|Bid||110.883 x 35000|
|Ask||111.602 x 35000|
|Day's Range||110.706 - 111.860|
|52 Week Range||82.880 - 111.860|
|PE Ratio (TTM)||621.61|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
CMOC is locating 100 corporate employees at a 25,000-square-foot office on Central Avenue in midtown Phoenix. CMOC International is an arm of CMOC (China Molybdenum Co Ltd) — which has a $20 billion market capitalization. CMOC, also known as China Moly, bought Freeport-McMoRan’s interest in the Tenke Fungurume Mining in the Democratic Republic of Congo for $2.65 billion in 2016.
These four stocks hit postelection highs last week. Here's how to trade them before they report third quarter earnings next week.
Melius Research’s Rob Wertheimer and his team initiated coverage on the machinery sector with a Neutral rating, and although they think investors should buy into Caterpillar (CAT) and United Rentals (URI). This is what should happen in a trough, as in 2009, but he argues that Caterpillar aside, the rest of machinery is not in a trough. He writes that Caterpillar hasn’t really seen a recovery since 2008 in heavy construction and other setbacks since, while the rest of the group is doing quite well.
Shares of Caterpillar (CAT) have enjoyed a monster two-year rally during which the share price has nearly doubled in value. Goldman’s Jerry Revich, who rates the stock a Buy, raised his price target on the heavy machinery maker from $143 a share to $158 a share. Caterpillar has spent the past year digging out from the ruins of former CEO Doug Oberhelman’s big money investments, which ran into a cement wall when global commodity prices went bust.
Caterpillar shares are higher Tuesday after Goldman Sachs analysts boosted their price target to $158, the highest on Wall Street.
According to FactSet data, analysts who cover Caterpillar have a consensus estimate for its third-quarter earnings of $1.26 a share.
Shares of Caterpillar Inc. climbed 1% toward a record in midday trade Wednesday, after some upbeat comments about used equipment pricing from the analyst who is the most bearish on the mining and farm ...
Iron ore inventory at China’s ports broke a 9-week streak of declines last week. One analyst and bear, Gordon Johnson, who covers metals and mining equipment stocks, and related companies, at Axiom Capital ...
The 11% year-over-year uptick in worldwide machine sales in August is roughly unchanged from the 12% increase in July.
Caterpillar’s stock rallied toward another record close, after UBS turned bullish on the mining and farm equipment maker, citing an upbeat outlook for earnings and shareholder returns.
The race is on to build the autonomous car, with legacy car makers like General Motors (GM) and Ford Motor (F) competing with Tesla (TSLA) and other upstarts. It is, according to the folks at Tigress Financial Partners. This increases efficiency and safety significantly and creates a new opportunity for the sale and upgrade of Caterpillar equipment.
As the federal government continues to approve natural gas pipeline projects at a torrid pace, Caterpillar should continue to be a big beneficiary, Jim Cramer said.
UBS recommends Caterpillar shares, citing positive results from a firm survey of the industry's capital spending plans.
Shares of Caterpillar Inc. jumped 1.7% toward a record high in morning trade Monday, enough to pace the gainers within the Dow Jones Industrial Average , after the mining and farming equipment maker was ...