The Dow Jones Industrial Average closed down 0.18% at 12,734. The large stocks below are among the positive performers today.
Caterpillar Inc . is one of those companies that gives people a glimpse into the health of the world economy. Its Q4 report sees world GNP increasing 3.3% in 2012, oil at $100 a barrel and $4 a pound. Caterpillar also sees a rebound in U.S. construction. A solid Q4 report that beat estimates has Caterpillar up. CAT shares recently traded at $111.31, up $2.26, or 2.07%. They have traded in a 52-week range of $67.54 to $116.55. Volume today was 18,521,344 shares versus a 3-month average volume of 7,970,340 shares. The company’s trailing P/E is 17.01, while trailing earnings are $6.54 per share.
Investing Insights: Caterpillar, Time Warner Cable, RealNetworks Lead Buzzing Stocks Jan 26th.
International Business Machines Corporation was up at the beginning of trading, but SanDisk was bringing the entire sector down. IBM shares recently traded at $190.98, down $0.75, or 0.39%. They have traded in a 52-week range of $151.71 to $194.90. Volume today was 4,004,615 shares versus a 3-month average volume of 5,098,060 shares. The company’s trailing P/E is 14.62, while trailing earnings are $13.06 per share.
3M Company : Earnings and guidance for 2012 are both positive in 3M’s latest report. MMM shares recently traded at $87.58, up $1.1, or 1.27%. They have traded in a 52-week range of $68.63 to $98.19. Volume today was 4,898,806 shares versus a 3-month average volume of 4,068,380 shares. The company’s trailing P/E is 14.90, while trailing earnings are $5.88 per share.
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To contact the reporter on this story: Scott Gillette at staff.writers@wallstcheatsheet.com
To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com
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