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Stock Market & Financial Investment News

News Breaks
December 4, 2012
06:12 EDTCAT, DE, KMTUYU.S. leads in heavy equipment manufacturing, WSJ reports
At a time when politicians are hoping for a job-creating revival of American manufacturing, one area where U.S.-based plants are still global champions is heavy equipment, such as mining trucks, reports the Wall Street Journal. And most of these giant trucks are shipped overseas to Latin America, Australia, Asia and Africa. Reference Link
News For CAT;DE;KMTUY From The Last 14 Days
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August 26, 2014
09:33 EDTDEJefferies to hold booth tours at farm show
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09:30 EDTDEGlobal Hunter Securities to hold meetings at farm show
Global Hunter Events at Farm Progress Show in Boone, Iowa on August 26-27.
09:25 EDTDEFarm Progress Companies to hold a show
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07:22 EDTDEUBS to hold a tour
Iowa Machinery Tour travels through Iowa on August 26-27.
August 22, 2014
12:43 EDTDEDeere, AGCO fall after analyst cuts ratings to sell
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12:40 EDTDEDeere layoffs consistent with thesis, says Wells Fargo
After Deere (DE) announced that it would lay off 60 employees at its Waterloo, Iowa, manufacturing facility, Wells Fargo says the layoffs are consistent with the firm's view that the farm equipment cycle is in decline. The firm thinks that farm equipment manufacturers' earnings power are poised to decline ,and it keeps Underperform ratings on Deere and AGCO (AGCO).
10:01 EDTDEOn The Fly: Analyst Downgrade Summary
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09:00 EDTDEDeere announces 460 Waterloo layoffs
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08:17 EDTDEDeere downgraded to Underperform from Neutral at Macquarie
Macquarie downgraded Deere to Underperform based on weakening demand and excess inventory that will pressure revenues. Price target lowered to $75 from $85.
August 20, 2014
10:39 EDTCATCaterpillar data may be negative for shares in short-term, says Wells Fargo
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10:35 EDTCATCaterpillar reported world Machines sales down 9%
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August 18, 2014
08:03 EDTDEMacquarie to hold a field trip
U.S. Midwest Agri Field Trip travels throughout Chicago on August 18-20.
August 15, 2014
09:01 EDTDEDeere to reduce size of manufacturing workforce by 600 employees
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