Caterpillar Inc. (NYSE: CAT) this morning reported record third-quarter results that included a pretax gain of $273 million. The Peoria, Ill.-based heavy equipment manufacturer posted adjusted earnings per share (EPS) of $2.54…
Trey Thoelcke The three major U.S. stock indexes opened lower this morning, but the blame goes to some poor earnings report from U.S. firms rather than to international news. European markets were down slightly…
Workers at a manufacturing facility of China’s Foxconn “struck” the company twice over the weekend, or once, or not at all, depending on the source of the information. Most likely, two labor disruptions occurred. The…
The three major U.S. stock indexes opened lower this morning following a weaker-than-expected report on U.S. personal income and inline personal consumption spending (more coverage here). U.S. markets followed Europe, where today’s…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday. ADTRAN Inc. (NASDAQ: ADTN) cut to Underperform at BofA/ML. AGCO Corp. (NYSE: AGCO) named…
The Business Roundtable’s CEO Economic Outlook Survey for the third quarter of 2012 is out, and the word to describe the report would be cautious. The report shows that CEOs are again…
The three major U.S. stock indexes opened higher this morning but were unable to hold gains into the afternoon. In Europe this morning, a Spanish bond auction widened the spread between German…
Google Inc. (NASDAQ: GOOG) begins to sell its Nexus 7 tablet in Japan, which puts it into competition with Sony Corp. (NYSE: SNE). (Reuters) Google’s shares trade at a record high. (Reuters)…
Caterpillar Inc. (NYSE: CAT) has now updated analysts as Chairman & CEO Doug Oberhelman and members of the executive team provided a long-term update for the company’s strategy and expectations for 2015. The…
Jon C. Ogg Farm equipment and machinery retailer Titan Machinery Inc. (NASDAQ: TITN) this morning reported second-quarter earnings per share (EPS) of $0.25 on revenue of $410 million before markets opened. In the same period…
We noted earlier this morning that China’s National Development and Reform Commission has approved a plan to spend RMB1 trillion (about $158 billion) on infrastructure projects in an effort to boost growth…
The end of summer stock market run-up pushed the S&P 500 index above 1,400, a 12% gain year-to-date. But are businesses better off in 2012 than in 2011? To find out, 24/7…
Slowing global economic growth is cutting into sales of heavy construction and farming equipment in what were the world’s fastest growing markets: China and India. The impact on U.S. makers like Caterpillar…
Workers in the aerospace industry are concerned about potential military cuts at the end of this year. (Reuters) Best Buy Co. Inc. (NYSE: BBY) says that founder Richard Schulze turned down an…
Standard Chartered continues to seek an agreement with the U.S. government to settle money laundering charges. (Reuters) The new Samsung tablet has a unique split screen technology. (Reuters) A judge presses for…
