On Wednesday, Shares of Morgan Stanley (NYSE:MS), added 1.62% and closed at $32.56 in the last trading session. The last trading range of the stock ranges between $32.10 and $32.72. The company’s Market capitalization is $62.42 Billion with the total Outstanding Shares of 1.91 Billion. Morgan Stanley (MS) will declare its third quarter 2016 financial results on Wednesday, October 19, 2016 at about 7 a.m. (ET). A conference call to discuss the results will be held on Wednesday, October 19, 2016 at 8:30 a.m. (ET).
Caterpillar Inc. (NYSE:CAT), jumped 2.19% and closed at $89.42 in the last trading session. The last trading range of the stock ranges between $88.04 and $89.87. The company’s Market capitalization is $51.79 Billion with the total Outstanding Shares of 584.23 million. At the U.S.-Africa Business Forum last week, Caterpillar Inc. (CAT) Chairman and CEO Doug Oberhelman sat down with Egyptian President Abdel Fattah el-Sisi to discuss the future of Egyptian rail, infrastructure and power generation.
“Meeting with President Sisi offered an impressive vision for the future of Egypt,” said Oberhelman. “Infrastructure development is one of his top priorities, and we are exclusively positioned to advance these efforts as Caterpillar has been involved in some of the leading infrastructure projects in Egypt’s history. While we’re proud of our history in Egypt, the country’s incredible opportunity and bright future for investment is where we’re focused recently. Egypt is on the move and Caterpillar is committed to being a central part of the exciting developments on the horizon.”
Caterpillar products assisted expand the Suez Canal, while Caterpillar power generation products offered standby power for this massive infrastructure project. The company is also powering the construction of Egypt’s massive Tunnels Projects. Cat machines can also be seen building thousands of kilometers of new roads as part of Egypt’s National Roads project and actively participating in the construction of the New Capital City outside Cairo. The rich history and investment opportunities also extend to rail.
Coach Inc(NYSE:COH), lost -0.33% and closed at $36.65 in the last trading session. The last trading range of the stock ranges between $36.64 and $37.09. During the 52-week trading session the minimum price at which share price traded, registered at $28.70 and reached to max level of $43.71. Coach, Inc. provides luxury accessories and lifestyle brands. It offers handbags, money pieces, wristlets and cosmetic cases, key rings, and charms for women; and business cases, computer bags, messenger-style bags, backpacks, totes, wallets, card cases, belts, time administration, electronic accessories, and ready-to-wear for men. The company also provides footwear; seasonal lifestyle apparel collections, counting outerwear and ready-to-wear, and cold weather accessories, such as gloves, scarves, and hats; jewelry consisting of bracelets, necklaces, rings, and earrings made with sterling silver, leather, and non-precious metals; sunglasses; watches; and fragrances comprising eau de perfume sprays, eau de toilette sprays, purse sprays, and body lotions. In addition, it offers weekend and travel accessories, travel bags, and other lifestyle products. Further, the company holds licensing rights to market and distribute footwear, eyewear, watches, and fragrances under the Coach brand name. It markets its products to consumers through a network of company-operated stores, counting Internet in North America; and Coach-operated stores and concession shop-in-shops in Japan, Mainland China, Hong Kong, Macau, Singapore, Taiwan, Malaysia, South Korea, the United Kingdom, France, Ireland, Spain, Portugal, Germany, Italy, Austria, Belgium, the Netherlands, and Switzerland. The company also sells its products to wholesale customers and distributors in about 55 countries. As of July 2, 2016, it operated 228 Coach retail stores and 204 Coach outlet leased stores; and 522 Coach-operated concession shop-in-shops within department stores, retail, and outlet stores, in addition to 75 Stuart Weitzman stores.