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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