LONDON, September 18, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
The U.S. equity market edged higher on Tuesday, September 17, 2013, with the S&P 500, the Dow Jones Industrial Average and the NASDAQ Composite rising 0.42%, 0.23% and 0.75%, respectively. Shares in farm and construction machinery companies ended on a lower note, even as the broader market closed higher. The major movers in the industry included Caterpillar Inc. (NYSE: CAT), Deere & Company (NYSE: DE), Terex Corporation (NYSE: TEX), and The Manitowoc Company Inc. (NYSE: MTW). AAAResearchReports.com free coverage on CAT, DE, TEX, and MTW is available upon registration at:
On Tuesday, Caterpillar Inc.'s stock ended the session 0.13% lower than the previous day's closing price of $87.18. The company's shares fluctuated between $86.67 and $87.45 before closing the day at $87.07. A total of 3.42 million shares were traded, which is less than the daily average volume of 5.88 million. The company's shares have gained 3.75% in the previous three months, underperforming the S&P 500 which has gained 4.01% during the same period. Further, the company's stock is currently trading above its 50-day moving average of $84.61. Download free technical research on CAT by signing up at:
Deere & Co.'s shares edged higher on Tuesday, extending the gains from the previous trading session. The company's shares closed at $83.71, up 0.20%, after oscillating between $83.48 and $83.93. A total of 1.56 million shares were traded, which is below the daily average volume of 3.36 million. The company's shares have advanced 0.63% in the previous three trading sessions, underperforming the S&P 500 which has gained 1.27% during the same period. Moreover, Deere & Co.'s stock is trading above its 50-day moving average of $83.36. Register now and get access to free analysis on DE at:
Shares in Terex Corp. edged lower on Tuesday, reversing some of the gains from the previous trading session. The company's shares closed the day 0.39% lower at $32.94 after oscillating between $32.67 and $33.28. A total of 2.46 million shares were traded, which is more than the daily average volume of 2.13 million. Despite Tuesday's losses, Terex Corp.'s shares have gained 5.41% in the previous three trading sessions and surged 12.46% in the last three months, compared to a gain of 1.27% and 4.01% in the S&P 500 during the respective periods. Furthermore, the company's stock is currently trading above its 50-day and 200-day averages of $29.84 and $30.46, respectively. Sign up and read our complimentary report on TEX at:
The Manitowoc Co Inc.'s stock fell sharply on Tuesday, even as the broader market advanced. The company's shares closed the day 2.85% lower at $19.46 after trading between $19.42 and $19.92. A total of 3.25 million shares were traded, which is above the daily average volume of 1.95 million. The company's shares have gained 3.62% in the last three months, underperforming the S&P 500 which has gained 4.01% during the same period. Additionally, The Manitowoc Co Inc.'s stock is trading above its 50-day moving averages of $18.71. The free report on MTW can be downloaded by signing up now at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE AAA Research Reports