The weaker results from Caterpillar and a continuing deadlock over raising the U.S. borrowing limit pushed stocks lower. Overseas markets rose after European leaders reached a deal aimed at containing the region’s debt crisis. New Jersey Business
Posts Tagged ‘earnings’
N.J.-based Honeywell International second quarter earnings soar, led by auto products
July 23rd, 2011 
PCEHosting Honeywell International Inc. said Friday its second-quarter earnings rose 43 percent, led by sales in its transportation unit, which makes products ranging from antifreeze to turbochargers. New Jersey Business
Posted in NJ Business 
Tags: auto, earnings, Honeywell, International, N.J.based, products, quarter, second, soar 
No Comments »Tech earnings help stocks end week with solid gain
July 23rd, 2011 PCEHosting Caterpillar fell nearly 6 percent after the heavy equipment maker earned less than analysts were expecting last quarter, partly because of the earthquake and tsunami disaster in Japan. The company is seen as a bellwether for the global economy because it sells construction and mining machinery all over the world. New Jersey Business
