Markets Poised for Weak Open Amid Soft Earnings, EU Concerns (CAT) (MSFT) (PG)
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- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Caterpillar (CAT) Misses Q4 EPS by 20c; Guides FY15 EPS Well Below the Street
January 27, 2015 7:34 AM ESTCaterpillar (NYSE: CAT) reported Q4 EPS of $1.35, $0.20 worse than the analyst estimate of $1.55. Revenue for the quarter came in at $14.24 billion versus the consensus estimate of $14.18 billion.
Caterpillar sees FY2015 EPS of $4.75, versus the consensus of $6.57.
2015 Outlook
We expect world economic growth to only improve modestly in 2015. The relatively slow growth in the world economy and continued weakness in commodity pricesparticularly oil, copper, coal and iron oreare expected to be negative for... More
