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MARKET SNAPSHOT: U.S. Stocks Rise For Another Record Close

U.S. stocks rose Wednesday, with hopes for ongoing central-bank stimulus bolstering sentiment amid economic reports illustrating a contraction in manufacturing."It seems like it's becoming a broken record," said Andrew Fitzpatrick, director of investments at Hinsdale Associates Inc., of the string of all-time highs, which again came into play on Wednesday.After starting the session in the red, the Dow Jones Industrial Average (DJI) rose 60.44 points to 15,275.69, the index's 20th record finish this year.The market's current bull run, now in its fifth year, comes amid continuing stimulus from the U.S. Federal Reserve as well as monetary easing by central banks around the globe, along with better-than-expected corporate earnings."Wall Street is getting more comfortable they won't just pull the plug; they'll do it at a more measured pace," said Fitzpatrick, referring to the Federal Reserve."We've seen little reaction to the rumors that the Fed is behind closed doors trying to craft some k...

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  1. Deere Net Rises on Strong Farm-Equipment Sales

    Deere & Co.'s (DE) fiscal second-quarter earnings rose 2.7%, largely owing to continued growth in farm-equipment sales in the U.S. and Canada.Shares were down 5% to ...

  2. Deere 2nd-Quarter Profit Rises 2.7% on Strong Farm-Equipment Sales

    Deere & Co.'s (DE) fiscal second-quarter earnings rose 2.7%, largely owing to continued growth in farm-equipment sales in the U.S. and Canada.Shares were down 11.2% ...

  3. Deere Cuts Equipment Sales Outlook, Stock Falls

    Deere & Co. reported its second-quarter profit rose 3% to $1.08 billion, or $2.76 a share, from $1.06 billion, or $2.61 a share, a year earlier. Revenue rose to $10....

  4. Week Ahead: Retail Earnings and Lots of Data

    Earnings from retailers and lots of economic data related to inflation and housing will keep investors busy next week.Bellwether retailers scheduled to release their...

  5. WEEK AHEAD: Macy's, Wal-Mart to Report; Pricing, Consumer Data Due

    Investors are gearing up for next week's slew of quarterly reports from some of the largest U.S. retailers. Macy's Inc. (M) kicks things off Wednesday, followed by W...

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    Italian truck and tractor maker Fiat Industrial SpA cut its 2013 targets after sales in recession-hit Europe continued to fall, pushing its truck unit to a first-qua...

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    Eaton Corp.'s (ETN) first-quarter earnings rose 22% with the help of its Cooper Industries acquisition, but the company's base sales without the benefit of Cooper we...

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    Parker Hannifin Corp.'s (PH) fiscal third-quarter earnings tumbled 18%, amid lower sales and orders that reflect the weakness in global manufacturing.The diversified...

  9. Business Borrowing for Equipment Jumps

    Companies stepped up borrowing in March to invest in new equipment, the Equipment Leasing and Finance Association (ELFA) said on Tuesday.Companies signed up for $6.8...

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  1. MARKET SNAPSHOT: U.S. Stocks Rise; Another Record Close Possible

    U.S. stocks mostly rose Wednesday, with hopes for ongoing central-bank stimulus-bolstering sentiment amid economic reports illustrating a contraction in manufacturin...

  2. Deere lowers sales outlook; shares fall

    Deere & Co issued a cautious fiscal-year outlook that sent its shares down more than 5 percent and overshadowed a rise in quarterly profit.The No. 1 farm equipment m...

  3. Deere Fiscal 2nd-Quarter Profit Rises 2.7%; Lowers Sales Outlook

    Deere & Co.'s (DE) fiscal second-quarter earnings rose 2.7%, but the company whittled its sales outlook for the year amid concerns that cool, wet weather in the U.S....

  4. MARKET SNAPSHOT: Stocks Turn Higher As Builder Sentiment Rises

    U.S. stocks turned higher Wednesday after a gauge of home-builder sentiment gained in May, offsetting an unexpected contraction in New York-area manufacturing.Wednes...

  5. MARKET SNAPSHOT: U.S. Stocks Trim Drop; Builder Sentiment Rises

    U.S. stocks moderated Wednesday losses after a gauge of home-builder sentiment gained in May, offsetting an unexpected contraction in New York-area manufacturing.The...

  6. MARKET SNAPSHOT: U.S. Stocks Edge Lower As Data Disappoint

    U.S. stocks declined on Wednesday, retreating a day after another record-setting rally, as data showed an unexpected contraction in New York-area manufacturing.The N...

  7. Deere Drops on Cautious Outlook

    Deere (NYSE:DE) revealed a better-than-expected 3% improvement in second-quarter earnings amid surprisingly strong sales on Wednesday but said adverse weather and ot...

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