Morning Research: Caterpillar Inc., Deere & Co., Manitowoc Co. Inc., and Terex
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LONDON, October 16, 2013
LONDON, October 16, 2013 /PRNewswire/ --
OnTuesday, October 15, 2013, all three benchmark indexes of the US equity
market closed lower, with the Dow Jones Industrial Average, the S&P 500, and
the NASDAQ Composite falling by 0.87%, 0.71%, and 0.56%, respectively. Shares
in the farm and construction machinery industry ended on a lower note,
tracking losses in the broader market. The major movers included Caterpillar
Inc. (NYSE: CAT), Deere & Company (NYSE: DE), The Manitowoc Company Inc.
(NYSE: MTW), and Terex Corporation (NYSE: TEX). AAAResearchReports.com has
released full comprehensive research on CAT, DE, MTW, and TEX. These free
technical analyses can be downloaded by signing up at:
Caterpillar Inc.'s stock declined 0.57% on Tuesday, reversing some of the
gains from the previous trading session. The company's shares vacillated
between $85.69 and $86.75 before closing the day at $85.75. A total of 4.89
million shares were traded, which is below the daily average volume of 5.59
million. The company's shares have gained 1.20% in the previous three trading
sessions, compared to a gain of 0.32% in the S&P 500 during the same period.
Furthermore, Caterpillar Inc.'s stock is trading above its 50-day moving
average of $84.56. Download free report on CAT upon registration at:
On Tuesday, Deere & Co.'s stock ended the session 0.89% lower than the
previous day's price of $83.10. The company's shares oscillated between $82.16
and $83.71 before closing the day at $82.36. A total of 3.04 million shares
were traded, which is below the daily average volume of 3.24 million. The
company's shares have declined 0.68% in the previous three trading sessions,
underperforming the S&P 500, which has gained 0.32% during the same period.
Further, Deere & Co.'s stock is also trading below its 50-day and 200-day
moving averages of $83.22 and $86.35, respectively. DE technical report can be
accessed for free by signing up at:
The Manitowoc Co. Inc.'s stock declined 1.57% on Tuesday, tracking losses in
the broader market. The company's shares fluctuated between $18.59 and $19.04
before ending the day at $18.80. A total of 1.75 million shares were traded,
which is below the daily average volume of 1.95 million. The company's shares
have lost 0.21% in the previous three trading sessions, underperforming the
S&P 500 which has advanced 0.32% during the same period. Moreover, The
Manitowoc Co. Inc.'s stock is trading below its 50-day and 200-day moving
averages of $20.08 and $19.12, respectively. The free report on MTW can be
downloaded by signing up now at:
On Tuesday, shares in Terex Corp. fell by 2.19%, extending the losses from the
previous trading session. The company's shares closed the day at $33.56, after
fluctuating between $33.30 and $34.13 during the trading session. A total of
1.89 million shares were traded, which is below the daily average volume of
1.94 million. Despite Tuesday's losses, the company's shares have gained
19.64% in the previous three months and 5.04% in the last one month, compared
to a gain 0.92% and 0.60% in the S&P 500 during the respective periods.
Additionally, Terex Corp.'s stock is trading above its 50-day and 200-day
moving averages of $32.00 and $31.30, respectively. A free report on TEX can
be accessed by registering at:
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