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George Moubayed Appointed Chief Sustainability & Strategy Officer At Caterpillar – $CAT $DIA $SPY $LTRN $INDP

Reportedly, Caterpillar, Inc. (CAT) is unveiling a leadership transition as George Moubayed, presently the Senior Vice President of the Enterprise Strategy Division, is slated to assume the role of Chief Sustainability and Strategy Officer, effective January 1, 2024. In this capacity...

Caterpillar Surpasses Expectations With Record Stock Surge & Resilient Demand – $CAT $DIA $SPY $LTRN

As per reports, Caterpillar, Inc. (CAT) witnessed a notable increase in its stock prices, reaching a record high. Despite worries about a potential global economic slowdown, the company managed to exceed investors' expectations by reporting a profit that surpassed predictions. The company foresees a...

Caterpillar Inc. To Announce Q1 2023 Results & Host Conference Call – $CAT $DIA

As per reports, on April 27th, 2023 at 5:30 a.m. CDT, Caterpillar, Inc. (CAT) will announce its financial results for the first quarter of 2023. The announcement will be posted on the company's website, investors.caterpillar.com/financials/quarterly-results. Caterpillar will also host a conference c...

Caterpillar Workers Avoid Strike By Approving 6-Year Labor Contract – $CAT $DIA $INVO

Reportedly, the United Auto Workers (UAW) union has announced that workers at four local Caterpillar (CAT) chapters have agreed and voted in favor of a new six-year labor contract, avoiding a potential strike at the largest construction equipment manufacturer in the world. The new agreement applies ...

Caterpillar Announces Terms & Benefits On Its Renewed Labor Agreement To Be Voted On March 12- $CAT $DIA $INVO

Reportedly, Caterpillar, Inc. (CAT) workers are scheduled to vote on a tentative agreement with the company on March 12. The company informed that it had reached a six-year agreement with UAW members, warding off a strike at three central Illinois manufacturing facilities and a parts and distributio...

Caterpillar’s CFO To Participate At Evercore ISI Industrial Conference On March 8 – $CAT $DIA $INVO

Reportedly, Caterpillar, Inc.'s (CAT) Chief Financial Officer Andrew Bonfield is to participate in a fireside chat at the 15th annual Evercore ISI Industrial Conference on Wednesday, March 8, 2023.  The webcast can be reached at https://wsw.com/webcast/evercore33/cat/2146200. The CFO, Mr. Bonfie...

Caterpillar Adds Judith Marks & James Fish, Jr. To The Board – $CAT $DIA $WM $ATOS

As per reports, Caterpillar, Inc. (CAT) announced the appointment of Judith Marks, Chair, CEO and President of Otis Worldwide Corporation, and James Fish, Jr., President and CEO of Waste Management (WM),  to the Caterpillar board of directors, effective March 1, 2023. Marks will serve on Caterpill...

Caterpillar Names Dr. Lou Balmer-Millar As Its Chief Sustainability Officer – $CAT $DIA $INVO

As per reports, Caterpillar Inc.'s (CAT) Dr. Lou Balmer-Millar will now also lead as the Chief Sustainability Officer in addition to her current responsibility as Senior VP of the Large Power Systems Division within the Energy and Transportation segment. Balmer-Millar will succeed Julie Lagacy, who ...

Caterpillar Announces Quarterly Dividend Date – $CAT $DIA $INVO

Reportedly, the Board of Caterpillar, Inc. (CAT) is to pay a quarterly dividend of one dollar and twenty cents ($1.20) per share of common stock, payable on February 17, 2023. The dividend is payable to shareholders as of January 20, 2023.    Dow 30 Component Caterpillar, Inc. (CAT) is the...

Caterpillar Completes Successful Demonstration Of First Battery Electric Truck On 7-kilometer Course – $CAT $DIA $ATOS $INVO

Reportedly, Caterpillar, Inc. (CAT) announced a successful showing of 793 large mining trucks, their first battery electric powered mining trucks, and additionally announced a significant investment to transform its Arizona-based proving ground into a sustainable testing and validation hub of the fu...

