![Caterpillar A Part Of Positive Day On Wall Street: Acadiana Business Index](http://townsquare.media/site/36/files/2011/10/Wall-Street-spencer-platt-Getty5.jpg?w=980&q=75)
Caterpillar A Part Of Positive Day On Wall Street: Acadiana Business Index
Wall Street rises on a slew of merger announcements and strong results from Caterpillar, while the Dow Jones Industrial Average added 105 points. Mark Lasseigne has your market report on today's Acadiana Business Index.
- Caterpillar reported strong earnings, as it sees demand continuing for its mining and construction equipment. Caterpillar also guided to the high end of its previous 2011 outlook. CAT up 5% to $91.77.
A list of merger and acquisition deals also supported the market.
- Cigna made a $3.8 billion deal for HealthSpring.
- Oracle said it would buy the cloud-computing firm RightNow Technologies in a deal valued at $1.4 billion.
- Sara Lee sold the majority of its North American coffee and tea operations to J.M. Smucker for $350 million.
- And Mattel agreed to buy HIT Entertainment, which sells the Bob the Builder and Fireman Sam toy lines, for $680 million.
- Crude oil ended at $91.27 a barrel.
- And Gold closed at $1,652 an ounce.
More From News Talk 96.5 KPEL
![Evil Looking Caterpillar Showing Up On Citrus Plants](http://townsquare.media/site/34/files/2022/04/attachment-Screen-Shot-2022-04-26-at-10.39.49-AM.jpg?w=980&q=75)
![Be Sure to Avoid The Buck Moth Caterpillar in Louisiana](http://townsquare.media/site/34/files/2022/04/attachment-Screen-Shot-2022-04-20-at-10.42.13-AM.jpg?w=980&q=75)
![$11.7 Million Gold Cube Mysteriously Shows Up in Central Park [PHOTO]](http://townsquare.media/site/34/files/2022/02/attachment-Screen-Shot-2022-02-04-at-8.01.10-AM.jpg?w=980&q=75)
![Louisiana Vaulter Ties for Gold in the ‘Ultimate Garden Clash’](http://townsquare.media/site/182/files/2020/02/GettyImages-1178431652.jpg?w=980&q=75)
![Scammers Selling Fake Gold In South Louisiana](http://townsquare.media/site/33/files/2019/03/JACOJE-LYNX-via-YouTube.png?w=980&q=75)
![What Color Is This Dress? [POLL]](http://townsquare.media/site/36/files/2015/02/dress-7.jpg?w=980&q=75)
![Dow Ends Week By Setting New Record High – Acadiana Business Index](http://townsquare.media/site/36/files/2012/06/Ken-Meyers-e1354841870716.jpg?w=980&q=75)
![Dow Reaches All-Time High – Acadiana Business Index](http://townsquare.media/site/36/files/2012/05/wall-street1.jpg?w=980&q=75)
![Dow Sets Record For Eighth Straight Day – Acadiana Business Index](http://townsquare.media/site/36/files/2012/05/Wall-Street-2-Spencer-Platt-Getty23-300x200111.jpg?w=980&q=75)