Aluminum Corp. of China Limited (NYSE: ACH) rose over 5.7% to a yearly high of $34.27 after the company rose alumina prices for the second time in a week. Alcoa Inc. (NYSE: AA) rose over 3.4% to a yearly high of $17.60 ahead of the their earnings report this evening.
Chevron Corporation (NYSE: CVX) rosve over 2% to a yearly high of $81.09 after the Citigroup upgraded the energy producer on the grounds of an increasingly bullish oil outlook.
McMorRan Exploration Co. (NYSE: MMR) and Energy XXI Ltd. (NASDAQ: EXXI) both surged to 52-week highs after announcing they have made one of the biggest oil and gas discoveries in the Gulf of Mexico. They rose 53.2% and 38.7% respectively.
Scripps Networks Interactive Inc. (NYSE: SNI) rose over 5.1% to a yearly high of $46.01 after the owner of cable-television networks was upgraded by analysts at UBS.
Garrett W. McIntyre
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