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Industrial Goods Stocks Trading Higher (CAT, DE, EMR, LEN)

Fridays Industrial Stocks.

(EMAILWIRE.COM, March 26, 2010 ) Dallas, Tx - Caterpillar Inc. (NYSE:CAT) is up 1.09% to $62.82 on 1.87 million shares. Reuters reported that Caterpillar Inc. said on Wednesday it would take a $100 million after-tax charge to earnings in the first quarter of 2010 because the new law will lower its tax deductions.

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Deere & Company (NYSE:DE) increases 1.11% to $60.87 on 1.03 million shares. Farm equipment maker Deere & Co expects after-tax expenses to rise by $150 million this year as a result of the healthcare reform law President Barack Obama signed this week.

Emerson Electric Co. (NYSE:EMR) surges 0.97% to $49.97 on 1.01 million shares. Emerson Process Management, a global business of Emerson, and LUKOIL Group, one of the world`s largest private oil companies, have signed an agreement to modernize 13 refining and petrochemical facilities in Russia and Eastern Europe.

Lennar Corporation (NYSE:LEN) is also up 3.43% to $18.67 on 1.91 million shares.

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