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Caterpillar Inc (CAT.N)

CAT.N on New York Stock Exchange

128.71USD
4:00pm EDT
Change (% chg)

$-2.61 (-1.99%)
Prev Close
$131.32
Open
$132.68
Day's High
$133.08
Day's Low
$128.66
Volume
2,061,385
Avg. Vol
1,049,444
52-wk High
$173.18
52-wk Low
$128.66

Latest Key Developments (Source: Significant Developments)

Citi Retail Services Signs Agreement With Caterpillar Financial
Thursday, 16 Aug 2018 10:00am EDT 

Aug 16 (Reuters) - Citigroup Inc ::CITI RETAIL SERVICES SIGNS AGREEMENT WITH CATERPILLAR FINANCIAL TO PROVIDE COMMERCIAL AND CONSUMER CARD SERVICES.CITI RETAIL SERVICES - NEW CAT CARD PROGRAM WILL OFFER BOTH COMMERCIAL AND CONSUMER FINANCING OPTIONS.  Full Article

Caterpillar CEO Urges Govt Leaders To Remove Uncertainty On Trade - Conf Call
Monday, 30 Jul 2018 12:02pm EDT 

July 30 (Reuters) - Caterpillar Inc ::CATERPILLAR INC CEO SAYS "ON THE ISSUE OF TRADE, WE URGE GOVERNMENT LEADERS TO TAKE ACTIONS TO REMOVE UNCERTAINTY" - CONF CALL.CATERPILLAR INC SAYS CO HAS LONG ADVOCATED FOR FREE TRADE BECAUSE IT ENHANCES GLOBAL COMPETITIVENESS AND HELPS U.S. MANUFACTURERS GROW U.S. JOBS AND EXPORTS.CATERPILLAR INC SAYS SALES OF EXCAVATORS IN CHINA REMAINED STRONG IN THE SECOND QUARTER, WITH INDUSTRY SALES FOR THE 10-TON AND ABOVE EXCAVATOR UP MORE THAN 70 PERCENT YEAR-TO-DATE.CATERPILLAR INC SAYS MINING CUSTOMERS ARE PLACING ORDERS ON NEW EQUIPMENT AS COMMODITY PRICES REMAIN ABOVE INVESTMENT THRESHOLDS.CATERPILLAR INC SAYS MINING CUSTOMERS HAVE YET TO BEGIN FULL-SCALE FLEET REPLACEMENTS.CATERPILLAR INC SAYS SAYS RECENTLY IMPOSED TARIFFS HAD MINIMAL IMPACT IN THE SECOND QUARTER.CATERPILLAR INC SAYS GLOBAL MINING RECOVERY IS STILL IN EARLY STAGES.CATERPILLAR INC SAYS COMMODITY PRICES CONTINUE TO BE ABOVE INVESTMENT THRESHOLDS WHICH IS IMPROVING FINANCIAL HEALTH OF MANY MINING CUSTOMERS.CATERPILLAR INC SAYS EXPECT GROWTH IN THE PERMIAN BASIN REGION TO CONTINUE.CATERPILLAR INC SAYS CONTINUING TO SEE INCREASED ACTIVITY ACROSS OTHER SHALE BASINS IN THE U.S. AS RECENT MARKET CONDITIONS HAVE ENABLED THEM TO BE PROFITABLE.CATERPILLAR INC SAYS NOT UNREASONABLE TO EXPECT HIGHER MARGIN PERCENTAGES.CATERPILLAR INC SAYS DON'T THINK OPERATING MARGIN IN H2 OF 2018 WILL BE SIGNIFICANTLY DIFFERENT THAN IN H1.CATERPILLAR INC SAYS OUR BUSINESS IN CHINA CONTINUES TO BE STRONG.  Full Article

Caterpillar Says World Machines Retail Sales For 3-Month Rolling Period Ended June Up 25 Pct
Friday, 27 Jul 2018 04:45pm EDT 

July 27 (Reuters) - Caterpillar Inc ::CATERPILLAR - WORLD MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED JUNE UP 25 PERCENT.CATERPILLAR - ASIA/PACIFIC MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED JUNE UP 37 PERCENT.CATERPILLAR - LATIN AMERICA MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED JUNE UP 29 PERCENT.CATERPILLAR - NORTH AMERICA MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED JUNE UP 22 PERCENT.  Full Article

Caterpillar Names New Digital Enabled Solutions Vice President
Monday, 9 Jul 2018 11:01am EDT 

July 9 (Reuters) - Caterpillar Inc ::CATERPILLAR NAMES NEW DIGITAL ENABLED SOLUTIONS VICE PRESIDENT.CATERPILLAR - BOARD APPOINTED OGI REDZIC AS A VICE PRESIDENT OF COMPANY.CATERPILLAR - REDZIC WILL LEAD CATERPILLAR'S DIGITAL ENABLED SOLUTIONS DIVISION, EFFECTIVE JULY 30.  Full Article

Caterpillar's World Machines Retail Sales For 3-Month Rolling Period Ended April Up 28 Pct
Friday, 11 May 2018 09:21am EDT 

May 11 (Reuters) - Caterpillar Inc ::CATERPILLAR - ASIA/PACIFIC MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED APRIL UP 33%.CATERPILLAR - NORTH AMERICA MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED APRIL UP 25 PERCENT.CATERPILLAR - WORLD MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED APRIL, UP 28 PERCENT - SEC FILING.CATERPILLAR - LATIN AMERICA MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED APRIL UP 56 PERCENT.  Full Article

