Moved Above Upper Bollinger Band – SJM, SJR, STT, TMK, TMO

May 20th, 2011 | By | Category: Finance

Moved Above Upper Bollinger Band – SJM, SJR, STT, TMK, TMO

The J.M. Smucker Company (NYSE:SJM)  gained 1.19%, to close at $77.23 and its overall traded volume was 802,237.00 shares in the last trading session. SJM opened at $76.50 and is trading within the range of $76.13-$77.26. The stock has a 52 week range of $53.27 – $77.26. At current market price, the market capitalization of the company stands at $8.96B and it has 115.99M outstanding shares.

The J. M. Smucker Company is engaged in the manufacturing and marketing of branded food products on a worldwide basis. Majority of the Company’s sales are in the United States. The Company’s operations outside the United States are principally in Canada although products are exported to other countries, as well. Sales outside the United States represented approximately 10 % of total consolidated Company sales during the fiscal year ended April 30, 2010 (fiscal 2010). The Company’s branded food products include a portfolio of brands that are sold to consumers through retail outlets in North America. The Company has four segments: U.S. Retail Coffee Market, U.S. Retail Consumer Market, U.S. Retail Oils and Baking Market, and Special Markets. The Company’s three U.S. retail market segments in total comprised over 80 % of the Company’s net sales in fiscal 2010. Its principal products are coffee, peanut butter, shortening and oils, fruit spreads, canned milk and baking mixes.

Shaw Communications Inc. (USA) (NYSE:SJR)  percentage change grew 1.95%, to close at $21.42 and its overall traded volume was 112,950.00 shares in the last trading session. SJR shares were trading within the range of $20.99-$21.45 while its opening price was $21.03. The stock has a 52 week range of $17.25 – $22.89. At current market price, the market capitalization of the company stands at $9.31B and it has 434.57M outstanding shares.Shaw Communications Inc. (Shaw) is a diversified Canadian communications company. Shaw is engaged in the business of providing broadband cable television, Internet, Digital Phone, telecommunications services (through Shaw Business Solutions), satellite direct-to-home services (through Shaw Direct) and engaging programming content (through Shaw Media). During the fiscal year ended August 31, 2010 (fiscal 2010), the Company operated two business segments: Cable and Satellite. The Cable division and Satellite division represented approximately 79% and 21% respectively, of Shaw’s revenues in ficsal 2010. In fiscal 2010, the Company acquired Mountain Cablevision, Hamilton, Ontario.

State Street Corporation (NYSE:STT)  moved up 0.83%, to close at $47.47 and its overall traded volume was 2.33M shares in the last trading session. STT shares were trading within the range of $47.10-$47.64 while its opening price was $47.29. The 52-week range of the stock is $32.47 – $50.26. STT’s market capitalization is $23.93B and it has 504.04M outstanding shares.State Street Corporation is a financial holding company. Through its subsidiaries, including its subsidiary State Street Bank and Trust Company, it provides a range of financial products and services to institutional investors. It has two lines of business: Investment Servicing and Investment Management. These two lines of business provide services to support institutional investors, including custody, administration, shareholder services, foreign exchange, brokerage and other trading services, deposit and short-term investment facilities, loan and lease financing, investment manager and alternative investment manager operations outsourcing, investment research and investment management, including passive and active United States and non-United States equity and fixed-income strategies. It acquired Mourant International Finance Administration, Intesa Sanpaolo and Bank of Ireland Asset Management on April 1, 2010, May 17, 2010 and January 10, 2011, respectively.

Torchmark Corporation (NYSE:TMK)  percentage change grew 0.48%, to close at $67.51 and its overall traded volume was 459,307.00 shares in the last trading session. TMK opened at $67.25 and is trading within the range of $67.04-$67.63. The 52-week range of the stock is $47.30 – $68.06. The market capitalization of the company stands at $5.13B and it has 76.06M outstanding shares.Torchmark Corporation (Torchmark) is a holding company specializing in life and supplemental health insurance. It is a holding company for a group of insurance companies, which market primarily individual life and supplemental health insurance, and to a limited extent annuities, to middle income households in the United States. Torchmark’s operates in two segments: life insurance and health insurance. Torchmark’s insurance subsidiaries write a range of non-participating ordinary life insurance products. These include whole-life insurance, term life insurance, and other life insurance. Torchmark offers supplemental limited-benefit health insurance products that include primarily cancer and accident plans. These policies are designed to supplement health coverage that applicants already own. As of December 31, 2010, the Company sold its subsidiary United Investors Life Insurance Company (United Investors).

Thermo Fisher Scientific Inc. (NYSE:TMO)  surged 4.21%, to close at $65.38 and its overall traded volume was 6.89M shares in the last trading session. TMO opened the day at $65.00, it made an intraday low of $64.95 and an intraday high of $65.82. The 52-week range of the stock is $41.74 – $65.82. At current market price, the market capitalization of the company stands at $25.05B and it has 383.18M outstanding shares.Thermo Fisher Scientific Inc. (Thermo Fisher) is engaged in serving science. It provides analytical instruments, equipment, reagents and consumables, software and services for research, manufacturing, analysis, discovery and diagnostics. It operates through two segments: analytical technologies and laboratory products and services. Analytical technologies segment includes pharmaceutical, biotechnology, academic, government and other research and industrial markets. Laboratory products and services segment offers combination of products and services that allows its customers to engage in their core business functions of research, development, manufacturing, clinical diagnosis and drug discovery. In April 2010, the Company acquired Proxeon A/S, a supplier of products for proteomics analysis. In December 2010, the Company acquired Lomb Scientific. In April 2011, the Company sold two laboratory testing services businesses, Athena Diagnostics and Lancaster Laboratories.

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