Friday, October 20, 2006

U.S. stocks fall on Caterpillar warning; Google shines

Quotes & News:
11:41 am ET Oct 20, 2006

DJIA

11,983

-28.25
_____
S&P

1,365

-1.55
_____
NASDAQ

2,336

-4.38
_____
10Yr

4.78%

-0.004
_____

U.S. stocks fall on Caterpillar warning; Google Google shines

U.S. stocks fell Friday after a profit warning from Caterpillar Inc
fueled concern corporate earnings are beginning to feel the pinch of a
slowing economy, but strong results from Google Inc., 3M Co. and others
offered a counter-argument to the naysayers.
_____________
Google shares climb on quarterly report

Google Inc. shares climbed as much as 7% early Friday as investors
cheered the Internet firm's surge in third-quarter sales and profit. See
full story.
______________
Caterpillar cuts outlook; slowing in housing, economy cited

Shares of Caterpillar Inc. fell more than 12% Friday, retreating after
the heavy-machinery maker reported a lackluster third-quarter profit and
warned that costs, a deteriorating housing market and lower sales would
combine to cut into its earnings by the end of the year and in 2007.
__________
Commodities Corner: Uranium, a hot commodity that's getting hotter

As the world seeks alternatives to oil as a source of energy, uranium
has been on a tear, scoring a gain of around 700% in six years as
interest in nuclear power has revived.
___________
Data show U.K.'s economy growing at 2.8% annual rate

Britain's economy expanded at a 2.8% annual rate in the third quarter,
the fastest growth in two years, as the country's services sector made
further gains.

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