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Opening Glance: Machinery



By AP
08 July 2008 @ 10:49 am EST

NEW YORK - Shares of machinery companies fell in early trading, as the overall market fluctuated on worries about the nation's ailing financial system and a drop in oil prices.

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Quotes
MTW 25.46 -0.15
TEX 50.41 0.01
CMI 65.91 -1.46
CAT 70.6 -1.08
DE 70.73 -0.28

SYMBOL LOOKUP

Light, sweet crude fell $4.59 to $136.78 a barrel on the New York Mercantile Exchange, after falling nearly $4 a barrel a day earlier.

Here's how some machinery stocks were doing in early trading:

Manitowoc Co., down 64 cents, or 2.3 percent, at $27.76.

Terex Corp., down $1.15, or 2.4 percent, at $46.45.

Cummins Inc., down 35 cents at $63.70.

Caterpillar Inc., down $1.02 at $69.79.

Deere & Co., down $1.70, or 2.4 percent, at $68.12.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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