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Stock Market & Financial Investment News

News Breaks
January 28, 2013
07:46 EDTCATCaterpillar sees Q1 sales, revenues significantly lower than year ago
The company says "While we are not providing a specific sales and revenues and profit outlook for 1Q13, we are expecting that sales and revenues in Q1 are likely to be significantly lower than 1Q12. The middle of our full-year outlook for sales and revenues is about $2B below 2012 sales and revenues. We expect that sales and revenues will decline more than $2B in the 1Q13 compared with 1Q12. Much of the expected decline in Q1 sales is a result of the continuation of reduced production as dealers are expected to continue to lower their new machine inventories. We expect that dealer inventory reductions will be negative to sales in 1Q13, while in 1Q12 dealers increased inventory which benefitted Caterpillar sales." Profit is also expected to be significantly lower in 1Q13 than in 1Q12a result of lower expected sales and the negative cost impact of continuing low production levels and declining inventory.
News For CAT From The Last 14 Days
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September 25, 2014
14:32 EDTCATGoldman Sachs close to acquiring Neovia Logistics for $1B, Reuters says
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September 23, 2014
15:19 EDTCATCaterpillar close to triggering a bearish price pattern
There is a potential triple top, which resembles an irregularly-shaped bearish head and shoulders pattern, that is clearly visible on a 2-year chart. At the current price of $100.20, the pattern is close to triggering. Whether seen as a triple top or head and shoulders, the neckline is at $100. If there is a break below that level, the pattern would become active. Downside potential for the pattern, if it remained active and completed, would be to the $89 area. This would place shares close to the breakout point back in late January 2014. It would take a move back above $107 to void the pattern.
14:58 EDTCATCaterpillar looking for smaller deals in energy, transportation space
14:56 EDTCATCaterpillar backs FY14 EPS view $6.20, consensus $6.28
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September 22, 2014
07:25 EDTCATCitigroup to hold a conference
Industrials Conference to be held in Boston on September 22-24.
September 19, 2014
11:11 EDTCATCaterpillar sales trends for August mixed, says Wells Fargo
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09:13 EDTCATCaterpillar reports Machines sales down 10% in three months end August
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September 16, 2014
07:26 EDTCATUltima Media to hold a conference
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