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Caterpillar Inc (CAT)

CAT on New York Consolidated

146.55USD
14 Dec 2017
Change (% chg)

$-2.02 (-1.36%)
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Latest Key Developments (Source: Significant Developments)

Caterpillar's North America Machines Retail Sales For 3-Month Rolling Period Up 12 Pct
Wednesday, 13 Dec 2017 09:34am EST 

Dec 13 (Reuters) - Caterpillar Inc ::CATERPILLAR - LATIN AMERICA MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED NOV. UP 48 PERCENT.CATERPILLAR - NORTH AMERICA MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED NOV. UP 12 PERCENT.CATERPILLAR - WORLD MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED NOV. UP 26 PERCENT.CATERPILLAR SAYS ASIA/PACIFIC MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED NOVEMBER UP 43 PERCENT.  Full Article

Downer EDI sells its freight rail business to Progress Rail for $109 mln
Tuesday, 21 Nov 2017 12:34am EST 

Nov 21 (Reuters) - Downer Edi Ltd ::Downer to sell its freight rail business to progress rail.Deal for $109 million​.Downer's rail division will have more than $8 billion of work-in-hand after divestment of freight rail business​.Rail division on track to achieve its underlying full year earnings target​.Due to sale, to book non-cash write down of $40 million regarding freight rail goodwill and legacy assets.Around 360 people currently employed by Downer are expected to transfer to progress rail as part of transaction.  Full Article

Caterpillar says world machines retail sales for 3-month rolling period ended Oct up 19 pct
Monday, 13 Nov 2017 05:43pm EST 

Nov 13 (Reuters) - Caterpillar Inc :Caterpillar Inc says world machines retail sales for 3-month rolling period ended october up 19 percent.Caterpillar Inc says North America machines retail sales for 3-month rolling period ended october up 7 percent.Caterpillar Inc says Asia/Pacific machines retail sales for 3-month rolling period ended October up 46‍​ percent - SEC Filing.Caterpillar Inc says Latin America machines retail sales for 3-month rolling period ended October up 24 percent.  Full Article

ASV Holdings says co and Caterpillar Inc entered into a supply agreement effective as of January 1, 2018​
Thursday, 2 Nov 2017 04:55pm EDT 

Nov 2 (Reuters) - ASV Holdings Inc :ASV Holdings Inc says ‍on October 30, co and Caterpillar Inc entered into a supply agreement effective as of January 1, 2018​.ASV Holdings Inc - ‍supply agreement to replace co's letter agreement with Caterpillar, dated as of Dec 18, 2014, which will expire on Dec 17, 2017​.ASV Holdings Inc says as per supply agreement, co will continue to supply to Caterpillar certain multi-terrain loader undercarriages & service parts​.ASV Holdings Inc - ‍term of supply agreement runs through december 31, 2020​ - SEC filing.  Full Article

Bombardier posts Q3 loss per share $0.05
Thursday, 2 Nov 2017 06:00am EDT 

Nov 2 (Reuters) - Bombardier Inc BBDB.TO::Q3 loss per share $0.05; Q3 adjusted loss per share $0.01; Q3 revenue $3.84 billion, up 3 percent.Q3 earnings per share view $-0.01, revenue view $4.15 billion -- Thomson Reuters I/B/E/S.Revenue and free cash flow usage for FY expected to be about $16.3 billion and $1 billion, respectively.FY2017 revenue view $16.72 billion -- Thomson Reuters I/B/E/S.Now expects consolidated FY EBIT before special items to be at least $630 million, high end of its previous guidance.Engine delivery delays to impact C Series program; with 20-22 deliveries now expected for the year.A European customer signed LOI for up to 61 C Series aircraft, including 31 firm aircraft and options for additional 30 aircraft.On list price, firm order by European customer would be valued at about $2.4 billion, increasing to about $4.8 billion if all 30 options exercised.Bombardier Q3 Business Aircraft revenue $1.10 billion, down 17 percent; Q3 Business Aircraft deliveries of 31 units versus 36 units.Business Aircraft order backlog at Sept. 30 was $14.5 billion versus $15.4 billion as at Dec. 31, 2016.Bombardier Q3 commercial aircraft revenue $525 million, down 2 percent; Q3 commercial aircraft deliveries of 16 units, flat from last year.Commercial Aircraft order backlog at Sept. 30 was 433 units versus 436 units as at Dec. 31, 2016.Q3 Bombardier Transportation revenue $2.13 billion, up 20 percent; Q3 Bombardier Transportation order intake $1.8 billion, down 38 percent.  Full Article

