Caterpillar sees $2.5B stock repurchase in Q3 Caterpillar is announcing its intention to repurchase approximately $2.5B of Caterpillar common stock during the third quarter of 2014. This repurchase is part of the $10B stock repurchase authorization previously approved by the Board of Directors in the first quarter of 2014. The $2.5B repurchase expected in the Q3 is in addition to the approximately $1.7B that was repurchased by the company in Q1.
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.