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United States

Meredith Davis

Caterpillar says Wall Street 'too optimistic' on 2017 profit estimate

Dec 01 2016

Caterpillar Inc , the world's largest construction and mining equipment maker, said on Thursday analysts' earnings expectations for 2017 were "too optimistic" as oil prices remained volatile.

Deere shares leap after earnings beat on pricing, costs

Nov 23 2016

Shares of Deere & Co jumped 11 percent to an all-time high on Wednesday after stronger pricing and cost cuts allowed the agricultural and construction machine manufacturer to beat quarterly earnings expectations.

Trump win boosts coal, hits renewable stocks

Nov 09 2016

MARRAKESH, Morocco/CHICAGO The prospect of an abrupt shift in U.S. climate policy under President-elect Donald Trump lifted the shares of U.S. mining equipment giant Caterpillar Inc , North American railroads and other companies tied to fossil fuels, and slammed shares of renewable energy firms.

Trump victory jolts automakers, lifts Caterpillar, railroads

Nov 09 2016

The election of Republican Donald Trump as U.S. president put new pressure on automakers and other manufacturers that depend on open trade with Mexico.

Automakers, dependent on Mexico, face a rougher road with Trump

Nov 09 2016

Nov 9 The election of Donald Trump as U.S. president puts new pressure on automakers and other manufacturers that have become dependent on open trade with Mexico, and raises the risk they will face higher costs.

Johnson Controls shares up on higher sales, earnings before items

Nov 08 2016

Shares of Johnson Controls Inc rose more than 3 percent on Tuesday after the multi-industry U.S. manufacturer posted unexpectedly higher quarterly sales and earnings per share before special items.

Rockwell Automation expects first annual sales rise in three years

Nov 07 2016

Rockwell Automation Inc forecast its first full-year rise in sales in three years as stabilizing demand in industries including oil and gas helped the company report higher-than-expected quarterly profit and revenue.

Caterpillar sees little change into 2017, cuts sales outlook

Oct 25 2016

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.

Whirlpool profit and outlook miss estimates; stock falls

Oct 25 2016

CHICAGO Whirlpool Corp reported a lower-than-expected quarterly profit on Tuesday and gave a disappointing outlook, citing soft demand, tough competition in the U.S. market and the post-Brexit weakness of the British pound, and its shares fell 12 percent.

Harley-Davidson soars on plans to reorganize, slow production workforce

Oct 19 2016

(This October 18 story has been corrected to say 'soars' instead of 'soar' in headline)

World News