Even with some crop prices trending higher, the worst of the agricultural downturn may be far from over for Deere.
SEOUL, May 18- South Korea's Hotel Lotte Co Ltd plans a share sale worth up to 5.7 trillion won next month, sources said on Wednesday, in what would be the world's biggest initial public offering since late 2015.. The sprawling Lotte Group said last year it would list Hotel Lotte, which includes the third-largest global duty-free retail chain, as part of efforts to...
SEOUL, May 18- South Korea's Hotel Lotte Co Ltd plans to raise up to 5.7 trillion won next month, sources with direct knowledge of the matter said on Wednesday, in what would be the world's biggest initial public offering since late 2015.. The sprawling Lotte Group announced last year it would list Hotel Lotte, which includes the third-largest global duty-free...
*China's economy shows signs of a pick up. BEIJING/ SINGAPORE, April 25- Caterpillar Inc, the world's largest maker of heavy equipment, has raised hopes that China's battered construction sector may be showing signs of life, pointing to its strongest post-holiday period in three years after a government boost. Ahead of a key week for the heavy equipment sector, with...
Caterpillar now expects 2016 earnings per share at $3.00, or $3.70 per share excluding restructuring costs. The previous forecast was $3.50 per share, or $4.00 per share, excluding restructuring costs. The company also trimmed it its 2016 sales outlook range to $40 billion to $42 billion against a previously forecast $40 billion to $44 billion.
CNBC "Halftime Report" investor Stephanie Link likes an industrial stock.
Caterpillar revenue slumped 23 percent as weak commodity prices and slowing economic growth in developing countries hit demand for its products.
The construction and mining equipment company saw retail sales of machinery fall for the quarter ended in December.
CNBC's Rick Santelli and Rebecca Corbin of Corbin Perception discuss a wall of worry surrounding the industrial sector and what to expect later this year.
Deere posted a sharp drop in earnings on Wednesday and forecast a further slump in agriculture and construction equipment sales in its new year.
CNBC's Rick Santelli reports the read on construction spending data from September, and the ISM manufacturing index.
South Korea's beef imports have soared as consumers balk at paying record levels for prized local Hanwoo meat.
Caterpillar ends its outsourcing deal with Navistar.
Caterpillar CEO Doug Oberhelman, discusses the company's quarterly results, buyback program and finding growth opportunities in infrastructure.
New Zealand's Fonterra is cutting jobs in an effort to shore up its cash flows amid a slump in global dairy demand, particularly from No. 1 buyer China.
Nicholas Pinchuk, Snap-On chairman & CEO, discusses how the high-end tools and equipment maker is expanding its brand.
Colin Evran, Yard Club CEO, discusses how his startup is helping contractors connect with heavy equipment owners through the online marketplace.
Japan's machinery orders rose 2.9 percent on month in March, slightly better than the 1.8 percent forecast from a Reuters poll of economists.
Doug Oberhelman, Caterpillar chairman & CEO, discusses the company's quarterly results, and how a strong U.S. dollar is impacting the top and bottom line.
Chinese construction machinery makers are opening banks, designing tractors and abandoning core business deals to diversify and stay profitable.