Stocks Slide On Mixed Trade Oct 26, 2009
Caterpillar (CAT) said it is seeing signs that a recovery is under way. United Technologies (UTX), DuPont (DD) and Honeywell (HON) also reported. (Investors Business Daily)
Volvo Has Q3 Net Loss; Sees Some Recovery Oct 24, 2009
U.S. construction equipment maker Caterpillar Inc. (CAT) Tuesday exceeded third-quarter earnings expectations with a $404 million net profit and said there were encouraging signs that an economic recovery may be underway. Company Web site: http://www. (SmartMoney)
Jobless claims rise 'more than expected'... Oct 23, 2009
Caterpillar was among companies signaling that emerging markets like China and India would be leading the global recovery. The heavy equipment maker said Asia is its best-performing region. (The Drudge Report)
Cat exec tapped as company's next CEO Oct 23, 2009
Caterpillar exec tapped as company's next CEO ... Like Owens, Oberhelman, is a lifelong Caterpillar employee ... Caterpillar Inc. (Caterpillar) operates in three principal lines of business: Machinery, Engines; James OwensChairman of the Board, Chief Executive Officer David BurrittChief Financial Officer, Vice President From The Lists Your resource for everything related to business in Chicago. (Crain's Chicago Business)
Caterpilar CEO Owens announces retirement Oct 23, 2009
He will serve as in those positions until the June 2010 Caterpillar board of directors meeting, at which time he will be elected CEO and a member of the board. Owens, 63, will continue to serve as CEO until July 1, 2010. (Triangle Business Journal)
Ericsson 3Q profits drop 71 percent Oct 22, 2009
Caterpillar 3Q profit drops 53 pct, sees recovery. Caterpillar is counting on Asian customers to buy more of its mining and construction equipment next year, helping the company move beyond a recession that slammed its third-quarter earnings. (Fresno Bee -- Business)
Caterpillar sees recovery signs Oct 21, 2009
Caterpillar, the world's largest maker of construction and mining equipment, has said it sees "encouraging signs" of economic recovery. Caterpillar reported a stronger-than-expected profit of $404m (245m) for the third quarter, although this was down 54% from a year earlier ... The news sent Caterpillar shares up by 3% in Tuesday trading on Wall Street. (BBC News -- Business)
Tysabri sales drive Biogen Idec profit Oct 21, 2009
Caterpillar counts on Asian market ... Caterpillar is counting on Asian customers to buy more of its mining and construction equipment next year, helping the company move beyond a recession that slammed its third-quarter earnings ... Caterpillar earned $404 million, or 64 cents per share, in the third quarter, compared with $868 million, or $1. (Boston Globe)
Dollar rebounds Oct 21, 2009
Earning reports of equipment manufacturer Caterpillar and heath insurer United Health were also encouraging. But the results failed to lift market sentiment amid weak housing data. (Xinhuanet, China)
Weak sales hit Caterpillar's profit Oct 21, 2009
Caterpillar said Tuesday its third-quarter profit tumbled 53 percent ... - Caterpillar said Tuesday its third-quarter profit tumbled 53 percent as customers bought fewer of its bulldozers and other yellow-and-black machines ... Caterpillar has responded by dramatically cutting production and laying off thousands of workers. (MSNBC -- Business)
Matching Gifts Oct 21, 2009
Matching Gift Companies - CLEMSON UNIVERSITY OFFICIAL ATHLETIC SITE. Matching Gift Companies Thank you for making the extra effort - and for your doubled support. (Clemsontigers.com)
Wall Street Earnings optimism lifts US stocks Oct 20, 2009
Caterpillar, Coca-Cola and DuPont are slated to report results before the opening bell tomorrow. Burt White, chief investment officer at LPL Financial in Boston, noted that three of every four companies have topped analysts expectations for earnings in the July-September quarter. (Sydney Morning Herald -- Business)
Stocks Rise as Earnings Reports Top Expectations Oct 20, 2009
Caterpillar Inc., Coca-Cola Co. and DuPont are slated to report results before the opening bell Tuesday. A drop in the dollar also helped push commodity prices higher, which in turn helped stocks of materials and energy companies. (ABC News -- Wire)
Guide to major companies reporting this week Oct 19, 2009
Caterpillar, 3M among the big names that are bellwethers of the economy ... Big manufacturers such as Boeing, Caterpillar and 3M will report results and, possibly, provide evidence that companies and consumers are starting to spend again ... Caterpillar Inc.Why its important: Caterpillar makes bulldozers, motor graders and other machines used to build everything from highways to hospitals. (MSNBC -- Business)