Caterpillar sees FY‍​ power generation industry sales to be about flat to slightly up
Tuesday, 24 Oct 2017 01:00pm EDT 

Oct 24 (Reuters) - Caterpillar Inc ::Caterpillar sees power generation industry sales to be about flat to slightly up for the full year - conf call‍​.Caterpillar - expect material costs to put pressure moving forward - conf call‍​.Caterpillar - "mining cycle has started to turn" - conf call‍​.Caterpillar - demand for aftermarket parts remains at a healthy level - conf call‍​.Caterpillar says sees FY sales about $44 billion - conf call‍​.Caterpillar says expect higher material costs to negatively impact Q4 operating leverage - conf call‍​.Caterpillar says resource industries FY sales expectations increased due to higher aftermarket parts sales expectation - conf call‍​.Caterpillar - power generation industry remains challenged, we anticipate sales to be about flat to slightly up for the full year - conf call‍​.Caterpillar says has been a good year for aftermarket parts for mining and North American oil and gas applications - conf call‍​.Caterpillar says pricing will be competitive as we move into 2018 - conf call‍​.Caterpillar says for resource industries, see FY segment margins close to September YTD - conf call‍​.  Full Article

‍CAT Financial report Q3 profit was $86 million
Tuesday, 24 Oct 2017 07:31am EDT 

Oct 24 (Reuters) - ‍CAT Financial :‍CAT Financial - Reported third-quarter 2017 revenues of $673 million, an increase of $22 million, or 3 percent, compared with Q3 of 2016​.‍CAT Financial - Third-quarter 2017 profit was $86 million, an $11 million, or 11 percent, decrease from Q3 of 2016​.  Full Article

Caterpillar reports Q3 EPS $1.77
Tuesday, 24 Oct 2017 07:30am EDT 

Oct 24 (Reuters) - Caterpillar Inc :Caterpillar reports third-quarter 2017 results.Q3 earnings per share $1.77.Q3 sales $11.41 billion versus I/B/E/S view $10.65 billion.Q3 earnings per share view $1.27 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share about $6.25.Sees FY 2017 earnings per share about $4.60.Q3 adjusted earnings per share $1.95 excluding items.FY2017 earnings per share view $5.29 -- Thomson Reuters I/B/E/S.‍Company now expects full-year 2017 sales and revenues of about $44 billion​.‍Worldwide, full-time employment was about 96,700 at end of Q3 of 2017, about flat with end of Q3 of 2016​.FY2017 revenue view $42.94 billion -- Thomson Reuters I/B/E/S.Restructuring costs of $90 million in Q3 were primarily related to programs in resource industries and energy & transportation‍​.‍At end of Q3 of 2017, past dues at cat financial were 2.73 percent, compared with 2.77 percent at end of Q3 of 2016​.Now expects to incur about $1.3 billion of restructuring costs in 2017, a slight increase from previous outlook of about $1.2 billion​.Dealer machine and engine inventories increased about $200 million in Q3 versus decrease of about $700 million in the third quarter of 2016.‍"We are raising our 2017 profit outlook"​.‍As of September 30, CAT financial's allowance for credit losses $343 million, compared with $346 million as of September 30, 2016​.  Full Article

Caterpillar sees FY sales & revenues in construction industries up about 20 pct‍​
Tuesday, 24 Oct 2017 07:01am EDT 

Oct 24 (Reuters) - Caterpillar Inc :Caterpillar Inc - Sees 2017 full-year sales & revenues in construction industries up about 20 pct‍​.Caterpillar Inc - Sees 2017 full-year sales & revenues in energy & transportation up ‍​about 10 percent.Caterpillar Inc sees 2017 full-year sales & revenues in resource industries up about 30 percent - presentation.  Full Article

Caterpillar says world machines retail sales up‍​ 13 percent for 3-month rolling period ended Sept
Monday, 23 Oct 2017 09:27am EDT 

Oct 23 (Reuters) - Caterpillar Inc :Caterpillar Inc says world machines retail sales for 3-month rolling period ended September up‍​ 13 percent.Caterpillar says North America machines retail sales for 3-month rolling period ended September up 2 percent ‍.Caterpillar says Asia/Pacific machines retail sales for 3-month rolling period ended September up 43 pct‍​‍​.Caterpillar says Latin America machines retail sales for 3-month rolling period ended September up 6 percent.  Full Article

BRIEF-Caterpillar Maintains Quarterly Cash Dividend Of $0.78/Share

* TO MAINTAIN QUARTERLY CASH DIVIDEND OF SEVENTY-EIGHT CENTS PER SHARE Source text for Eikon: Further company coverage: