mining

Caterpillar’s Q3 Results Roar Past Estimates
Financial Performance

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.
By Matthew Heller | October 24, 2017
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Caterpillar Earnings Beat Drives Stock up 5.9%
Global Business

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."
By Matthew Heller | July 25, 2017
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Industrial Production Falls 0.4% in November
The Economy

Industrial Production Falls 0.4% in November

The larger-than-expected decline, which followed a 0.1% gain in October, suggests the sector "is still just treading water."
By Matthew Heller | December 14, 2016
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SEC Probing Rio Tinto Over Coal Deal Writedown
Risk & Compliance

SEC Probing Rio Tinto Over Coal Deal Writedown

The mining company confirms the investigation of the $3 billion charge it took after its acquisition of assets in Mozambique went bad.
By Matthew Heller | December 2, 2016
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U.S. Industrial Output Falls 0.5% in February
The Economy

U.S. Industrial Output Falls 0.5% in February

The larger-than-expected decline reflects sharp drops in the mining and utilities sector that outweighed an increase in manufacturing.
By Katie Kuehner-Hebert | March 16, 2016
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Caterpillar Misses Estimates, But Stock Rallies
Strategy

Caterpillar Misses Estimates, But Stock Rallies

Caterpillar also cut its outlook for the remainder of 2015.
By Matthew Heller | October 22, 2015
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Bankruptcies Stay Flat for Fourth Straight Quarter
Financial Performance

Bankruptcies Stay Flat for Fourth Straight Quarter

A survey finds the downward spiral in corporate filings has leveled off, with mining and energy companies accounting for an increased percentage.
By Matthew Heller | October 16, 2015
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Glencore Seen Taking More Debt-Cutting Steps
Strategy

Glencore Seen Taking More Debt-Cutting Steps

Analysts say the commodity supplier needs to cut net debt by almost half to $16 billion by the end of next year to retain its credit rating.
By Matthew Heller | August 17, 2015
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