Abercrombie & Fitch Co. (NYSE: ANF) surged over 7% to a yearly high of $37.80 after the company was upgraded from “neutral” to “buy” by anlysts at Goldman Sachs.
DISH Network Corp. (NASDAQ: DISH) was up over 8% at its peak at a yearly high of $20.80 after the company announced that it would pay a one-time dividend of $2 for all Class A and B shares.
RadioShack Corp. (NYSE: RSH) rose over 14% today to a yearly high of $20.57 after the electronics retailer announced that it plans to sell Apple iPhones in some of its stores that are located in major metropolitian areas. This announcement has precipitated some analyst upgrades.
Revlon Inc. (NYSE: REV) surged over 37% today to a yearly high of $15.06. The company announced that it intends to offer $330 million in senior notes that will be due in 2015 in order to pay off debt due in 2011. The company was also upgraded to “outperform” by BMO Capital Markets.
Garrett W. McIntyre
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