Caterpillar Inc

Caterpillar, JetBlue fall; Uber, SunPower rise

August 2, 2022 GMT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:

Caterpillar Inc., down $11.35 to $183.51.

The construction equipment maker's second-quarter revenue fell short of Wall Street forecasts.

Caterpillar post strong Q2 profit as it raises prices

Associated PressAugust 2, 2022 GMT

DEERFIELD, Ill. (AP) — Caterpillar had a strong second quarter and topped most profit expectations with higher prices for machinery offsetting rising costs.

The manufacturer on Tuesday posted a quarterly profit of $1.67 billion, or $3.13.

Caterpillar: Q2 Earnings Snapshot

August 2, 2022 GMT

DEERFIELD, Ill. (AP) _ Caterpillar Inc. (CAT) on Tuesday reported second-quarter earnings of $1.67 billion.

On a per-share basis, the Deerfield, Illinois-based company said it had net income of $3.13.

Caterpillar moving its headquarters to Texas from Illinois

June 14, 2022 GMT

DEERFIELD, Ill. (AP) — Construction equipment manufacturer Caterpillar said Tuesday it is packing up its headquarters from its longtime home state of Illinois and moving to Texas.

Caterpillar sales surge in first quarter, but so do costs

By MICHELLE CHAPMANApril 28, 2022 GMT

Caterpillar's first-quarter sales climbed on strong demand for construction equipment despite supply chain challenges that continue to plague businesses ranging from car and phone makers to grocery stores.

Caterpillar: Q1 Earnings Snapshot

April 28, 2022 GMT

DEERFIELD, Ill. (AP) _ Caterpillar Inc. (CAT) on Thursday reported first-quarter earnings of $1.54 billion.

The Deerfield, Illinois-based company said it had profit of $2.86 per share. Earnings, adjusted for restructuring costs, came to $2.88 per share.

Resurgent demand drives Caterpillar sales in third quarter

By MICHELLE CHAPMANOctober 28, 2021 GMT

Bustling construction sites, active drilling for energy and re-engagement in mines and other heavy industries doubled third quarter profits at Caterpillar and drove sales up 25% as the global economy emerges from a pandemic.

Square, ON Semi rise; TG Therapeutics, Foot Locker fall

August 2, 2021 GMT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:

Square Inc., up $25.12 to $272.38.

The digital payments company is buying Afterpay in an all-stock deal valued at about $29 billion.

Former Peoria mayor, Jim Maloof, dies at 93

January 21, 2013 GMT

PEORIA, Ill. (AP) — A former three-term mayor of Peoria who led the central Illinois city through a difficult economic time has died at age 93.

Jim Maloof died Saturday at his home while surrounded by family in Peoria, his son Nick Maloof told The Associated Press.

Caterpillar taking charge for China mismanagement

January 18, 2013 GMT

PEORIA, Ill. (AP) — Caterpillar Inc. said Friday that it found deliberate "accounting misconduct" at a recently acquired company in China.

The U.S. based construction and mining equipment company has removed several managers at the company and will take a non-cash $580 million charge in the fourth quarter tied to the misconduct.