EdgeWater 10/28/2010 10:02:46 PM
News / Business

Top Traded US Stocks (FTI, CINF, ACE)

Top Traded US Stocks

Visa Inc. (NYSE:V) slid 0.14% to $79.92. The company said late Wednesday that fiscal fourth-quarter net income came in at $774 million or $1.06 per class A share.

The company was expected to make 95 cents a share, according to the average estimate of analysts in a FactSet Research survey.

The stock went down more than 9% year-to-date.

Cincinnati Financial Corporation (NASDAQ:CINF) jumped 0.23% to $30.34. The company said late Wednesday that third-quarter net income came in at $156 million, or 95 cents a share, compered with net income of $171 million, or $1.05 a share, in the third quarter of 2009.

The company was expected to make 35 cents a share, according to an analyst survey by FactSet Research.

The stock went up more than 14% year-to-date.

Norfolk Southern Corp. (NYSE:NSC) dropped 1.37% to $61.35. The company reported late Wednesday third-quarter net income rose to $445 million, or $1.19 a share, from $303 million, or 81 cents, a year ago.

Analysts surveyed by FactSet Research had predicted the Norfolk, Va.-based transport company would earn $1.09 cents a share on $2.47 billion in revenue.

Over the past 52-week, the stock traded within the range of $45.94-$63.18. At today`s closing price, the market capitalization of the company stands at $22.61 billion.

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