Latest Articles
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Caterpillar’s Lower End User Sales Point To A Tough Second Quarter
Caterpillar (NYSE:CAT) recently reported that global sales by its dealers are continuing to fall, primarily due to weak demand from the mining sector. For the three months ended May 31, 2014, Caterpillar (CAT) reported that sales of mining machin...
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Caterpillar’s Strong Balance Sheet Will Enable It To Endure The Ongoing Mining Sector Weakness
Since the fourth quarter of 2012, Caterpillar (NYSE:CAT) has battled weak demand for machinery and equipment from the global mining sector. With mining companies cutting their costs and capital spending in an attempt to boost their profits and ca...
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Caterpillar Is Cutting Costs & Relying On Construction & Energy Businesses To Combat Mining Weakness
For over an year now Caterpillar (NYSE:CAT) has battled weak demand for machinery and equipment from the global mining sector. With mining companies cutting their costs and capital spending in an attempt to boost their profits and cash flows, sal...
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Caterpillar’s Net Rises As Cost Cuts & Construction Sales Growth Outweigh Mining Weakness
Caterpillar ‘s (NYSE:CAT) first quarter profits grew as gains from cost reduction measures and higher construction equipment sales more than offset the weakness from the global mining industry. The company’s earnings rose to $1.44 per...
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Cost Cuts Could Lift Caterpillar’s Earnings Despite Mining Weakness
Caterpillar (NYSE:CAT) will announce its first quarter results Thursday, April 24. The maker of construction, mining and power equipment is coming off a very challenging 2013 in which its revenues contracted by 16% annually to $55.7 billion and i...
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Caterpillar Intensifies Focus On Dealer Performance To Drive Results In A Tough Macro
Caterpillar (NYSE:CAT) dealer sales fell by 8% annually in January revealing an extended period of weakness in the company’s end markets, particularly mining. The company sells its products to its dealers who in turn sell them to end users ...
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Mining Sector Trends Pointing Towards A Recovery Are Good News For Caterpillar
Caterpillar ‘s (NYSE:CAT) 2013 results were severely impacted by mining sector weakness. The company’s revenues contracted by 16% annually to $55.7 billion due to reduced spending by mining companies on new machines and equipment purc...
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Caterpillar’s Results Clipped By Mining Weakness But Its Sales Will Likely Stabilize In 2014
Caterpillar ‘s (NYSE:CAT) revenues fell by 10% annually to $14.4 billion in the fourth quarter on continued weak demand for machinery and equipment from the global mining sector. However, the company’s fourth quarter earnings rose sha...
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Weak Mining Demand Will Continue To Dig In To Caterpillar’s Results
Caterpillar (NYSE:CAT) will announce its fourth quarter earnings Monday, January 27. The maker of mining, construction and power equipment will likely post significantly lower revenues due to weak demand from the global mining sector, which cons...
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Mining Weakness Could Persist To Weigh On Caterpillar’s Results In 2014
Caterpillar (NYSE:CAT) faced a very challenging 2013 due to weak global demand for mining machinery and equipment, which constitute around a third of the company’s business. In the first nine months of this year, the company’s sales f...
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Industrials Ready to Power Up?
Submitted by George Putnam, III as part of our contributors program . Industrials Ready to Power Up? As the stock market moves ever higher, I’m continuously looking for value stocks that have been left behind, perhaps erroneously. My lat...
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Caterpillar Is Cutting Costs In An Attempt To Protect Profits From Weak Demand
Caterpillar (NYSE:CAT) is facing a tough environment with significantly lower demand from the global mining industry. In its most recent dealer statistics, the company reported that sales of mining and construction machinery by its dealers fell b...
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Mining Sector Weakness Digs In To Caterpillar’s Earnings
Weak demand for mining machinery and equipment weighed on the third quarter results of Caterpillar (NYSE:CAT). The maker of construction, mining and power equipment saw its sales fall by $3 billion or 18% annually to $13.5 billion in the third q...
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Mining Sector Weakness Will Weigh On Caterpillar’s Q3 Results
Caterpillar (NYSE:CAT) will announce its third quarter earnings Wednesday, October 23. The maker of construction, mining and power equipment will likely post a sharp fall in sales and profits due to a combination of weak end-user demand from min...
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Caterpillar’s Lower End User Sales Point To A Tough Third Quarter
Caterpillar (NYSE:CAT) recently reported that global sales by its dealers declined year-over-year in the three months ended August 31, 2013. This fall in dealer sales was led by a 30% drop in mining and construction machinery sales from the Asia-...
