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.
Fourth-quarter and full-year sales were down 15 percent and 22 percent, respectively.
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Caterpillar Inc. will close two facilities in Texas and Panama and is considering shutting its engine manufacturing plant in Illinois as part of a strategy to boost profitability and better handle business cycles, according to Reuters.
Caterpillar Inc. reported sharply higher fourth-quarter 2017 revenue and adjusted profit per share.
Caterpillar Inc. reported sales and revenue of $11.4 billion in the third quarter — nearly a 24 percent increase from $9.2 billion in the same period last year.
Caterpillar Inc. said today that group president and CFO Brad Halverson will retire in early 2018.
Caterpillar Inc. had sales and revenues of $11.3 billion in the second quarter.
Caterpillar Inc. raised its annual expectations after announcing first-quarter sales and revenues of $9.8 billion.
Federal officials seized documents and electronic records Thursday from three Caterpillar Inc. facilities.
Caterpillar said Tuesday that it is scrapping plans to build a new office complex in central Illinois.
Caterpillar Inc. today lowered its 2016 outlook in a “challenged environment,” with third-quarter sales and revenue dropping 16 percent.
Caterpillar Inc. said today that chairman and CEO Doug Oberhelman will retire at the end of next March.
Caterpillar Inc. today announced second-quarter results that were better than the company and analysts expected.
Goldman Sachs upgraded its rating for Caterpillar Inc. from “sell” to “neutral.”
Caterpillar Inc. today said it had fourth-quarter sales and revenue of $11 billion, down from $14.2 billion in the 2014 quarter.
Caterpillar lowered its full-year outlook in its third-quarter earnings report today.
Caterpillar Inc. today announced a second-quarter profit of $710 million.
Caterpillar Inc. today reported a first-quarter profit of $1.1 billion, or $1.81 a share.