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Acuity Brands, Inc. (NYSE: AYI) shares spiked 7.19 percent to close at $81.39 a share Tuesday. The stock traded between $76.54 and $83.30 on volume of 1.26 million shares traded. The company reported net sales were $541.5 million for the third quarter of fiscal 2013, an increase of 11 percent when compared to the year ago quarter. Shares of Acuity Brands have gained approximately 20.2 percent year-to-date.
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Dynegy Inc. (NYSE: DYN) shares declined 2.01 percent to close at $20.92 a share Tuesday. The stock traded between $20.41 and $21.11 on volume of 1.76 million shares traded. Deutsche Bank has recently initiated coverage on the company with a “sell” rating and a price target of 17.00. Shares of Dynegy have gained approximately 9.4 percent year-to-date.
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www.FiveStarEquities.com/DYN
Linn Energy LLC (NASDAQ: LINE) shares plunged 18.74 percent to close at $27.05 a share Tuesday. The stock traded between $26.78 and $29.76 on volume of 25.26 million shares traded. The company announced it is being investigated by the Securities and Exchange Commission. Shares of Linn Energy have fallen approximately 23.2 percent year-to-date.
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www.FiveStarEquities.com/LINE
Mead Johnson Nutrition Co. (NYSE: MJN) shares declined 5.7 percent to close at $74.90 a share Tuesday. The stock traded between $74.59 and $78.00 on volume of 4.17 million shares traded. According to various reports, China’s National Development and Reform Commission are investigating foreign infant formula makers for violating anti-monopoly laws. Shares of Mead Johnson Nutrition have gained nearly 14.0 percent year-to-date.
Get more information on Mead Johnson Nutrition and free access to the in-depth equity report at:
www.FiveStarEquities.com/MJN
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