Kynikos's Chanos Says They Are Least Short On China They've Been In 8 Years- CNBC
Thursday, 26 Apr 2018 08:03am EDT 

April 26 (Reuters) - :KYNIKOS'S JIM CHANOS SAYS THEY ARE LEAST SHORT ON CHINA THEY'VE BEEN IN 8 YEARS- CNBC.JIM CHANOS SAYS NO LONGER SHORT ON ALIBABA - CNBC.JIM CHANOS SAYS CHINA'S DEBT PROBLEMS STILL CONTINUE TO BE THERE- CNBC.JIM CHANOS SAYS HAS NO POSITION ON CATERPILLAR RIGHT NOW - CNBC.CHANOS SAYS TESLA'S MUSK "MAY BE MISLEADING INVESTORS", MUSK HAS "CROSSED THE RUBICON" OF MAKING STATEMENTS TO INVESTORS HE MIGHT RUE LATER - CNBC.  Full Article

Caterpillar Inc Says CEO D. James Umpleby III's FY 2017 SEC Total Compensation Was $14 Million
Wednesday, 25 Apr 2018 04:44pm EDT 

April 25 (Reuters) - Caterpillar Inc ::CATERPILLAR INC SAYS CEO D. JAMES UMPLEBY III'S FY 2017 SEC TOTAL COMPENSATION WAS $14 MILLION VERSUS $5.3 MILLION IN FY 2016 - SEC FILING.CATERPILLAR INC SAYS CFO BRADLEY HALVERSON'S FY 2017 SEC TOTAL COMPENSATION WAS $7.6 MILLION VERSUS $5.2 MILLION IN FY 2016.CATERPILLAR INC SAYS CEO D. JAMES UMPLEBY III'S FY 2017 SEC TOTAL COMPENSATION INCLUDED $3.3 MILLION IN STOCK AWARDS AND $5.4 MILLION IN OPTION AWARDS.  Full Article

Caterpillar Says Price Vs Cost Would Be Negative For Rest Of 2018 - Conf Call
Tuesday, 24 Apr 2018 01:34pm EDT 

April 24 (Reuters) - Caterpillar Inc ::CATERPILLAR INC - EXPECT HIGHER PRICE REALISATION TO MORE THAN OFFSET MATERIAL COST INCREASE - CONF CALL.CATERPILLAR INC – SAYS SUSTAINED DIVIDEND GROWTH REMAINS A "VERY HIGH PRIORITY" FOR US – CONF CALL.CATERPILLAR INC – SAYS HAVE NECESSARY BRICKS AND MORTAR CAPACITY THAT WE NEED – CONF CALL.CATERPILLAR INC – SAYS EXPECT CAPEX TO BE ABOUT $1 BILLION TO $1.5 BILLION FOR THE FORESEEABLE FUTURE– CONF CALL.CATERPILLAR INC – CHINA CONTINUES TO BE STRONGER THAN WE EXPECT– CONF CALL.CATERPILLAR INC –EXPECTS CHINA 10-TON ABOVE EXCAVATOR DEMAND TO BE UP 30 PERCENT THIS YEAR– CONF CALL.CATERPILLAR INC – SAYS STEEL COSTS CONTINUE TO INCREASE– CONF CALL.CATERPILLAR INC –SAYS EXPECT MATERIAL COST INCREASES IN 2018 TO BE HIGHER THAN ESTIMATED IN DEC QUARTER OUTLOOK ON HIGHER STEEL PRICES– CONF CALL.CATERPILLAR INC – SAYS PRICE VERSUS COST WOULD BE NEGATIVE FOR THE REST OF THE YEAR– CONF CALL.  Full Article

Caterpillar Says Asia/Pacific Machines Retail Sales For 3-Month Rolling Period Ended March, Up 31 Pct
Monday, 23 Apr 2018 05:07pm EDT 

April 23 (Reuters) - Caterpillar Inc ::CATERPILLAR - ASIA/PACIFIC MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED MARCH, UP 31 PERCENT.CATERPILLAR INC - NORTH AMERICA MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED MARCH UP 27 PERCENT - SEC FILING.CATERPILLAR - WORLD MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED MARCH UP 26 PERCENT.CATERPILLAR - LATIN AMERICA MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED MARCH, UP 34 PERCENT.  Full Article

Caterpillar Announces Group President Appointments
Thursday, 12 Apr 2018 06:30pm EDT 

April 12 (Reuters) - Caterpillar Inc ::CATERPILLAR ANNOUNCES EXECUTIVE OFFICE CHANGES.BOB DE LANGE TO BECOME GROUP PRESIDENT OF CUSTOMER & DEALER SUPPORT.RAMIN YOUNESSI APPOINTED GROUP PRESIDENT OF ENERGY & TRANSPORTATION.TOM PELLETTE TO BECOME GROUP PRESIDENT OF CONSTRUCTION INDUSTRIES.  Full Article

Israel Aerospace to convert Caterpillar Dozers to autonomous

TEL AVIV, Oct 8 State-owned Israel Aerospace Industries (IAI) said on Monday it won a contract for conversion of Caterpillar Dozers into autonomous bulldozers that will be commissioned for complex engineering tasks.