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Loblaw, Valeant At New 52-Week Highs on Results


Loblaw Companies Limited (T.L) hit a new 52-week high of $69.55 Thursday. Loblaw Companies announced its unaudited financial results for the second quarter ended June 20, 2015. Consolidated sales were $10,535 million, an increase of 2.2% compared to the second quarter of 2014. Retail segment gross profit was $2,711 million and adjusted gross profit was $2,719 million. Adjusted gross profit percentage was 26.4% compared to 26.3% in the second quarter of 2014.

Valeant Pharmaceuticals International, Inc. (T.VRX) hit a new 52-week high of $323.01 Thursday. The company announced second-quarter financial results. Total revenue was $2.7 billion; an increase of 34% over the prior year. Operating income was $341.5 million, down from $355.1 million in the prior-year quarter.

Element Financial Corporation (T.EFN) hit a new 52-week high of $20.15 Thursday. No news announcements today

Theratechnologies Inc. (T.TH) hit a new 52-week high of $2.72 Thursday. No news announcements today

Gildan Activewear Inc. (T.GIL) hit a new 52-week high of $44.76 Thursday. No news announcements today

Magellan Aerospace Corporation (T.MAL) hit a new 52-week high of $19.10 Thursday. No news announcements today

Descartes Systems Group Inc. (T.DSG) hit a new 52-week high of $22.06 Thursday. No news announcements today

Uni-Select Inc. (T.UNS) hit a new 52-week high of $48.80 Thursday. No news announcements today