Will US factories show signs of life? Oct 18, 2009
Big manufacturers such as Boeing, Caterpillar and 3M will report results and, possibly, provide evidence that companies and consumers are starting to spend again ... Why it's important: Caterpillar makes bulldozers, motor graders and other machines used to build everything from highways to hospitals ... What the experts say: Caterpillar is expected to earn 7 cents per share on revenue of $7. (The Star Online, Malaysia)
Toromont Proposes Acquisition of Enerflex for $13.50 Per Unit Oct 17, 2009
The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory in addition to industry leading rental operations. The Compression Group is a North American leader specializing in the design, engineering, fabrication, and installation of compression systems for natural gas, coal-bed methane, fuel gas and carbon dioxide in addition to process systems and industrial and recreational refrigeration systems. (CCNMatthews Press Releases)
School superintendent Dr. Jim Jackson opposes TIF district as presented by city Oct 15, 2009
The district is working to get two Caterpillar simulators for its heavy equipment courses. With the newly purchased software Lumen this summer, the district is more Internet friendly and accessible to parents and the community, Jackson said. (Keokuk Daily Gate City, IO)
Acase study in swine flu fears Oct 13, 2009
Her father, Jonathan Ragan, 23, is a welder at a local Caterpillar plant and has good insurance, said Kristina Ragan. Still, it looks like the family will owe at least $2,000 in out-of-pocket expenses for the childs care, she said. (MSNBC -- Health)
Nine to be honored with EIU alumni awards during Homecoming Oct 12, 2009
Prior to his retirement as chief financial officer of Caterpillar s building construction products division in North Carolina, McDaniel was instrumental in recruiting scores of fellow alumni to work at Caterpillar, joining the more than 275 currently employed in management positions. He and his wife, Linda, live in Fishers, Ind. (Mattoon Journal-Gazette, IL)
Make the most of a change in fortune Oct 10, 2009
He sent out an email to all his contacts, which resulted in a job offer with bulldozer and excavator maker Caterpillar. That fell through when the company announced it would shed 20,000 jobs worldwide. (Sydney Morning Herald -- Australia)
Foley to buy Topeka company Oct 9, 2009
Combined the companies have 165 years of experience as Caterpillar, AGCO, AgChem and Trimble dealers. Foley is headquartered in Park City in the building once once occupied. (Wichita Business Journal, KS)
Green thumbs up: Welcome the fall planting season Sep 30, 2009
Another list will record trees, shrubs and perennials that should be pruned or pinched in springtime to produce compact growth with additional entries to emphasize the need to spray early next season to minimize caterpillar defoliation, diseases and damage from foraging deer. Early distribution of slug baits will be starred and highlighted as a top priority, since plants have been totally decimated this season by these voracious mollusks. (Kingston Mariner, MA)
Hawaiian Cement offers $5K to find vandals Sep 26, 2009
The company said a Caterpillar front-end loader at its plant in Puunene was damaged earlier this month, along with company equipment and vehicles. The damage led to a fire that caused even more damage, totaling approximately $3 million, according to reports. (Pacific Business News, HI)
Maui cement company offers reward after vandalism by front-end loader Sep 25, 2009
WAILUKU Hawaiian Cement officials hope a $5,000 reward will help lead to the arrest of the person or persons who used a Caterpillar front-end loader to "wreak havoc" at the company's quarry and cement-making plant in Puunene earlier this month. "The damage is extensive," said Mike Coad, vice president of Hawaiian Cement. (Honolulu Advertiser)
Cat sees stabilizing sales through dealer data Sep 22, 2009
Caterpillar shares were down $1 ... Caterpillar Inc. (Caterpillar) operates in three principal lines of business: Machinery, Engines; James OwensChairman of the Board, Chief Executive Officer David BurrittChief Financial Officer, Vice President From The Lists Your resource for everything related to business in Chicago ... Worldwide dealer sales of Caterpillar's reciprocating and turbine engines, meanwhile, fell 27 percent in the three months ended Aug. 31. (Crain's Chicago Business)
Starting over Sep 21, 2009
Like thousands of other Australians made redundant during the economic crisis, Mr James had to assess his options, initially sending out an email to all his contacts, which resulted in a job offer with bulldozer and excavator maker Caterpillar. Then that fell through when the company announced it would shed 20,000 jobs worldwide. (Sydney Morning Herald -- Business)
