Investing

52-Week High Club (X, AET, CI, AA, HGSI)

United States Steel Corporation (NYSE: X) rose over 6.5% to a yearly high of $52.47 after the United States objected to a requestion by China that the World Trade Organization make a ruling on President Obama’s imposition of tariffs on…

By Douglas A. McIntyre
Published December 21, 2009, 4:17pm ET · 1 min read

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United States Steel Corporation (NYSE: X) rose over 6.5% to a yearly high of $52.47 after the United States objected to a requestion by China that the World Trade Organization make a ruling on President Obama’s imposition of tariffs on Chinese tires.  The U.S. imposed duties on steel-pipe imports from China in November.  Titanium Metals Corp. (NYSE: TIE) also hit a yearly high of $12.27 on the news.

Health insurers rose on news that the Senate will give them a year before the start of a new tax on the industry.  Aetna Inc. (NYSE: AET), Cigna Corp. (NYSE: CI), Coventry Health Care Inc. (NYSE: CVH), and UnitedHealth Group Inc. (NYSE: UNH) all hit yearly highs today.

Alcoa Inc. (NYSE: AA) rose over 9.5% to a yearly high of $15.98 after the aluminium producer was upgraded by analysts at Morgan Stanley, who set a target price of $22 for the company.

Human Genome Sciences (NASDAQ: HGSI) rose over 6.4% to a yearly high of $29.98 after the biopharmaceutical company was upgraded by Morgan Stanley, who set a target price of $40 for the company.

ScanDisk Corporation (NASDAQ: SNDK) rose over 6.9% to a yearly high of $26.81.

Garrett W. McIntyre

Contact [email protected] for any questions or corrections.

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Douglas A. McIntyre

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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