London-based Automata says its robot arm Eva is a more compact and affordable alternative to other machines in the market. » Read More
By: Thomas Franck
General Electric's latest annual update to shareholders justifies a below-consensus view on profit, according to J.P. Morgan's Stephen Tusa. » Read More
By: Michael Sheetz
Caterpillar shares slip slightly after Bloomberg reports the European Union is preparing to target the U.S. heavy machines builder with tariffs. » Read More
By: Thomas Franck
Caterpillar said that demand for its equipment in China declined in the fourth quarter, a bad omen for the global economy. » Read More
Caterpillar reports disappointing quarterly earnings but revenue exceeds expectations.
Jim Cramer and technician Tim Collins survey the stock charts of industrial giant Caterpillar, which has become something of a proxy for progress in the U.S.-China trade war.
Mujin, a start-up spun out of Tokyo University, has developed industrial robots that can fully automate warehouses and fulfillment centers. After doing this for JD.com in China, it plans to enter the U.S. marketplace.
Shares of Caterpillar plunge after the company gave disappointing 2018 guidance and management pointed out costs were rising because of tariffs.
IBM has secured a patent for a "coffee drone" — it not only delivers you coffee but can predict when you need the next cup, USA Today reports.
Deere reported weaker-than-expected earnings on Friday as rising costs take a bite out of the tractor company's bottom line.
"Caterpillar's monthly retail sales growth is beginning to slow, and appears to be past its peak," Bank of America says.
The machinery manufacturer also raises its 2018 profit outlook by $2 a share over the previous quarter.
President Trump says he is a champion of manufacturing, but his steel tariff plan is worrying Wall Street.
U.S. tractor maker Deere said on Friday net sales and revenues rose 23 percent year-on-year to $6.91 billion in the quarter ending Jan. 28.
Following a strong earnings report last quarter, Caterpillar's year-over-year revenue growth is expected to surge more than 25 percent.
Shares of Caterpillar rise after J.P. Morgan upgrades the stock, citing another strong year ahead.
United Tech reported a 7.8 percent drop in profit on Tuesday, partly as it spends on increasing production of its fuel-saving geared turbofan aircraft engines.
Japan's October core machinery orders rose for the first time in three months to beat expectations.
Japan's core machinery orders fell 2.2 percent in August from the previous month, in a sign of fragility in capital expenditure.
Japan's core machinery orders rose 8.3 percent in June from the previous month, in a sign that capital expenditure was starting to recover.