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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Caterpillar

Caterpillar stories: 18 news summaries
MARKETS

 Dow Climbs 96 to New 2009 High 

Expectations for Caterpillar, AmEx earnings boost Dow

Oct 19, 09 3:19 PM CDT
(Newser) - Stocks rallied today on expectations for this week’s earnings reports, with the Dow rising 96.28 points to hit a new 2009 high of 10,092.19. Caterpillar, which reports tomorrow, gained 6.5% after saying it would raise prices. American Express, which reports Thursday, gained 2.6%. Traders... More »

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Dow Jones • Apple • American Express • Nasdaq • Caterpillar • third quarter earnings • quarterly reports • quarterly results • S&P 500

 Tech Falls, But Dow Up 68 

Market extends winning streak into 7th day

Jul 21, 09 3:11 PM CDT
(Newser) - Stocks closed with modest gains today as the tech and financial sectors, drivers of the recent rally, lost some steam, the Wall Street Journal reports. Nonetheless, the Dow was boosted by a 7.7% rise by Caterpillar, which reported a smaller-than-expected profit decline and raised its full-year earnings forecast. Apple... More »

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Yahoo • Dow Jones • Apple • Nasdaq • Caterpillar • S&P 500

MARKETS

 Manufacturing Stats 
 Send Dow Down 187 

Manufacturing, housing demand reports disappoint

Jun 15, 09 3:18 PM CDT
(Newser) - Stocks fell today as a sharp monthly decline in the New York Fed’s manufacturing index hammered the materials, industrial, and energy sectors, the Wall Street Journal reports. Alcoa fell 6.3%, with Caterpillar, John Deere, and GE also down. In housing, the National Association of Home Builders’ index of... More »

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Dow Jones • Alcoa • General Electric • Nasdaq • Caterpillar • Deere and Co • S&P 500 • National Association of Home Builders • industrial • John Deere

Market Open

 Stocks, Oil Jump Together 


Jun 10, 09 8:49 AM CDT
(Newser) - Stocks jumped at the open today, with the Dow up 61 points, the Nasdaq adding 0.5%, and the S&P gaining 0.7%, powered by strong moves in its energy and basic materials sectors. That was due in part to the surge in fuel prices, with oil clearing $71... More »

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stock market • Exxon • Chevron • Dow Jones • ExxonMobil • Nasdaq • Caterpillar • commodities • S&P 500 • Exxon Mobil • oil prices

MARKET Open

 Earnings Send Stocks South 


Apr 21, 09 8:40 AM CDT
(Newser) - Stocks slid at the open this morning, after a rash of less-than-inspiring earnings reports from major companies. The Dow was down 30 points, as components Coca-Cola, Caterpillar, Dupont, and Merck all posted lousy first quarters. Caterpillar swung to a loss and slashed guidance, sending shares down 5%, while Dupont fell... More »

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stock market • NASDAQ • Merck • Dow Jones • Caterpillar • S&P 500 • Coca-Cola

MARKETS

 Worries Prevail, Dow Falls 42 

Industrial, financial stocks pace declines

Apr 6, 09 3:27 PM CDT
(Newser) - Stocks fell today, ending a 4-day winning streak for the Dow as worries about grim first-quarter earnings reports spooked investors, the Wall Street Journal reports. Alcoa, which will give its report tomorrow, fell 4.3%, as did Caterpillar, off 3.5%. The Dow fell 41.74 to close at 7,... More »

MORE ABOUT:
Dow Jones • Alcoa • earnings reports • Nasdaq • Caterpillar • S&P 500

MARKETS

 Dow Drops 300 to 
 Lowest Close Since '97 

Index makes a beeline for 6,000

Mar 2, 09 3:18 PM CST
(Newser) - Investors sold stock in droves today amid continued financial-sector woes and a poor report on manufacturing, the Wall Street Journal reports. Financials sank, and the manufacturing woes sent General Electric, Boeing, Caterpillar and 3M into downward spirals. The Dow fell 299.64 to close at 6,763.29. The Nasdaq... More »

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Boeing • Dow Jones • General Electric • Nasdaq • Caterpillar • S&P 500 • ISM Factory Index

Caterpillar Boss Contradicts Obama on Jobs

Even more layoffs will be needed before stimulus works: CEO

Feb 13, 09 1:53 AM CST
(Newser) - Caterpillar's CEO said the stimulus package would let the company start rehiring laid-off workers, according to President Obama—but he was swiftly contradicted by the boss himself, ABC News reports. CEO James Owens said that even with the stimulus package, the massive scale of the downturn would require the firm... More »

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layoffs • unemployment • Caterpillar • Peoria, Illinois • economic stimulus package • Obama administration • President Obama

 Big Biz Slams 
 'Buy American' 
 Stimulus Clause 

Exporters warn of foreign backlash if package erects free-trade barriers

Jan 29, 09 8:00 AM CST
(Newser) - American exporters are fighting to ditch "Buy American" provisions from the economic stimulus package, the Washington Post reports. The House version bars most foreign iron and steel from stimulus projects, while a Senate version calls for only American-made equipment and goods to be used in nearly all projects to... More »

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General Electric • iron • Caterpillar • US economy • steel • free trade • protectionism • US exports • economic stimulus package

MARKET open

 Stocks Shrug Off Job Losses 

Pfizer deal drives gains

Jan 26, 09 8:58 AM CST
(Newser) - Pfizer’s massive deal to buy Wyeth helped investors shrug off the bloodbath at Caterpillar, Home Depot and Sprint-Nextel this morning, sending indexes slightly higher at the open. The Dow rose 55 points, while the S&P and Nasdaq rose 11 and 18 points respectively. Caterpillar fell 10% pre-market after... More »

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stock market • McDonald's • Pfizer • earnings reports • Nasdaq • Caterpillar • Dow • Wyeth • S&P 500

 Caterpillar to Slash 20K Jobs 

Don't they know Obama wants to heap money on infrastructure?

