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CATERPILLAR INC PROFIT
Caterpillar's shares hit record high on profit beat, robust demandCaterpillar beat estimates with a double-digit jump in operating profit on Monday to send its shares to a record high buoyed by mining equi...
US stock market: Wall Street gains over 1% after encouraging inflation data with Fed nextAside from the Fed's rate decision on Wednesday, Chair Jerome Powell's news conference will be scrutinized for whether the rate-hiking cycl...
CEOs will have to reckon with Chinese machinesAs a deflated real-estate sector and Covid-Zero strategy destroy demand, the country’s biggest construction-machinery makers — unfazed by t...
Nasdaq futures fall as Meta plummets on dismal outlookGloomy earnings and warnings by growth companies, including Microsoft Corp and Alphabet Inc, spurred concerns about rising interest rates s...
S&P 500 flirts with correction for fifth time on rate hike worriesAll the 11 major S&P 500 sectors were trading in the red. Small-caps also suffered, with the Russell 2000 index slipping 0.7 per cent.
Apple, Amazon knock S&P 500, Nasdaq off record peak; Caterpillar lifts DowApple slipped 3.7 per cent after the iPhone maker warned the impact of supply chain disruptions will be even worse during the current holid...
S&P, Nasdaq hit record closing highs on earnings bullishnessDuring the regular session, heavyweights including Tesla Inc , finishing up 3.8%, and Apple, which closed up 2.5%, spurred on the Nasdaq an...
Facebook fuels S&P 500 to record high closeThe stock logged its biggest single-day gain in five months and easily contributed the most upside to both the S&P 500 and Nasdaq
S&P 500 near record high on Facebook boost, Nasdaq easesFacebook Inc jumped 5.8% to an all-time high after beating market expectations for quarterly revenue and profit, helped by a surge in digit...
Dow Jones closes flat as cyclicals shine, big tech fallsIndustrials led rising sectors in the S&P 500, spurred by a 9.9% surge in Deere & Co and Caterpillar's 5.0% gain to an all-time peak of $21...
Automakers, medical device firms ask Joe Biden for US chip factory subsidiesThe groups, which include the U.S. Chamber of Commerce as well as industry-specific associations representing General Motors Co, Caterpilla...
Tesla’s cash haul leaves it in rarefied tier of S&P 500The money will help support Tesla’s capital spending, which is expected to double in each of the next two years, as the company focuses on ...
How Caterpillar got bulldozed in ChinaAccounting problems were rampant at Siwei before Caterpillar bought it. Yet at multiple junctures, Caterpillar chose to ignore existing or ...
- TIL to separate manufacturing, dealership biz
The board of TIL Ltd, which met on Tuesday, has decided to separate its manufacturing and dealership businesses to bring in more focus in o...
- Caterpillar to cut another 2,110 production jobs
Heavy equipment maker Caterpillar Inc announced 2,110 new job cuts as it scales back production amid a world economic slowdown.
- Caterpillar to cut another 2,110 production jobs
Heavy equipment maker Caterpillar Inc announced 2,110 new job cuts on Friday as it scales back production amid a world economic slowdown.
- India Inc's US-bound M&A dips 30 pc till June 2008
The continuing recessionary fears in the world's largest economy, has dented India Inc's US-bound merger and acquisition activities, which ...