Technical Analysis on Dover Corp. and Cummins Inc. - Cloudy Outlook for Diversified Machinery
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NEW YORK, NY, Nov 09 (Marketwire) -- Companies within the diversified machinery industry turned in mixed results as a whole in the third quarter. Several impressed with wider margins, improved profits and increased revenues but also drew attention to uneven demand amidst global economic uncertainty. Specifically, recent results from Dover Corp. and Cummins Inc., were both encouraging while also giving reason to be cautious. StBulls.com has initiated technical analysis on Dover Corp. (NYSE: DOV) and Cummins Inc. (NYSE: CMI) which serves the Diversified Machinery industry. These reports are free upon registration. Rest assured that there is no financial commitment to sign up on http://www.stbulls.com/ www.StBulls.com enthuses to bring the best from the internet under one roof, providing you with a one click opportunity to view what the market and financial researchers globally have to say about any particular bellwether stocks in any given financial environment. We work with a number of financial professionals and a dedicated team of researchers that use their acute knowledge to help you manage your understanding of the market. To be part of this community please sign up at http://www.stbulls.com/ Positive reports were frequently tempered by declining sales in certain markets. Namely, electronics, automotive and energy end-markets are all showing signs of weakness at this time. Machinery makers with strong ties to these are particularly vulnerable. Investors may want to look closely at revenue breakdowns to mitigate exposure to waning demand. Read our technical analysis on Dover Corp. by clicking on http://www.stbulls.com/DoverCorp09112012.pdf Many are taking a proactive approach to demand uncertainty though. Projects are being delayed or canceled, workforces reduced, output cut and expenses slashed. These efforts should help soften the effects of uneven demand but will likely make significant gains difficult. Our technical analysis on Cummins Inc. is accessible at http://www.stbulls.com/CumminsInc09112012.pdf About Street Bulls STREET BULLS is committed to provide the investor community with sharp and timely trading and investing advice. Our aim is to help our readers achieve above-average returns from the markets and create wealth for themselves. Our newsletters and trading advice will provide investors with the information their need for success in today's volatile markets. To view our disclaimer, use this link http://www.stbulls.com/disclaimer.html. Contact Person: Martin Peters Marketing Consultant email@example.com Copyright 2012, Marketwire, All rights reserved. -0-
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