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Stock Market & Financial Investment News

News Breaks
January 18, 2013
17:19 EDTCATCaterpillar says Siwei acquisition still aligned with China strategy
"Despite these actions we continue to believe that the Siwei acquisition is well aligned with our strategy to expand our role as a leading equipment and solutions provider for the Chinese coal mining industry. We intend to utilize Siwei roof support products and manufacturing capabilities, combined with Caterpillar's strong commitment to technical innovation and safety, to help our mining customers in China become more efficient and safer within their mines," the company said.
News For CAT From The Last 14 Days
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January 21, 2015
07:43 EDTCATCaterpillar guidance expected to disappoint, says UBS
UBS sees many headwinds for Caterpillar, including lower oil prices, slowing construction activity, and foreign currency headwinds. Although the firm feels the risks are already priced into the stock, they lowered estimates and expect forward guidance to be disappointing. UBS reiterated its Neutral rating but lowered its price target to $84 from $104 on Caterpillar shares.
January 16, 2015
07:23 EDTCATJim Chanos says long shares of Apple
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07:16 EDTCATCaterpillar January weekly volatility elevated into Q4 and outlook
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07:12 EDTCATChanos says two of three Caterpillar areas 'highly troubled'
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