NEW YORK (
) -- U.S. stocks were rising midday Wednesday getting a boost from
Dow Jones Industrial Average
was rising 77.47 points to 13,079.03 midday Wednesday. Leading the Dow higher were
(BA - Get Report)
(DD - Get Report)
(AXP - Get Report)
Shares of Boeing rose 4.03% to $76.16. The company's first-quarter earnings and revenue
beat analysts' expectations
. Boeing reported earnings of $1.11 a share on revenue of $19.4 billion. Analysts expected earnings of 94 cents a share on revenue of $18.4 billion.
gives Boeing a B grade with a buy rating and
DuPont shares gained 1.97% to $53.72. The chemicals maker raised its quarterly dividend by 5% to 43 cents a share. Also Wednesday,
raised their price target on the stock to $53.
DuPont gets a A- grade with a buy rating and
price target from
Shares of American Express rose 1.58% to $58.54.
gives American Express an A+ grade with a buy rating and
The biggest decliner in the index midday Wednesday was
(CAT - Get Report)
. Shares fell 4.61% to $103.40.
of $1.58 billion, or $2.37 a share, up from year-earlier earnings of $1.23 billion, or $1.84 a share.
its 2012 profit outlook to $9.50 a share, up from previous guidance of $9.25 a share. Analysts, on average, expect full-year 2012 earnings of $9.54 a share.
gives Caterpillar an A- grade with a buy rating and
-- Written by Alexandra Zendrian
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