Welcome!

News Feed Item

Joy Global, Deere & Co., Terex Corp., and CNH Global Under StockCall's Microscope

Industrial Goods Stocks Move Sideways

LONDON, March 1, 2013 /PRNewswire/ --

On Thursday, markets ended the day in red zone after forfeiting their early gains. Data shows that the domestic economy grew at a slower pace following spending cuts by companies. The Dow Jones ended session 0.15 percent lower at 14,054.49, while the S&P 500 closed at 1,514.68, down 0.09 percent. The NASDAQ also followed suit to end at 3,160.19, down 0.07 percent. Our research team took a look at the industrial goods sector including major companies like Joy Global Inc. (NYSE: JOY), Deere & Company (NYSE: DE), Terex Corporation (NYSE: TEX) and CNH Global NV (NYSE: CNH). StockCall has released full comprehensive research on JOY, DE, TEX and CNH and these free technical analyses can be downloaded by signing up at http://www.stockcall.com/technicalanalysis

Shares of Joy Global Inc. ended Thursday's trading session marginally higher at $63.34, up 0.10 percent. The stock fell more than 29 percent this year, lagging behind the broad market. Joy Global has support at around $63.14 at the moment. Despite its upward movement, the stock is still trading below their 6-day and 20-day moving averages. It traded 2.92 million shares and oscillated in the range of $63.34 and $65.71 yesterday. Free technical analysis on JOY available by signing up at http://www.StockCall.com/JOY030113.pdf  

Deere & Company's stock is in a neutral mode and is trading below its 20-day SMA of $88.10. It ended its yesterday's trading session 0.01 percent higher at $87.83, and it oscillated in the range of $87.66 and $88.35 during the session. The stock trades at Price/Earnings ratio of 11.01. The company is expected to face its first resistance level at $91.31. Upon breaching this level, the stock may touch $94.14. On the downside, its first support level is at $87.79. The stock traded 2.89 million shares so far. Its usual trading volume stands at $2.72 million. Register today and access the free research on DE at http://www.StockCall.com/DE030113.pdf  

Terex Corp.'s stock closed at $32.81, 0.46 percent down on Thursday. The stock traded in the range of $32.73 and $33.58 during the session and is currently below it 20-day moving average price of $32.94. Terex gained 16.72 percent so far in 2013. Its Price/Earnings ratio is 28.28. The company's stock is in a bullish phase and its first resistance level is at $35.23. On the downside, its first support is at $32.78. Upon breaching this level, the stock's second support level is at $31.85. In the past 52 weeks, it has traded in the range of $14.05 and $35.76. The free report on TEX can be downloaded by signing up now at http://www.StockCall.com/TEX030113.pdf  

Despite its downward movement in yesterday's trading session, CNH Global is still up 10 percent for the year. It has gained 1.16 percent in the past 52 weeks. The stock closed 0.09 percent lower at $44.30 on volume of 253,000 shares. Its average trading volume stands at 384,000 shares. CNH Global's shares currently face resistance at around $44.42. The stock has support at around $44.02. It is currently trading below its 20-day and 50-day moving averages, which is a neutral signal. The stock trades at P/E ratio of 9.37 and its beta is 2.55. CNH Global NV traded in the range of $34.36 and $49.99 in the past 52 weeks. Free report on CNH can be accessed by registering at http://www.StockCall.com/CNH030113.pdf  

About StockCall.com

StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com  

SOURCE StockCall.com

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of (at least) three separate application components: the software embedded in the device, the back-end service, and the mobile application for the end user’s controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/target –...
What does it look like when you have access to cloud infrastructure and platform under the same roof? Let’s talk about the different layers of Technology as a Service: who cares, what runs where, and how does it all fit together. In his session at 18th Cloud Expo, Phil Jackson, Lead Technology Evangelist at SoftLayer, an IBM company, spoke about the picture being painted by IBM Cloud and how the tools being crafted can help fill the gaps in your IT infrastructure.
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Let’s face it, embracing new storage technologies, capabilities and upgrading to new hardware often adds complexity and increases costs. In his session at 18th Cloud Expo, Seth Oxenhorn, Vice President of Business Development & Alliances at FalconStor, discussed how a truly heterogeneous software-defined storage approach can add value to legacy platforms and heterogeneous environments. The result reduces complexity, significantly lowers cost, and provides IT organizations with improved efficienc...
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
Ask someone to architect an Internet of Things (IoT) solution and you are guaranteed to see a reference to the cloud. This would lead you to believe that IoT requires the cloud to exist. However, there are many IoT use cases where the cloud is not feasible or desirable. In his session at @ThingsExpo, Dave McCarthy, Director of Products at Bsquare Corporation, will discuss the strategies that exist to extend intelligence directly to IoT devices and sensors, freeing them from the constraints of ...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
24Notion is full-service global creative digital marketing, technology and lifestyle agency that combines strategic ideas with customized tactical execution. With a broad understand of the art of traditional marketing, new media, communications and social influence, 24Notion uniquely understands how to connect your brand strategy with the right consumer. 24Notion ranked #12 on Corporate Social Responsibility - Book of List.
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
SYS-CON Events announced today that CDS Global Cloud, an Infrastructure as a Service provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. CDS Global Cloud is an IaaS (Infrastructure as a Service) provider specializing in solutions for e-commerce, internet gaming, online education and other internet applications. With a growing number of data centers and network points around the world, ...