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    69.87

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  1. April 22, 2016

    Caterpillar says business in Brazil has ‘basically tanked’

    Caterpillar on Friday said its business in Brazil had “basically tanked” as the country suffers from intensifying...

  2. April 12, 2016

    Corporate winners and losers amid the oil price crash

    Oil price crashes have profound consequences. The fall in crude after the 1997 Asian financial crisis ushered in...

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  1. March 29, 2016

    Construction machinery sales upswing likely after long downturn

    Global sales of construction equipment such as bulldozers, diggers and dump trucks are expected to expand in 2017 after...

  2. March 8, 2016

    Trump hits list of corporate targets on campaign trail

    Donald Trump used to love Apple products, Oreo cookies and Carrier air-conditioners. But as the New York property...

  3. January 28, 2016

    Caterpillar warns of another difficult year

    Caterpillar, the US heavy machinery maker, warned of another difficult year ahead as it reported a fourth-quarter loss....

  4. January 25, 2016

    Whole Foods downgraded on sales concerns

    Whole Foods was among the biggest decliners on the S&P 500 after analysts at BMO downgraded the upscale grocer chain,...

  5. January 23, 2016

    Oil rally drives strong rebound in US stocks

    US stocks rebounded on Friday to deliver their first weekly gain in 2016, providing welcome relief to investors after a...

  6. December 15, 2015

    US industrial heartland frets as Fed rate rise looms

    If the Federal Reserve proceeds as expected and raises US interest rates for the first time in almost a decade on...

  7. November 15, 2015

    Caterpillar warns lower Chinese demand will limit sales

    Caterpillar, the world’s largest mining and construction equipment manufacturer by sales, has warned that it does not...

  8. October 22, 2015

    American Express hit by dollar strength

    American Express shares slid 5.3 per cent after it saw third-quarter earnings hit by a stronger US dollar. It said net...

  9. September 24, 2015

    Caterpillar hammers US machinery sector

    A bleak outlook from mining and construction equipment maker Caterpillar weighed on the S&P 500’s machinery sector,...

  10. September 24, 2015

    Caterpillar sends warning on global demand

    Caterpillar has sent a sharp warning on the outlook for global industrial demand as the bellwether for economies from...

  11. September 4, 2015

    Caterpillar reverses on commodity worries

    Caterpillar shares slid on Friday after analysts at Baird grew gloomier on the company’s outlook as commodities remain...

  12. July 30, 2015

    Corporate giants sound profits alarm over China slowdown

    Some of the world’s largest companies have sounded the alarm about the slowdown in the Chinese economy, warning that...

  13. July 23, 2015

    Caterpillar cuts forecast on gloomy global outlook

    Caterpillar cut its full-year forecast as the strong US dollar compounded continuing weakness in China and Brazil,...

  14. April 26, 2015

    Apple set to be latest to suffer dollar impact

    A surge in the US dollar has already wiped more than $20bn from first quarter sales at the largest US companies, a sum...

  15. April 23, 2015

    US growth helps Caterpillar beat results forecasts

    Resurgent demand for mining and construction equipment in North America has offset sales slumps in China and Latin...

  16. January 27, 2015

    Oil price fall cuts Caterpillar outlook

    The steep drop in oil prices will help cut Caterpillar’s earnings by more than 20 per cent this year, the world’s...

  17. January 5, 2015

    Caterpillar falls on downgrade due to oil and gas exposure

    Caterpillar was among the worst-performing stocks on the US benchmark on Monday, after JPMorgan analysts downgraded the...

  18. October 23, 2014

    Yelp drops on lower sales forecast

    Investors punished Yelp after the online consumer review site projected fourth-quarter sales below forecasts and...

  19. October 23, 2014

    Caterpillar upbeat on global growth prospects

    Caterpillar said there was “a reasonable likelihood” that global growth could improve next year, as the world’s largest...

  20. September 7, 2014

    Few US ‘reshorings’ go ahead, study finds

    “Relatively few” of companies’ announced “reshorings” of manufacturing to the US have actually gone ahead and the...

  21. July 24, 2014

    Caterpillar’s shares underline problems of economic forecasting

    Selling picks and shovels in a gold rush made Samuel Brannan California’s first millionaire in 1849. Brannan wasted his...

  22. July 24, 2014

    Builders slide as profits and home sales dip

    US homebuilders slumped on Thursday as two of the sector’s largest companies reported second-quarter profits shy of...

  23. July 24, 2014

    Cost-cutting Caterpillar raises forecast

    Caterpillar, the world’s largest maker of heavy machinery, has urged the US to enact tax reform as it continues to cut...

  24. July 8, 2014

    S&P warns of ExIm Bank risk for Boeing

    Dissolution of the US’s Export-Import Bank could have a “significant” long-term impact on Boeing, the commercial...

  25. April 24, 2014

    Caterpillar lifted by construction rebound

    Caterpillar, the world’s largest maker of heavy machinery, raised its 2014 earnings forecast as a more sustained...

  26. April 1, 2014

    Caterpillar probe shifts focus to US tax code

    US Republicans used an investigation into Caterpillar’s tax strategy on Tuesday to highlight problems with US corporate...

  27. March 31, 2014

    Caterpillar accused of ‘shifting’ profits

    Caterpillar, the world’s largest maker of heavy machinery, used a Swiss affiliate to shift 85 per cent of its parts...

  28. March 30, 2014

    Caterpillar faces US grilling over tax

    Caterpillar executives are in line to be grilled this week by the senate committee that has taken Apple, Microsoft and...

  29. March 21, 2014

    Caterpillar faces US Senate tax inquiry

    Caterpillar, the world’s largest maker of heavy machinery, has become the subject of a US Senate inquiry into...

  30. January 27, 2014

    Caterpillar: digging deep after poor year

    Caterpillar chief executive Doug Oberhelman kindly recognised the efforts of his employees in Monday’s fourth-quarter...

  31. January 27, 2014

    Caterpillar attacks ECB for being too cautious

    Caterpillar, the world’s largest maker of heavy machinery, has attacked the European Central Bank for cautious policies...

  32. January 6, 2014

    French Goodyear plant executives taken hostage amid dispute

    Trade union members at a Goodyear tyre plant in northern France have taken two of their managers hostage in a...

  33. December 19, 2013

    US mining equipment makers set for $500m in fresh sales

    Caterpillar said US mining equipment manufacturers are set for more than $500m in fresh sales after the approval of...

  34. December 8, 2013

    Business salutes trade deal as WTO ‘delivers’

    Business leaders have welcomed the first global trade deal in the WTO’s 18-year history as a boost to the bottom line...

  35. October 25, 2013

    Tale of two updates reveals state of mining sector

    They were two very different updates – one bearish, one bullish. But this week’s trading statements from BHP Billiton...

  36. October 23, 2013

    Caterpillar slashes forecasts on mining slump

    Caterpillar, the world’s largest heavy machinery maker, has slashed full-year forecasts after enacting “general...

  37. October 1, 2013

    US defence stocks shake off shutdown

    US defence and aerospace contractors moved mostly higher to recover some recent losses as investors greeted the first...

  38. September 29, 2013

    US mining equipment makers clash with miners over financing plan

    Caterpillar has said the US mining equipment industry faces over $500m in potential lost sales if US miners succeed in...

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