Ford Climbs, Caterpillar Falls, Skyworks Sinks on Results and Dividend Move

On this episode of Stock Movers:  Ford (F) shares climb. Ford Motor Co. raised its profit outlook for the second time this year as consumers continue to buy the automaker’s high-margin sport-utility vehicles. The company’s quarterly earnings were better than expected, and it now expects to earn as much as $11 billion before interest and taxes this year, up from its prior forecast.  Caterpillar (CAT) falls after Baird analyst Mircea Dobre cut the recommendation to neutral from outperform, citing a growing trend of state and local government actions targeting data centers, which have become a key growth driver for the industrial giant.  Skyworks (SWKS) shares sink. The semiconductor-device company gave an outlook for adjusted fourth-quarter earnings that was slightly weaker than expected. It also reported third-quarter results that beat expectations, though it said it “has decided not to declare any quarterly dividends going forward,” given its pending deal with Qorvo. See omnystudio.com/listener for privacy information.