Caterpillar

Business, Technology, Equipment

Caterpillar Says Chip Shortage May Hurt Equipment Deliveries

Caterpillar equipment Luke Sharrett/Bloomberg News

Caterpillar Inc. is warning of potential impacts ahead due to a global chip shortage, putting a damper on better-than-expected earnings for the world’s biggest maker of mining and construction equipment.

Joe Deaux | Bloomberg News
April 29, 2021
Business, Technology, Equipment

Caterpillar Sees Housing Boom Leading 2021 Sales Recovery

Caterpillar Luke Sharrett/Bloomberg News

Caterpillar Inc. fourth-quarter earnings beat analysts’ expectations as reopening economies stoked demand for its signature yellow machines. The company said it expects stronger year-over-year sales this quarter, led by construction industries.

Joe Deaux | Bloomberg News
January 29, 2021
Business, Equipment

Caterpillar Sales Drop Highlights Worry of ‘Catatonic’ Recovery

Caterpillar backhoe excavators are displayed for sale at a dealership in Louisville, Ky. Caterpillar backhoe excavators are displayed for sale at a dealership in Louisville, Ky. (Luke Sharrett/Bloomberg News)

Caterpillar Inc.’s machinery sales dropped by the most in 10 years last month in a sign of a deepening slump in its Americas businesses, where the company has extended plant shutdowns.

Joe Deaux | Bloomberg News
June 12, 2020
Business, Equipment

Caterpillar Sees Virus Pain Intensifying After Profit Trails

Caterpillar excavators displayed for sale at a dealership in Kentucky on Jan. 27. Caterpillar excavators displayed for sale at a dealership in Kentucky on Jan. 27. (Luke Sharrett/Bloomberg News)

The world’s biggest maker of mining and construction equipment is predicting that the pain from the coronavirus crisis is far from over.

Joe Deaux | Bloomberg News
April 28, 2020
Business, Equipment

Caterpillar Posts Worst Machine Sales Since 2016

Caterpillar equipment Callaghan O'Hare/Bloomberg News

In a further indication of the stress rippling through the construction and mining sectors, Caterpillar Inc. reported its biggest decline in global machine sales since the end of 2016.

Joe Deaux | Bloomberg News
March 12, 2020
Business, Equipment

Caterpillar’s 2020 Outlook Adds More Gloom to Markets

Caterpillar backhoe excavators are displayed for sale at a dealership in Kentucky on Jan. 27. Caterpillar backhoe excavators are displayed for sale at a dealership in Kentucky on Jan. 27. (Luke Sharrett/Bloomberg News)

Caterpillar Inc., a worldwide barometer for manufacturing, is warning of more pain to come for the global economy in 2020.

Joe Deaux | Bloomberg News
January 31, 2020
Business, Equipment

Caterpillar Rises as Company Cutting Production to Match Demand

Collection of Caterpillar equipment A collection of Caterpillar equipment. (Justin Sullivan/Getty Images North America)

Caterpillar Inc. shares rebounded as investors welcomed the move by the company to cut production, helping it navigate the global economic downturn.

October 23, 2019
Business, Technology

Caterpillar Tops Estimates, but Investors See ‘Cracks’ in Other Businesses

Callaghan O'Hare/Bloomberg News

Impressive results in Caterpillar Inc.’s mining business weren’t enough to assuage investor concerns about the outlook for its other businesses for the rest of the year.

Joe Deaux | Bloomberg News
April 24, 2019
Business

Caterpillar 4Q Profits Tumble; Trade With China Cited

Caterpillar Richard Drew/Associated Press

Caterpillar Inc. posted the biggest quarterly profit miss in a decade as a China slowdown hit demand for its signature yellow construction and mining equipment.

Joe Deaux | Bloomberg News
January 28, 2019
Government, Business, Equipment

Caterpillar Sales Boom Can’t Save It From Trade-War Carnage

Caterpillar Inc.

The world on the cusp of a trade war has spooked investors, and few companies are feeling the fright more than Caterpillar Inc.

Joe Deaux | Bloomberg News
June 20, 2018

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