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Los Angelas, CA -- (SBWIRE) -- 01/17/2013 -- K-Swiss Inc. (NASDAQ:KSWS) are up 48.12% to $4.72 on trading volume of 19.9 million shares. E. Land World Ltd, an apparel distributor based in South Korea, will buy the shoemaker for $4.75 a share. Before Thursday, the 52-week high was $4.59.
K-Swiss, Inc. designs, develops and markets an array of athletic footwear for sports use, fitness activities and casual wear under the K-Swiss brand. It also designs and manufactures footwear under the Palladium brand.
Where Is K-Swiss Inc Headed Exactly After Achieving This Milestone? Find Out Here
CBS Corporation (NYSE:CBS) are up 10.31% to $41.85 on trading volume of 11.8 million shares. The company announced it was converting its billboard advertising division into a real estate investment trust (REIT). Before Thursday, the 52-week high was $39.77.
CBS Corporation is a mass media company with operations in the following segments: Entertainment, Cable networks, publishing, local broadcasting and outdoor.
Will the CBS split boost share price among huge volatility? Find Out Here
Fifth Third Bancorp. (NASDAQ:FITB)said Thursday its fourth-quarter profit increased to $390 million, or 43 cents a share, from $305 million, or 33 cents a share, in the year-ago period. Wall Street analysts expected the bank to earn 41 cents a share, according to a survey by FactSet. Before preferred dividends, profit rose 27% to $399 million.
Fifth Third Bancorp is a diversified financial services company. As of December 31, 2011, the Bancorp had $117 billion in assets, operated 15 affiliates with 1,316 full-service Banking Centers, including 104 Bank Mart locations open seven days a week inside select grocery stores, and 2,425 automated teller machines (ATMs) in 12 states throughout the Midwestern and Southeastern regions of the United States.
Can FITB Continue To Move Higher? Find Out Here
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