Industrial Goods New Highs: Caterpillar Inc. (NYSE:CAT), Colfax Corp (NYSE:CFX), Constellium NV (NYSE:CSTM), Dover Corp (NYSE:DOV)

Technology Stocks News 13

Caterpillar Inc (NYSE:CAT) was the target of a significant decline in short interest in January. As of March 31st, there was short interest totalling 24,940,659 shares, a decline of 28.0% from the March 14th total of 34,629,924 shares. Caterpillar Inc. (NYSE:CAT) stock performance was -0.30% in last session and finished the day at $103.38. Traded volume was 6.43million shares in the last session and the average volume of the stock remained 6.32million shares. The beta of the stock remained 1.81. Caterpillar Inc. (NYSE:CAT) insider ownership is 0.20%.

Colfax Corp (NYSE:CFX) is scheduled to release its Q114 earnings data on Thursday, April 24th. Analysts expect Colfax Corp to post earnings of $0.44 per share and revenue of $1.04 billion for the quarter. Colfax Corp (NYSE:CFX) dropped -0.68 percent to $73.20 Wednesday on volume of 994,391.00million shares. The intra-day range of the stock was $72.75 to $73.85. Colfax Corp (NYSE:CFX) has a market capitalization of $9.04billion.

Constellium NV (NYSE:CSTM) announced that it will be significantly increasing the industrial capacity of the company’s Issoire plant in France to meet the increasing demand for the eAIRWARE technology. Building on experience of Constellium NV (NYSE:CSTM)’s 1st cast-house that was inaugurated in 2013 March, that is already producing the AIRWARE on an industrial scale, the 2 new state-of-the-art cast-houses are slated to begin & ramp-up production in 2015 & 2016. Constellium NV (NYSE:CSTM)’s stock on Apr 23, 2014 reported a increase of 1.13% to the closing price of $30.40. Its fifty two weeks range is $13.26 -$30.79. The total market capitalization recorded $3.19billion. The overall volume in the last trading session was 973,993.00million shares. In its share capital, CSTM has 104.07million outstanding shares.

Finally, Robert W. Baird raised its price target on shares of Dover Corp. (NYSE:DOV) from $86.00 to $92.00. They have an outperform rating on that stock. On Wednesday, shares of Dover Corp (NYSE:DOV) advanced 0.24% to close the day at $86.35. Company return on investment (ROI) is 13.20% and its monthly performance is recorded as 6.78%. Dover Corp (NYSE:DOV) quarterly revenue growth is 9.01%.

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