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Tuesday, January 18, 2011

The King and The Cat Lead Wall Street Back (NYSE: TEX) (NYSE: CAT)

NEW YORK - Shares of Caterpillar known popularly as CAT do to its stock symbol lept higher this morning and has helped the the Dow Jones Industrial Average remain in positive territory. Cat is approaching $100 which would be a new company record.

Terex Corporation known in some circles as the King due to its ownership of the many markets that it does business as well as its large presence around the globe has seen its shares rise by over 2.3%. The company is expected to report a loss when it reports its Q4 results due to note redemptions. However, the company is expected to returning to operating profit.

To see the full Terex report click here.

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