Welcome!

News Feed Item

Machinery Equities Technical Commentary -- Research on Deere & Co., Manitowoc, Terex, and Joy Global

Editor Note: For more information about this release, please scroll to bottom

LONDON, April 3, 2014 /PRNewswire/ --

On Wednesday, April 02, 2014, the NASDAQ Composite ended at 4,276.46, up 0.20%, the Dow Jones Industrial Average advanced 0.24% to 16,573.00, and the S&P 500 closed at 1,890.90, up 0.29%. The gains were broad based as eight out of 10 sectors ended the session in positive. The S&P 500 Industrials Sector Index finished the day at 456.87, up 0.65%, and charted up 2.17% in the last one month. Investor-Edge has initiated coverage on the following equities: Deere & Co. (NYSE: DE), The Manitowoc Co. Inc. (NYSE: MTW), Terex Corp. (NYSE: TEX) and Joy Global Inc. (NYSE: JOY). Free technical research on DE, MTW, TEX and JOY can be downloaded upon signing up at:

http://www.investor-edge.com/754-register


Deere & Co.'s stock gained 0.56% on Wednesday, closing the day at $91.90. A total of 2.71 million shares were traded as compared with three months average volume of 3.07 million shares. The company's shares oscillated between $91.03 and $92.00 during the trading session. Shares in Deere & Co. have gained 6.95% in the last one month, 1.82% in the previous three months, and 0.62% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Deere & Co.'s 50-day moving average of $86.99 is above its 200-day moving average of $85.02. Furthermore, the company's stock is trading at a PE ratio of 9.98 and has a Relative Strength Index (RSI) of 65.85. Sign up today to read free research on DE at:

http://www.investor-edge.com/754-DE-03Apr2014.pdf


The Manitowoc Co. Inc.'s stock witnessed trading volume of 1.93 million shares on Wednesday, which is below the three months average volume of 3.06 million shares. The stock ended the day at $31.25, up 1.59% after trading between $30.57 and $31.45. The Manitowoc Co. Inc.'s shares have rallied 35.16% in the last three months and 34.01% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. The Manitowoc Co. Inc.'s 50-day moving average of $29.30 is above its 200-day moving average of $22.58. Additionally, shares of the company are trading at a PE ratio of 21.98 and have an RSI of 50.88. Sign up today to read free research on MTW at:

http://www.investor-edge.com/754-MTW-03Apr2014.pdf


On Wednesday, shares in Terex Corp. gained 0.43%, finishing the session at $44.19. The stock recorded a trading volume of 1.57 million shares, which is below the three months average volume of 2.08 million shares. The company's shares fluctuated between $43.60 and $44.59 during the session. Shares in Terex Corp. have surged 2.10% in the previous three trading sessions, 7.49% in the last three months, and 5.24% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Terex Corp.'s 50-day moving average of $42.27 is above its 200-day moving average of $35.71. Moreover, shares of the company are trading at a PE ratio of 18.07 and have an RSI of 55.50. Sign up today to read free research on TEX at:

http://www.investor-edge.com/754-TEX-03Apr2014.pdf


Shares in Joy Global Inc. recorded a trading volume of 1.70 million shares, as compared with a three month average volume of 1.61 million shares. The stock ended Wednesday's session at $59.09, up 1.58% after vacillating between $57.79 and $59.35. Joy Global Inc.'s shares have advanced 7.44% in the last one month, 4.84% in the previous three months, and 1.03% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Joy Global Inc.'s 50-day moving average of $55.52 is above its 200-day moving average of $53.70. Further, the company's shares are trading at a PE ratio of 12.22 and have an RSI of 60.92. Sign up today to read free research on JOY at:

http://www.investor-edge.com/754-JOY-03Apr2014.pdf


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Investor-edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Investor-Edge

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
"We're developing a software that is based on the cloud environment and we are providing those services to corporations and the general public," explained Seungmin Kim, CEO/CTO of SM Systems Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"We're focused on how to get some of the attributes that you would expect from an Amazon, Azure, Google, and doing that on-prem. We believe today that you can actually get those types of things done with certain architectures available in the market today," explained Steve Conner, VP of Sales at Cloudistics, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketing and Strategy at CA Technologies, in this SYS-CON.tv interview at DevOps Summit at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"The reason Tier 1 companies are coming to us is we're able to narrow the gap where custom applications need to be built. They provide a lot of services, like IBM has Watson, and they provide a lot of hardware but how do you bring it all together? Bringing it all together they have to build custom applications and that's the niche that we are able to help them with," explained Peter Jung, Product Leader at Pulzze Systems Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2,...
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, discussed how by using ne...
"We work around really protecting the confidentiality of information, and by doing so we've developed implementations of encryption through a patented process that is known as superencipherment," explained Richard Blech, CEO of Secure Channels Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.