Capital Goods Stocks are Trading Higher Today

The Capital Goods sector is trading higher today.  Following is some information on the stories moving five of the largest companies in the sector.

  • Caterpillar Inc. (NYSE:CAT): The shares recently traded at $93.53, up $1.9, or 2.07%. Its market capitalization is $60.48 billion. They have traded in a 52-week range of $67.54 to $116.55. Caterpillar announced today that it has completed the acquisition of MWM Holding GmbH for approximately $800 million at current exchange rates.  MWM is a “leading global supplier of sustainable, natural gas and alternative-fuel engines.” About the company: Caterpillar Inc. designs, manufactures, and markets construction, mining, agricultural, and forestry machinery. The Company also manufactures engines and other related parts for its equipment, and offers financing and insurance. Caterpillar distributes its products through a worldwide organization of dealers. Get the most recent company news and stock data here >>
  • Deere & Company (NYSE:DE): The shares recently traded at $73.80, up $0.1, or 0.14%. Its market capitalization is $30.55 billion. They have traded in a 52-week range of $59.92 to $99.80. About the company: Deere & Company manufactures and distributes a range of agricultural, construction and forestry, and commercial and consumer equipment. The Company supplies replacement parts for its own products and for those of other manufacturers. Deere also provides product and parts financing services. Get the most recent company news and stock data here >>
  • Boeing Co. (NYSE:BA): The shares recently traded at $64.47, up $1.3, or 2.06%. Its market capitalization is $47.92 billion. They have traded in a 52-week range of $56.01 to $80.65. Though the company’s earnings per share increased by about 30%, there are concerns about the amount of free cash that the company is generating.  About the company: The Boeing Company, together with its subsidiaries, develops, produces, and markets commercial jet aircraft, as well as provides related support services to the commercial airline industry worldwide. The Company also researches, develops, produces, modifies, and supports information, space, and defense systems, including military aircraft, helicopters and space and missile systems. Get the most recent company news and stock data here >>
  • Cummins Inc. (NYSE:CMI): The shares recently traded at $98.50, up $2.47, or 2.57%. Its market capitalization is $18.81 billion. They have traded in a 52-week range of $79.53 to $121.49. Technical analysts see good tidings for this stock.  About the company: Cummins Inc. designs, manufactures, distributes and services diesel and natural gas engines. The Company also manufactures electric power generation systems and engine-related component products, including filtration and exhaust aftertreatment, fuel systems, controls, and air handling systems. Get the most recent company news and stock data here >>
  • Ingersoll-Rand Plc (NYSE:IR): The shares recently traded at $32.38, up $1.67, or 5.44%. Its market capitalization is $10.72 billion. They have traded in a 52-week range of $25.86 to $52.33. About the company: Ingersoll-Rand PLC is a diversified, global company that provides a diverse range of products and services for a wide range of industries. The Company’s operations include consist of air conditioning systems and services, climate control technologies, industrial technologies and security technologies. Get the most recent company news and stock data here >>

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