Diamonds and Dogs
American Tower (AMT) rising tall. The wireless phone tower company stock is up 3% after rewarding its investors with a 2.1% sequential hike in the quarterly dividend on the company's common stock. The advancement in mobile technology and the proliferation of bandwidth-intensive applications are propelling growth in mobile data usage globally.
Deere (DE) trading lower after missing sales estimates. The construction and agricultural equipment maker is down 14% even though they beat earnings estimates and raised earnings guidance. The problem was they missed revenue numbers, continue to see supply chain issues and saw weakness in the small agriculture and turf segments.
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