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

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
Business, Equipment

Caterpillar Gives Vote of Confidence to Global Economy

Daniel Acker/Bloomberg News

Caterpillar Inc. raised its earnings forecast in a sign that industries from mining to energy are gaining momentum amid a stronger global economy — assuming no trade wars.

Joe Deaux | Bloomberg News
April 24, 2018
Business, Equipment

Caterpillar Tops Estimates Again With a Bright Outlook for 2018

Daniel Acker/Bloomberg News

If you want more evidence of a broadening expansion in the global economy, look no further than Caterpillar Inc.

Joe Deaux | Bloomberg News
January 25, 2018
Business, Technology, Equipment, Safety, Logistics, Autonomous, TCA

New Deal Sends Autonomous Caterpillar Trucks to Australia

Caterpillar Inc.

Another fleet of mining trucks will join the growing ranks of machines operating autonomously using Caterpillar Inc. systems in Australia next year, reflecting the company’s push to cement industry partnerships with proprietary technology.

Matt Buedel | Journal Star (Peoria, Ill.)
December 21, 2017
Business, Equipment, TCA

Caterpillar to Pay Millions for Crimes Against Customers, Including XPO Logistics

Scott McLeod/Flickr

A wholly owned subsidiary of Caterpillar Inc. will pay tens of millions of dollars for intentionally cheating its customers with unnecessary repairs and dumping rail car parts into the ocean to cover up its actions.

Matt Buedel | Journal Star (Peoria, Ill.)
December 8, 2017
Business, Equipment

Caterpillar Seeks New CFO With Halverson to Retire Next Year

Caterpillar Headquarters Scott McLeod/Flickr

Caterpillar Inc. Chief Financial Officer Brad Halverson will retire in early 2018.

Meenal Vamburkar | Bloomberg News
August 1, 2017
Business, Equipment

Caterpillar Boosts Its Outlook as the Global Recovery Gains Traction

Caterpillar backhoe Jeff Turner/Flickr

Caterpillar Inc. is strengthening its forecast for a first annual sales increase in five years, thanks largely to construction in China.

July 25, 2017