What a day. Stocks got a major boost Thursday from a slew of strong earnings reports from companies ranging from heavy equipment maker Caterpillar (CAT) to automaker General Motors (GM).
(Reuters) - Caterpillar Inc (CAT.N) shares jumped more than 5 percent on Thursday after it reported a stronger-than-expected quarterly profit and raised its 2014 outlook, citing strong demand from the North American energy and construction industries.
The automaker said it sold 2.45 million vehicles globally in the third quarter, up 2 percent from the three-month period a year ago and marking its best third-quarter sales performance since 1980.
Target Corporation (TGT - Analyst Report) has decided to offer its online shoppers free shipping on all products starting from Oct 22 till Dec 20.
Eurozone businesses performed much better than forecasters expected this month and China's vast factory sector grew a shade faster, but US manufacturing activity sputtered to its slowest since July, underscoring the uneven nature of the post-crisis global ...