSISAS2008 6Gb/s SAS controller IC, offer new levels of performance and scalability for internal and external direct-attached storage deployments using SATA and SAS disk drives. The adapters are designed to support applications ranging from email, OLTP and streaming video to data center workloads such as Web hosting and cloud computing. LSI Corporation (LSI) designs, develops and markets semiconductors and storage systems. LSI provides silicon-to-system solutions that are used at the core of products that create, store, consume and transport digital information.
ITT Corporation (NYSE:ITT) soared 3.66% to $53.31 on total volume of 4.20 million shares so far. Today ITT made a new 52-week high of $54.07. Yesterday, a division of ITT Corporation received a nearly $87 million contract from the Army to provide global maintenance support and services at Camp Arifjan, Kuwait. Work is expected to be completed by January 29, 2009. ITT Corporation (ITT), is a global multi-industry company engaged directly and through its subsidiaries in the designing, manufacturing and sale of range of engineered products.
Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please do your research before you plan to invest in any of the stocks mentioned above.
