+Vote!
People Daily (Free subscription) | 09/05/2008
Chinese economy just slows down in some separate aspects, and Caterpillar doesn't get affected, said CEO of Caterpillar Inc. James Owens recently, according to International Finance News. The company will invest 20 million USD to establish a multifunctional research and development center in Wuxi, east China's Jiangsu Province, accroding to James Owens. The project of the center...
1Vote!
Sify (Free subscription) | 09/05/2008
... citing weak demand in Western Europe and North America. Top drags included economic bellwethers Caterpillar Inc and General Electric. Financial stocks were also hammered, after Bill Gross, the manager of the world's biggest bond fund, Pimco, said that to halt what he called "a financial tsunami" the U.S. government should give the Treasury the right to buy debt and other assets. Gross said...
+Vote!
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... employers slashed 33,000 jobs in August.Top drags included shares of economic bellwethers such as Caterpillar Inc , down more than 5 percent, and Boeing , whose stock slid more than 4 percent after the plane maker's largest labor union said its members had rejected the company's contract offer and voted to strike."The job market has been just a slow drip of bad news," said John Augustine,...
+Vote!
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... employers slashed 33,000 jobs in August.Top drags included shares of economic bellwethers such as Caterpillar Inc , down more than 5 percent, and Boeing , whose stock slid more than 4 percent after the plane maker's largest labor union said its members had rejected the company's contract offer and voted to strike."The job market has been just a slow drip of bad news," said John Augustine,...
14Vote!
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... citing weak demand in Western Europe and North America. Top drags included economic bellwethers Caterpillar Inc and General Electric .Financial stocks were also hammered, after Bill Gross, the manager of the world's biggest bond fund, Pimco, said that to halt what he called "a financial tsunami" the U.S. government should give the Treasury the right to buy debt and other assets. Gross said...
+Vote!
MarketBeat (Free subscription) | 09/04/2008
... its 2007 sales from overseas, according to UBS analysts. Falling alongside Terex was Dow component Caterpillar Inc., which had 56% of its 2007 sales come from overseas, UBS said. “Overseas growth is slowing, and it’s hurting demand for construction, hurting their margins,” says Malcolm Polley, chief investment officer at Stewart Capital Advisors. Terex shares lost 21% after the heavy...
+Vote!
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... sending its shares down almost 20 percent to $38.05.Other top drags included economic bellwethers Caterpillar Inc , down more than 5 percent, and Boeing , whose stock slid more than 4 percent after the plane maker's largest labor union said its members had rejected the company's contract offer and voted to strike."It's definitely fear of an economic downturn that's hurting us today," said...
+Vote!
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... sending its shares down almost 20 percent to $38.05.Other top drags included economic bellwethers Caterpillar Inc , down more than 5 percent, and Boeing , whose stock slid more than 4 percent after the plane maker's largest labor union said its members had rejected the company's contract offer and voted to strike."It's definitely fear of an economic downturn that's hurting us today," said...
+Vote!
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... that sluggish growth was emerging abroad.Top drags included shares of economic bellwethers such as Caterpillar Inc , down more than 5 percent at $63.98, and Boeing , whose stock slid nearly 4 percent after the plane maker's largest labor union said its members had rejected the company's contract offer and voted to strike.The Dow Jones industrial average <.DJI> tumbled 248.57 points, or 2.16...
+Vote!
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... August nonfarm payrolls report.Market drags included shares of economic bellwethers such as Caterpillar Inc , down almost 6 percent at $63.70.The Dow Jones industrial average <.DJI> was down 225.20 points, or 1.95 percent, at 11,307.68. The Standard & Poor's 500 Index <.SPX> was down 20.94 points, or 1.64 percent, at 1,254.04. The Nasdaq Composite Index <.IXIC> was down 40.40 points, or...
+Vote!
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... slashed 33,000 jobs in August.Market drags included shares of economic bellwethers such as Caterpillar Inc , down more than 4 percent at $64.99, and Boeing , whose stock slid 2.3 percent to $64.56 after the plane maker's largest labor union said its members had rejected the company's contract offer and voted to strike.The economic data was all the more unnerving for investors as it came...
+Vote!
The Earth Times Online Newspaper (Free subscription) | 09/05/2008
Washington - US stocks posted sharp losses on Thursday as oil prices continued to fall and weekly jobless numbers sparked wider concerns about the state of employment in a sluggish US economy. The job fears came ahead of monthly unemployment figures due out on Friday, and dragged down shares in Caterpillar Inc and United Technologies Corp among others. Analysts surveyed by Bloomberg News predicted...
1Vote!
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... America. Its shares tumbled 21 percent to $37.36.Other top drags included economic bellwethers Caterpillar Inc and General Electric ."It's definitely fear of an economic downturn that's hurting us today," said Jack Ablin, chief investment officer at Harris Private Bank in Chicago. "The economic data and the downbeat forecasts from management don't lend a lot of confidence to the economic...
1Vote!
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... America. Its shares tumbled 21 percent to $37.36.Other top drags included economic bellwethers Caterpillar Inc and General Electric ."It's definitely fear of an economic downturn that's hurting us today," said Jack Ablin, chief investment officer at Harris Private Bank in Chicago. "The economic data and the downbeat forecasts from management don't lend a lot of confidence to the economic...
1Vote!
The Earth Times Online Newspaper (Free subscription) | 09/04/2008
... America. Its shares tumbled 21 percent to $37.36.Other top drags included economic bellwethers Caterpillar Inc and General Electric ."It's definitely fear of an economic downturn that's hurting us today," said Jack Ablin, chief investment officer at Harris Private Bank in Chicago. "The economic data and the downbeat forecasts from management don't lend a lot of confidence to the economic...
