Senate Homeland Security & Government Committee to hold a hearing The Permanent Subcommittee on Investigations holds a hearing entitled "Caterpillar’s Offshore Tax Strategy" which continues its examination of the structures and methods employed by multinational corporations to allocate income outside the U.S. and how such activities are affected by the Internal Revenue Code and related regulations. Participants include Caterpillar (CAT) Chief Tax Officer Beran and VP Lagacy on April 1 at 9:30 am. Webcast 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.