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Stock Market & Financial Investment News

News Breaks
May 20, 2014
10:17 EDTCMI, CATCaterpillar retail sales trends in April weak, says Wells Fargo
Wells Fargo says April dealer retail sales trends for Caterpillar weakened relative to March, which it views as a short-term negative for the company and suppliers like Cummins (CMI). Wells has a Market Perform rating on Cummins.
News For CAT;CMI From The Last 14 Days
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August 31, 2015
16:09 EDTCATLongbow to hold a conference
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August 27, 2015
13:46 EDTCATCaterpillar planst to lay off 475 more employees, Reuters reports
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August 24, 2015
09:26 EDTCATCaterpillar set to open near 4-year lows
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August 21, 2015
13:02 EDTCATChanos says heavy equipment companies 'have the wind in their face'
Jim Chanos of Kynikos Associates said on CNBC that the companies selling heavy equipment will "have the wind in their face" for years as inventory is worked though. Chanos added that he remains short shares of Caterpillar (CAT), pointing out the company acquired Bucyrus at the top of the market. Peers of Caterpillar include Deere (DE) and AGCO (AGCO).
12:56 EDTCATChanos says still short shares of Caterpillar
Jim Chanos of Kynikos Associates said on CNBC .
10:02 EDTCMICummins upgraded to Buy from Hold at Standpoint Research
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