Industrials

Caterpillar Profit Beats on Cost-Cutting

Dow component Caterpillar reported an adjusted 4Q profit of $0.74 per share, topping the estimate for $0.69. Revenue for the heavy equipment company came in at $11.03 billion, missing the estimate for $11.4 billion.

Boeing's 2016 Outlook Worries Investors

Boeing sent a shockwave through the aerospace industry on Wednesday with a 2016 outlook that calls for fewer commercial airplane deliveries and some production cuts.

Hormel Foods 2Q Grows 14%, Tops Street

Hormel Foods reported stronger-than-expected second-quarter profit on Wednesday, led by sales of Jennie-O Turkey and international growth.