Titan International up after durable goods report

Shares of Titan International Inc., which makes off-road vehicle tires rose Wednesday on government data showing that orders for big-ticket manufactured goods turned in a second consecutive strong monthly performance in July, a far bigger gain than expected.

The Commerce Department said Wednesday orders for durable goods rose 1.3 percent last month, well above the 0.1 percent increase economists expected.

Overall, orders for transportation equipment - such as tractors and earth-moving equipment - were up 3.1 percent last month after a 1.9 percent drop in June.

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