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Caterpillar Inc. Message Board

  • monett4 monett4 Sep 24, 2010 1:29 PM Flag

    DOW JONES NEWS ON CAT! 80 NEXT

    1:22 (Dow Jones) Caterpillar (CAT) hits new 52-week high, propelled by
    August durable goods report that's lighting a fire under other industrial stocks as well. Despite an overall drop in durables last month, long-lasting manufactured goods excluding aircraft orders increased 4.1%. Durable goods are
    viewed as a leading indicator of business spending, which has largely been subdued by sluggish end-market demand and restricted access to credit. CAT up
    4.2% at $79.46. Other major industrial issues marking new interday highs
    include Cummins (CMI), up 3.9%, and Eaton (ETN), up 3.3%.
    (robert.tita@dowjones.com)

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CAT
77.33-0.45(-0.58%)Jul 29 4:00 PMEDT