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Large Cap New Highs: PPL Corporation (NYSE:PPL), Caterpillar Inc. (NYSE:CAT), Marriott International Inc (NASDAQ:MAR), Edison International (NYSE:EIX)

PPL Corporation (NYSE:PPL) was downgraded by stock analysts at Morgan Stanley from an “outperform” rating to a “neutral” rating in a report issued on Friday, AnalystRatingsNetwork reports. PPL Corporation (NYSE:PPL) stock performance was -0.03% in last session and finished the day at $33.02. Traded volume was 4,595,800 million shares in the last session and the average volume of the stock remained 4.38 million shares. The beta of the stock remained 0.23. PPL Corporation (NYSE:PPL) insider ownership is 0.08%.

Caterpillar Inc. (NYSE:CAT) will release 2014 first-quarter financial results at 6:30 a.m. Central Time on Thursday, April 24, 2014. The news release will be furnished to the U.S. Securities and Exchange Commission (SEC) via a Current Report on Form 8-K in compliance with applicable SEC rules. Caterpillar Inc. (NYSE:CAT) dropped -0.71 percent to $102.26 yesterday on volume of 6.47 million shares. The intra-day range of the stock was $101.99 to $103.72. Caterpillar Inc. (NYSE:CAT) has a market capitalization of $65.22 billion.

Marriott International Inc. (NASDAQ:MAR) is counting on some European flair to break into the increasingly competitive market for young, international-minded travelers in the U.S. Marriott International Inc (NASDAQ:MAR)’s stock on April 10, 2014 reported a decrease of -2.38% to the closing price of $55.32. Its fifty two weeks range is $38.17 -$57.25. The total market capitalization recorded $16.39 billion. The overall volume in the last trading session was 2,970,400 million shares. In its share capital, Marriott International Inc (NASDAQ:MAR) has 294.82 million outstanding shares.

Edison International (NYSE:EIX) was downgraded by analysts at Argus from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,TheFlyOnTheWall.com reports. The analysts noted that the move was a valuation call. On Thursday, shares of Edison International (NYSE:EIX) dropped -0.14% to close the day at $56.56. Company return on investment (ROI) is 7.20% and its monthly performance is recorded as 10.12%. Edison International (NYSE:EIX) quarterly revenue growth is 26.14%.