Shares of Caterpillar Inc. CAT surged 4.5% after the company confirmed that it will continue paying its regular dividend of $1.03 per share.
Shares of Marathon Oil Corp. MRO climbed 7.3% after the company decided to cut its capex budget to $1.3 billion for 2020 in order to conserve cash due to coronavirus-led downturn.
General Motors Co.'s GM shares jumped 8.6% after it was awarded to make 30,000 ventilators, for a consideration of $489.4 million, for the Strategic National Stockpile by the end of August.
RPM International Inc. RPM gained 3.7% after posting third quarter of fiscal 2020 adjusted earnings per share of $0.23 beating the Zacks Consensus Estimate of $0.20.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Marathon Oil Corporation (MRO) : Free Stock Analysis Report
Caterpillar Inc. (CAT) : Free Stock Analysis Report
General Motors Company (GM) : Free Stock Analysis Report
RPM International Inc. (RPM) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research