Caterpillar Inc. (NYSE: CAT) this morning reported second-quarter earnings per share (EPS) of $2.54 and $17.37 billion in revenue. EPS rose from $1.57 in the same period a year ago, while revenue…
Paul Ausick U.S. stock futures are mixed ahead of the opening bell. Dow Jones industrial average and S&P 500 futures were about 0.5% higher, while Nasdaq futures were lower by about the same amount.…
The three major US stock indexes opened roughly flat this morning as Spanish 10-year bond yields rose to 7.5% and Moody’s cut Germany’s outlook to ‘negative’ after the markets closed last night…
Apple (NASDAQ: AAPL) will shrink the connector for the iPhone 5. (Reuters) Greece presses for billions of euros in budget cuts before aid payments. (WSJ) Eastman Kodak loses several patent disputes, which…
The three major US stock indexes opened modestly lower this morning as there was little news out of Europe and Asian markets closed mixed. Traders were waiting to hear more from Fed…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Wednesday. American Tower Corp. (NYSE: AMT): Cut to Neutral at Citigroup. Caterpillar Inc.…
Caterpillar Inc. (NYSE: CAT) has just done exactly what we expected with a dividend hike. We recently highlighted that it was one of only a few remaining DJIA stocks which will hike…
Jon C. Ogg The three major US stock indexes opened lower this morning, but only the DJIA remained negative until the afternoon. Economic news from Europe was mixed ahead of a G7 meeting related to…
Westport Innovations Inc. (NASDAQ: WPRT) is going to be a winner from the move that would generally be considered a goal of the Pickens Plan for an energy policy. The maker and…
Jon C. Ogg Annual meetings of Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) will include questions about fracking. (Reuters) Ford (NYSE: F) will begin to buy out some of its pension funds. (Reuters) JP…
The appointment of former politicians to large public companies’ boards is regularly called into question. Just recently, following the scandal at Chesapeake Energy (NYSE: CHK) when CEO Aubrey McClendon made investments in…
Joy Global, Inc. (NYSE: JOY) is getting slapped very hard today on two different analyst calls. The drop is enough that you might think that Joy suffered from an earnings report that…
Jon C. Ogg Summer can often be an interesting time in the markets and so far the “Sell in May and go away!” them has worked. What has also taken place is that many of…
Until now, the evidence that manufacturing is moving back to the US from offshore — a process sometimes called ‘re-shoring’ — has been largely anecdotal. Manufacturing jobs have been growing according to…
Deere & Co. (NYSE: DE) reported fiscal second-quarter results this morning that topped estimates by a solid margin. The farm and construction equipment maker posted EPS of $2.61 on revenue of $10…
