Industrial Goods New Highs: Caterpillar Inc. (NYSE:CAT), General Dynamics Corporation (NYSE:GD), 3M Co (NYSE:MMM), L-3 Communications Holdings, Inc. (NYSE:LLL)



Companies including Caterpillar Inc. (NYSE:CAT), United Parcel Service Inc.(UPS:US) and Honeywell International Inc. (HON:US) are pushing for a long-term bill, after a 2012 drive on legislation collapsed in a dispute over funding and resulted in the current two-year law that expires at the end of September. Caterpillar Inc. (NYSE:CAT) stock performance was 0.89% in last session and finished the day at $107.15. Traded volume was 3,945,100 shares in the last session and the average volume of the stock remained 5.19 million shares. The beta of the stock remained 1.74. Caterpillar Inc. (NYSE:CAT) insider ownership is 0.20%.

General Dynamics Corporation (NYSE:GD), received the U.S. Defense Department’s biggest contract last month, a behemoth of a deal valued at almost $18 billion for more nuclear attack submarines.A group of companies including General Dynamics and Harris Corp. won the second-largest defense contract last month, a potentially $1 billion deal with the Army to supply troops with digital radios, according to the April 9 announcement. General Dynamics Corporation (NYSE:GD) rose 0.38% to $115.29 yesterday on volume of 2,225,400 shares. The intra-day range of the stock was $114.75 – 115.96. General Dynamics Corporation (NYSE:GD) has a market capitalization of $39.53 million.

The Board of Directors of 3M Co (NYSE:MMM) has declared a dividend on the company’s common stock of 85.5 cents per share for the second quarter of 2014, payable June 12, 2014, to shareholders of record at the close of business on May 23, 2014. 3M has paid dividends to its shareholders without interruption for more than 97 years. 3M Co (NYSE:MMM)’s stock on May 13, 2014 reported a decrease of -0.27% to the closing price of $142.43. Its fifty two weeks range is $107.15 – 143.37. The total market capitalization recorded $93.19 billion. The overall volume in the last trading session was 1,695,400 shares. In its share capital, 3M Co (NYSE:MMM) has 654.28 million outstanding shares.

L-3 Communications Holdings, Inc. (NYSE:LLL), an aerospace systems and national security solutions’ contractor and provider of various military and security communication and electronic systems and products, stated today that its wholly owned subsidiary L-3 Communications Corporation (L-3 Communications) priced an offering of USD1bn in aggregate principal amount of senior notes. On Tuesday, shares of L-3 Communications Holdings, Inc. (NYSE:LLL) advanced 4.50% to close the day at $121.06. Company return on investment (ROI) is 9.80% and its monthly performance is recorded as 6.51%. L-3 Communications Holdings, Inc. (NYSE:LLL) quarterly revenue growth is 8.14%.

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