US stock market higher on economy stabilising Sep 10, 2009
The weaker dollar also makes the goods of U.S. exporters cheaper outside the U.S. Caterpillar Inc. was among the strongest advancers of the 30 stocks that make up the Dow industrials. Shares of the maker of construction and mining equipment rose $1. (The Star Online, Malaysia)
US stocks advance as job losses slow Sep 6, 2009
General Electric, Microsoft and Caterpillar climbed at least 2 ... 87 for the top gain in the Dow, followed by Caterpillar, which climbed 2. (Sydney Morning Herald -- Business)
U.S. Stocks Advance for Second Day in Biggest Pre-Holiday Gain Since 1999 Sep 5, 2009
General Electric Co., Microsoft Corp. and Caterpillar Inc. climbed at least 2. 1 percent as the government said the nation lost 216,000 jobs in August, less than economists forecast. (Bloomberg -- US)
4-Star Stocks Poised to Pop: Caterpillar Sep 2, 2009
Based on the aggregated intelligence of 140,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, heavy equipment giant Caterpillar (NYSE: CAT) has earned a respected four-star ranking. With that in mind, let's take a closer look at Caterpillar's business and see what CAPS investors are saying about the stock right now ... On CAPS, 94% of the 4,977 members who have rated Caterpillar believe the stock will outperform the S&P 500 going forward. (MSNBC -- Business)
Fewer cities see jobless rates rise in July Sep 2, 2009
where heavy equipment maker Caterpillar Inc. is based, endured the largest jump in July: from 9. 6 percent to 12. (The Augusta Chronicle)
Seven Days of Gains Aug 27, 2009
However, shares of heavy equipment manufacturers General Electric (GE), 3M (MMM) and Caterpillar (CAT) fell after a segment of durable goods reports - mainly the non-transportation piece - rose less than what some economists had expected. Volume was lighter than usual on this quiet day on Wall Street, with less than 1 billion shares exchanged on the New York Stock Exchange. (Fox News)
Hardie looks for love on Facebook Aug 24, 2009
The Caterpillar equipment salesman Kerry Stokes has regained the upper hand in the battle of the egos against the card shuffler James Packer. Kezza has retaken the No. 1 spot in the AdNews Power 50 list of the most influential people in the media, marketing and advertising industries. (Sydney Morning Herald -- Business)
Slumdog engineers of Suame magazine Aug 21, 2009
Under the first Newmont contract, valued at $30,000, the Suame Magazine artisans and repairmen were hired to build stairways, railways and platforms for massive Caterpillar trucks at the mining company. It was followed by agreements on further contracts from Newmont, providing the much-needed prospect of steady revenue for the workers. (Ghana Web, Ghana)
Deere falls on weak outlook Aug 20, 2009
With demand from farmers easing, that puts added pressure on Deere 's construction and forestry unit, which competes with Caterpillar Inc., Komatsu Ltd. and Terex Corp. and has seen demand drop sharply as a result of the worldwide downturn in building. Deere shares lost $1. (Crain's Chicago Business)
Madison County police blotter Aug 19, 2009
Madison County sheriff's Chief Deputy Shawn Burns looks over a Caterpillar Bobcat stolen in Athens and recovered in Comer, when deputies went to Colbert Smithsonia Road and arrested James Melvin Young, 58, for theft by receiving stolen property. Also seized was a stolen Kubota tractor, stolen in Jackson County, that was returned to its owner. (Athens Banner-Herald)
Wall Street US stocks plunge as economic hopes dim Aug 18, 2009
Shares of heavy equipment maker Caterpillar Inc fell 4. 5 per cent to $US43. (Sydney Morning Herald -- Business)
Trade deficit widened slightly in June Aug 13, 2009
Global weakness has been a problem for many American companies, including Caterpillar Inc., Deere & Co. and Boeing Co.. Delayed revivals overseas likely will hinder a broad rebound in the U.S., but most analysts still expect the American economy to grow a bit later this year. (MSNBC -- Business)
June trade deficit rises to $27B, imports increase Aug 13, 2009
Global weakness has been a problem for many American companies, including Caterpillar, Deere & Co. and. Delayed revivals overseas likely will hinder a broad rebound in the U.S., but most analysts still expect the American economy to grow a bit later this year. (USA Today -- Money)
Finning Withdraws Revenue Forecast for Year as Equipment Orders Decline Aug 13, 2009
