Showing posts with label Caterpillar. Show all posts
Showing posts with label Caterpillar. Show all posts

Sunday, 22 July 2007

Japan's Nikkei 225 Average, Topix Falls; Exporters Drop on U.S. Earnings

(Bloomberg) -- Japanese shares dropped, paced by
companies that rely on the U.S. market, after Caterpillar Inc.
said its profit dropped on lower North American sales. Exporters
such as Honda Motor Co. and Komatsu Ltd. declined.

Investors also refrained from betting heavily on stocks
before the upper house election, which will be held on July 29.
The Nikkei newspaper reported yesterday Japan's ruling coalition
may lose its majority in the election, citing its own poll.


Read more at Bloomberg Stocks News

Friday, 20 July 2007

Canadian Stocks Fall, Led by Biovail, as Drug Rejected; Energy Stocks Slip

(Bloomberg) -- Canada's main stock index fell from a
record, led by Biovail Corp., after regulators rejected the
drugmaker's application for approval of an antidepressant and U.S.
companies reported profits below analysts' estimates.

Google Inc., the Internet search engine owner, posted profit
excluding some items of $3.56 a share, a penny short of analyst
estimates in a Bloomberg survey. Caterpillar Inc., the world's
largest maker of earthmoving machines, said earnings dropped
because of falling demand for truck engines.


Read more at Bloomberg Stocks News

European shares extend losses as Wall St drops

(Reuters) - European shares extended losses on Friday as U.S. markets started trading lower, weighed down by disappointing results from Caterpillar Inc. and Google.

By 1407 GMT, the pan-European FTSEurofirst 300 index was down 0.8 percent at 1,605.9 points.


Read more at Reuters Africa

U.S. Stocks Retreat After Google Earnings Miss Estimates; Microsoft Drops

(Bloomberg) -- U.S. stocks retreated after Google
Inc. posted profit below analysts' estimates and Microsoft
Corp. said Xbox sales fell short of its own forecast.

Google, the most-popular Internet search engine, and
Microsoft, the biggest software maker, led the Standard &
Poor's 500 Index down from a record. Caterpillar Inc. declined
after the largest maker of earthmoving machines said profit
dropped due to the housing slump. Its shares pushed the Dow
Jones Industrial Average lower a day after it closed above
14,000 for the first time.


Read more at Bloomberg Stocks News

US STOCKS-Futures fall as key earnings disappoint

(Reuters) - NEW YORK, July 20 - U.S. stock index futures fell
on Friday, with the Dow poised to be knocked back below its
14,000 milestone, after bellwether stocks Caterpillar Inc.
and Google Inc posted disappointing earnings.




Caterpillar, the maker of heavy construction equipment,
said quarterly earnings fell more than expected due to a sharp
drop in sales of diesel truck engines and weakness in North
American construction. For details, see [ID:nL20191126].


Read more at Reuters.com Bonds News

US STOCKS-Futures extend losses on Caterpillar results

(Reuters) - S&P 500 futures were down 1.9 points, below fair
value, a mathematical formula that evaluates pricing by taking
into account interest rates, dividends and time to expiration
on the contract.




Dow Jones industrial average futures dropped 22
points on the Caterpillar news. Nasdaq 100 futures were
down 36 points.


Read more at Reuters.com Bonds News

UPDATE 1-Caterpillar net drops, calls results disappointing

(Reuters) - The results, which the company called disappointing, sent
Caterpillar shares down 5.3 percent in premarket electronic
trading and weighed on the whole market.




Caterpillar said its second-quarter net profit fell 21
percent to $823 million, or $1.24 a share, from $1.05 billion,
or $1.52 a share, a year earlier.


Read more at Reuters.com Market News

U.S. Stock-Index Futures Are Little Changed; Google Falls, SanDisk Gains

(Bloomberg) -- U.S. stock-index futures were little
changed before Citigroup Inc., the world's biggest financial-
services firm, and Caterpillar Inc., the world's largest maker of
earthmoving equipment, report quarterly earnings.

Citigroup and Caterpillar shares declined in Europe. Google
Inc. tumbled after rising costs at the world's most-popular
Internet-search engine caused second-quarter profit to miss
analysts' estimates. Schlumberger Ltd., the world's largest
oilfield-services provider, advanced after its earnings beat
analysts' estimates.


Read more at Bloomberg Stocks News

U.S. Stock-Index Futures Are Little Changed; Google Tumbles in Europe

(Bloomberg) -- U.S. stock-index futures were little
changed before Citigroup Inc., the world's biggest financial-
services firm, reports quarterly earnings.

Citigroup shares fell in Europe. Caterpillar Inc., the
world's biggest maker of earthmoving equipment, dropped before
posting earnings. Google Inc. tumbled after rising costs at the
world's most-popular Internet-search engine caused second-quarter
profit to miss analysts' estimates.


Read more at Bloomberg Stocks News

Wednesday, 11 July 2007

US STOCKS-Wall St gains, sidesteps subprime worries

(Reuters) - NEW YORK, July 11 - U.S. stocks rose on Wednesday
after a sharp decline in the prior session as investors hedged
their bets about the impact of a worsening crisis in the
subprime mortgage industry.




Shares of big manufacturers were among gainers, with
Caterpillar Inc. and Honeywell International
rising about 1 percent.


Read more at Reuters.com Bonds News

Monday, 02 July 2007

US STOCKS-Wall St gains on data, takeover news

(Reuters) - NEW YORK, July 2 - U.S. stocks rose on Monday,
lifted by takeover news and data showing stronger manufacturing
growth in June even as price pressures eased.




As the data reassured investors about the economy, shares
of large industrial companies such as Caterpillar Inc.
and Honeywell International gained.


Read more at Reuters.com Bonds News