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Opening Glance: Machinery

By Associated Press
July 7, 2008 | Comments (0)

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Shares of machinery companies rose in early trading Monday, as relief about a drop in oil prices sent the overall market up.

Light, sweet crude for August delivery fell $4.67 to $140.60 a barrel on the New York Mercantile Exchange.

Here's how some machinery stocks were doing in early trading:

Manitowoc Co., up 70 cents, or 2.5 percent, at $28.28.

Terex Corp., up $2.05, or 4.5 percent, at $47.97.

Cummins Inc., up $1.65, or 2.7 percent, at $63.37.

Caterpillar Inc., up $1.22 at $71.53.

Deere & Co., up $1.90, or 2.8 percent, at $70.35.

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