Aug. 12 (Bloomberg) -- , the worlds biggest dealer in Caterpillar Inc. equipment, withdrew its 2009 revenue forecast after new equipment sales dwindled in the second quarter. in the three months through June fell 29 percent to C$47. (Bloomberg -- Canada)
Mahindra Satyam Boss Talks Up Prospects Aug 12, 2009
While the deals with Nestle () and Fifa continue today, there were high profile names among this year's losses, including heavy equipment manufacturer Caterpillar (), which dropped almost all of its outsourcing deals with Satyam. Gurnani said that those companies who decided to drop Satyam were not dissatisfied with the quality of the service being: "The reality is there was an uncertain customer base and uncertain environment and some people were not willing to wait and they had to make their... (BusinessWeek)
County opts for Deere motorgrader Aug 8, 2009
While Murphy's $205,000 bid was more than the $183,440 proposal from Altorfer Machinery Co. of Cedar Rapids, County Engineer Cathy Nicholas said Altorfer's Caterpillar model failed to meet the specifications spelled out in the bid documents. Specifically, Nicholas said the Caterpillar was not bio-fuel compatible, did not have rear defrost, failed to have a large enough cab for a tall operator to stand and, most notably, was operated by levers rather than a steering wheel ... Board members were... (Waterloo-Cedar Falls Courier)
Service Manager, Heavy Equipment Aug 8, 2009
TRG is a recognized leader in the heavy equipment industry, serving as a partner to both companies and the talented individuals who work within it, primarily within the construction equipment dealer network of powerhouse OEM's such as Komatsu, Deere, Caterpillar and Case. . (The Clarion-Ledger)
City adds new snow equipment Aug 7, 2009
The city then will auctioning a 2000 Caterpillar 928G wheel loader from the wastewater division that could bring in about $25,000 at next summers auction. - SOLID WASTE COMPACTORS: Two new solid waste compactors also will be added to the citys gear. (Gillette News-Record, WY)
Stocks Extend Gains In Choppy Session Aug 6, 2009
Caterpillar (), Travelers () and JPMorgan Chase () were the blue-chip index's biggest point gainers ... Caterpillar (CAT), Travelers (TRV) and. (Investors Business Daily)
Thieves Pull ATM Out With Backhoe Aug 6, 2009
Police said the Caterpillar tractor was more than likely stolen from a construction site. JSO said the tractor with a backhoe pulled the ATM out of the ground, then fled the scene. (News4Jax.com, FL)
Options In Focus: Stec Inc. Aug 6, 2009
Caterpillar (CAT), Travelers (TRV) and. 08/04/2009 05:30 PM ET. (Investors Business Daily)
Caterpillar CEO reaffirms outlook, recovery Aug 5, 2009
Caterpillar should be able to earn at least $2 ... Caterpillar Inc. (Caterpillar) operates in three principal lines of business: Machinery, Engines; James OwensChairman of the Board, Chief Executive Officer David BurrittChief Financial Officer, Vice President From The Lists Your resource for everything related to business in Chicago ... Last month, Caterpillar reported a 66 percent drop in second-quarter earnings, citing slumping sales of its heavy equipment and the cost of job cuts. (Crain's Chicago Business)
Investors Nudge Rally Forward With Small Gains Aug 5, 2009
And Caterpillar Inc. predicted that cost cuts and other efforts will enable it to turn profits in the coming years even if the economy is slow to recover. Traders follow the world's largest maker of construction and mining equipment for signals about the overall economy. (ABC News -- Wire)
2 area schools among 3 in Illinois accredited in industrial tech program Aug 5, 2009
Halverson is taking DuPage students to the Caterpillar simulator next month. Students get hands-on heavy equipment operations on a variety of machines in a simulator. (Keokuk Daily Gate City, IO)
Data helps extend Wall Street rally; Kraft slips late Aug 5, 2009
KRAFT CRUMBLES, CATERPILLAR CLIMBS ... During the regular session, shares of Dow component Caterpillar (CAT.N), a heavy equipment maker, jumped 6. (Yahoo News -- Press Releases)
Caterpillar sees long-term profitability Aug 5, 2009
Caterpillar said its cost cuts and strategic planning had positioned the company for long-term profitability whether the global economy improves or remains mired in recession ... Caterpillar should be able to earn at least $US2 ... Last month, Caterpillar reported a 66 per cent drop in second-quarter earnings, citing slumping sales of its heavy equipment and the cost of job cuts. (Sydney Morning Herald -- Business)
US stock rally continues Aug 5, 2009
Caterpillar Inc. predicted that cost cuts and other efforts will enable it to post profits over the long term no matter how slowly the economy recovers. The world's largest maker of construction and mining equipment is considered a bellwether of the global economy. (The Star Online, Malaysia -- Business)
