Caterpillar, 3M, Dow Sales Hit By Weak Global Growth
at Investor's Business Daily - 37 mins ago
Citing "severe weakness" in mining, lower oil prices and sluggish sales in China and Brazil, Caterpillar (CAT) reported subpar revenue in the second quarter -- a fate that also befell 3M (MMM) and Dow Chemical (DOW) as they reported Q2 earnings on...
MMM: 149.50 (-5.91), CAT: 76.88 (-2.88), DOW: 47.76 (-2.24)
Stocks Fall For Third Day, But Valeant Tops Buy Point
at Investor's Business Daily - 1 hr 59 mins ago
Stocks fell for a third straight session Thursday on disappointing earnings from economic bellwethers 3M (MMM) and Caterpillar (CAT). The Dow Jones industrial average fell 0.7%, the S&P 500 lost 0.6% and the Nasdaq slid 0.5%. Volume was mixed, rising...
MMM: 149.50 (-5.91), VRX: 253.84 (+14.92), AFOP: 21.73 (+2.90), FCX: 13.64 (-1.42), CAT: 76.88 (-2.88), INFN: 23.15 (+1.86)
Dow Sheds Yearly Gains as AmEx, Caterpillar Slide
at The Street - 2 hrs 39 mins ago
The Dow Jones Industrial Average says goodbye to hard-earned yearly gains on Thursday as major components American Express and Caterpillar sell off.
XLB: 46.09 (-0.68), AXP: 77.01 (-1.98), LLY: 86.76 (+0.38), UA: 95.93 (+6.56), BHP: 36.92 (-0.78), VALE: 5.28 (-0.11), QCOM: 61.78 (-2.41), GM: 31.50 (+1.20), MCD: 97.09 (-0.49), CAT: 76.88 (-2.88), RIO: 38.53 (-0.50), CMCSA: 62.47 (-2.03), SNDK: 63.70 (+9.52)
Caterpillar (CAT) Earnings Report: Q2 2015 Conference Call Transcript
at The Street - 2 hrs 47 mins ago
The following Caterpillar (CAT) conference call took place on July 23, 2015, 11:00 AM ET. This is a transcript of that earnings call:
CAT: 76.88 (-2.88)
Jim Cramer: Don’t Sell Caterpillar; Citi an ‘Absolute Buy’
at The Street - Thu Jul 23, 2:32PM CDT
Jim Cramer delves into the financial health of Caterpillar and how Citigroup is another stock on his radar that is a terrific buy.
BOX: 16.38 (-0.25), LNKD: 224.10 (-0.70), IBM: 161.73 (+1.38), C: 59.87 (-0.47), GM: 31.50 (+1.20), FCAU: 15.54 (+0.03), CAT: 76.88 (-2.88), TWTR: 36.19 (+0.10), SLB: 86.02 (+0.76), CLB: 108.49 (+8.48)
Dow Turns Negative for 2015 as Losses Accelerate
at The Street - Thu Jul 23, 2:10PM CDT
Stocks are lower on Thursday afternoon as crude oil extends recent lows.
XLB: 46.09 (-0.68), AXP: 77.01 (-1.98), BAC: 18.18 (-0.27), LLY: 86.76 (+0.38), UA: 95.93 (+6.56), IBM: 161.73 (+1.38), VALE: 5.28 (-0.11), BHP: 36.92 (-0.78), QCOM: 61.78 (-2.41), XLK: 42.59 (-0.09), GM: 31.50 (+1.20), MCD: 97.09 (-0.49), CAT: 76.88 (-2.88), RIO: 38.53 (-0.50), MSFT: 46.11 (+0.57), AAPL: 125.16 (-0.06), CMCSA: 62.47 (-2.03), DOW: 47.76 (-2.24), BABA: 83.88 (-0.27)
Stocks On Pace For Third Loss; Amazon.com Earnings Loom
at Investor's Business Daily - Thu Jul 23, 1:59PM CDT
Stocks were lower late Thursday and on pace for a third straight loss. The Dow Jones industrial average fell 0.5%, hurt by a near 4% drop in Caterpillar (CAT). Meanwhile, the S&P 500 and the Nasdaq were off 0.4% and 0.3%, respectively. Turnover was...
