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Caterpillar

All articles tagged with #caterpillar

Caterpillar's Legacy in Truck Engines Ends: The Reasons Behind the Exit

Originally Published 2 months ago — by Jalopnik

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Source: Jalopnik

Caterpillar, renowned for its legendary truck engines like the 3406 and 3408, exited the on-highway truck engine market due to the high costs and technical challenges associated with meeting increasingly strict EPA emission standards through the ACERT system, leading the company to refocus on off-highway markets such as construction and mining.

Potential Stock Gains Ahead of Fed Rate Cuts

Originally Published 3 months ago — by Barchart.com

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Source: Barchart.com

The article discusses the potential market impact of a likely rate cut by the Federal Reserve, highlighting three stocks—Caterpillar, JPMorgan Chase, and Microsoft—that could benefit from the move, especially if the market reacts positively post-announcement. It emphasizes the importance of technical chart patterns and bond yield trends in predicting stock performance amid changing interest rate policies.

Norwegian Wealth Fund's Caterpillar Exit Sparks U.S.-Norway Tensions

Originally Published 4 months ago — by Middle East Eye

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Source: Middle East Eye

Norway's sovereign wealth fund divested from Caterpillar over human rights concerns related to Gaza, prompting US Senator Lindsey Graham to threaten tariffs and visa restrictions against Norway, which the Norwegian Prime Minister diplomatically addressed. The move was part of Norway’s stance against alleged violations of international law by Israeli military use of Caterpillar equipment in Gaza.

Market Highlights: Caterpillar, Nvidia, Alibaba, and Key Movers

Originally Published 4 months ago — by Yahoo Finance

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Source: Yahoo Finance

U.S. equities declined amid inflation concerns and pre-Labor Day trading, with Autodesk leading gains due to strong demand for its AI data center software, while Caterpillar warned of tariff impacts, Nvidia's stock fell due to competition from Alibaba's AI chip, and other companies like Petco and Affirm reported positive earnings. Gold prices rose, oil and cryptocurrencies fell, and bond yields increased.

Norwegian Wealth Fund Divests from Caterpillar and Israeli Managers Over Israel Concerns

Originally Published 4 months ago — by Bloomberg.com

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Source: Bloomberg.com

Norway's Prime Minister responded to US Senator Lindsey Graham's criticism of the country's $2 trillion sovereign wealth fund over its divestment from Caterpillar, clarifying that the decision was not political and highlighting the fund's ethical guidelines amid tensions related to Israel and Gaza.

Norway Wealth Fund Divests from Caterpillar and Israeli Banks Over Ethical Concerns

Originally Published 4 months ago — by Financial Times

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Source: Financial Times

Norway’s $2tn oil fund has divested from Caterpillar and several Israeli banks due to allegations that their products and services are used to violate international humanitarian law in Palestinian territories, marking a significant move driven by ethical concerns and public pressure.

Warren Buffett's Secret Stock: AI Reveals Clues and Upcoming Reveal

Originally Published 5 months ago — by Investing.com

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Source: Investing.com

Warren Buffett's Berkshire Hathaway is building a significant, confidential stake in a major industrial stock, with WarrenAI suggesting Caterpillar as the most fitting choice based on Buffett's investment style, while Deere & Company is also considered a strong contender depending on revenue stability.

Stock Market Fluctuates Amid Trump Tariff Developments and Oil Volatility

Originally Published 5 months ago — by Investor's Business Daily

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Source: Investor's Business Daily

The stock market experienced mixed performance with the Dow Jones falling due to Caterpillar's decline and Trump’s chip tariff plans, while the Nasdaq and certain stocks like Apple and Nvidia held gains; key earnings reports and tariff news influenced market movements.

Caterpillar's Resilient Demand Despite Tariff-Related Profit Hit

Originally Published 5 months ago — by Investor's Business Daily

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Source: Investor's Business Daily

Caterpillar reported a 21% drop in Q2 profit due to tariffs, but demand remains resilient supported by infrastructure and energy growth. The company forecasts a $1.3-$1.5 billion tariff impact for the year and expects slightly higher revenue in 2024, with stock trading near all-time highs despite recent volatility.

"Bill Gates' $42 Billion Portfolio: Top 3 Dividend Stocks"

Originally Published 1 year ago — by The Motley Fool

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Source: The Motley Fool

Billionaire Bill Gates has over half of his $42 billion portfolio invested in three dividend stocks through the Bill & Melinda Gates Foundation Trust: Microsoft, Canadian National Railway, and Caterpillar. While these stocks have provided dividend income and growth, it's important for investors to conduct their own research and consider other options before making investment decisions. Microsoft stands out for growth potential due to the rising adoption of generative AI, but its forward earnings multiple should be taken into account.

"Bill Gates' $42 Billion Portfolio: Top 3 Dividend Stocks Revealed"

Originally Published 1 year ago — by Yahoo Finance

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Source: Yahoo Finance

Billionaire Bill Gates has over half of his $42 billion portfolio invested in three dividend stocks: Microsoft, Canadian National Railway, and Caterpillar. These stocks make up 55.41% of the Bill & Melinda Gates Foundation Trust's total portfolio. While these stocks have provided dividend income, it's important for investors to conduct their own research and not solely rely on billionaire investors' holdings. Microsoft may offer growth potential due to the rising adoption of generative AI, but investors should consider other options for attractive dividends and value.

"Caterpillar Stock Reaches Record High on Strong Q4 Earnings"

Originally Published 1 year ago — by Yahoo Finance

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Source: Yahoo Finance

Caterpillar's stock is set to reach an all-time high after the company's fourth-quarter earnings beat Wall Street expectations, with a reported adjusted profit per share of $5.23 and a 13% increase in full-year sales and revenues. The company's strong performance is attributed to resilient demand, particularly in North America, despite declines in other regions. Analysts are optimistic about the company's outlook and are awaiting further insights from the ongoing earnings call.