Caterpillar Foundation Raises Record $13.8M To Serve Communities – $CAT $DIA $INVO

Reportedly, Caterpillar Inc. (CAT) retirees and employees together with the philanthropic organization, Caterpillar Foundation, have raised more than $13.8 million to the United Way chapters across Mexico, the United States, Canada, and Panama as part of its 2022-2023 campaign, to serve communitie...

World’s Chief Manufacturer of Diesel Engines Caterpillar Recently Reported Strong Quarterly Earnings – $CAT $DIA $ATOS $INVO

As per reports, Caterpillar, Inc. (CAT) recently reported strong profit and revenue due to price increases and strong order activity from energy and mining customers. The heavy equipment maker reported a net income increase of $2.04 billion, exceeding analysts' estimates of $1.68 billion. Caterpilla...

World’s Chief Manufacturer of Natural Gas Engines Caterpillar Waives Retirement Policy – Jim Umpleby To Continue As CEO – $CAT $DIA $ATOS $INVO

As per reports, Caterpillar, Inc.s (CAT) board have waived the policy requiring Chairman and CEO Jim Umpleby to retire at age of 65. The heavy machinery maker follows Target Corp, which last month waived its retirement policy allowing CEO Brian Cornell to lead. Umpleby, 64, assumed Caterpillar's ch...

Caterpillar To Host Third Quarter Earnings Call

Reportedly, Caterpillar, Inc. (CAT) is to release its third-quarter 2022 financial results at 5:30 a.m. CDT on Thursday, October 27. Interested parties can view the same on the website. A real-time, listen-only teleconference and webcast of the quarterly results will begin at 7:30 a.m. CDT on Thursd...

Caterpillar To Pay Quarterly Dividend On Nov 18 – $CAT $DIA $INVO

As per reports, the Board of Caterpillar, Inc. (CAT) announced a quarterly common stock dividend of  $1.20 per share payable to stockholders as of October 24, 2022. The dividend is payable on November 18, 2022.   Dow 30 Component Caterpillar, Inc. (CAT) is the world’s chief manufacturer ...

Caterpillar Misses Quarterly Estimates Amid Supply Chain Issues & Russia-Ukraine Conflict – $CAT $DIA

Reportedly, Caterpillar, Inc. (CAT) missed quarterly estimates reportedly due to supply-chain issues and suspension of its Russia operations, while its operating margin shrank owing to elevated freight and labor costs. Sales in Europe, Africa, and Middle East regions fell about 3% to about $3 billio...

Caterpillar Enters Multi-Year Global Sponsorship With NHL – $CAT $DIA

As per reports, Caterpillar, Inc. (CAT) has been announced as the Official Heavy Equipment and Industrial Power Sponsor of the National Hockey League (NHL), beginning in the 2022-23 NHL Season. The NHL and Caterpillar announced a multi-year global sponsorship focussing on recognizing the people who ...

Caterpillar Announces Relocation Of Its Global Headquarters To Texas- $CAT $DIA

Reportedly, Caterpillar Inc. (CAT) announced their plans to move its global headquarters to the company's existing office in Irving, Texas, from its current location in Deerfield, Illinois. The company will begin transitioning its headquarters to Irving in 2022. "We believe it's in the best stra...

Caterpillar Announces Dividend Increase Payable August 19, 2022 – $CAT $DIA

Reportedly, the Board of Caterpillar, Inc. (CAT) announced an increase in the quarterly cash dividend by nine cents, an 8% increase, to one dollar and twenty cents ($1.20) per share of common stock. The dividend is payable on August 19, 2022, to shareholders of record at the close of business on Jul...

Caterpillar Enters Sponsorship Deal With MLS, America’s Fastest Growing Sports League- $CAT $DIA

As per reports, Caterpillar, Inc. (CAT) has entered a multi-year sponsorship with North America's fastest growing sports League, the Major League Soccer (MLS). The sponsorship is aimed to boost the Caterpillar brand exposure to a more diverse audience in the United States and Canada and also engage ...

Caterpillar Releases Its 2021 Diversity & Inclusion Report – $CAT $DIA

As per reports, Caterpillar, Inc. (CAT) has released its 2021 Diversity & Inclusion Report and a new diversity and inclusion website that reflects the company's strong focus on continuing to build a rich culture of inclusion. "The competitive advantage of a diverse team and inclusive culture...

