News Breaks |
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| December 5, 2012 |
| 11:01 EDT |  | CAT | Caterpillar, Ariel Corp create 50-50 joint venture
Caterpillar and Ariel Corporation announced the formation of a 50-50 joint venture that will provide well service pressure pumping products for customers in the global oil and gas industry. The combined venture, Black Horse LLC, also announced the acquisition of pump manufacturer ProSource of Houston, Texas. Under the arrangement, executives from Caterpillar's Marine and Petroleum Power Division and Ariel Corporation will jointly lead Black Horse LLC. The acquisition of ProSource, which designs and manufactures reciprocating pressure pumps, enables Black Horse LLC to serve the well service market. Black Horse LLC will leverage Caterpillar and Ariel engineering and manufacturing expertise to expand ProSource's existing product line to better serve global oil and gas customers. |
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News For CAT From The Last 14 Days Check below for free stories on CAT the last two weeks. |
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| May 20, 2013 |
| 10:45 EDT |  | CAT | Caterpillar trends were weak in April, says Wells Fargo
Wells Fargo notes that Caterpillar's machines sales growth decelerated in April. The firm thinks that modest improvements in the company's overall trends may be mostly offset by North American machines sales deceleration, and it keeps a Market Perform rating on the shares. |
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| 09:03 EDT | | CAT | Caterpillar reports Power Systems retail down 5% in 3-months end April
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| 09:01 EDT | | CAT | Caterpillar reports April 3-month rolling period retail machine sales down 9%
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| 07:45 EDT |  | CAT | Wunderlich Securities to hsot a summit
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| May 17, 2013 |
| 05:21 EDT | | CAT | Caterpillar, Mining Machinery resolve all outstanding issues
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| May 16, 2013 |
| 19:01 EDT | | CAT | Caterpillar and Mining Machinery Limited announce settlement agreement
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| May 10, 2013 |
| 06:30 EDT |  | CAT | Caterpillar, Milwaukee workers' union talks suspended, Reuters says
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| May 8, 2013 |
| 11:43 EDT | | CAT | Caterpillar sees some 'encouraging signs' in China business
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| May 7, 2013 |
| 18:58 EDT | | CAT | Caterpillar set to resume talks with union, WSJ says
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| May 6, 2013 |
| 11:19 EDT | | CAT | Caterpillar shares may offer good entry point, Barron's says
Shares of Caterpillar seem to be pricing in a lot of bad news and current levels could prove to be a good entry point for longer term investors, Barron's said over the weekend in its The Trader column.Reference Link |
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