CARSON CITY, Nev.— The Nevada Assembly on Thursday passed a partisan bill loathed by Democrats that suspends a requirement to pay prevailing wage rates on school construction projects. "There is nothing in this bill that protects Nevada workers," Assembly Minority Leader Marilyn Kirkpatrick said on the Assembly floor. Assemblyman Pat Hickey, R- Reno, said the bill...» Read More
PALMDALE, Calif., Nov 21- Lockheed Martin Corp expects to reach an agreement next year with a launch customer for a giant new hybrid airship that would revolutionize the way oil and mining companies haul equipment to the Arctic and other remote areas without roads. The initial version of the airship, filled mostly with helium, would carry 20 tons of cargo, but could...
*Sept core machinery orders +2.9 pct vs f'cast -1.9 pct. TOKYO, Nov 13- Japan's core machinery orders unexpectedly rose for the fourth straight month in September and manufacturers grew more confident this month, suggesting the economy may be finally starting to gather speed after the hit from an April sales tax hike. Thursday's data also offered an encouraging...
Oct 31- Construction equipment company Caterpillar Inc on Friday said the U.S. Securities and Exchange Commission is investigating how it accounted for its July 2011 purchase of Bucyrus International Inc.. In its quarterly report, Caterpillar said the Sept. 10 subpoena from the SEC seeks information about its accounting for goodwill relating to the $7.6...
WASHINGTON, Oct 23- New claims for U.S. unemployment benefits held below 300,000 for a sixth straight week last week, suggesting the labor market was shrugging off jitters over a slowing global economy. Weakening growth in China and the euro zone, however, appears to be impacting the manufacturing sector, with other data on Thursday showing factory activity at a...
Shares of both Caterpillar Inc and 3 M Co rose following their results, with heavy machinery maker Caterpillar also raising its full-year profit view. Caterpillar was up 4.2 percent at $98.31 while 3 M added 4.3 percent to $144.95. "It's good to see good numbers in any company, but if we're looking at headwinds like currency and slowing global growth, seeing...
Both Caterpillar Inc and 3 M Co rose in premarket trading following their results, with heavy machinery maker Caterpillar also raising its full-year profit view. Shares of Caterpillar rose 3.6 percent to $97.98 while 3 M added 2.1 percent to $141.80. General Motors Co gained 2.9 percent to $32.23 following its results..
NEW YORK, Oct 23- Dow component Caterpillar Inc was among Thursday's biggest premarket movers, with the heavy machinery maker up on heavy volume following its results. Caterpillar also said that its expectations for 2014 earnings continued to improve. In the broader market, U.S. stock index futures were higher, adding to earlier gains on Caterpillar's results.
Sept 23- Deere& Co, the world's largest farm equipment maker, said it was exploring strategic options for its low-margin crop insurance business and had hired Citigroup as its adviser.
CNBC's Sara Eisen speaks to Samuel Allen, Deere & Company chairman & CEO, about the company's R&D spending and new product lines, including the use of new technology to improve yield.
CNBC's Sara Eisen speaks to Samuel Allen, Deere & Company chairman & CEO, about the overall U.S. economy, America's competitive status and the housing recovery.
Farmers and analysts say the elimination of government incentives to buy new equipment, a related overhang of used tractors, and a reduced commitment to biofuels, all darken the outlook for the sector beyond 2019- the year the U.S. Department of Agriculture says farm incomes will begin to rise again.
Discussing the quarterly earnings of Deere & Company and the fundamentals of the farm sector, with Eli Lustgarten, Longbow Research senior analyst.
CNBC's Kayla Tausche discusses the government's "bonus depreciation" program that allowed industrial companies to write off up to half the value of new equipment.
The "Squawk on the Street" news team discusses the fiscal Q3 earnings of Deere & Company and the farm economy.
Breaking down Caterpillar's Q1 earnings beat aided by cost cuts in is mining equipment business, with Ann Duignan, JPMorgan machinery & multi-industry analyst.
Despite a slowdown in CAT's mining equipment business, CNBC's Jim Cramer says U.S. construction is back big, as he breaks down Caterpillar's Q1 earnings that exceeded the Street's forecast.
Andy Kaplowitz, Barclays analyst, Eli Lustgarten, Longbow Research senior research analyst, discuss Caterpillar's big buyback and positive quarterly results based on better-than-expected guidance.
Deere reported earnings and revenue that beat market expectations on Wednesday, strengthened by the farm industry in the Americas. Shares gained.
The Supreme Court on Monday strikes down an appeals court ruling that favored consumers who bought Sears front-loading washing machines.
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.