Caterpillar Inc (CAT)
27 Oct 2016
CHICAGO (This version of the Oct. 17 story corrects spelling of Oberhelman in paragraph 2 and Umpleby in paragraph 5)
CHICAGO, Oct 17 Caterpillar Inc insider Jim Umpleby will become chief executive of the heavy equipment maker on Jan. 1, faced with the challenge of reversing a multiyear sales decline triggered by the global commodities slump.
Caterpillar Inc has had a slight increase in aftermarket equipment part sales and dealer quotes to rebuild large mining trucks in recent months, but not enough to call it a sales recovery, company executives said on Tuesday.
Oct 25 Caterpillar Inc has had a slight increase in aftermarket equipment part sales and dealer quotes to rebuild large mining trucks in recent months, but not enough to call it a sales recovery, company executives said on Tuesday.
Oct 25 Caterpillar Inc on Tuesday reported a sharply lower quarterly profit as global economic weakness slowed the sale of new machinery amid an abundance of available used equipment.
* Q3 earnings per share view $0.76 -- Thomson Reuters I/B/E/S
* Caterpillar - World dealer reported retail statistics of machines for 3-month rolling period ended September down 18 percent - SEC filing
* Compensation committee of board approved increase in James Umpleby's annual salary to $1.2 million effective January 1, 2017 Source text for Eikon: [http://bit.ly/2dYUtZa] Further company coverage:
* Caterpillar Chairman and CEO Doug Oberhelman elects to retire in 2017; Jim Umpleby elected as Caterpillar's next CEO; Dave Calhoun to become non-executive chairman of the board
Oct 17 Heavy equipment maker Caterpillar Inc said Chairman and Chief Executive Officer Doug Oberhelman will retire, effective March 31.
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