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Stock Market & Financial Investment News

News Breaks
March 10, 2014
08:10 EDTCATCaterpillar boast denied by local Chinese rivals, WSJ says
Caterpillar CEO Doug Oberhelman claims that in China the company is in "the lead position by a fairly nice margin" in terms of excavators, but some local rivals contested his claim, according to The Wall Street Journal. Independent data show that Sany Heavy Industry of China remains the biggest seller of excavators, the most important category of equipment, the report noted. Reference Link
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December 18, 2014
11:31 EDTCATCaterpillar sales trends suggest 'muted' 2015 outlook, says Wells Fargo
Wells Fargo says Caterpillar's November retail sales trends were weak with growth trends decelerating from October in all segments. Wells believes weakening demand trends suggest Caterpillar may provide "a muted" outlook for 2015, and the firm stays below consensus with its 2015 expectations. Wells has a Market Perform rating on Caterpillar.
09:47 EDTCATCaterpillar reports retail machines sales down 10% in three months end November
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December 16, 2014
09:59 EDTCATOn The Fly: Analyst Downgrade Summary
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08:53 EDTCATCaterpillar downgraded to Underperform from Neutral at Macquarie
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08:24 EDTCATCaterpillar downgraded to Underperform from Neutral at Macquarie

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