(Bloomberg) -- The Dow Jones Industrial Average climbed to a third straight record after first-quarter results from Caterpillar Inc., Honeywell International Inc. and American Express Co. surpassed forecasts.
Caterpillar, the biggest earthmoving equipment maker, raised its 2007 per-share profit outlook. At Honeywell, earnings rose on higher demand for energy-saving building products and jet parts. Increased customer spending helped American Express, the fourth- largest U.S. credit-card issuer, post a record profit. Twenty- eight of the Dow average's 30 members advanced.
Read more at Bloomberg Stocks News
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