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Stock Market & Financial Investment News

News Breaks
December 4, 2012
18:02 EDTCHMT, CATChemtura announces joint development agreement with Caterpillar
Chemtura Corporation (CHMT) announced it has entered into a joint development agreement with Caterpillar (CAT) for novel applications of Chemtura's Duracast hot-cast urethane pre-polymer technology for construction and mining equipment. The joint development agreement focuses on novel applications in construction and mining equipment where urethanes have not previously been used. Initial products to be jointly developed include non-pneumatic tires for certain Cat machines. Prototype development is under way with field evaluation expected to begin by early 2013. Under the agreement, other potential applications of Duracast technology may include debris guards for use behind tires, ground engagement accessories and wear reduction coatings.
News For CHMT;CAT From The Last 14 Days
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March 30, 2015
07:24 EDTCHMTSusquehanna to hold a conference
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March 26, 2015
07:25 EDTCATThe Economist to hold a forum
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07:11 EDTCHMTGabelli to hold a conference
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March 25, 2015
06:37 EDTCHMTChemtura management to meet with Piper Jaffray
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March 24, 2015
07:28 EDTCATCaterpillar CEO remains confident on China operations, Want China Times says
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March 23, 2015
06:15 EDTCATCaterpillar to eliminate 230 jobs at Joliet plant, WSJ reports
Caterpillar is planning to cut 230 jobs at its plant in Joliet, Illinois and move production of oil pumps and valves to one of its plants in Monterrey, Mexico, The Wall Street Journal reports. Caterpillar says production of struts and hoists cylinders will remain at the Joliet plant, which employs 770 workers. Reference Link
March 19, 2015
13:21 EDTCATCaterpillar heads for test of its 52-week low, levels to watch
Shares were last down over 1.5% to $80.01, off the low of the day at $79.56. At the low of the day, next support is at the 52-week low at $78.19. Resistance is at the high of the day at $80.50.
13:17 EDTCATCaterpillar end market conditions still negative, says Wells Fargo
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09:12 EDTCATCaterpillar reports retail machines sales down 11% in three months end February
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March 17, 2015
11:31 EDTCATCaterpillar sees up year for North American construction
Sees some competitors in the construction segment becoming more price competitive.
11:10 EDTCATCaterpillar says balance sheet will allow M&A for potential targets
Says metrics are in "great shape." Says not afraid of doing a "multi-billion dollar" deal.
11:05 EDTCATCaterpillar seeing some activity in domestic infrastructure investment
Comments from Caterpillar at Bank of American Merrill Lynch Global Industrials Conference.
10:44 EDTCATCaterpillar reaffirms FY15 EPS ex-items about $4.75, consensus $4.74
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