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Caterpillar Inc (CAT.N)

CAT.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Caterpillar world machines retail sales for 3-month rolling period ended April, up 1 pct
Thursday, 18 May 2017 09:09am EDT 

May 18 (Reuters) - Caterpillar Inc :Caterpillar inc says world machines retail sales for 3-month rolling period ended april, up 1 percent.Caterpillar inc says latin america machines retail sales for 3-month rolling period ended april down 30 percent.Caterpillar inc says north america machines retail sales for 3-month rolling period ended april down 7 percent.Caterpillar inc says asia/pacific machines retail sales for 3-month rolling period ended april up 47 percent.  Full Article

Caterpillar-CtW Investment Group urges Caterpillar shareholders to vote against re-election of audit committee members Dickinson, Muilenburg, And Osborn
Wednesday, 17 May 2017 03:42pm EDT 

May 17 (Reuters) - Caterpillar Inc :Caterpillar-CtW Investment Group urges Caterpillar shareholders to vote against re-election of audit committee members Dickinson, Muilenburg, And Osborn.Caterpillar-CtW Investment Group also urges Caterpillar shareholders to vote against shareholder proposal amending company’s clawback policy.  Full Article

Caterpillar Inc updates on investigations
Wednesday, 3 May 2017 12:15pm EDT 

May 3 (Reuters) - Caterpillar Inc :Caterpillar Inc - On Feb 17, co was notified by U.S. SEC that it concluded its investigation relating to co's acquisition of Bucyrus International, related matters.Caterpillar Inc - SEC notified co that it did not intend to recommend an enforcement action against Caterpillar in these matters.Caterpillar - Search and seizure warrants at co's three facilities in March concern both tax and export activities, and related to ongoing grand jury investigation.Caterpillar - Currently believe that the matter will not have material adverse effect on co’s consolidated results of operations, financial position or liquidity.  Full Article

Caterpillar says CEO's 2016 compensation was $15.5 mln
Wednesday, 26 Apr 2017 04:28pm EDT 

April 26 (Reuters) - Caterpillar Inc ::Caterpillar Inc - CEO Douglas Oberhelman's total compensation for 2016 was $15.5 million versus $17.9 million in 2015 - sec filing.  Full Article

Cat Financial Q1 revenue of $662 mln, increase of 3 pct, compared with Q1 of 2016
Tuesday, 25 Apr 2017 07:31am EDT 

April 25 (Reuters) - Cat Financial: :Cat Financial - reported first-quarter 2017 revenues of $662 million, an increase of $19 million, or 3 percent, compared with Q1 of 2016.Cat financial - profit before income taxes was $167 million for Q1 of 2017, compared with $145 million for q1 of 2016.Cat Financial says as of march 31, 2017, allowance for credit losses totaled $346 million, compared with $340 million.  Full Article

Caterpillar reports Q1 earnings of $0.32 per share
Tuesday, 25 Apr 2017 07:30am EDT 

April 25 (Reuters) - Caterpillar Inc ::Caterpillar reports first-quarter 2017 results.Q1 earnings per share $0.32.Q1 sales $9.822 billion versus I/B/E/S view $9.11 billion.Q1 earnings per share $1.28 excluding items.Q1 earnings per share view $0.59 -- Thomson Reuters I/B/E/S.Says current sales and revenues outlook for FY 2017 is now a range of $38 billion to $41 billion with a midpoint of $39.5 billion.Sees FY 2017 earnings per share about $2.10.Says for full year of 2017, Caterpillar expects profit per share of about $2.10 at midpoint of sales and revenues outlook range.Says restructuring costs expected in 2017 significantly higher than prior outlook primarily due to ongoing manufacturing facility consolidations.Says during Q1 of 2017, co incurred $752 million of restructuring costs.Says dealer machine and engine inventories increased about $200 million in Q1 of 2017, compared to an increase of about $300 million in Q1 of 2016.Says as of March 31, 2017, Cat Financial's allowance for credit losses totaled $346 million compared with $340 million at March 31, 2016.Says at end of Q1 of 2017, past dues at Cat Financial were 2.64 percent, compared with 2.78 percent at end of Q1 of 2016.Says restructuring costs expected in 2017 are significantly higher than prior outlook primarily due to ongoing manufacturing facility consolidations.Says Caterpillar worldwide, full-time employment was about 95,300 at end of Q1 of 2017, compared with about 101,400 at end of Q1 of 2016.  Full Article

Caterpillar posts Q1 adj. earnings per share $1.28
Tuesday, 25 Apr 2017 07:30am EDT 

April 25 (Reuters) - Caterpillar Inc :Caterpillar reports first-quarter 2017 results.Q1 earnings per share $0.32.Q1 sales $9.822 billion versus I/B/E/S view $9.11 billion.Q1 earnings per share view $0.59 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share about $2.10.Q1 earnings per share $1.28 excluding items.Caterpillar Inc - at end of Q1 of 2017, past dues at CAT financial were 2.64 percent, compared with 2.78 percent at end of q1 of 2016.Caterpillar Inc - for full year of 2017, Caterpillar expects profit per share of about $2.10 at midpoint of sales and revenues outlook range.Caterpillar - restructuring costs expected in 2017 significantly higher than prior outlook primarily due to ongoing manufacturing facility consolidations.Caterpillar Inc - during Q1 of 2017, we incurred $752 million of restructuring costs.Caterpillar Inc - dealer machine and engine inventories increased about $200 million in Q1 of 2017, compared to an increase of about $300 million in Q1 of 2016.Caterpillar Inc - as of March 31, 2017, CAT financial's allowance for credit losses totaled $346 million compared with $340 million at march 31, 2016.Caterpillar says as a result of a stronger than expected start to year, company's expectations for full-year 2017 sales and revenues have increased.Says current sales and revenues outlook is now a range of $38 billion to $41 billion with a midpoint of $39.5 billion.  Full Article

Caterpillar selects Deerfield, Illinois for new global headquarters
Wednesday, 19 Apr 2017 05:00pm EDT 

April 19 (Reuters) - Caterpillar Inc ::Caterpillar names Deerfield, Illinois, as new global headquarters.Company expects about 100 employees to relocate this year, with about 300 people in new headquarters when fully operational in mid-2018.  Full Article

Sigma Labs wins contract with Solar Turbines Incorporated
Tuesday, 18 Apr 2017 08:00am EDT 

April 18 (Reuters) - Sigma Labs Inc :Sigma labs wins contract with solar turbines incorporated.Sigma labs inc - announced that it has received a contract from solar turbines incorporated, a subsidiary of caterpillar inc..Sigma labs inc - sigma labs will initially install its printrite3d software on a 3d systems' prox300 machine.Sigma labs - solar turbines to implement sigma labs' in-process quality assurance™ (ipqa®) technology for production of gas turbine components.  Full Article

Caterpillar to move machine production out of Aurora facility into other U.S. manufacturing facilities
Friday, 31 Mar 2017 07:26pm EDT 

Caterpillar Inc : Finalized decision to move machine production out of its Aurora, Illinois, facility into other U.S. manufacturing facilities . Large wheel loaders and compactor production will be moved to the company's Decatur, Illinois, plant . Medium wheel loader production line will be moved to the North Little Rock, Arkansas, plant Further company coverage: [CAT.N] ((Bangalore.newsroom@thomsonreuters.com ;)).  Full Article

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