Caterpillar Inc. today reported a first-quarter profit of $1.1 billion, or $1.81 a share, up from $922 million, or $1.44 a share, in the same quarter last year.
Caterpillar Inc., based in Peoria, Ill., is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.
Caterpillar Inc. today announced fourth-quarter 2014 sales and revenue of $14.2 billion, down slightly from $14.4 billion in the fourth quarter of 2013.
Caterpillar Inc. will release its full-year and fourth-quarter 2014 financial results at 7:30 a.m. (EST) on Jan. 27.
Caterpillar was among the worst-performing stocks Monday on the benchmark Dow Jones Industrial Average, falling 5 percent after JPMorgan analysts downgraded the equipment maker, citing the effects of falling oil prices.
Caterpillar Inc. today reported higher third-quarter revenue and profits and provided an optimistic outlook for full-year results.
Caterpillar Inc. today announced it entered into definitive agreements with Société Générale to purchase a total of $2.5 billion of its common stock under accelerated stock repurchase transactions.
Caterpillar Inc. today reported a 4 percent second-quarter increase in profits despite lower sales and revenue.
Caterpillar Inc. reported a first-quarter profit of $922 million, or $1.44 a share, an increase from $880 million, or $1.31 a share, in the first quarter of 2013.
A new report from U.S. Sen. Carl Levin, chairman of the Senate Permanent Subcommittee on Investigation, says Caterpillar Inc. avoided paying $2.4 billion in taxes by shifting billions of dollars in profits to a wholly owned Swiss affiliate.
Caterpillar Inc. reported that fourth-quarter sales and revenues were down 10 percent from 2012, but that profit-per-share beat expectations by rising from $1.04 in the fourth quarter of 2012 to $1.54 in 2013, largely because of the company’s machinery and power systems segment.