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Tag Archives: Caterpillar
Watching the Economy Unfold
Caterpillar Suffers Worst Month Since Lehman, 26 Consecutive Months Of Declining Retail Sales Once upon a time, C was the world’s industrial bellwether and a Dow Jones Industrial staple. Lately, in addition to suddenly developing a very close relationship with Federal … Continue reading
Caterpillar Retail Sales Plunge By 13%, Most Since February 2010; Decline For 17 Consecutive Months
First, the good news: US retail sales of machines in the US posted its fourth monthly pick up, rising 12% compared to April of 2013 which print, however, was the biggest, at -18%, annual drop for US sales since 2010 … Continue reading
CAT Slaughtered With Epic Q3 Revenue, Earnings Miss And Guidance Cut: Sees “Good Deal Of Uncertainty Worldwide”
With every passing quarter, Caterpillar, perhaps the last truly industrial company in the epically misnamed Dow Jones (non)-Industrial Average, provides an ever clearer answer to the question we posed this past July, namely “Is CAT Nothing But The Dow’s Most … Continue reading
Caterpillar Earnings, Revenue Fall Short; Slashes 2013 Outlook
Caterpillar posted earnings and revenue that missed Wall Street expectations on Monday, and cut its full-year outlook for 2013 to reflect a drop in demand for heavy equipment from its mining customers. After the earnings announcement, the world’s largest maker of … Continue reading
Posted in Financial
Tagged Caterpillar
Comments Off on Caterpillar Earnings, Revenue Fall Short; Slashes 2013 Outlook
Revenue Miss Parade Resumes With Caterpillar
Last night, in a spontaneous moment of clarity, the ZH brain trust tweeted the following: Tomorrow on deck are revenue misses from CAT, TXN, FCX, BTU and others So far we had our first “others” when Hasbro missed the topline, … Continue reading
Posted in Editorial, Financial
Tagged Caterpillar, Miss, NC Renegade, Revenue, Zerohedge
Comments Off on Revenue Miss Parade Resumes With Caterpillar