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Caterpillar Inc. (CAT) Q1 Profit Rises, Lifts Forecast

Caterpillar
Caterpillar Inc. (NYSE: CAT), the largest maker of construction and mining equipment, reported a 29 percent jump in its first-quarter profit that topped analysts' estimates and boosted its full-year outlook, as U.S. builders replaced their aging machinery and demand for mining equipment boomed.

Wal-Mart says Gean is global FCPA officer

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Wal-Mart Stores Inc on Wednesday said the internal lawyer serving as its global compliance officer on foreign corrupt practices act issues is Tom Gean, and gave details on the external teams helping with its ongoing investigations.
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Caterpillar first quarter profit beats Street view

Caterpillar Inc reported a 29 percent rise in first-quarter profit on Wednesday and beat analyst expectations thanks to continued demand for replacement machinery in North America and growth in its mining business.
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Caterpillar 1st-quarter profit beats Street View

Caterpillar Inc reported a 29 percent rise in first-quarter profit on Wednesday and beat analyst expectations thanks to continued demand for replacement machinery in North America and growth in its mining business.
Kim Jong Un

North Korea Claims To Have 'Modern' Weapons Capable Of 'Defeating' US

A senior North Korean military officer has claimed that Pyongyang is equipped with powerful modern weapons capable of defeating the US. This declaration coincides with speculation that the reclusive Asian nation may be planning to conduct a nuclear test, following its failed rocket launch on April 13.
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Dow, S&P rise on earnings, Apple jumps late

The Dow and the S&P 500 rose on Tuesday after strong earnings and upbeat outlooks from big manufacturers like 3M Co , but Apple's slide ahead of its results drove the Nasdaq down.
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Ericsson shares up after Q1 margin boost

World number one mobile network gear maker Ericsson beat expectations for earnings and margins in the first quarter, sparking hopes a period of market weakness has bottomed out and sending its shares up more than 3 percent.
Nikkei steady, optimism remains despite ugly earnings

Asian Stocks Rise On US Earnings

Asian stock markets advanced Wednesday as signs of an improvement in the US housing market and better-than-expected quarterly earnings from corporate majors buoyed sentiment.
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AIG says ex-air lease chief Hazy stole trade secrets

American International Group Inc has sued the co-founder and former chief executive of its aircraft-leasing unit, Steven Udvar-Hazy, accusing him and other former employees of stealing several thousand electronic files containing trade secrets.
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Human Genome exploring options after rebuff of Glaxo

Human Genome Sciences Inc , which rebuffed an unsolicited $2.6 billion takeover bid by British drugmaker GlaxoSmithKline , said on Tuesday it was reviewing strategic alternatives, including the sale of the company.
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Fraud lawsuit survives over Goldman's Abacus CDO

Goldman Sachs Group Inc must defend fraud claims brought by a bond insurance company over its notorious Abacus mortgage product deal, a New York state judge ruled, but she decided that the investment bank did not unjustly enrich itself.
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Protesters picket Wells Fargo meeting, 24 arrested

Police in riot gear arrested two dozen people on Tuesday as protesters with a huge inflated rat sought to disrupt a Wells Fargo & Co annual shareholder meeting to express anger over foreclosures, executive compensation and corporate taxes.

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