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Stock Market & Financial Investment News

News Breaks
April 25, 2014
06:49 EDTUBS, CATCaterpillar-backed Neovia looks into potential sale, Reuters says
Neovia Logistics, a logistics services company backed by Caterpillar (CAT), is contemplating a sale that could value it at more than $1B, according to Reuters, citing people familiar with the matter. The sources said that Neovia has hired UBS (UBS) to run an auction for the company and it is preparing to contact possible purchasers. Reference Link
News For CAT;UBS From The Last 14 Days
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June 25, 2015
07:37 EDTCATExecutives' Club of Chicago to hold a discussion
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June 22, 2015
17:46 EDTCATCaterpillar to lay off 50 more workers in East Peoria, Reuters says
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June 18, 2015
11:31 EDTCATCaterpillar trends appear negative for Cummins, says Wells Fargo
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09:15 EDTCATCaterpillar reports retail machines sales down 12% in three months end May
Caterpillar reported in a regulatory filing that its total retail machines sales were down 12% on a three month rolling basis in May. For reference, retail sales of machines were down 11% in the period ending in April and were down 12% in the period ending in March. The company reported world Resources Industries sales down 8% in the May period, which was better than the 9% drop in the April end period. Construction Industries world sales were down 14%, worse than the 12% drop in the April period. Total Energy & Transportation Retail Sales were down 6% in the May end period, which was better than the 8% decline seen in the April period.
08:59 EDTCATCaterpillar and Modustri to collaborate on equipment monitoring technology
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07:50 EDTUBSSNB pushes UBS, Credit Suisse to improve leverage ratios
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June 17, 2015
17:37 EDTUBSGM hires advisers as Fiat Chrysler tries to force merger talks, Reuters says
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