Caterpillar Earnings Miss Amid China Downturn
The company's shares fell more than 9% as it forecast "roughly flat" construction sales growth in China this year.
Caterpillar Posts Record 2nd Quarter Profit
“A strong global economy ... is helping manufacturers like Caterpillar book more orders and deliver higher profits despite growing cost pressures."
Caterpillar’s Q3 Results Roar Past Estimates
Sales of the company's heavy equipment have benefited from the turnaround in the North American construction industry.
Brad Halverson to Retire as Caterpillar CFO
The company credits him with playing a "critical role" in its restructuring after a years-long sales downturn.
Caterpillar Earnings Beat Drives Stock up 5.9%
CFO Jim Umpleby calls the second quarter "impressive," noting the company "continued to control costs and generated higher profit margins."