Daily Stocks News » CAT

Caterpillar Shares Plunge on Q3 Results and Full-Year Outlook

Warren Paige — Wed, 23 Oct 2013 19:42:22 +0000

Mining and construction equipment maker, Caterpillar Inc. (NYSE: CAT) said on Wednesday that fiscal third quarter profit fell 44% as demand for mining equipment remained weak even as prices of construction equipment felt the downward pressure. The Company slashed its full-year earnings per share forecast to $5.50 from $6.50. In the last fiscal year, the [...]

Major Movers on April 17; ALKS, CSX, BAC, MAT, AAPL, CAT

Warren Paige — Wed, 17 Apr 2013 18:12:45 +0000

Alkermes Plc (NASDAQ: ALKS) rallied after the company said its mid-stage clinical trial of the drug ALKS 5451, meant to cure depressive disorders, showed it was capable of “significantly reducing” symptoms of depression. The Company said that it carried studies on 142 patients. Based on the outcome of clinical trials, the Company now intends to [...]

Caterpillar Shares Edge Higher as Q4 Results Beat Estimates (CAT)

Warren Paige — Mon, 28 Jan 2013 15:33:49 +0000

Although Caterpillar Inc. (NYSE: CAT) reported a sharp decline in its fourth-quarter net income due to a write-down of a recent acquisition, shares of the construction and mining equipment manufacturer have edged higher in early trading as it posted better-than-expected adjusted profit for the quarter.

Caterpillar, which is a manufacturer of construction and mining [...]

Major Gainers and Losers in Early Trading on October 22; BTU, CAT, VFC, ACOM

Warren Paige — Mon, 22 Oct 2012 14:50:30 +0000

Shares of Peabody Energy Corporation (NYSE: BTU), a coal company owning interests in 30 coal mining operations, are soaring in early trading today. At last check, BTU shares were trading 12.63% higher at $29.11 on volume of 259,468. The stock hit an intra-day high of $29.23 in early trading today.

BTU shares are rallying [...]

Caterpillar Board Approves Dividend Increase (CAT)

Warren Paige — Wed, 13 Jun 2012 20:03:43 +0000

Caterpillar Inc. (NYSE: CAT), today, announced that its Board of Directors approved a 13% dividend increase. Despite the dividend hike, CAT shares are down in trading today.

Caterpillar’s Board voted to raise the quarterly cash dividend by $0.06 to $0.52 per share. The dividend will be payable on August 20, 2012 to shareholders of [...]

Caterpillar’s Q1 Profit Rises 29% (CAT)

Warren Paige — Thu, 26 Apr 2012 13:29:23 +0000

Caterpillar Inc. (NYSE: CAT), a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives, after market close on Wednesday released its first-quarter financial results, posting a 29% increase in profit. The Peoria, Illinois-based company also raised its outlook for the year, sending shares marginally higher in pre-market [...]