Jan 26, 09 7:50 AM CST
(Newser) - Caterpillar Inc will cut 20,000 jobs—or 18% of its workforce—after posting a 32% drop in fourth-quarter income, the Wall Street Journal reports. “We were whipsawed in the fourth quarter,” said CEO Jim Owens. “Key industries were hit by a rapidly deteriorating global economy.”... More »

MORE ABOUT:
layoffs • construction • earnings reports • unemployment • Caterpillar • corporate earnings • infrastructure • job cuts • financial crisis

MARKETS

 Late Reversal Leads to Gains 

Off big early on Lehman, worries, Dow finishes session up 164.79

Sep 11, 08 3:39 PM CDT
(Newser) - The markets saw gains late in the day today despite large losses in the financial sector, MarketWatch reports. Lehman Brothers fell another 41.9% as traders deemed its survival plan ineffective. But falling oil boosted industrial and transport shares, and the Dow closed up 164.79 at 11,43371. The... More »

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Dow Jones • General Motors • Lehman Brothers • Nasdaq • Caterpillar • AIG • Washington Mutual • S&P 500 • oil prices

MARKETS

 Industrial Firms Lead Recovery 


Sep 10, 08 3:42 PM CDT
(Newser) - Stocks rebounded from yesterday's miserable day to close with mild gains, MarketWatch reports. Energy and industrial firms did well after yesterday's huge sell-off, but concerns about Lehman Brothers continued to weigh on the financial sector. The Dow closed up 38.19 points at 11,268.92, the Nasdaq rose 18.... More »

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Chevron • Dow Jones • General Motors • Nasdaq • Caterpillar • commodities • S&P 500 • oil prices

MARKETS

 Stocks Rise as Oil Drops 

Price of barrel drops to $126, a 7-week low

Jul 22, 08 3:22 PM CDT
(Newser) - Stocks climbed to robust gains by the end of today’s session as a drop in oil helped offset a spread of mixed earning reports, MarketWatch reports. The Dow gained 135.16 points to close at 11,602.50, the Nasdaq rose 24.43 to 2,303.9, and the... More »

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oil • Dow Jones • Wachovia • earnings reports • American Express • Nasdaq • Caterpillar • DuPont • S&P 500

MARKETS

 Strong Earnings Propel Rally 

Nasdaq up almost 5%, Dow and S&P jump 4% for the week

Apr 18, 08 3:22 PM CDT
(Newser) - Stocks rallied to weekly gains today as the markets absorbed last night's strong earnings report from Google and industrial multinationals Caterpillar and Honeywell recorded unexpected first-quarter growth, Bloomberg reports. Google propelled the Nasdaq up 61.14 to close at 2,402.97. The Dow rose 228.87 to 12,849.... More »

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Google • Citigroup • Dow Jones • Nasdaq • Caterpillar • Honeywell • S&P 500 • first quarter earnings

MARKETS

Selloff Drives Dow Down 171

Two-day rally snaps on renewed jitters over mortgage crisis

Jan 25, 08 4:30 PM CST
(Newser) - A 2-day rally sputtered today as the Dow fell 171.44 to 12,207.17 on new jitters about a touchy market. Even strong quarterly reports from Microsoft, Caterpillar, and Honeywell couldn’t keep investors buying this morning; said one economist, “The market is still in a very fragile... More »

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Microsoft • Dow Jones • Nasdaq • Caterpillar • interest rate • Honeywell • S&P 500

Dow Dives 367 on 'Black Friday'

Oct 19, 07 3:49 PM CDT
(Newser) - Wall Street observed the 20th anniversary of Black Monday with an absolute bloodbath today as the Dow fell a whopping 366.94 points to close at 13,522.02. Wachovia, Caterpillar, and Honeywell led a host of disappointing earnings reports, driving every major index down over 2.5%. The S&... More »

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stock market • New York Stock Exchange • Dow Jones • Wachovia • Nasdaq • Caterpillar • mortgage backed securities • Black Monday • S&P 500

Market Backs Off Milestone

After flirtation with 14K, reality bites

Jul 20, 07 4:04 PM CDT
(Newser) - A week of record highs ended with a thump today as the major markets plummeted after a flurry of disappointing quarterly earnings reports. The Dow, which crested 14,000 yesterday, dropped 149.33 to close at 13,851.08, off more than 1%. The S&P 500, beset by worries... More »

MORE ABOUT:
Google • Citigroup • Dow Jones • Nasdaq • Caterpillar • S&P 500

18 Stories


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