Diversified Machinery: Caterpillar Inc. (NYSE:CAT), General Electric (NYSE:GE), United Technologies Corporation (NYSE:UTX), Ocean Power (NASDAQ:OPTT)

Caterpillar Inc. (NYSE:CAT) has launched its new wheel tractor scrapers at CONEXPO. The new Cat 620 K Series Wheel Tractor scrapers “refine the design of their H Series predecessors,” the machinery manufacturer said. Caterpillar Inc. (NYSE:CAT) stock performance was -0.02% in last session and finished the day at $96.82. Traded volume was 4,448,497 million shares in the last session and the average volume of the stock remained 6.09 million shares. The beta of the stock remained 1.79. Caterpillar Inc. (NYSE:CAT) insider ownership is 0.20%.

General Electric Company (NYSE:GE) led the pack, with $110 billion held offshore. Meanwhile Microsoft’s profits held offshore have more than doubled over the past three years to $76.4 billion; while Apple’s have more than quadrupled in the same time frame to $54.4 billion. General Electric Company (NYSE:GE) dropped -0.54 percent to $25.76 yesterday on volume of 23.49 million shares. The intra-day range of the stock was $25.63 to $25.83. General Electric Company (NYSE:GE) has a market capitalization of $259.17 million.

United Technologies (NYSE:UTX) Director Harold Mcgraw III unloaded 4,395 shares of United Technologies stock in a transaction dated Monday, March 10th. United Technologies Corporation (NYSE:UTX)’s stock on Mar 12, 2014 reported an increase of 0.15% to the closing price of $115.81. Its fifty two weeks range is $90.30 -$118.42. The total market capitalization recorded $106.16 billion. The overall volume in the last trading session was 3,184,200 million shares. In its share capital, United Technologies Corporation (NYSE:UTX) has 901.30 million outstanding shares.

New Jersey-based Ocean Power Technologies Inc (NASDAQ:OPTT) had at one time proposed as many as 100 electricity-producing buoys, producing 50 megawatts of power, but surrendered the permit with the federal government. On Wednesday, shares of Ocean Power Technologies Inc (NASDAQ:OPTT) dropped -13.39% to close the day at $4.72. Company return on investment (ROI) is -79.10% and its monthly performance is recorded as 105.22%. Ocean Power Technologies Inc (NASDAQ:OPTT) quarterly revenue growth is 143.30%.

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