Caterpillar Stories
US stocks surge on jobs data; oil drops
U.S. stocks ended sharply higher on Thursday as stronger than expected initial jobless claims data and an easing of oil prices after reports of a possible peace deal in Libya buoyed sentiment.
Bankers Eye RMB Offshore Market As China Funding Costs Rise
Bankers are predicting a burgeoning offshore market for renminbi-denominated bonds as corporates increasingly turn to the Chinese currency to issue debt, making it only a matter of time before the renminbi is on a par with dollars, euros and yen.
Caterpillar posts stronger-than-expected profit
Caterpillar Inc reported a higher-than-expected quarterly profit and raised its sales forecast, sending its shares to an all-time high, as rising commodity prices increased mining industry demand for its earth-moving equipment.
Dow once again hits 12,000 as stocks rise
Dow once again briefly surpassed 12,000 points as stocks rose slightly on strong earnings reports.
US stocks modestly higher after jobs data, mixed earnings
US stocks modestly rose in early trade on Thursday, following weaker-than-expected reports on initial jobless claims, durable goods orders and mixed corporate earnings.
Dow, S&P flat as data offsets Caterpillar results
The Dow and S&P were little changed on Thursday as disappointing labor market data offset strong results from Caterpillar, but a strong outlook from Qualcomm lifted the Nasdaq.
Pre-Market Earnings on Jan. 27 (T, PG, CAT, MO, LLY, BMY, CL, MSI, LMT, CELG)
The companies that reported earnings before the markets open on Thursday are: AT&T, Procter & Gamble, Caterpillar, Altria, Bristol-Myers Squibb, Eli Lilly, Motorola Solutions, Colgate-Palmolive, Celgene and Lockheed Martin.
Futures higher on Caterpillar results, data eyed
Stock index futures were slightly higher on Thursday, a day after the S&P 500 closed at a 29-month high as several bellwether companies reported strong results.
Exclusive: Business borrowing up again in December: ELFA
A key measure of business activity strengthened again in December, a lender group told Reuters on Tuesday, as companies borrowed more money to invest in their operations and did a better job of staying
US futures edge higher ahead of economic data
Futures on major U.S. stock indices point to a modestly higher opening on Thursday ahead of economic data including durable goods orders and pending home sales as well as slew of earnings reports.
Stocks in Focus (MSFT, MSI, PG, AMZN, T, MO, CAT, CL, LLY, SNDK)
The companies which are expected to see active trade on Thursday are: Microsoft, Motorola, Procter & Gamble, Amazon, AT&T, Altria Group, Caterpillar, Colgate-Palmolive and Eli Lilly.
Dow, driven by strong earnings reports, rises to 29-month high
Boeing Co. E.I. du Pont de Nemours and Co. drive Dow to highest point since June 2008.
Stocks edge down, despite benevolent economic data
Stocks closed modestly lower, but well above intra-day lows, as the tech sector incurred the heaviest losses on fears of Chinese interest rate hikes.
Michelle Obama urges US students to study in China
Michelle Obama asks American students to study in China, stressing the need for competitiveness and cooperation
Wall Street up as Google, Caterpillar offset Apple's drop
U.S. stocks gained on Tuesday, overcoming weak Citigroup results and concerns circling Apple after news of Chief Executive Steve Jobs' medical leave.
Wall St rises as Google, Caterpillar help offset Apple
U.S. stocks gained on Tuesday, overcoming weak Citigroup results and concerns circling Apple after Chief Executive Steve Jobs' medical leave.
Weld job may have weakened San Bruno pipeline
Investigators into the violent and deadly natural gas line explosion in San Bruno, California on Sept. 9, 2010, have discovered that certain pipe segments were welded only from the outside, not from both inside and outside the pipe, the National Transportation Safety Board said today.
Caterpillar deal may spark consolidation in mining equipment sector
Caterpillar Inc.'s (CAT) $7.6 billion-acquisition of rival Bucyrus International is likely to trigger a consolidation of the attractive mining equipment industry.
US stocks advance in early trade
Stocks on major U.S. indices opened higher as takeovers and faster-than-estimated growth in retail sales fueled optimism in the economy.
Top pe-market NASDAQ Gainers (BUCY, ISLN, MCCC, TSTC, HTWR)
The top pre-market NASDAQ stock market gainers are: Bucyrus International, Isilon Systems, Mediacom Communications, Telestone Technologies, Heartware International, GTSI, Amtech Systems, EDAP TMS, LJ International, and Joy Global.
Caterpillar paying $7.6 bln for rival Bucyrus
Caterpillar Inc., which makes earthmoving machinery, agreed to buy rival Bucyrus International for a total of $7.6 billion, or $92 per share, in cash to boost its presence in the mining equipment industry.
Global Demand Shifting to Emerging Markets
Global demand is increasingly shifting to emerging economies, and American firms, especially small businesses, should adjust to this new reality.
Azimut in a new avatar
Azimut 64, the next gen take on the popular flybridge yacht Azimut 62, is all about sleeker, sportier design and elegant finish. The whole design of the new flybridge is well balanced and space has been used optimally.
Caterpillar profit tops view, raises forecast
Caterpillar Inc reported a stronger-than-expected quarterly profit and raised its full-year outlook, citing sales growth in emerging markets, especially from customers in mining and energy.
Caterpillar tops view, raises forecast
Caterpillar Inc reported a stronger-than-expected quarterly profit on Thursday, and raised its full-year outlook, citing continued strong sales growth in emerging markets.
Caterpillar calls China move on yuan encouraging
Caterpillar Inc (CAT.N), the U.S. machinery giant that sells billions of dollars of earth-moving equipment and other products to China each year, said on Saturday it was heartened by China's move to gradually make the yuan more flexible, saying it would help lift U.S. exports.
Caterpillar CEO: Once shunned, now celebrated
When Jim Owens, the CEO of Caterpillar Inc , retires next month, it will mark the end of a long career bookended by corporate crises and displays of a tough-love approach to leadership and the company's workforce.
Caterpillar changes top structure
Caterpillar Inc said on Wednesday that its Chief Financial Officer Dave Burritt will retire next month as part a major management restructuring that will also lead to the departure of four other top executives.
Caterpillar lifts Dow, but banks limit gains
The Dow industrials rose on Monday on Caterpillar's strong results, while weak bank shares left the broad S&P 500 index little changed.
Dow rises on Caterpillar, banks limit gains
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.