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Market Update : 
Humana, Immucor Plunge; Caterpillar Rises
Author: 123jump.com Staff
123jump.com
Last Update: 4:50 PM EDT March 12 2008



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U.S. stock averages traded 1% higher, a second day advance on the positive earnings guidance. Caterpillar reaffirmed its earnings rise in 2008 between 15% and 20% and sales gain between 5% and 15% on the strength in the global demand. Immucor, blood transfusion systems developer fell 31% after making a cash acquisition for $117 million. Financial stocks gained for the second day after the Fed plan to pump liquidity. Humana plunged 27% on the lowered earnings forecast.

 

 

 

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