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Stock Market & Financial Investment News

News Breaks
February 20, 2013
10:55 EDTCATCaterpillar falls after sales decline in January period
Shares of machinery manufacturer Caterpillar (CAT) are lower after the company disclosed earlier this morning in a regulatory filing that its retail sales of machines declined 4% worldwide in the three-month rolling period ending in January compared to the prior year. Sales in Asia/Pacific fell 12% during the three months, while sales in North America were down 11%, with both of those results representing a deceleration from the December-end period. In mid-morning trading, shares of Caterpillar fell $1.40, or 1.46%, to $94.20.
News For CAT From The Last 14 Days
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August 31, 2015
16:09 EDTCATLongbow to hold a conference
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August 27, 2015
13:46 EDTCATCaterpillar planst to lay off 475 more employees, Reuters reports
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August 24, 2015
09:26 EDTCATCaterpillar set to open near 4-year lows
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August 21, 2015
13:02 EDTCATChanos says heavy equipment companies 'have the wind in their face'
Jim Chanos of Kynikos Associates said on CNBC that the companies selling heavy equipment will "have the wind in their face" for years as inventory is worked though. Chanos added that he remains short shares of Caterpillar (CAT), pointing out the company acquired Bucyrus at the top of the market. Peers of Caterpillar include Deere (DE) and AGCO (AGCO).
12:56 EDTCATChanos says still short shares of Caterpillar
Jim Chanos of Kynikos Associates said on CNBC .

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