Account

Caterpillar Inc. (CAT) and the United Steelworkers union agreed to meet next week, after resuming contract negotiations Thursday for union workers at mining equipment plants in Wisconsin.Another bargaining session was scheduled for May 30, Caterpillar said on its website. The two sides met for about four hours Thursday, and the union presented company negotiators with a contract proposal. A union negotiator declined to divulge details about the union's offer, but described the meeting as more constructive than the last session two weeks ago."The tone of the meeting was a lot better than the last time we met," said Ross Winklbauer, a subdistrict director for the union in Milwaukee. "We bounced some ideas back and forth. We were carrying on a good discussion."The union represents about 800 workers at two plants in Milwaukee and South Milwaukee, Wis., where large mining equipment is assembled. Caterpillar, Peoria, Ill., acquired the plants as part of its purchase of mining equipment manuf...
Caterpillar Inc. (CAT) said Thursday it had clawed back part of the cost of its controversial purchase of a Chinese mining equipment firm that prompted the U.S. mach...
Deere & Co issued a cautious fiscal-year outlook that sent its shares down more than 5 percent and overshadowed a rise in quarterly profit.The No. 1 farm equipment m...
Representative-elect on 'Fox News Sunday'
Caterpillar Inc said Thursday that a bid by the United Steelworkers Union to re-open contract talks on behalf of workers in Milwaukee who make mining machinery had n...
Representatives for Caterpillar Inc. (CAT) and the United Steelworkers Union have suspended contract negotiations for mining machinery workers in Milwaukee after tal...
U.S. stock gains picked up steam in afternoon trading as the Dow Jones Industrial Average climbed over the 15000 level, notching another landmark on the market's rec...
The Dow industrials rose back up above 15000 and the Standard & Poor's 500-stock index pushed deeper into record territory, following strong economic data in Germany...
Shares of the world's largest construction and mining equipment maker Caterpillar Inc look poised to rise as the economic recovery picks up, financial newspaper Barr...
FOX Business: Capitalism Lives HereA round of data showing the U.S. labor market is faring better than previously thought unleashed the bulls on Wall Street. The Dow...
The U.S. stock market jumped on Friday to end the trading week. The catalyst for the move higher was a strong jobs report, which briefly sent the Dow Jones Industria...
Two prominent proxy advisory firms offered diverging opinions on Morgan Stanley's (MS) executive compensation plan, with one telling shareholders to vote for it, whi...
Caterpillar Inc. (CAT) workers at a mining-equipment plant in South Milwaukee, Wis., rejected a pay offer from the company as their contract expired Tuesday.The Unit...
Caterpillar Inc. (CAT) and the United Steelworkers union agreed to meet next week, after resuming contract negotiations Thursday for workers at mining equipment plan...
A survey of credit providers showed that loans and leases for business equipment in the U.S. rose 23% in April from a year ago, as companies went on their largest bu...
Caterpillar Inc said on Monday that retail demand for its construction and mining equipment continued to be sluggish in April, though the sales picture appeared to b...
Caterpillar's (NYSE:CAT) construction and mining equipment continued to face sales headwinds in North America, posting a 9% drop globally in April despite stronger d...
Sales of Caterpillar Inc.'s (CAT) construction and mining equipment fell 9% worldwide in the three months to the end of April, as strong demand from Latin America of...
Caterpillar Inc's deal to cut the purchase price of a Chinese mining-equipment maker it bought last year ends an embarrassing episode that overshadowed the company's...
Caterpillar Inc and China-based Mining Machinery Ltd said on Thursday they have settled outstanding issues related to Caterpillar's acquisition of mining equipment f...
