3:56am ET
Economy
Dow 14,000
The media made a big deal of the fact that the DJIA rose above 9,000 for the first time in nearly eight months. The index was under 6,550 in early March, do…
CAT Coverage Page 73
10:33am ET
Investing
At Least The Chinese Stimulus Works For The American Economy
Economists debate the impact of the U.S. economic stimulus plan, and if a second round of stimulus is needed. But there’s no doubt that China’s plan is working for us. In the…
3:50am ET
Investing
Apple (APPL) And Caterpillar (CAT): Someone, Somewhere, Somehow, Is Spending Money
Apple’s beat Wall St. consensus figures by posting earnings per share of $1.35 compared to Wall St. expectations of $1.17. The company also produced revenue of $8.33 billion, up 12% from last…
6:27am ET
Investing
DJIA Component Earnings Trifecta (DD, MRK, UTX)
So far we have three DJIA components with earnings out. DuPont (NYSE: DD), Merck & Co. (NYSE: MRK), United Technologies (NYSE: UTX) have all posted earnings. So far there are no train…
11:39am ET
Investing
Earnings Previews for 11 of 30 DJIA Components This Week (CAT, DD, MRK, KO, PFE, BA, MMM, AXP, T, MCD, MSFT, MO)
This week will mark the first crest of earnings season as we have 11 of the 30 DJIA components reporting earnings this week alone. On Tuesday, we have earnings from Caterpillar Inc.…
3:38am ET
Investing
Shorts Flee Financials, Attack Industrials And Tech
Short sellers jumped out of major financial shares but piled into the stocks for major industrial firms based on data as of June 15. Shorts clearly think the restructuring of the bank…
11:08am ET
Investing
Unusual Dividend Tracking (CAT, CLX, MSFT, TGT, TSCM, VMC, ACAS, IAF)
Dividends in general are used as the historic underlying measurement of companies and their abilities to stay profitable at current levels. Today and last night we have seen some rather unusual dividend…
6:35am ET
Investing
Top Analyst Upgrades & Downgrades (ADSK, AVY, CAT, DFS, FEIC, BEN, JWN, PMTC, SLB, VECO)
These are some of the top pre-market analyst calls with upgrades and downgrades from Wall Street firms this Thursday morning with more than two hours until the market opens: AutoDesk (ADSK) Started…
6:51am ET
Investing
Top Analyst Upgrades (ANDE, CAT, CELG, CLX, DNDN)
It is actually looking pretty thin out there in the land of analyst upgrades. These are the few upgrades and positive research calls we have seen from Wall Street this Wednesday morning…
2:41am ET
Media
Media Digest 4/22/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Yahoo!’s (YHOO) profit dropped 80% and it will cut 5% of staff. Reuters reports that Chrysler bondholders offered to swap some debt for equity. Reuters reports that Geithner says…
8:52am ET
Industrials
The Silver Lining of Lower DJIA Earnings (CAT, KO, DD, IBM, MRK, UTX)
There have been some pretty poor reports on earnings from DJIA components such as Caterpillar Inc. (NYSE: CAT), The Coca-Cola Company (NYSE: KO), EI DuPont de Nemours & Co. (NYSE: DD), International…
6:45am ET
Investing
Caterpillar (CAT): No One Wants Big Machines
Caterpillar’s (CAT) first quarter results are a pretty good sign that no one wants big earth movers or machines that can move a small city from one state to another overnight. Revenue…
Douglas A. McIntyre 5:08am ET
Economy
Ten Large American Companies That Won’t Cut Jobs
Layoffs at big companies are so common now that it is novel when a day goes by without Microsoft (MSFT), Caterpillar (CAT), or Macy’s (MC) letting thousands of people go. There are…
10:09am ET
Infrastructure
Caterpillar Sales Data Look Like Crater-Pillar (CAT)
Caterpillar Inc. (NYSE: CAT) reported some absolutely atrocious numbers for its January orders on deliveries for its machinery and engines lines of business. This equipment is mostly sold through independent dealers and…
Douglas A. McIntyre 8:48am ET
Investing
Bill Gates Top Holdings (ABT, AN, BRK-A, BP, CNI, CAT, KO, COST, CCI, EK, XOM, FMX, JNJ, MCD, OTTR, RSG, SGP, WMT, WMI)
We compiled a list of the equity holdings of the Bill & Melinda Gates Foundation and for Bill Gates’ personal investment vehicle Cascade Investment. These are as of December 31, 2008 and…