Caterpillar to defend tax bill in front of Senate subcommittee, WSJ says Caterpillar will appear in front of the Senate's Permanent Subcommittee on Investigations to defend a corporate restructuring that helped reduce U.S. taxes, reports the Wall Street Journal. Reference Link
Caterpillar 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.