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Opening Glance: Machinery



By AP
09 July 2008 @ 10:52 am EST

NEW YORK - Shares of machinery companies fluctuated in morning trading, as the market largely fell on a rebound in oil prices.

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Quotes
MTW 21.54 -0.48
TEX 38.31 0.29
CMI 59.46 1.36
CAT 64.07 0.13
DE 63.23 -0.27

SYMBOL LOOKUP

Light, sweet crude for August delivery rose $1.44 to $137.48 a barrel on the New York Mercantile Exchange. The contract on Tuesday fell $5.33 to settle at $136.04 a barrel.

Here's how some machinery stocks fared in morning trading:

Manitowoc Co. fell 16 cents to $27.34.

Terex Corp. fell 71 cents to $46.25.

Cummins Inc. rose 62 cents to $66.35.

Caterpillar Inc. rose 50 cents to $70.01.

Deere & Co. fell 26 cents to $66.70.

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 This material may not be published, broadcast, rewritten or redistributed.

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