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Wednesday, April 7, 2010 as of 11:14 AM ET

Manitowoc

Manitowoc () is a city in and the county seat of Manitowoc County, Wisconsin, United States. The city is located on Lake Michigan at the mouth of the Manitowoc River.

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Capital Goods Sector Wrap

During trading today, both the Capital Goods sector (XLI) and the S&P500 showed little movement.

While being down today, the ETF, as a proxy for sector performance, tracked closer to the overall market today than over the past month. Entering today's trading, XLI was down 0.7% over the last thirty trading days while the S&P 500 was down 1.2%.Manitowoc Company (NYSE:MTW) rose 277.4% to close at $48, crossing its 50-day moving average of $14.11. Meanwhile, Douglas Dynamics (NYSE:PLOW) dropped 4.7% to close at $13.25, moving below its 200-day moving average or $13.74.The Timken Company (NYSE:CFX) fell 2.1% to close at $52.66, moving closer to its 50-day moving average of $52.47. Also, the stock moved closer to its 200-day moving average of $31.14. Gulf Island Fabrication (NASDAQ:GIFI) rose 3.6% to close at $27.19, approaching its 50-day moving average of $27.61. It has also moved closer to its 200-day moving average of $28.71.Wesco Aircraft Holdings (NYSE:WAIR) was a major loser in the sec...

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  1. Caterpillar profit misses, shares fall

    By Nick ZieminskiNEW YORK (Reuters) - Heavy machinery maker Caterpillar Inc disappointed Wall Street with a second-quarter earnings miss on Friday, hurt by higher co...

  2. Caterpillar's 2Q Profit Jumps 44%, But Misses Expectations

    Caterpillar’s (NYSE:CAT) second-quarter earnings soared 44%, but the world’s largest heavy machinery maker’s stock tumbled as its results failed to meet Wall Street’...

  3. Growth Ahead for M&A Activity?

    Palcap Co-CIO Dan Veru on the potential growth in M&A activity.

  4. Special report: Does corporate America kowtow to China?

    By Nick Carey and James B. KelleherSHEBOYGAN, Wisc. (Reuters) - China's rise as a manufacturing power has benefited American factory owners in at least one way.The M...

  5. Manitowoc CEO: Doing Business in China is Difficult

    Manitowoc CEO Glen Tellock on the realities of competing and doing business with China.

  6. AEP CEO on Doing Business in China

    American Electric Power CEO Mike Morris discusses how he plans on to make money in China and whether or not he is worried about the Chinese stealing the company's technology.

  7. Concerns Grow Over Potential Tax Hikes

    Regan.com's Mike Reagan on how Californians and Americans across the country feel about how potential tax increases may affect how they live.

  8. Manitowoc Anticipates Weaker 3Q Revenues on Soft Demand

    Cranes and foodservice-equipment maker Manitowoc ( MTW ) edged lower on Wednesday after announcing worse-than-expected preliminary third-quarter earnings on weaker N...

  9. Manufacturing in China

    Manitowoc Company CFO Carl Laurino argues China is a good long-term market to operate in.

  1. Capital Goods Sector Wrap

    During trading today, the S&P 500 dropped 1.6%, and the Capital Goods sector (XLI) showed little change.China Technology Development Group (NASDAQ:CTDC) was a major ...

  2. Warnaco Group, Telefonaktiebolaget LM Ericsson Among Stocks Down on Above-average Volume Friday

    Here are stocks that are down on high volume today:Warnaco Group (NYSE:WRC) is down on high volume today, trading with volume of 2.8 million, or 3.4 times its averag...

  3. 5 credit cards you won't find anywhere else

    Record numbers of banking executives packed a well-known resort outside Orlando in the latter half of March to swap industry gossip and to show off the latest innova...

  4. Manitowoc's Dirty Fingernails Rally

    Glen Tellock, Manitowoc chairman and CEO, on the company's post-recession comeback and Manitowoc's expansion in emerging markets.

  5. Veru: Financials are Under-Owned

    Dan Veru, Palisade Capital Management CIO, gives his stock picks for today's markets.

  6. Could an Economic Slowdown in China Help the U.S.?

    Mid-Market Securities Senior Managing Director Sheryl WuDunn on the potential rise in consumerism in China and how it could benefit the U.S.

  7. Irene Could Lift Machinery and Engineering Shares

    Heavy equipment makers and rental companies stand to benefit from reconstruction efforts after Irene damaged roads and other infrastructure, took out power to millio...

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