Caterpillar
Inc. (NYSE:CAT) slid 0.51% to $78.65. Last week, the company
said its third-quarter profit increased by 96% to $792 million, or $1.22 a
share, from $404 million, or 64 cents a share, in the year-ago period.
Wall Street analysts expected earnings of $1.09 a share
and revenue of $10.5 billion, according to a survey by FactSet Research.
The stock went up more than 35% year-to-date.
United
States Steel Corporation (NYSE:X) dropped 3.36% to $40.85.The
company announced that the Board of Directors declared a dividend of $0.05 per
share on U. S. Steel Common Stock. The dividend is payable December 10, 2010,
to stockholders of record at the close of business November 10, 2010.
The company said Tuesday that its third-quarter loss
narrowed to $51 million or 35 cents a share, from $303 million, or $2.11 a
share, in the year-ago period.
On average, analysts polled by FactSet Research were
expecting the Pittsburgh steel maker to report a profit of 23 cents a share on
sales of $4.46 billion.
Over the past 52-week, the stock had traded within the
range of $33.25-$70.95. At today`s closing market price, the market
capitalization of the company stood at $5.86 billion.
Masco
Corporation (NYSE:MAS) rose 0.37% and closed at $10.93. Earlier
this week, the company posted net income of $28 million, or 8 cents a share, a
year earlier. Revenue for the quarter ended Sept. 30 fell 6% to $1.96 billion
from $2.08 billion. Analysts polled by FactSet Research had expected the
Taylor, Mich.-based company to earn 10 cents a share on $2.07 billion in sales.
Over the past 52-week, the stock had traded within the range of $9.94-$18.77.
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