Economists expect growth in U.S. manufacturing picked up in October as the economy improved and demand from overseas increased, welcome signs for the fledgling recovery.
RBC Capital Markets initiated Caterpillar along with six other equipment makers with "outperform" ratings, and said the world's largest maker of earth-moving equipment is one of the best-positioned to benefit from improving global growth.
Wednesday, 23 Sep 2009 | Source: The New York Times
Even if it were the only one of its kind, Mike Estes’s brand-new, energy-efficient, wind-powered, water-conserving, environmentally sensitive John Deere dealership here would attract considerable attention in Kansas.
Stocks got a weak start after the selloff in China but rebounded by midday after a report showed a surprise drop in crude inventories, which sent oil prices — and energy stocks — soaring.
Stocks got a weak start after the selloff in China but rebounded by midday after a report showed a surprise drop in crude inventories, which sent oil prices — and energy stocks — soaring.
Wednesday, 19 Aug 2009 | Source: The Associated Press
Deere & Co., the world's largest maker of farm equipment, said its fiscal third-quarter profit dropped 27 percent as the global economic slowdown continued to depress sales.
World markets are back in selloff mode Wednesday, with Shanghai's 5 percent tumble the first indication that Tuesday's rally for world stocks might be a one-off event.
Wednesday, 12 Aug 2009 | Source: The Associated Press
The U.S. trade deficit edged up slightly in June as imports rose for the first time in 11 months, another sign that the worst recession since World War II is beginning to ease.
Investors should stay out of Russia until the fight against corruption and the rule of law improve in that country, William Browder, CEO of Hermitage Capital Management, has been denied entry into Russia since 2006, told CNBC.
Stocks ended mixed Monday as a dismal jobs report last week and expectations for a gloomy earnings season nagged at the market. But the Dow eked out a gain amid some bargain hunting.
James Hardesty at Hardesty Capital Management and Wayne Kaufman at John Thomas Financial weighed in on where to invest in a low-volume environment and what to watch next week.... Read More