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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. […]

The Executive Pay By Caterpillar Inc. (NYSE:CAT) Wins Despite The Large Minority Vote

Despite a significant minority of 34% voting against the set-out policies, the Caterpillar Inc. (NYSE:CAT). The company’s executive compensation plan still took the win. This is after the Company’s Shareholders approval that was supported by a 66% of a non-binding vote that supported the compensation scheme. Apparently, shareholders had called on various groups to vote […]

Caterpillar Inc. (NYSE:CAT) – Major Support Area In $78-$80 Must Hold For Bulls

Caterpillar Inc. (NYSE:CAT) opened with a nice gap up yesterday but failed to protect the intraday gains and ended the trading session almost flat, with a minor loss of 0.09%. The volume surged to 19 million against the daily average of 6 million. The upside in the morning came on the back of a result […]

Delta Air Lines, Inc. (NYSE:DAL)’S Anderson Expected To Support U.S. Export-Import Bank’s Reauthorization

Boston, MA 06/24/2014 (wallstreetpr) – Delta Air Lines, Inc. (NYSE:DAL) CEO is anticipated to support the U.S. Export- Import Bank in continuing to provide assistance in selling The Boeing Company (NYSE:BA) jets. According to a Wall Street Journal, Delta Air Lines’ Chief Executive Officer and Director Richard H. Anderson may propose that the bank should continue […]

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 […]

What Charles Schwab Corp (NYSE:SCHW) And Google Inc (NASDAQ:GOOG) Could Be Having In Common

Boston, MA 05/06/2014 (wallstreetpr) – Charles Schwab Corp (NYSE:SCHW) and Google Inc (NASDAQ:GOOG) operate in different industries, but having a big presence in Dallas is something that the two large U.S. companies have in common. In any case, there are many other large companies that are considering relocating headquarters or a big chunk of their […]

Caterpillar Inc. (NYSE:CAT) Will Face Senate Panel With Regard To Offshore Taxes

Boston, MA 04/07/2014 (wallstreetpr) –Caterpillar Inc. (NYSE:CAT) will have its offshore tax strategies scrutinized by a U.S. Senate panel, on Tuesday. The world’s largest mining and construction equipment maker is all set to go under the radar for its dealings in the countries of Switzerland, Luxembourg and Bermuda. Tax evasion hearing Of late, many multinational […]

Caterpillar Inc. (NYSE:CAT) Poised To Break Out On Economic Recovery

Boston, MA 04/07/2014 (wallstreetpr) – Caterpillar Inc. (NYSE:CAT) traded sideways for the better part of the past 21 months, amid economic slowdown in the U.S. and globally. However, with economic recovery visible around the world, the company looks poised to move higher in the next couple of months, a trend that should continue through the […]

Can These Stocks Make You Money? Active Power, Inc. (NASDAQ:ACPW), Strategic Global Investments, Inc. (OTCMKTS:STBV), Max Sound Corp (OTCBB:MAXD)

Boston, MA 03/28/2014 (wallstreetpr) – The analysts at Roth Capital assumed coverage of the stock Active Power, Inc. (NASDAQ:ACPW) with a buy recommendation and price objective of $5. Roth Capital observed in a note to investors that they see ACPW returning to its growth path this year and attaining significant growth acceleration by 2015. On […]

How Caterpillar Inc. (NYSE:CAT) Will Benefit From Strong Trade between the US and China

Boston, MA 01/30/2014 (wallstreetpr) – Caterpillar Inc. (NYSE:CAT) has continuously advocated for a much stronger trading relationship between the US and China. It believes that such a development would play a huge role in improving its fortunes in China, thus leading to better and higher financial returns, which would stand well with investors. There is no […]

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 […]

Best week for US stocks in last thirteen months- F, CAT, GM, BAC, & ROST

Northern, WI  1/6/2013 (Wallstreepr) –After the budget deal the U.S stocks have the best week in last thirteen months. This is reflected by the fact that the S&P 500 rose 1.7% on last week of December. It is really a political optimism that the deal was finalized by democratic lawmakers and republican on budget. The […]

Caterpillar (NYSE:CAT) Announces 29th-Straight Quarter Global Sales Up 4% – CAT, DJI, UTX, MMM, LUK

Construction and mining equipment firm, Caterpillar Inc. (NYSE:CAT)’s sales continued to grow fairly, increasing 8 percent all through the world in the quarter to the end of October. It was the 29th-straight quarter of retail-sales growth for the world’s biggest seller of bulldozers, excavators, and wheel loaders. However, the growth rate has turn into uneven […]