Morning Research: Caterpillar Inc., Deere & Co., Manitowoc Co. Inc., and Terex Corp.
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LONDON, October 16, 2013 /PRNewswire/ --
On Tuesday, 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:
http://www.aaaresearchreports.com/register/
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:
http://www.AAAResearchReports.com/CAT101613.pdf
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:
http://www.AAAResearchReports.com/DE101613.pdf
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:
http://www.AAAResearchReports.com/MTW101613.pdf
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:
http://www.AAAResearchReports.com/TEX101613.pdf
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SOURCE AAA Research Reports
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