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Caterpillar delivered better-than-expected earnings per ... of $5.14 beat analysts' consensus expectations of $5.02, the company faced challenges as revenue of $16.2 billion fell short of the ...
CAT earnings call for the period ending December 31, 2024.
Caterpillar misses, and Boeing gears up for a re-launch. The major averages last week suffered their biggest losses since last June. The Dow Industrials and the S&P 500 both fell 2.1 percent, and ...
Caterpillar Inc., also known as Cat, is an American construction, mining and other engineering equipment manufacturer. [6] The company is the world's largest manufacturer of construction equipment. [3] [7] [8] In 2018, Caterpillar was ranked number 73 on the Fortune 500 list [9] and number 265 on the Global Fortune 500 list. [10]
James W. Owens is an American economist and manufacturing executive. He is the former chairman and chief executive officer of Caterpillar Inc., the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines.
The sale closed on March 28, 2005, with Progress Rail becoming a separate private company. [6] On May 17, 2006, Caterpillar Inc. announced it would purchase Progress Rail from One Equity Partners for $1 billion in cash, stock and debt. [7] The acquisition by Caterpillar was announced as part of its long-term strategy, Vision 2020.
Caterpillar is investing in recycling technology developer Nth Cycle as part of a push to boost the reuse of metals used to make batteries and construction equipment. The investment, announced on ...
In September 2017, Caterpillar held a conference for investors at which Umpleby presented the details of a new corporate strategy focused on profitable growth, through expanded product offerings, increased focus on operational excellence and providing services in digitally-enabled technologies and other areas that support customers.