October 23, 2014 – Stock Market News

Caterpillar released their third quarter earnings today and figures were stronger than expected. The American company reported earnings of $1.72/ share as well as revenue of $13.55 billion. They also upgraded their yearly forecast and expect potential increased investment in the U.S., India and Turkey. During pre- market trade the stock added 4.5% and it is currently up 4.27 points.

GM Motors also reported better than expected earnings today sending the stock 1.9% higher. Earnings per share came out at $0.97 and revenue was $39.3 billion. Stronger demand came from emerging markets such as China with sales growing 2%.

Amazon, Microsoft and Unilever are all set to report results later in the day creating great opportunities for binary options traders.

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