Caterpillar Inc. (CTA.L)


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  • Associated Press2 years ago

    White House urging US CEOs to avoid Russian forum

    Top executives at major United States companies are reconsidering or withdrawing their participation in a Russian international economic forum amid requests from the Obama administration in the face of ...

  • Bloomberg2 years ago

    IRS Probing Caterpillar Parts Deals Examined by Senators

    The Internal Revenue Service is challenging Caterpillar Inc. (CAT) on overseas transactions involving its spare-parts business, the company disclosed yesterday in a regulatory filing. The transactions were the focus of a congressional hearing last month at which Senator Carl Levin , a Michigan Democrat, said Caterpillar had made a “paper change” to book U.S. profits in Switzerland that saved the company $2.4 billion in U.S. taxes from 2000 to 2012. “We disagree with these proposed adjustments, which the IRS did not propose in previous audits of U.S. tax returns in which the same tax positions were taken,” Caterpillar said in its quarterly filing, using different and more specific language to describe the inquiry than it did in February. In the filing, Caterpillar said it would “vigorously contest” the IRS challenge in appeals.

  • Motley Fool2 years ago

    Why Manitowoc Company Inc. Shares Could Jump on an Earnings Surprise This Week

    Manitowoc could easily trump Street estimates on its first quarter this Thursday. Here's why.