US Stocks to Track (General Electric, ArcelorMittal, PCAR)

General Electric Company (NYSE:GE) added 0.87% to $16.20. The company said Monday it won a $750 million contract to expand an electric power station in Andhra Pradesh, India, with gas turbines.

The company said the deal includes the sale of six Frame 9FA gas turbines, three D-11 steam turbines, training, and long-term services.

Over the past 52-week, the stock had traded within the range of $13.75-$19.70 and is up more than 5% year-to-date.

ArcelorMittal (ADR) (NYSE:MT) dropped 5.57% to $32.87 on unusual volumes. The company reported third-quarter net income rose 48% on 30% higher sales. Earnings reached $1.35 billion, or 89 cents a share, from $910 million, or 60 cents, in the year-earlier period. Sales rose to $21.04 billion from $16.17 billion.

For the fourth quarter, ArcelorMittal, based in Luxembourg, expects lower steel selling prices and pretax profit per ton.

The stock opened at $32.70 and has a 52-week range of $26.28-$49.41.

PACCAR Inc (NASDAQ:PCAR) slid 0.41% to $50.84 after it made its fresh 52-week high of $51.71. The company said its third-quarter net income rose sharply to $120 million, or 33 cents a share, from $13 million, or 4 cents a share, in the year-ago period.

Wall Street analysts expected Paccar to earn 32 cents a share. Paccar OK’d a 33% dividend increase to 12 cents a share from 9 cents a share, payable to stockholders of record at the close of business on Nov. 19.