Peoria Newswire

Peoria Newswire

Comprehensive Real-Time News Feed for Peoria, IL.

Results 1 - 14 of 14 for "u:washpost.bloomberg.com" in Peoria, IL

  1. Caterpillar CEO Takes Hockey Stick to Any Talk of 2016 ReboundRead the original story

    Sunday Apr 24 | The Washington Post

    Caterpillar Inc.'s boss has a message for investors: while the darkest days of the machinery-demand slowdown may be over, don't expect a hockey stick. Chief Executive Officer Douglas Oberhelman and other executives used the hockey-stick metaphor three times to damp any expectations investors may have harbored for a sharp upward turn in second-half revenue, spending on U.S. infrastructure or Chinese construction.

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  2. Caterpillar CEO Takes Hockey Stick to Any Talk of 2016 ReboundRead the original story

    Friday Apr 22 | The Washington Post

    Caterpillar Inc.'s boss has a message for investors: while the darkest days of the machinery-demand slowdown may be over, don't expect a hockey stick. Chief Executive Officer Douglas Oberhelman and other executives used the hockey-stick metaphor three times to damp any expectations investors may have harbored for a sharp upward turn in second-half revenue, spending on U.S. infrastructure or Chinese construction.

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  3. Caterpillar Cuts Forecasts as Commodity Rally QuestionedRead the original story

    Friday Apr 22 | The Washington Post

    Caterpillar Inc., the best-performing major industrial stock this year, lowered its profit and sales forecasts as a three-month-old commodities rally risks running out of steam. "Commodity prices improved from their recent lows, but excess supply remains," the largest manufacturer of mining and construction equipment said in a statement Friday.

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  4. Caterpillar Cuts Forecasts as Commodity Rally QuestionedRead the original story

    Friday Apr 22 | The Washington Post

    Caterpillar Inc., the best-performing major industrial stock this year, lowered its profit and sales forecasts as a three-month-old commodities rally risks running out of steam. "Commodity prices improved from their recent lows, but excess supply remains," the largest manufacturer of mining and construction equipment said in a statement Friday.

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  5. Caterpillar Cheered for Hunkering Down as Machinery Outlook DimsRead the original story

    Jan 28, 2016 | The Washington Post

    Caterpillar Inc., the biggest maker of construction and mining machinery, reported better-than- estimated earnings as cutbacks blunted the effects of a commodities meltdown. The stock rose the most in a month.

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  6. Caterpillar Cheered for Hunkering Down as Machinery Outlook DimsRead the original story

    Jan 28, 2016 | The Washington Post

    Caterpillar Inc., the biggest maker of construction and mining machinery, reported better-than- estimated earnings as cutbacks blunted the effects of a commodities meltdown. The stock rose the most in two years.

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  7. Caterpillar Job Woes Expose Weak Spots in Buoyant U.S. ReportRead the original story

    Nov 9, 2015 | The Washington Post

    With few exceptions, the U.S. jobs report Friday showed solid hiring reflecting buoyant demand across a wide swath of industries. Unfortunately for Caterpillar Inc., many of its customers are among those exceptions.

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  8. Komatsu's 2nd-Quarter Profit Falls 19% as Mining Sales SlumpRead the original story

    Oct 28, 2015 | The Washington Post

    Komatsu Ltd., the world's second-biggest manufacturer of construction and mining machinery, reported a 19 percent decline in second-quarter profit as China's economic slowdown and the bust in commodity prices cut into sales to miners and builders. Net income fell to 32.6 billion yen for the three months ended Sept.

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  9. Caterpillar Wants to Be Your Friend After Commodity CollapseRead the original story

    Oct 23, 2015 | The Washington Post

    The world's biggest maker of mining and construction machinery says helping end users do more with less will let it sell more replacement parts and win loyalty for the long term. "It's very important to us to have machines out in the dirt working," Caterpillar Chief Financial Officer Brad Halverson said in a telephone interview.

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  10. Caterpillar - Bites the Bullet' as Oil Rout Compounds Mining PainRead the original story

    Sep 24, 2015 | The Washington Post

    The last time Caterpillar Inc. cut thousands of jobs, a mining slowdown was to blame. Now the main culprit is oil, as slumping prices batter drillers.

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  11. Caterpillar - Bites the Bullet' as Crude Collapse Spurs CutbacksRead the original story

    Sep 24, 2015 | The Washington Post

    The last time Caterpillar Inc. cut thousands of jobs, a mining slowdown was to blame. Now the main culprit is oil, as slumping prices batter drillers.

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  12. Caterpillar Cuts Jobs and Forecasts as Commodity Slump BitesRead the original story

    Sep 24, 2015 | The Washington Post

    The company lowered its 2015 revenue projection by $1 billion to $48 billion and said sales are expected to drop 5 percent next year. The job cuts are part of a plan that will save about $1.5 billion of operating costs annually, Peoria, Illinois-based Caterpillar said in a statement Thursday.

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  13. Caterpillar Cuts Sales Forecast, Says End-User Markets WeakRead the original story

    Jul 23, 2015 | The Washington Post

    Revenue will be about $49 billion in 2015, down $1 billion from its previous projection, the Peoria, Illinois-based company said Thursday in a statement. The shares fell 3.6 percent to $76.88 in New York, the biggest drop in almost six months.

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  14. Caterpillar Cuts Sales Forecast, Says End-User Markets WeakRead the original story

    Jul 23, 2015 | The Washington Post

    Revenue will be about $49 billion in 2015, down $1 billion from its previous projection, the Peoria, Illinois-based company said Thursday in a statement. The shares fell 3.4 percent to $77.09 at 9:32 a.m. in New York.

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