Apple Climbs

July 20, 2007

Ahead of the Bell: Apple Climbs:

Shares of Apple Inc. rose in Friday premarket trading, after a Piper Jaffray analyst said he expected the company to sell 45 million iPhones in fiscal 2009.

Is the iPhone a big hit? I think so.

Caterpillar Squashed

July 20, 2007

Caterpillar Squashed

At record highs, the Dow Jones Industrial Average felt one of its pillars crumble on Friday as Caterpillar recorded a big earnings shortfall.

Shares recently were sliding $7.43, or 8.5%, to $79.55.

That is a big drop.