Agriculture & Fertilizer Stocks

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Thursday, June 5, 2008

Opening Glance: Machinery

Machinery stocks fluctuate in early trading after release of jobs report

NEW YORK (AP) -- Shares of machinery companies fluctuated in early trading Thursday, after the release of a government report showing a drop in the number of laid-off workers seeking unemployment benefits and better-than-expected retail sales results.
Also on Thursday, UBS downgraded Paccar Inc. to "Sell" from "Neutral."

Here's how some machinery stocks were doing in early trading:

Manitowoc Co., up 46 cents to $41.47.

Paccar Inc., down $1.56, or 2.9 percent, to $51.69.

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