AMBA: 122.99 (+0.49), AMZN: 482.18 (-6.09), SWKS: 103.12 (+3.48), CYBR: 61.72 (+4.22), OSTK: 22.74 (-0.24), MSCC: 32.72 (+1.05), ALK: 73.79 (-2.04), JNPR: 26.49 (+0.30), ATHN: 122.54 (+5.39), SBUX: 56.56 (-0.13), T: 33.93 (-0.34), ABC: 110.12 (-4.83), V: 71.75 (-0.22), SCSS: 25.56 (-3.03), BJRI: 49.80 (-0.55), CAT: 76.88 (-2.88), FSL: 38.28 (+1.04)
Caterpillar Sales Sag As Oil's Slump Weighs on Future Growth
Dan Caplinger, The Motley Fool - Motley Fool - Thu Jul 23, 11:21AM CDT
Image: Caterpillar. Cyclical businesses are vulnerable to downward pressure during tough times in the global economy, and Caterpillar has been one of the hardest-hit companies from the slowdown in China and other key regions around the world...
CAT: 76.88 (-2.88)
Stocks Mixed Near Midday; GoPro Aims Higher
at Investor's Business Daily - Thu Jul 23, 11:09AM CDT
Stocks were narrowly mixed near Thursday's halftime amid a swarm of earnings reports and some better-than-expected economic reports. The Nasdaq rose 0.2%, but it was up as much as 0.5% intraday. Chips, fiber optics and security software issues...
GPRO: 63.95 (+2.27), VRX: 253.84 (+14.92), CAT: 76.88 (-2.88), INFN: 23.15 (+1.86)
Caterpillar Q2 Earnings Beat but Fall Y/Y, Headwinds Ahead - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 23, 11:02AM CDT
Caterpillar Inc.'s (CAT) Q2 adjusted earnings of $1.27 per share beat the Zacks Consensus Estimate but declined 25% year over year.
ALLE: 61.08 (+0.01), LAKE: 10.69 (-0.11), CAT: 76.88 (-2.88), ASTE: 37.78 (-0.73)
Nasdaq Higher as Tech Stocks Rebound
at The Street - Thu Jul 23, 10:00AM CDT
The Nasdaq is the best performer as technology stocks rebound from Wednesday's selloff.
AXP: 77.01 (-1.98), BAC: 18.18 (-0.27), LLY: 86.76 (+0.38), CI: 154.36 (+3.29), UA: 95.93 (+6.56), ANTM: 155.21 (+0.11), IBM: 161.73 (+1.38), QCOM: 61.78 (-2.41), XLK: 42.59 (-0.09), MCD: 97.09 (-0.49), GM: 31.50 (+1.20), CAT: 76.88 (-2.88), MSFT: 46.11 (+0.57), AAPL: 125.16 (-0.06), CMCSA: 62.47 (-2.03), DOW: 47.76 (-2.24), BABA: 83.88 (-0.27)
Stocks Wobble In Soft Trade; Under Armour, Southwest Gap Up
at Investor's Business Daily - Thu Jul 23, 9:40AM CDT
Stocks struggled in and out of mixed territory in early trade Thursday as the market quaffed down a barrelful of significant earnings reports. The Nasdaq rose 0.3%. The S&P 500 clung to a fractional gain. The Dow Jones industrial average hung 0.1% in...
