Nancy Lottridge Anderson, Ph.D., CFA, and her staff offer expert advice and personal service. We offer our services on an hourly or retainer basis for our clients. Our services include account management, stock and economic research, retirement planning, and 401k slate analysis. We manage investment accounts of any size and tailor the portfolio to meet your specific needs. For clients of ours, we are available to help with any financial situation you face.
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Friday, October 20, 2006
Caterpillar at Snail's Pace
Caterpillar posted a very disappointing earnings report today, making its shares plunge 14.5%. The heavy-machinery company is a key player in the Dow Jones Industrial Average, so the fall took its effect, with the Dow ending down a little over 9 points. No need to worry - it still closed above 12000...again.
Google jumped 7.9%, helping the tech-heavy Nasdaq end higher today. Concerns over Caterpillar were also helped by another fall in oil prices. Those low oil prices make my weekend travel plans so much better. Be safe!
DJIA: -9.36
Nasdaq: +1.36
S&P 500: +1.64