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Caterpillar Officer Retires, Co. Consolidates Divisions
Wednesday, February 24, 2016 - 3:50pm | 210Read More...Shares of Caterpillar Inc. (NYSE: CAT) were trading lower by more than 1.5 percent on Wednesday. The company announced the retirement of Steve Niehaus, the company's vice president that oversees the Electric Power Division (EPD). Caterpillar stated that following Niehaus' retirement,...
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Here's What Caterpillar Said In Its Rolling 3-Month Sales Report
Wednesday, January 27, 2016 - 3:19pm | 192Read More...Shares of Caterpillar Inc. (NYSE: CAT) were trading nearly flat during Wednesday's afternoon session after the company earlier released its three-month rolling sales report. Caterpillar's stock did trade as low as $57.46 Wednesday morning before rebounding. Caterpillar said its total...
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Goldman Remains Cautious On Construction Machinery Names
Monday, December 7, 2015 - 4:38pm | 440Read More...Jerry Revich of Goldman Sachs maintained a cautious view on the Machinery and Engineering & Construction sector. Revich sees further "significant" downside in key global commodities and cuts to capex reinvestment rates as hurting the sector. The analyst downgraded shares of...
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Parets: Caterpillar Will Continue To Be One Of Dow's Worst Stocks
Sunday, September 27, 2015 - 7:10pm | 406Read More...JC Parets is a weekly guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. Caterpillar Inc. (NYSE: CAT) has been one of the worst-performing stocks in the Dow 30 this year,...
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Barron's Recap: Time To Buy Commodities
Sunday, August 9, 2015 - 5:39pm | 795Read More...This weekend in Barron's online: the case for jumping into commodities now, the inaugural Income Investing Roundtable, as well as the prospects for Caterpillar, Becton Dickinson, Hertz, PICO and more. Cover Story "Time to Buy Commodities" by Andrew Bary. The harsh sell-off in oil, gold and other...
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Apple Earnings Not The Only Huge Story This Week: Watch GM, Boeing, Coke, Amazon, Microsoft & Others
Sunday, July 19, 2015 - 1:39pm | 960Read More...In a week crowded with big earnings reports, perhaps none is more anticipated than the most recent results from Apple Inc. (NASDAQ: AAPL). It will be the first report to show the impact of the Apple Watch, and Wall Street analysts are expecting healthy growth on the top and bottom lines. General...
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Caterpillar Longs Hoping For Oversold Shares To Hold Support
Monday, April 6, 2015 - 9:23am | 405Read More...Caterpillar Inc. (NYSE: CAT) shares have fallen from grace in the last year dropping from $111 and change last July to just over $80 currently. That is an extremely rough ride lower under any circumstances, but especially when the broader market has been flat to positive during that same time...
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What CEOs Are Saying About Washington Politics
Saturday, December 6, 2014 - 1:37pm | 845Read More...Privately, CEOs are probably like most people, fed up with gridlock in Washington and feeling somewhat powerless to do anything about it. Based on the “polite declines” Benzinga received when reaching out to several corporate leaders for comment, however, many preferred to keep...
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Markets End Week On Positive Note As Investors Are Encouraged By Central Bank Developments In Europe, China
Friday, November 21, 2014 - 5:33pm | 945Read More...U.S. stocks ended the week higher as investors were encouraged by announcements in Europe and China. The European Central Bank outlined plans to expand its asset purchase programs by "altering the size, pace and composition of our purchases" if inflation shows signs that it could stay...
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Dow, S&P 500 Close At Record Highs In Another Quiet Trading Session
Thursday, November 20, 2014 - 5:52pm | 1021Read More...U.S. stocks brushed off early morning losses and ended the day slightly positive. U.S. economic data showed existing home sales and leading indicators both being higher than expected for October, while U.S. preliminary PMI fell from October's reading as analysts were expecting a rise. On...
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Caterpillar Reports Machine Sales Declined 9% Through October
Thursday, November 20, 2014 - 10:43am | 306Read More...In an 8-K filing, Caterpillar Inc. (NYSE: CAT) reported worldwide retail sales of machines had declined. Total machine sales worldwide fell 9 percent for the three-month rolling period ended in October when compared to the same period a year ago. Latin America saw the largest decline in total...
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Markets End Hectic Week On Positive Note
Friday, October 24, 2014 - 5:16pm | 1129Read More...U.S. markets rose on Friday, ending a four-week slide for the major indices despite ongoing Ebola-related scares. Investors found enough positives in earnings reports from Dow listed Microsoft and Procter & Gamble to justify a triple-point gain in the Dow. The S&P 500 posted its best week...
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Markets Boosted From Strong Earnings Releases, Jobless Benefits
Thursday, October 23, 2014 - 5:14pm | 2034Read More...U.S. stocks rose on Thursday after Wednesday's decline on strong earnings reports from Caterpillar and 3M. Also, U.S. data showed a decline in Americans filing for jobless benefits. The bullish sentiment on Wall Street may have been spoiled by fresh reports of a doctor who recently returned...
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Markets Reverse Early Morning Gains Following Canadian Shooting
Wednesday, October 22, 2014 - 4:43pm | 1767Read More...U.S. stocks reversed early morning gains following a fatal shooting of a Canadian soldier in the nation's capital and a subsequent gunfight inside Canada's Parliament. Declining oil prices was also cited as a factor for the poor performance in equities on Wednesday following the release...
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IBM's Report Weighs On The Dow, Apple Helps Boost The Nasdaq, S&P 500 Extends Winning Streak
Monday, October 20, 2014 - 4:57pm | 2950Read More...U.S. stocks started the week on a positive note as all three major indices ended the day in positive territory. Dow component IBM reported a disappointing third quarter along with a cautious outlook weighing down the entire Dow index. The Nasdaq benefited from high expectations over Apple's...













