US STOCKS-Dow rises on Caterpillar, banks limit gains

* Caterpillar shares jump after Q1 results, outlook

* Dollar Thrifty, Hertz surge after deal

* Citi falls as Treasury details stake sale

* Dow up 0.4 pct, S&P, Nasdaq up 0.1 pct

* For up-to-the-minute market news see [STXNEWS/US]
(Updates to late morning, changes byline)

By Rodrigo Campos

NEW YORK, April 26 (BestGrowthStock) – The Dow industrials rose on
Monday on strong results from Caterpillar, while weakness in
financial shares left the broad S&P 500 index little changed.

A flurry of corporate deals also sent some stocks sharply
higher.

Caterpillar Inc (CAT.N: ), the heavy machinery maker, also
raised its full-year profit forecast, saying “economic
conditions are definitely improving.” The stock gained 5.7
percent to $72.64 and was the top boost on the Dow. For
details, see [ID:nN26212283]

Bank shares fell, with Citigroup Inc (C.N: ) down 2.3 percent
to $4.75 after the U.S. Treasury said it would begin selling
part of the 27 percent stake it holds in the bank after $45
billion in bailouts. [ID:nN26181205]

A sweeping overhaul of financial regulations was expected
to face a crucial Senate test vote on Monday. A Republican
leader said all 41 Republican senators would likely vote
against launching floor debate and try instead to negotiate
changes.

The KBW bank index (.BKX: ) fell 0.7 percent.

“There are a number of things (in the reform) that could
curtail some of (the banks’) more profitable activities,
particularly what relates to derivatives and proprietary
trading,” said Joseph Battipaglia, market strategist at Stifel
Nicolaus in Yardley, Pennsylvania.

The Dow Jones industrial average (.DJI: ) gained 45.72
points, or 0.41 percent, to 11,250.00. The Standard & Poor’s
500 Index (.SPX: ) rose 1.65 points, or 0.14 percent, to
1,218.93. The Nasdaq Composite Index (.IXIC: ) added 3.43 points,
or 0.14 percent, to 2,533.58.

On the New York Stock Exchange nearly nine shares rose for
every five that fell, while on the Nasdaq advancers beat
decliners by about three to two.

Whirlpool Corp (WHR.N: ) surged more than 15 percent to an
all-time high above $118, lifting the S&P consumer
discretionary sector (.GSPD: ). Whirlpool, the world’s largest
appliance maker, reported earnings that beat estimates. The
company also raised its full-year profit view. [ID:nN26177645]

Hertz Global Holdings Inc (HTZ.N: ) said it agreed to buy
Dollar Thrifty Automotive Group Inc (DTG.N: ) for about $1.2
billion, while Charles River Laboratories International
(CRL.N: ), the U.S. clinical research company, said it plans to
acquire WuXi PharmaTech Inc (WX.N: ) for $1.6 billion.
[ID:nSGE63P03V] and [ID:nSGE63P04G]

Stifel Financial Corp (SF.N: ) will acquire rival Thomas
Weisel Partners Group Inc (TWPG.O: ) for about $300 million in
stock, the companies announced. [ID:nSGE63P0M3]

Dollar Thrifty gained 8.8 percent to $42.27, while WuXi
surged 17.3 percent to $19.43, and Thomas Weisel soared 64
percent to $7.14. Hertz shares jumped more than 17 percent to
$15.11.

Worries over Greece’s ability to finance itself weighed on
equity and other markets. Germany set tough terms to secure
emergency aid for Athens, increasing uncertainty over a
financial rescue that pushed the cost of insuring against a
Greek debt default to a record high. [ID:nTOPNOW2]

An index of New York-traded shares of Greek companies
(.BKGR: ) fell 2.2 percent.

Stock Market Money

(Editing by Kenneth Barry)

US STOCKS-Dow rises on Caterpillar, banks limit gains