Caterpillar lifts its 2025 tariff impact forecast to $1.8B, while expecting margins near the bottom of its target range.
Caterpillar (CAT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Norway's sovereign wealth fund will exclude U.S. machinery manufacturer Caterpillar and five Israeli banks from its equity portfolio over what it called an "unacceptable risk" that the firms contribute to rights violations. The ethics committee for Norges Bank Investment Management found that the former produced bulldozers that were being used in the "unlawful destruction of Palestinian property," while the banks had provided financial services necessary for the contruction of Israeli settlements in the West Bank.
The largest wealth fund in the world will also sell its holdings in five Israeli banks.
Norway's $2 trillion wealth fund, the world's largest, said on Monday it has divested from U.S. group Caterpillar as well as five Israeli banking groups on ethics grounds.
Caterpillar teams with Hunt Energy to deliver up to 1 GW of reliable power for data centers, starting with a Texas project.
Blue-chip stock Caterpillar Inc (NYSE:CAT) is up 1.6% to trade at $419.04 this morning, after the machinery name landed an upgrade to "outperform" from "in-line" at Evercore ISI.
A quiet wave is poised to capture the stock market's attention, having already done so for government officials and select traders who are well-informed about developments before they become headline news. This new wave is centered on the next phase of the technology sector, one that involves creating an entirely new infrastructure out of pure necessity.
Caterpillar's Q2 saw falling revenues and earnings but a rebound in volumes and an upbeat 2025 revenue outlook keep long-term growth hopes alive.
Aquiles Larrea turns to three companies he sees weathering storms of volatility in the long-term. He expects Caterpillar (CAT) to outperform due to continued infrastructure need in the U.S. Aquiles sees FedEx (FDX) as a value play with strong value, while listing Altria (MO) as a core holding that many investors "underestimate.
Zacks.com users have recently been watching Caterpillar (CAT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
CAT breaks a six-quarter slide with a $237M Q2 volume rebound, powered by Energy & Transportation momentum.