Today's Research: Danaher Corp., Generac Holdings Inc., Illinois Tool Works
Inc., and China Ming Yang Wind Power Group Ltd
Editor Note: For more information about this release, please scroll to bottom.
LONDON, August 16, 2013
LONDON, August 16, 2013 /PRNewswire/ --
On Thursday, August 15, 2013, the US benchmark indexes closed on a lower note.
The Dow Jones Industrial Average fell 1.47%, the NASDAQ Composite index fell
1.72%, and the S&P 500 was down 1.43%. Tracking losses in the market, shares
in the diversified machinery industry mostly ended on a lower note. The major
movers included Danaher Corporation (NYSE: DHR), Generac Holdings Inc. (NYSE:
GNRC), Illinois Tool Works Inc. (NYSE: ITW), and China Ming Yang Wind Power
Group Ltd. (NYSE: MY). AAAResearchReports.com has completed their technical
analysis on DHR, GNRC, ITW, and MY and these free reports are accessible by
Danaher Corporation's stock vacillated between $65.88 and $67.09 on Thursday,
before ending the day 0.24% lower at $66.51. A total of 2.42 million shares
were traded which is below the daily average volume of 2.93 million. The
company's shares have fallen 0.02% in the last three trading sessions, and
2.76% in the last one month. However, Danaher Corporation's shares have gained
7.17% in the last three months, outperforming the S&P 500 which has gained
0.15% during the same period. Sign up for free technical research on DHR at:
Shares in Generac Holdings Inc. fell sharply on Thursday, tracking losses in
the broader market. The company's shares traded between $42.00 and $42.63
before closing the day at $42.30, down 1.42%. A total of 0.57 million shares
were traded which is below the daily average volume 1.10 million. The
company's shares have gained 2.55% in the last one month and 30.23% in the
last three months, outperforming the S&P 500. Furthermore, the stock is
currently trading above the 50-day and 200-day moving averages, and also near
its 52-week high of $44.30. Be sure to read our latest technical research on
GNRC by registering at:
On Thursday, Illinois Tool Works Inc.'s shares fell sharply, finishing at
$72.60, down 1.32% from its previous closing price. The company's shares
fluctuated between $72.42 and $73.00. A total of 1.27 million shares were
traded which is below the daily average volume of 1.89 million. The stock has
gained 3.45% in the last three months, compared to a gain of 0.15% in the S&P
500 during the same period. Moreover, Illinois Tool Works Inc.'s shares are
trading above their 50-day and 200-day moving averages. Sign up and read the
complimentary report on ITW at:
Shares in China Ming Yang Wind Power Group Ltd. rallied on Thursday even as
the broader market ended on a lower note. The company's shares hit an
intra-day high of $1.72 before ending the day at $1.67, up 7.74% from its
previous closing price. A total of 0.78 million shares were traded which is
above the daily average volume of 0.68 million. Further, the company's shares
have surged 10.60% in the previous three trading sessions, and 15.97% in the
last three months, outperforming the S&P 500. The free report on MY can be
downloaded by signing up now at:
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