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Zacks News
Caterpillar, known for its iconic yellow machines, is the largest global manufacturer of construction and mining equipment. Given that it serves a gamut of sectors - infrastructure, construction, mining, oil & gas and transportation, the company is considered a bellwether of the global economy. Since 1925, Caterpillar’s product portfolio has evolved and currently boasts 20 brands and generated revenues of $53.8 billion in 2019. It has more than 4 million of products with an extensive dealer network of 165 dealers spanning 191 countries. Caterpillar started using telematics in the 1990’s and reached its target of 1 million connected assets in 2019. The combination of innovation, cutting-edge technology, coupled with the formidable reputation, sets Caterpillar apart from its peers
Caterpillar (CAT) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Caterpillar (CAT) closed at $125.03 in the latest trading session, marking a -1.86% move from the prior day.
O-I Glass Withdraws '20 Guidance on Coronavirus Concerns
by Zacks Equity Research
O-I Glass (OI) expects first-quarter earnings to come in at the lower-end of previously reported guidance range. However, it revokes full-year guidance.
Rockwell Automation to Cut Costs to Fight Coronavirus Woes
by Zacks Equity Research
Rockwell Automation (ROK) announces plans to cut costs to mitigate the impact of weak demand thanks to the coronavirus outbreak.
Company News for Apr 9, 2020
by Zacks Equity Research
Companies In The News Are: CAT, MRO, GM, RPM.
Lincoln Electric Rides on Cost Control Despite Weak Demand
by Zacks Equity Research
Lincoln Electric's (LECO) cost management actions, which include lower work hours, less overtime, suspension of new hiring and cutting down discretionary spending, will help sustain margins.
Caterpillar (CAT) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
In the latest trading session, Caterpillar (CAT) closed at $114.68, marking a -1.76% move from the previous day.
Industrial Stocks Withdrawing Guidance on Coronavirus Fears
by Madhurima Das
Industrial stocks are withdrawing guidances for 2020 amid the coronavirus-induced uncertainty as they cannot reasonably estimate its impact on their financial and operational results at this time.
Manitowoc (MTW) Withdraws Guidance on Coronavirus Concerns
by Zacks Equity Research
The impacts of the coronavirus outbreak on demand for Manitowoc's (MTW) products and services, and supply chain will likely get reflected in this year's results.
New Strong Sell Stocks for March 30th
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today
Caterpillar (CAT) Withdraws Guidance on Coronavirus Concerns
by Zacks Equity Research
Caterpillar (CAT) withdraws fiscal 2020 guidance as the uncertainty of the impact of the coronavirus outbreak on its results cannot be reasonably estimated at this time.
The Zacks Analyst Blog Highlights: UnitedHealth, Sanofi, United Parcel Service, Caterpillar and Activision Blizzard
by Zacks Equity Research
The Zacks Analyst Blog Highlights: UnitedHealth, Sanofi, United Parcel Service, Caterpillar and Activision Blizzard
Caterpillar (CAT) Stock Moves -0.08%: What You Should Know
by Zacks Equity Research
Caterpillar (CAT) closed at $100.12 in the latest trading session, marking a -0.08% move from the prior day.
Top Stock Reports for UnitedHealth, Sanofi & United Parcel
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including UnitedHealth Group (UNH), Sanofi (SNY) and United Parcel Service (UPS).
3 Cloud Stocks to Buy after Dow Falls 13% on Growing Coronavirus Fears
by Benjamin Rains
The Dow closed at its lowest level since May 2017. With this in mind, some investors might want to start buying stocks, or at least adding some to their watchlists. Today, we found 3 cloud computing stocks that investors might want to consider...
Manitowoc Bets on Cost Control & Innovation Amid Weak Demand
by Zacks Equity Research
Focus on cost controls, increasing productivity and pricing actions are likely to drive the margins for Manitowoc (MTW).
3 Cloud Stocks to Buy after Dow Falls 13% on Growing Coronavirus Fears
by Benjamin Rains
The Dow closed at its lowest level since May 2017. With this in mind, some investors might want to start buying stocks, or at least adding some to their watchlists. Today, we found 3 cloud computing stocks that investors might want to consider...
Caterpillar Hurt by Coronavirus, Weak Oil: Bet on These 5 Stocks
by Madhurima Das
With Caterpillar's (CAT) retail sales growth in the red for three consecutive months, we suggest five industrial stocks with positive growth projections that investors can take a look at.
Lincoln Electric Bets on Cost Management Amid Weak Demand
by Zacks Equity Research
Lincoln Electric's (LECO) cost management actions, focus on innovative products and acquisitions to drive growth despite weak end markets.
Caterpillar (CAT) Stock Moves -0.46%: What You Should Know
by Zacks Equity Research
In the latest trading session, Caterpillar (CAT) closed at $121.41, marking a -0.46% move from the previous day.
Caterpillar (CAT) Down 8.2% Since Last Earnings Report: Can It Rebound?
by Zacks Equity Research
Caterpillar (CAT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Caterpillar (CAT) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Caterpillar (CAT) closed the most recent trading day at $124.24, moving +0.79% from the previous trading session.
Forget Caterpillar, Buy These 5 Industrial Stocks Instead
by Madhurima Das
While the near-term prospects for Caterpillar (CAT) look bleak at the moment, we suggest five industrial stocks that are poised better with positive growth projections and estimate revision activity.
Buy Up and Down Deere (DE) Stock Ahead of Q1 2020 Earnings?
by Benjamin Rains
Deere & Company (DE) is set to report its first quarter fiscal 2020 financial results before the market opens on Friday, February 21. Is now the time to buy the up and down farm equipment stock?
Caterpillar Global Retail Sales Dip for Two Months in a Row
by Zacks Equity Research
Caterpillar's (CAT) global retail sales declined 7% in January and 5% in December putting an end to its stint of 33 consecutive months of sales growth.
Stock Market News for Feb 10, 2020
by Zacks Equity Research
Concerns about widespread impact of coronavirus on Chinese and global economy overshadowed stronger-than-expected U.S. jobs report, dragging benchmarks into negative territory on Friday.