MMM: 149.50 (-5.91), AMZN: 482.18 (-6.09), MU: 18.70 (+0.70), VRX: 253.84 (+14.92), AXP: 77.01 (-1.98), SWKS: 103.12 (+3.48), CYBR: 61.72 (+4.22), NXPI: 93.00 (+2.72), ATHN: 122.54 (+5.39), LUV: 36.48 (+1.36), T: 33.93 (-0.34), UA: 95.93 (+6.56), V: 71.75 (-0.22), ARMH: 47.60 (+2.21), FFIV: 127.68 (+9.18), HAWK: 45.07 (-0.52), CAT: 76.88 (-2.88), FSL: 38.28 (+1.04), SNDK: 63.70 (+9.52)
Caterpillar 2Q results mixed; cuts 2015 revenue forecast
AP - Thu Jul 23, 9:34AM CDT
PEORIA, Ill. (AP) — Caterpillar's says it's looking to manage costs as ongoing economic weakness in countries like China and Brazil and soft commodity prices pressure sales. While second-quarter profit topped Wall Street expectations, revenue fell short and the construction equipment company cut its revenue forecast for the year.
CAT: 76.88 (-2.88)
Busiest Day of Q2 Earnings Season - Ahead of Wall Street
Sheraz Mian - Zacks Investment Research - Thu Jul 23, 9:27AM CDT
Earnings remain front and center on the busiest day of the Q2 reporting session thus far, with more than 50 S&P 500 index members reporting results.
GM: 31.50 (+1.20), MCD: 97.09 (-0.49), CAT: 76.88 (-2.88), CMCSA: 62.47 (-2.03), AAPL: 125.16 (-0.06)
Next Support Level for Caterpillar (CAT) is $78.04
Comtex SmarTrend(R) - Thu Jul 23, 9:04AM CDT
Caterpillar (NYSE:CAT) has opened bearishly below the pivot of $80.01 today and has reached the first level of support at $78.90. Investors may be interested in a cross of the next downside pivot targets of $78.04 and $76.07.
CAT: 76.88 (-2.88)
Stock Futures Up, But Volatile; SanDisk, Cirrus, Fortinet Soar
at Investor's Business Daily - Thu Jul 23, 8:17AM CDT
Stock futures were off to a neck-wrenching start Thursday, as earnings reports powered a volatile premarket session. Dow futures were up and down, showing a 4-point gain vs. fair market value 45 minutes before the start of regular trade. S&P 500...
AMZN: 482.18 (-6.09), VRX: 253.84 (+14.92), AXP: 77.01 (-1.98), RTN: 103.21 (+6.22), BMY: 68.24 (-1.13), QCOM: 61.78 (-2.41), PHM: 20.18 (+0.02), CRUS: 35.72 (+5.01), GM: 31.50 (+1.20), MCD: 97.09 (-0.49), CAT: 76.88 (-2.88), FTNT: 46.83 (+4.53), SNDK: 63.70 (+9.52)
Caterpillar (CAT) Beats on Earnings, Revenues Lag - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Jul 23, 7:57AM CDT
Caterpillar (CAT) Beats on Earnings, Revenues Lag
CAT: 76.88 (-2.88)
Stock Futures Are Mixed as Jobless Claims Drop to 42-Year Low
at The Street - Thu Jul 23, 7:42AM CDT
Stock futures are mixed on Thursday morning as investors digest a range of earnings from the tech sector to industrials.
AXP: 77.01 (-1.98), BAC: 18.18 (-0.27), LLY: 86.76 (+0.38), CI: 154.36 (+3.29), ANTM: 155.21 (+0.11), UA: 95.93 (+6.56), QCOM: 61.78 (-2.41), GM: 31.50 (+1.20), MCD: 97.09 (-0.49), CAT: 76.88 (-2.88), CMCSA: 62.47 (-2.03), DOW: 47.76 (-2.24)
Caterpillar (CAT) Stock Slipping Following Earnings Release, Lower Sales Outlook
at The Street - Thu Jul 23, 7:21AM CDT
Caterpillar (CAT) stock is declining after the company reported its second quarter earnings results this morning.
CAT: 76.88 (-2.88)
Cat Financial Announces Second-Quarter 2015 Results
PR Newswire - Thu Jul 23, 6:31AM CDT
Cat Financial reported second-quarter 2015 revenues of $683 million, a decrease of $45 million, or 6 percent, compared with the second quarter of 2014. Second-quarter 2015 profit after tax was $104 million, a $44 million, or 30 percent decrease from the second quarter of 2014.
CAT: 76.88 (-2.88)