Archive for July, 2013

Caterpillar Reports Earnings

Caterpillar reported second-quarter earnings fell 43 percent as dealers cut inventories more than the company expected. The world’s largest maker of construction and mining equipment cut its profit and revenue outlook for the year. Caterpillar reported earnings of $960 million, or $1.45 per share, compared with $1.7 billion, or $2.54 per share a year ago. […]

Boeing Reports Earnings

Boeing posted a bigger-than-expected second-quarter profit as it ramped up deliveries of commercial planes like its 737 and 787. The company also raised its full-year earnings guidance, and its shares rose nearly 2 percent in premarket trading. Boeing’s net income rose 13 percent to $1.09 billion, or $1.41 per share. During the same period last […]

Market Happenings For Wednesday, July 24, 2013

Dow stocks at 52 week highs include Bank of America (BAC), Chevron (CVX), Dupont (DDD), Johnson & Johnson (JNJ), JPMorgan (JPM), 3M (MMM), United Technologies (UTX) and Exxon Mobil (XOM). There are no Dow stock 52 week lows. The Market Tuesday the Dow closed up +22.19 (+0.14%) at 15,567.74. This morning the Dow was indicated […]