Caterpillar Highlights Progress Via 2021 Sustainability Report – $DIA $CAT

Reportedly, Caterpillar, Inc. (CAT) released its Sustainability Report describing the company's progress helping customers build a better, more sustainable world. The 2021 Sustainability Report outlines Caterpillar's approach to environmental, social and governance (ESG) issues. The report also lays...

Caterpillar Announces Acquisition Of EaaS Company, Tangent Energy Solutions- $CAT $DIA

Reportedly, Caterpillar, Inc. (CAT) has acquired a U.S.-based energy-as-a-service company, Tangent Energy Solutions, headquartered in Kennett Square, Pennsylvania. Tangent Energy offers customers turnkey solutions for reducing energy costs, increasing energy efficiency, reducing emissions, monetizin...

Caterpillar’s Chairman & CEO Jim Umpleby To Discuss Enterprise Strategy – $CAT $DIA

Reportedly, Caterpillar, Inc. (CAT) is scheduled to host a video webcast of its Investor Day on Tuesday, May 17, 2022, beginning at 10:25 a.m. CDT. Caterpillar Chairman and CEO Jim Umpleby and members of the company's Executive Office will discuss Caterpillar's enterprise strategy for profitable gro...

Caterpillar To Conduct Virtual Annual Shareholders Meet On June 8 – $CAT $DIA

As per reports, Caterpillar, Inc. (CAT) plans to conduct its virtual annual shareholder meeting at 8 a.m. (CDT) on Wednesday, June 8, 2022. Common Stockholders as of April 13, 2022, are entitled to participate, vote, and submit questions at the meeting.   Dow 30 Component Caterpillar, Inc. ...

14.3% Rise In Quarterly Revenue For Caterpillar – $CAT $DIA

Reportedly, Caterpillar, Inc. (CAT)  enjoys a 14.3% rise in first-quarter revenue pushed by higher construction activity and a rise in commodity prices. Strong demand allowed the company to raise prices, protecting its margins, even though the company has been weighed down by production delays due ...

Caterpillar Announces Q1 Earnings Release Thursday, April 28

As per reports, Caterpillar, Inc. (CAT) is to release first-quarter 2022 financial results at 5:30 a.m. CDT on Thursday, April 28. The release can be reached at investors.caterpillar.com/financials/quarterly-results.   Dow 30 Component Caterpillar, Inc. (CAT) is the world’s chief manufact...

Caterpillar To Pay Quarterly Dividend On May 20 – $CAT $DIA

Reportedly, the board of Caterpillar, Inc. (CAT) has confirmed that they will maintain a quarterly dividend of $1.11 per share of common stock, payable May 20, 2022, to shareholders of record at the close of business on April 25, 2022.   Dow 30 Component Caterpillar, Inc. (CAT) is the world...

Caterpillar Suspends Operations In Its Russian Manufacturing Facilities – $CAT $DIA

As per reports, Caterpillar, Inc. (CAT) is suspending operations in its manufacturing facilities in Russia, joining increasingly long list of the companies that have halted business in the country after the invasion of Ukraine. "Operations in Russia have become increasingly challenging, including ...

Caterpillar’s Q4 Earnings Beat Amid Sustained Heavy Machinery Demand – $CAT $DIA

Reportedly, Caterpillar, Inc. (CAT) beat fourth-quarterly revenue estimates boosted by the sustained demand for its heavy machinery and construction equipment as global economic activity recovers from pandemic lows. The company's decision to raise equipment prices leveled the impact of global supply...

Caterpillar Schedules Q4 & Full-Year 2021 Earnings Release On Jan 28 – $CAT

Reportedly, Caterpillar, Inc. (CAT) is to release its fourth-quarter and full-year 2021 financial results at 5:30 a.m. CST on Friday, January 28, followed by a real-time, listen-only teleconference and webcast with the investment community at 7:30 a.m. CST.  The call can be reached in real-time at ...

Caterpillar To Pay Quarter Dividend On Feb 18

Reportedly, the board of directors of Caterpillar, Inc. (CAT) has approved a quarterly dividend of one dollar and eleven cents ($1.11) per share of common stock. The dividend is payable on February 18, 2022, to shareholders as of January 20, 2022. The company paid a cash dividend every year since th...

