Caterpillar Stories
Caterpillar lifts outlook on signs of economic stability
U.S. machinery maker Caterpillar Inc posted stronger-than-expected second-quarter earnings and raised its full-year outlook, citing signs of global economic stability, sending its shares up as much as 13 percent.
Caterpillar net beats forecast; shares rise
U.S. machinery maker Caterpillar Inc posted stronger-than-expected second-quarter earnings and raised its full-year outlook, citing signs of global economic stability, sending its shares up as much as 13 percent.
Wall St loses ground on Caterpillar comments
The Dow Jones industrial average dipped on Tuesday, while the Nasdaq and the S&P 500 added losses, after Caterpillar Inc , a major economic bellwether, said it expected a challenging third quarter.
Earnings drive markets higher; Caterpillar soars
Stocks rose slightly on Tuesday as upbeat quarterly results from bellwether companies, including Caterpillar Inc, overshadowed Federal Reserve Chairman Ben Bernanke's cautious outlook for the economy.
Caterpillar lifts Dow; Nasdaq and S&P 500 flat
The Nasdaq briefly turned positive on Tuesday to trade near break-even, along with the S&P 500 index, as optimism about the latest corporate earning results tempered a cautious economic assessment from U.S. Federal Reserve Chairman Ben Bernanke.
Caterpillar beats Street and lifts outlook
U.S. machinery maker Caterpillar Inc posted stronger-than-expected quarterly earnings on Tuesday and raised its full-year outlook, citing what it said were growing signs of stability in the world's credit markets and economies.
Caterpillar, Merck results boost stock futures
Stock index futures rose on Tuesday, a day after the S&P 500 hit its highest closing level in eight months, after Caterpillar Inc posted stronger-than-expected quarterly results.
Caterpillar beats Street and lifts outlook, shares rise
U.S. machinery maker Caterpillar Inc posted stronger-than-expected quarterly earnings on Tuesday and raised its full-year outlook, citing signs of stabilization in the world's credit markets and economies.
Caterpillar, Merck results boost futures
Stock index futures rose on Tuesday, a day after the S&P 500 hit its highest closing level in eight months, after Caterpillar Inc posted stronger-than-expected quarterly results.
Caterpillar beats Street and lifts outlook; shares rise
U.S. machinery maker Caterpillar Inc posted stronger-than-expected quarterly earnings on Tuesday and raised its full-year outlook, citing signs of stabilization in the world's credit markets and economies.
Caterpillar posts stronger-than-expected earnings
U.S. machinery maker Caterpillar Inc posted stronger-than-expected quarterly earnings on Tuesday, and raised its full-year outlook, citing signs of stabilization in the world's credit markets and economies.
Wall St gains on CIT deal and Caterpillar boost
U.S. stocks rose on Monday as troubled lender CIT Group Inc is expected to close a deal with bondholders that could remove uncertainty and point to a healthier financial sector.
Obama voices concern about long-term joblessness
President Barack Obama, speaking to a high-level advisory panel of economic experts, said on Wednesday that U.S. financial markets had improved recently but he was concerned the country would face higher unemployment for some time.
Wall Street gets boost from Caterpillar, Boeing
U.S. stocks rose on Wednesday as a broker upgrade of Caterpillar lifted big manufacturers, while biotechnology shares got a lift from better-than-expected results from Gilead Sciences.
Caterpillar, United Tech results pressured by slack demand
Two U.S. manufacturing bellwethers, Caterpillar and United Technologies, said on Tuesday that falling global demand for big-ticket products battered their first-quarter results.
Caterpillar reports first loss since '92
Caterpillar Inc , the world's largest maker of construction and mining equipment, reported its first quarterly loss in 17 years on Tuesday, pulled into the red by more than half a billion dollars in charges from its wave of recession-triggered layoffs.
Caterpillar falls after results
Shares of Caterpillar Inc fell 3.2 percent to $29.51 in premarket trade on Tuesday after the heavy equipment maker posted its quarterly results.
Wall Street jumps on accounting rule
Stocks surged more than 4 percent on Thursday as world leaders agreed to a trillion-dollar deal to fight the economic downturn and banks were allowed more flexibility to value toxic assets that have clogged up the financial system.
Lawmakers push US stimulus plan
Spurred on by President Barack Obama, US lawmakers on Thursday prepared for final votes by week's end on an unprecedented 789-billion-dollar plan to help Americans through a painful economic crisis.
Caterpillar, Pfizer, GM slash workforce as sales drop
Caterpillar Inc., Sprint Nextel Corp., Home Depot, Pfizer Inc., General Motors, ING Groep NV and Royal Phillips Electronics NY announced a combined 69,000 job cuts on Monday.
Caterpillar reports 32 pct drop in 4Q, slashes 20,000 jobs
Caterpillar Inc., the world's largest maker of mining and construction equipment, said Monday its fourth-quarter profit fell more than 32 percent, and plans about 20,000 job cuts.
Caterpillar Results Send Stock Up 8 Pct
Caterpillar Inc., the world's largest maker of bulldozers, said first-quarter profit rose 13 percent, beating estimates and citied stronger sales in Asia and in North America. Shares jumped as m...
U.S. Stocks Drop: Caterpillar, Exxon Dip
U.S. stocks fell on Monday, as investor grew concerned over rising inflation, sending shares of Exxon and Caterpillar lower.
Caterpillar net misses expectations
Caterpillar Inc, the world's top maker of earth-moving equipment, diesel engines and gas turbines, posted disappointing quarterly earnings on Friday and cut its full-year forecast, sending its shares down 3.5 percent.
Dow ends lower on credit and economy worries
The Dow industrials closed lower for a sixth day on Thursday on fears that credit markets may break down and hurt the economy and profits, but a remarkable late-day surge almost brought them back into the black.
CAT execs say internal issues key in earnings miss
Executives at Caterpillar Inc., the U.S. heavy equipment maker whose disappointing earnings dragged Wall Street into the red on Friday, said internal company factors -- as much as broader economic headwinds -- were to blame for the company's bad quarter.
Caterpillar profit falls and stock follows
Caterpillar Inc., a manufacturer of heavy construction and mining equipment, on Friday said quarterly earnings fell more than expected due to lower sales of diesel truck engines, weakness in North American construction markets, and higher production costs.
Caterpillar Reaches New Quarterly Highs
Caterpillar Inc. reported on Monday that it earned its best-ever first quarter profits and looked forward to better prospects for the rest of the year.