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Caterpillar (NYSE:CAT) Is Focusing On Autonomous Driving Technology As Equipment Sales Slump Due To The Pandemic

Caterpillar Inc. (NYSE:CAT) is betting on the autonomous driving tech that can be included in existing machines in a bid to bridge the slump in truck and bulldozer sales during the pandemic. The use of autonomous technology will help the company mitigate the impact the COVID-19 pandemic has had in sales on its conventional workhorses. […]

Caterpillar Inc. (NYSE:CAT) Loses Chief Information Officer, Looks Globally For Replacement

Boston, MA 06/03/2014 (wallstreetpr) – Caterpillar Inc. (NYSE:CAT) announced that its chief information officer, Randy Krotowski, voluntarily resigned to pursue personal opportunities. The company has announced immediate launch of a global hunt for a replacement. Mr. Krotowski formally ended his employment with Caterpillar on Sunday, June 1, 2014. The company described Mr. Krotowski as a […]

Caterpillar Inc (NYSE:CAT) Does Well When The Economy is Positive

Boston, MA 01/29/2014 (wallstreetpr) – Caterpillar Inc (NYSE:CAT) depends on the construction and mining industry. It recently posted an unexpected profit, meaning that it performed much better than analysts had predicted. This impressive performance has been attributed to the fact that the company’s cost-cutting efforts are now bearing fruit. Secondly, it seems that there is […]

Caterpillar Inc. (NYSE:CAT) Announces 3Q13 Results

Boston, MA 10/24/2013 (wallstreetpr) – Caterpillar Inc. (NYSE:CAT) has posted its 3Q13 results that shows an increase of around $20 million or 3% in its revenue from the last year pushing the total figure to $698 million. The total profit for the financial giant after deducting tax is $118 million or 8% per share that shows […]