CHICAGO, May 20- Caterpillar Inc said late on Monday that it would resume contract talks with the union representing about 800 Milwaukee workers who make specialized mining machinery.» Read More
CHICAGO, May 20- Caterpillar Inc said late on Monday that it would resume contract talks with the union representing about 800 Milwaukee workers who make specialized mining machinery.
CHICAGO, May 20- Caterpillar Inc said on Monday that retail demand for its construction and mining equipment continued to be sluggish in April, though the sales picture appeared to be improving in almost every market outside North America. Latin America continued to be a bright spot for Caterpillar.
PEORIA, Ill.-- Caterpillar will pay $135 million less for a Chinese mining equipment company after uncovering dodgy accounting practices that inflated its value.
MADISON, Wis.-- Prosecutors announced Thursday they won't file charges against loggers whose equipment apparently started a massive wildfire in northwestern Wisconsin, concluding there was no criminal intent or negligence.
May 17- Caterpillar Inc has reached a deal to cut $135 million from the price owed for a Chinese mining equipment maker, after accounting irregularities were discovered at the acquired company that forced Caterpillar to take a $580 million impairment charge.
It would take a perfect storm, but there are worries the current economic boom for farmers could turn into a bust. The issue is how much debt farmers take on.
Deere reported higher earnings and forecast a record profit for the full year, even as it warned about "global financial pressures" and "adverse weather patterns."
BISMARCK, N.D.-- Bobcat Co. is investing $20 million in an expansion and renovations in Bismarck, about 3 1/ 2 years after closing its manufacturing plant and laying off nearly 500 workers.
NEW YORK, May 7- U.S. stocks advanced on Tuesday, with the S&P 500 extending its three-day rally to yet another intraday high, led by gains in the materials and energy sectors. Caterpillar Inc, the world's largest construction and mining equipment maker, was the Dow's biggest percentage gainer with its stock up 2.1 percent at $89.39.
May 5- Shares of the world's largest construction and mining equipment maker Caterpillar Inc look poised to rise as the economic recovery picks up, financial newspaper Barron's said on Sunday.
*Primark, Loblaw say will compensate victims' families. *Angry scenes as building owner brought to Dhaka court. With no hope left of finding further survivors, heavy machinery has been brought in to clear the mass of concrete and debris from the site in the commercial suburb of Savar, about 30 km from the capital Dhaka.
*Q1 mining orders down 30 pct for Sandvik, 18 pct for Metso. STOCKHOLM/ HELSINKI, April 23- A drop in orders for Nordic engineering firms Sandvik and Metso added to signs on Tuesday that mining companies are cutting back spending as commodity prices slide.
CHICAGO, April 22- An odd thing happened on Monday when Caterpillar Inc, the world's largest maker of earth-moving equipment, posted disappointing profits and cut its full-year forecast, blaming weakness in the mining industry it bet on so heavily in recent years. So what was different about Caterpillar?
CHICAGO, April 22- Caterpillar Inc posted disappointing quarterly results and cut its 2013 profit forecast on Monday to reflect a drop in demand for heavy equipment from its mining customers.
CHICAGO, April 22- Caterpillar Inc cut its full-year outlook for 2013 on Monday to reflect a drop in demand for heavy equipment from its mining customers.
Japan's machinery orders rose in February at the fastest pace since mid-2011 in a sign that capital expenditure could pick up this year as business confidence is boosted.
CHICAGO, April 5- Caterpillar Inc said on Friday it was laying off 460 workers at a U.S. plant that makes mining equipment. Caterpillar, which had already implemented temporary layoffs and line shutdowns as well as a shortened work week in Decatur, said the permanent layoffs were needed to "bring production in line with demand."
*South Africa is world's eighth largest wine producer. STELLENBOSCH, South Africa, March 26- At South Africa's Rostberg and Co., green bottles filled with a ruby liquid clink as they march along a conveyor belt, destined for wine-lovers from Paris to Shanghai.
SANTIAGO, March 23- A worker was crushed to death on Saturday in an accident at Chilean state miner Codelco's Radomiro Tomic open-pit mine, leading to the suspension of mining operations, a company spokeswoman said. Nelson Barria, 37, was working with heavy machinery when a sudden landslide buried him under rocks and earth.
*Analysts worry about Europe under-pricing. Feb 13- Deere& Co, the world's largest farm equipment maker, forecast a modest increase in sales for the year, disappointing investors who thought the prospect of a record U.S. corn crop would have meant better results. Deere cut its forecast for corn prices in 2013 to $5.25 per bushel from its earlier projection of $6.00.