Caterpillar & Microsoft Team Up For A Project Using Hydrogen Fuel Cell Technology

Reportedly, Caterpillar Inc. (CAT) entered a three-year project through a collaboration with Microsoft (MSFT) and Ballard Power Systems (BLDP) to demonstrate a power system incorporating large-format hydrogen fuel cells to produce sustainable and reliable backup power for Microsoft data centers. Par...

Caterpillar Beats Q3 Earnings Estimates – See Increased Demand From Mining & Construction Sectors

Dow 30 component, Caterpillar, Inc. (CAT) reported strong third-quarter earnings, which exceeded analysts’ expectations as demand for heavy machinery across the construction and mining sectors outweighed concerns of ongoing supply-chain hangups. The company reported adjusted quarterly profit of $2...

Caterpillar CEO

Caterpillar CEO Reveals Shortage of Suppliers’ Workers Increasing Supply-Chain Delays

As per reports, Caterpillar, Inc. (CAT) is having a tough time getting the materials it needs from suppliers facing labor crunch, adding another hurdle for the machinery maker that is already amid a global chip shortfall. The delays may keep it from fully meeting demand this year. Chief Executive Of...

Hydrogen Trial Projects

Chevron, Caterpillar Entered Collaboration Agreement To Develop Hydrogen Trial Projects In Stationary Power Applications – $CAT $CVX

Reportedly, Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (CVX), and Caterpillar Inc. (CAT) have entered a collaboration agreement to develop hydrogen trial projects in stationary power applications and transportation applications, including prime power.  The goal of the collaboration i...

Caterpillar Announces Q2 Earnings Beat

As per reports, Caterpillar, Inc. (CAT) released second-quarter earnings, beating estimates with earnings shooting up 152% to $2.60 a share. Revenue climbed 29% to $12.9 billion. Analysts were expecting revenue to grow 25% to $12.51 billion.  "We're encouraged by higher sales and revenues across a...

Caterpillar Inc. Schedules Q2/2021 Financial Results On July 30

Reportedly, Caterpillar, Inc. (CAT) to release Q2/2021 financial results on Friday, July 30 at 5:30 a.m. CDT, followed by a real-time, listen-only teleconference and webcast at 7:30 a.m. CDT with securities analysts and institutional investors. Web & Dial-in details: The call can be reached at...

Board Of Caterpillar Inc. Announces Dividend Increase

Reportedly, the board of Caterpillar, Inc. (CAT) has voted to increase the quarterly cash dividend by eight cents, an 8% raise, to $1.11 per share of common stock, payable to shareholders as of July 20, 2021. The dividend is payable on August 20, 2021.   "Through the execution of our enterp...

Caterpillar Reports Improved Quarter Earnings- Raises Supply Chain Issues

 Caterpillar, Inc. (CAT) reported strong quarterly earnings last week and raised concerns over the global shortage of semiconductor chips, which could affect its ability to keep up with increasing customer orders. Chief Financial Officer Andrew Bonfield informed that the company is witnessing reco...

Caterpillar Announces Retirement Of 2 Long-Time Board Members & Addition Of CEO Of Cargill To Board

As per reports, Caterpillar, Inc. (CAT) has announced the retirement of its 2 long-time members of the board of directors, Juan Gallardo and William (Bill) Osborn, along with the election of Cargill Board Chair and CEO, David MacLennan to the board, effective April 14, 2021. Gallardo, 73 was electe...

Caterpillar Completes Acquisition Of Weir Oil & Gas, Introduces SPM Oil & Gas

Reportedly, Caterpillar, Inc. (CAT) has completed the acquisition of the Oil & Gas Division, "Weir Oil & Gas" of the Weir Group PLC, a Scotland-based global engineering business. SPM Oil & Gas, Headquartered near Fort Worth, Texas will continue to produce flow iron, a full line of pumps,...

Caterpillar Posts Promising Q4 Results

Reportedly, Caterpillar, Inc. (CAT) reported Q4 earnings recently beating analyst estimates. The mining and construction equipment maker posted adjusted fourth-quarter earnings of $2.12 a share, above the $1.45 average of analysts’ estimates. Full-year revenue in 2020 was $41.7 billion, a 22% decr...

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