Industrials

Caterpillar Lifts 1Q Profit, Beats the Street

Caterpillar handily beat Wall Street estimates with a first-quarter profit that climbed 4.8%, as strong sales of construction equipment offset continued weakness in mining.

General Electric Logs Mixed 1Q Results

General Electric reported weaker earnings and revenue for the first quarter, but the conglomerate’s bottom line still topped estimates amid strong results from its energy businesses.

Activists' Next Target: GE?

Some people inside the mega company think so, which is one reason they say CEO Jeffrey Immelt invited famed shareholder activist Nelson Peltz to speak with his senior management team, the FOX Business Network has learned.

Activists' Next Target: GE?

Some people inside the mega company think so, which is one reason they say CEO Jeffrey Immelt invited famed shareholder activist Nelson Peltz to speak with his senior management team, the FOX Business Network has learned.