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Stock Market & Financial Investment News

News Breaks
March 5, 2014
07:59 EDTCATCaterpillar CEO says global economy fragile, Reuters reports
Caterpillar CEO Doug Oberhelman says several of the company's biggest markets, including China and North America, were strengthening modestly, but warned that the global economy was largely fragile and sensitive to unexpected shocks like the crisis in Ukraine, reports Reuters. Oberhelman said he remained "guardedly optimistic ... very, very guardedly optimistic" about the global economic outlook.Reference Link
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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