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Midday Market Update: 10-20-09
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Apple beats the Street while Coca-Cola and Caterpillar see 3Q profits decline.
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LATEST STORIES
Caterpillar Posts Steep Drop In Global Machinery Sales
FOXBusiness| Markets
FOXBusiness Caterpillar (CAT) Thursday reported a decline of 50% in worldwide machinery sales ..... company plans to exit the truck engine market by the end of 2009. SHares of Caterpillar were recently off 1.7% at $58.40.
Story|11/19/2009
Six Days of Gains Leaves Dow at 13-Month High
| FOXBusiness| Markets
commodities overnight, which in turn help lift some of Wall Streets more cyclical names in the pre-market session such as Caterpillar (CAT), U.S. Steel (X), Deere (DE) and Freeport-McMoRan (FCX). In Europe, all the major indices on the continent
Story|11/11/2009
A Weak $ Does Not Create Jobs « Emac's Stock Watch
Emac's Stock Watch
are most exposed to the trend, while health care and utilities stocks are more U.S.-focused. Heavy-equipment maker Caterpillar (CAT) has seen its shares enjoy a sweet rise since the summer, as CEO Jim Owens tells BusinessWeek, "signs, particularly
Blog|11/06/2009
MarketWatch's Top Stories Of The Week, Oct. 26-30
| MarketWatch| Markets
Read more about the ripple effects. Caterpillar is hiring ... and firing Earth-moving machinery giant Caterpillar (CAT) said it plans to bring back ..... separation packages. Read more about Caterpillar 's plans. Want more time off? How
Story|10/30/2009
Caterpillar to Lay Off Some Workers, Bring Back Others
| FOXBusiness| Markets
FOXBusiness Heavy machinery manufacturer Caterpillar Inc. (CAT) announced Monday it will ..... notifying employees slated for termination. Caterpillar said it will provide severance benefits ..... specify where the employees worked. Caterpillar said the additional 550 employees were
Story|10/26/2009
Caterpillar Cutting Jobs, Bringing Others Back
| MarketWatch Pulse| Markets
Wallace Witkowski MarketWatch Pulse SAN FRANCISCO -- Caterpillar Inc. said Monday it will cut 2,500 jobs, but that ..... specify which locations are affected by the realignment. Caterpillar reiterated its 2009 outlook of $1.10 to $1.30
Story|10/26/2009
Caterpillar Looks to Oberhelman as Next CEO
| FOXBusiness| Markets
quarterly earnings, industrial giant Caterpillar (CAT) unveiled a succession plan on ..... slated to step down on July 1, 2010. Caterpillar also names Oberhelman, 53, vice chairman ..... 2010 and will retire in accordance with Caterpillar ’s mandatory retirement policy, the
Story|10/22/2009
Caterpillar Looks to Oberhelman as Next CEO
| MarketWatch Pulse| Markets
Sarah Turner MarketWatch Pulse LONDON -- Caterpillar Inc. named Douglas Oberhelman as vice chairman and chief ..... 1. Oberhelman, 56, is currently group president of Caterpillar . He will serve as vice chairman and CEO-elect until
Story|10/22/2009
Oil Slips Below $80 After Hitting 1-Year High
Reuters| Markets
prices have surged by nearly $10 since the start of October, fuelled by strong quarterly results from bellwethers Apple and Caterpillar and general optimism about the corporate earnings season as a sign of economic recovery and renewed oil demand growth
Story|10/20/2009
Caterpillar Ups 2009 View As Profit Slumps 53%
Reuters| Markets
Reuters U.S. machinery maker Caterpillar Inc posted stronger-than-expected ..... recovery may be under way." The news sent Caterpillar shares up nearly 5% in premarket trading ..... according to Thomson Reuters I/B/E/S. Caterpillar also provided its first forecast for
Story|10/20/2009