Caterpillar (CAT) Cuts FY15 EPS Outlook; Expects 'Modest' Global Growth, No Recession
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Caterpillar (CAT) CEO Oberhelman Sees China as 'Huge Opportunity', But Remains Cautious
October 19, 2012 8:31 AM EDTCaterpillar (NYSE: CAT) CEO Doug Oberhelman commented today that China and the U.S. "need each other." Comments were made at an Economic Club of Chicago event Thursday night.
Oberhelman sees China as a "huge opportunity" as its population -- and, consequently, middle class -- continues to grow. He also noted that China was... More
Caterpillar (CAT) CEO Oberhelman Sees China as 'Huge Opportunity', But Remains Cautious
October 19, 2012 8:31 AM EDTCaterpillar (NYSE: CAT) CEO Doug Oberhelman commented today that China and the U.S. "need each other." Comments were made at an Economic Club of Chicago event Thursday night.
Oberhelman sees China as a "huge opportunity" as its population -- and, consequently, middle class -- continues to grow. He also noted that China was... More
UPDATE: Caterpillar (CAT) Guides FY15 EPS to $12 - $18 If No Recession Happens, Modest Growth
September 24, 2012 4:15 PM EDT(Updated - September 24, 2012 4:16 PM EDT)
Caterpillar Inc. (NYSE: CAT) in the top 25 percent of the S&P 500 for total shareholder return, Caterpillar Chairman and CEO Doug Oberhelman and members of the company's Executive Office updated analysts today on the company's strategy and expectations for 2015. The analyst meeting and discussion took place at MINExpo International 2012 inside the Las Vegas Convention Center. At MINExpo, the world's largest and most comprehensive show dedicated to mining, Caterpillar is showcasing the broadest line of both surface and underground mining and materials handling equipment available in the mining industry.... More
