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Stock Market & Financial Investment News

News Breaks
July 23, 2014
10:44 EDTCMI, CATCaterpillar read-through modest negative for Cummins, says Wells Fargo
Wells Fargo said Caterpillar's (CAT) retail sales trends for the three months ending in June were mixed relative to the prior month's report, with machines sales trends improving modestly on slightly easier comparisons. Wells adds that the accelerating energy and transportation decline rates reported by Caterpillar could have a modest negative read-through for Cummins (CMI).
News For CAT;CMI From The Last 14 Days
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December 18, 2014
11:31 EDTCATCaterpillar sales trends suggest 'muted' 2015 outlook, says Wells Fargo
Wells Fargo says Caterpillar's November retail sales trends were weak with growth trends decelerating from October in all segments. Wells believes weakening demand trends suggest Caterpillar may provide "a muted" outlook for 2015, and the firm stays below consensus with its 2015 expectations. Wells has a Market Perform rating on Caterpillar.
09:47 EDTCATCaterpillar reports retail machines sales down 10% in three months end November
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December 16, 2014
09:59 EDTCATOn The Fly: Analyst Downgrade Summary
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08:53 EDTCATCaterpillar downgraded to Underperform from Neutral at Macquarie
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08:24 EDTCATCaterpillar downgraded to Underperform from Neutral at Macquarie

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