|Bid||141.43 x 1200|
|Ask||145.31 x 900|
|Day's Range||141.82 - 144.69|
|52 Week Range||102.30 - 173.24|
|PE Ratio (TTM)||38.68|
|Earnings Date||Jul 30, 2018 - Jul 31, 2018|
|Forward Dividend & Yield||3.44 (2.29%)|
|1y Target Est||172.65|
(Note:The author of this fundamental analysis is a financial writer and portfolio manager.) Industrial stocks are having a tough 2018. The Industrial Select Sector SPDR ETF ( XLI) is drastically trailing the broader market, falling more than 3% this year, and it's still down nearly 9% off its highs.
Dow heavyweight Caterpillar is flirting with bear market territory this week as the U.S. ratchets up trade tensions with China. This too shall pass, says one Caterpillar bull.
C aterpillar, Volvo and Komatsu contribute to abuses in Myanmar by selling machinery used by domestic mining companies implicated in land expropriation, environmental destruction and armed conflict, according to a report published on Wednesday. The three companies "appear to be the dominant brands" represented in the Hpakant jade mines in northern Myanmar's Kachin state, according to Swedwatch, a Stockhom-based charity. "Since the early 2000s, the dramatically increased use of heavy machinery in Myanmar has enabled the extraction of minerals at an unprecedented speed," said Swedwatch.
The escalating trade war between Washington and Beijing has jolted investors for the first time in months as a sharp sell-off in Chinese shares on Tuesday started a ripple through global markets that hit companies in major exporting nations particularly hard. in goods if Beijing retaliated, was ratcheting up market anxiety. On Wednesday morning in Asia, Japanese equities were heading lower again, with the Topix off 0.4 per cent, but stocks in Australia, South Korea and Hong Kong managed to regain some poise.
The large complex Caterpillar Inc. will soon vacate in South Milwaukee is under contract for sale to Reich Brothers LLC, a New York company with about 5 million square feet in its holdings.
Stocks that moved substantially or traded heavily Tuesday: Caterpillar Inc., down $5.38 to $143.30 Industrial companies fell after President Donald Trump proposed more tariffs on Chinese imports and China ...
The world on the cusp of a trade war has spooked investors, and few companies are feeling the fright more than Caterpillar Inc. The stock has been the worst performer on the Dow Jones Industrial Average in the past five days. The slide for Caterpillar, a bellwether for American industry, shows how trade frictions are upending assumptions for an improving global economy.
Down goes the Dow. , often believed to be the bellwethers of the industrial sector, are the leading laggards in the Dow Jones Industrial Average on Tuesday, June 19, as investors sell on concerns over an escalating trade dispute with China. Boeing, the aerospace and defense company, tumbled 3.8% to $341.28 and Caterpillar, which makes heavy construction equipment among other things, declined by 3.7% to $143.27.
The Dow Jones Industrial Average Tuesday afternoon was holding firmly lower, with the lion's share of the benchmark's decline tied to companies most sensitive to escalating trade conflagrations. Boeing Co. , down 3.7% or $13.30, Caterpillar Inc. , decline by 3.6% lower or $5.34, and 3M Co. shares, shedding 2.1% or $4.25, were combining to produce a 154-point headwind for the price-weighted blue-chip gauge, representing more than half of Tuesday's 270-point decline. A $1 move in any one of the Dow's 30 components equates to a swing of 6.89 points.
A local developer is preparing for construction of a 200,000-square-foot spec building in a Triad industrial park. Alston Team, partner in Front Street Capital of Winston-Salem, said general contractor Landmark Builders is expected to begin construction of the second concrete shell building at Union Cross Industrial Center in the next few weeks. Plans would allow the building to be expanded to up to 310,000 square feet.
was the first stock Jim Cramer mentioned last night on Mad Money in a hypothetical "Gloom Index" ETF to focus on how gloomy and depressed investors have become. This part of technical analysis is typically called sentiment. Some analysts look at the action of investors and traders to judge how bullish or bearish they have become.
CNBC's Jim Cramer proposes starting a new exchange-traded fund with the stocks that scare investors most when trade tensions run high. The "Mad Money" host includes stocks like Caterpillar, Boeing and General Electric in his fictional fund, entitled GLUM.
Construction equipment maker Caterpillar is seeing increased orders as the oil and natural gas industry recovery continues.
The Dow Jones Industrial Average fell more than 200 points on Monday and the other major indexes were lower, as China's retaliatory action against tariffs imposed by the United States reignited fears of a possible trade war between the world's two biggest economies. Global financial markets have struggled since February in the face of signs that Washington and Beijing were headed toward a trade war after several rounds of negotiations failed to resolve U.S. complaints over Chinese industrial policy, market access and a $375 billion trade gap.
Manufacturing and construction activity boomed last month, and the summer often means even more spending. So let’s take a look at three construction and manufacturing sector stocks that are strong buys at the moment.Source: Jan Tik via Flickr
Ensign Group, Big Lots, Caterpillar, United Rentals and Terex highlighted as Zacks Bull and Bear of the Day
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Caterpillar, Inc. (CAT). On March 2, 2017, multiple federal law enforcement agencies executed search warrants in a raid of Caterpillar’s offices, which the Company stated was related to “export filings” for its Swiss subsidiary. Media reports alleged that the raids were “related to potential crimes, including ‘failure to file or submitting false electronic export information’ and ‘false and misleading financial reports and statements’” and that a report commissioned by the federal government accused Caterpillar of tax and accounting fraud, avoiding federal income taxes on billions of dollars of offshore money, to boost its stock price.
Manufacturing and construction activity boomed last month, and the summer often means even more spending. So let's take a look at three construction and manufacturing sector stocks that are strong buys at the moment.
The Zacks Analyst Blog Highlights: CSX, Eni, Kimberly-Clark, Caterpillar and Check Point Software