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Category Archives: Caterpillar Inc.

Intel CEO Resigns From Trump Manufacturing Council Over “Divided Political Climate”

The CEOs on President Trump's Manufacturing Council are dropping like flies as they realize, one by one, this weekend's media mayhem surrounding Trump's comments about the chaos in Charlotteville is the perfect excuse to detach from the Trump bandwagon. Following Merck's Ken Frazier and Under Armour's Kevin Plank, Intel CEO Bryan Krzanich chose to resign […]

Small Town Suburbia Faces Dire Financial Crisis As Companies, Millennials Flee To Big Cities

College graduates and other young Americans are increasingly clustering in urban centers like New York City, Chicago and Boston. And now, American companies are starting to follow them. Companies looking to appeal to, and be near, young professionals versed in the world of e-commerce, software analytics, digital engineering, marketing and finance are flocking to cities. […]

American Jobs Once Again Flowing Into Mexico After Brief, Trump-Induced Pause

After Ford scrapped plans for a new facility in Mexico and continues to flood the White House with press releases detailing normal course capital expenditures to be made on domestic plants, investments that would have been made irrespective of their outsourcing ambitions, it seems as though economics are making a comeback in  guiding the capital […]

“I’m Sorry We Had To Experience This Today”: Caterpillar CEO Apologizes Over Shock Raid

The market was caught offguard by yesterday’s dramatic raid of three Caterpillar offices, including its Peoria Headquarters, which reportedly included agents from the IRS, FDIC and Commerce Department, and sent the stock tumbling by the most in over half a year. The raid took place just one week after former CAT CEO Doug Oberhelman met […]

Federal Officials Are Searching Caterpillar’s Corporate Headquarters; Stock Plunges

According to the Journal Star, Federal officials have executed search warrants at three Caterpillar, Inc. facilities in the Tri-County Area — including the corporate headquarters — Thursday morning. Company officials confirmed the presence in a statement without specifying which agency was performing the search or what the search was in regard to. A spokeswoman declined […]

Caterpillar (NYSE: CAT) Stock Price Today Falls to Five-Year Low

wallstreetexaminer.com / by Diane Alter / September 25, 2015 The Caterpillar Inc. (NYSE: CAT) stock price today (Friday) fell another 1% to $65.12, which is a five-year low for the stock. After falling 8% intraday Thursday, CAT shares ended Thursday down 6.3% at $65.80. CAT stock fell after the company slashed its full-year revenue forecast and announced massive […]