One of the largest Canadian pensions made major changes in its U.S.-traded portfolio. Ontario Teachers’ Pension Plan sold all its Caterpillar stock (ticker: CAT), slashed a Microsoft (MSFT) investment...
Tag: Construction Machinery
A potential stock-market catastrophe in the making: Risky option bets put Wall Street on edge
Professional and amateur traders are flocking to a risky type of equity option that some have likened to lottery tickets, drawn by the opportunity to reap massive returns in the span of just a few hou...
Caterpillar, Deere, and More Industrial Stocks Ready to Break Out
Stocks in the industrial sector have been on a tear. In aggregate, they are knocking on the door of reaching new heights. The Industrial Select Sector SPDR ETF (ticker: XLI ), home to Caterpillar (CAT...
China’s Factories Accelerate Robotics Push as Workforce Shrinks
China installed almost as many robots in its factories last year as the rest of the world, accelerating a rush to automate and consolidate its manufacturing dominance even as its working-age populatio...
Three Chinese corporate giants are leaving the New York Stock Exchange
Three state-owned Chinese corporate giants announced plans Friday to remove their shares from the New York Stock Exchange, adding to a growing financial separation between the biggest global economies...
It’s a Tom Jones rally but it may be overbought, say analysts
The latest action in stocks may be a concern for the bulls. The S&P 500’s initial surge on Thursday to fresh three-month highs fizzled as the session wore on. The “peak inflation rally” faded. Fut...
Caterpillar’s Earnings Are Good and Sales Top Estimates. But the Stock Falls.
Text size Caterpillar’s earnings and sales in the second quarter beat Wall Street expectations. Bernd Lauter / AFP via Getty Images Caterpillar reported second-quarter numbers that beat Wall Str...
Caterpillar’s Headquarters Are Moving to Texas
Caterpillar has had a presence in Texas since the 1960s, according to the firm, but Illinois remains the largest concentration of Caterpillar employees. Dreamstime Text size Caterpillar is moving head...
Caterpillar to move headquarters to Texas from Illinois in fresh blow to the Chicago area
Caterpillar Inc. said Tuesday it will move its global headquarters from Illinois to an existing divisional office in Irving, Texas, in the Dallas–Forth Worth area, in another blow to metropolitan Chic...
Target, Caterpillar, and 3 More Stocks Getting Higher Dividends
Text size Target is raising its quarterly dividend by 20%. Justin Sullivan/Getty Images Target and Caterpillar were among the U.S. companies that declared dividend increases this week. Target (ticker:...
Yale professor is keeping tabs on companies still operating in Russia despite Ukraine invasion — and the list includes some household names
A Yale professor and his research team are keeping tabs on companies that are still operating in Russia in the wake of its invasion of neighboring Ukraine — and the list includes many household names....
Fed needs to ‘shock and awe’ the market with one big rate hike, Bill Ackman says
Billionaire hedge-fund manager Bill Ackman said the Federal Reserve needs to deliver old-fashioned “shock and awe” to financial markets by delivering a much larger onetime increase to benchmark intere...
Caterpillar stock rises to 4th straight record after BofA analyst becomes top bull on Wall Street
Shares of Caterpillar Inc. rallied Friday to a fourth straight record close, after BofA Securities analyst Michael Feniger turned bullish on the belief that the construction- and mining-equipment make...