Caterpillar Inc : Caterpillar officer retires; Company creates division focused on advancing research, product development and innovation capabilities . Caterpillar Inc says Gwenne Henricks, currently Vice President with responsibility for Product Development & Global Technology division is retiring . Company will form a single research, technology and product development division . Manufacturing functions within ACSD will be led by current ACSD operations general manager Steve Ferguson . Says organizational changes are effective September 1, 2016 .Current Advanced Component & System division Vice President Jean Savage will lead newly formed team of ACSD and PD> employees.
Wakita & Co Ltd <8125.T> : Says co's wholly owned sub-subsidiary Yashima Shoukai Co Ltd plans to merge with Yashima Shoukai's holding company which is also the wholly owned subsidiary of the co's, on Sep. 1 .Yashima Shoukai's holding company (co's wholly owned subsidiary) will be dissolved after the transaction.
: Marcato reports 5.1 pct stake in Terex, to urge spinoff & restructuring; Marcato supports Terex CEO - CNBC, citing source (Bengaluru Newsroom: +1-646-223-8780).