Investing

Last Week's Market Gainers (FDO)(TSO)(AMD)

S&P 500 WEEK TOP 10 (11FEB -17FEB) Ticker Weekly Price Change (%) Close Price 17Feb11 Close Price 11Feb11 Market Cap($Mil)
Family Dollar Stores Inc. FDO 19.3 52.67 44.16 6656.8
Tesoro Corp TSO 17.8 25.83 21.92 3697.8
Advanced Micro Devices Inc AMD 14.0 9.44 8.28 6435.8
Cliffs Natural Resources Inc CLF 13.7 99.52 87.51 13480.9
Williams Cos Inc. WMB 11.4 30.08 26.99 17590.0
AK Steel Holding Corp AKS 11.4 17.61 15.81 1936.9
Dell Inc DELL 9.8 15.34 13.97 29610.7
NVIDIA Corp NVDA 9.4 25.68 23.47 14920.1
Diamond Offshore Drilling Inc. DO 8.7 75.97 69.91 10561.9
Halliburton Co HAL 8.5 48.43 44.64 44048.8
Source: Capital IQ

Nelson Peltz offered to buy Family Dollar Stores (NYSE: FDO), which drove the stock nearly 20% higher last week. Several class actions suits were filed by investors who believed the price was too low. That did little to cap FDO’s rise.

AMD (NYSE: AMD) was the subject of takeover rumors, which several analysts said were far fetched. That did not keep Wall St. from pushing shares higher.

Dell (NASDAQ) rose due to strong earnings and chip company NVIDIA (NASDAQ: NVDA) moved up on investor excitement over the firm’s renewed efforts to gain market share in the portable device market

Douglas A. McIntyre

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