New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 16, 2013
19:01 EDTCATCaterpillar and Mining Machinery Limited announce settlement agreement
Caterpillar and Mining Machinery Limited announced that they have resolved all outstanding issues between them arising out of Caterpillar's acquisition of ERA, including its wholly-owned subsidiary Zhengzhou Siwei Mechanical & Electrical Manufacturing Co. Caterpillar reached this agreement with two former directors of ERA, Emory Williams and John Lee, and two other parties with an interest in the settlement, Mining Machinery Limited and James Thompson III. As part of the resolution of outstanding issues between the parties, Caterpillar's total outstanding obligations of $164.5M to the MML Parties, which were part of Caterpillar's obligations relating to its acquisition of ERA, were reduced by $135M to $29.5M. In addition, Caterpillar and the MML Parties have mutually released all their claims relating to the acquisition of ERA.
News For CAT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 16, 2014
14:58 EDTCATArmy poised to order more Stryker vehicles, Defense News says
Subscribe for More Information
11:17 EDTCATTitan downturn warning seen as negative for Deere, AGCO
Subscribe for More Information
09:41 EDTCATTitan outlook negative for AGCO, Deere, says Wells Fargo
Subscribe for More Information
October 8, 2014
11:34 EDTCATCaterpillar maintains dividend of 70c per share
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use