Colfax-based business wanting to move to Pontiac Aug 4, 2009
His company's equipment is used worldwide by companies such as John Deere and Caterpillar Inc.. "We have just grown every year," Robinson said. (The Pantagraph newspaper)
Getting laid off? Aug 3, 2009
Caterpillar and Gannett, the parent company of USA TODAY, are two firms that have recently used versions of the plan. To get the best severance deal, employment experts say, it's essential that workers determine their needs and fight for what they want. (USA Today -- Money)
Rally Spurs Stocks to '09 Highs... Aug 1, 2009
The measure's best-performing stock in July was Caterpillar, which surged by 33. It gained 1. (The Drudge Report)
Caterpillar plant spurs new residential community Aug 1, 2009
-based Caterpillar, a construction equipment manufacturer, has selected Seguin, located just east of San Antonio, as the site for a 1-million-square-foot assembly, test and paint facility. That new plant is expected to bring more than 1,400 jobs to Seguin. (San Antonio Business Journal, TX)
Caterpillar closing plant in South Africa Aug 1, 2009
Caterpillar Inc. (Caterpillar) operates in three principal lines of business: Machinery, Engines; James OwensChairman of the Board, Chief Executive Officer David BurrittChief Financial Officer, Vice President From The Lists Your resource for everything related to business in Chicago ... Caterpillar said it will offer severance and training assistance to the 193 employees whose jobs will be affected by the closure of the plant in Boksburg, South Africa ... "We regret this action is necessary, but... (Crain's Chicago Business)
Trio of developers is looking to build on Caterpillars draw Aug 1, 2009
Trio of developers is looking to build on Caterpillars draw - San Antonio Business Journal ... Trio of developers is looking to build on Caterpillars draw ... CATHERINE DOMINGUEZ / SAN ANTONIO BUSINESS JOURNAL Terry Trevino, executive director for the Seguin Economic Development Corp., says it s full steam ahead for the city ; thanks to projects like Caterpillar and now the Seguin Commerce Center. (San Antonio Business Journal, TX)
Caterpillar to Close South African Plant Aug 1, 2009
Caterpillar to close plant in South Africa, 193 jobs affected ... Heavy equipment maker Caterpillar Inc. said Friday that it will close a manufacturing facility in South Africa as it realigns its operations with sagging global demand ... Caterpillar said it will offer severance and training assistance to the 193 employees whose jobs will be affected by the closure of the plant in Boksburg, South Africa. (ABC News -- Wire)
Stocks jump on upbeat earnings reports Jul 31, 2009
AT&T, chipmaker Intel and heavy equipment maker Caterpillar have posted results that were stronger than analysts had forecast. Three out of four companies in the S&P 500 index that have reported results have topped analysts' expectations, according to. (USA Today -- Money)
US stocks extend big July rally Jul 31, 2009
AT, chip maker Intel Corp. and heavy equipment maker Caterpillar Inc. all posted results that outran expectations. Three out of four companies in the Sindex that reported second-quarter results so far have topped analysts' expectations, according to Thomson Reuters. (The Star Online, Malaysia -- Business)
The Guild Inn 7-storey Hotel Demolition project, Restoration Environmental - REC Demolition and Toromont CAT have partnered in GREEN LEED Demolition. REC Demolition uses new 2009 Caterpillar 330D UHD - Ultra High Reach Demolition Excavator Jul 31, 2009
REC Demolition uses new 2009 Caterpillar 330D UHD - Ultra High Reach Demolition Excavator ... REC Demolition uses new 2009 Caterpillar 330D UHD - Ultra High Reach Demolition Excavator ... TORONTO, July 31 /CNW/ - "We have had great success, the Guild Inn 7-storey hotel building is now completely down; the historic building is successfully separated and is ready to be restored. REC Demolition and Toromont CAT have partnered in GREEN LEED Demolition. REC Demolition have used their new Caterpillar... (Canada Newswire)
U.S.-Panama trade deal may test Obama goals Jul 31, 2009
The proposed trade deal would eliminate tariffs on U.S. exports to Panama, spurring new sales for American pork producers and heavy equipment makers such as Caterpillar. But the volume of two-way trade between the U.S. and Panama is a minuscule $5. (USA Today -- Money)
Earnings Reports Extend Market's Big July Rally Jul 31, 2009
AT, chip maker Intel Corp. and heavy equipment maker Caterpillar Inc. all posted results that outran expectations. 1. (ABC News -- Wire)
