“Caterpillar Inc. (CAT US) gained 1.4 percent to $107.40. The world’s largest construction and mining-equipment maker was raised to buy from neutral at Bank of America Corp., which cited attractive valuation and solid fundamentals.
Comcast Corp. (CMCSA US): A 2003 consumers’ antitrust lawsuit against the cable-service operator is headed for trial after a federal judge in Philadelphia upheld some of the claims.
DuPont Co. (DD US): Five private equity firms have formed three teams to bid for DuPont’s car paint business, Reuters reported on April 13.
KKR & Co. (KKR US): The private-equity firm run by Henry Kravis and George Roberts may sell as many as 1.5 million shares, according to a filing with the Securities and Exchange Commission.
Level 3 Communications Inc. (LVLT US) increased 2.9 percent to $26. The broadband-services provider said it more than doubled the capacity of its content delivery network since late 2010.
Mattel Inc. (MAT US) fell 5.5 percent to $32.24. The maker of Barbie dolls reported first-quarter sales of $928.4 million, missing the average analyst estimate of $984.7 million.
Pendrell Corp. (PCO US) plunged 27 percent to $1.59. Boeing Co. (BA US) won reversal of a $604 million verdict to the intellectual property company formerly known as ICO Global Communications Holdings Ltd. over claims that the aerospace company breached a contract to build a satellite communications network.
Procter & Gamble Co. (PG US): The world’s largest consumer- products company lifted its quarterly dividend to 56.2 cents a share from 52.5 cents.
Texas Instruments Inc. (TXN US) rose 1 percent to $32.49. The world’s largest maker of analog semiconductors will replace First Solar Inc. (FSLR US) in the Nasdaq-100 Index before the start of trading on April 23, Nasdaq OMX Group Inc. said in a statement.
Vringo Inc. (VRNG US) surged 22 percent to $3.71. Mark Cuban, owner of the Dallas Mavericks, reported a 7.4 percent stake in the New York-based provider of video ringtones.”
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