7 Infrastructure Stocks That May Benefit From President Biden's New Infrastructure Bill
What to Watch for in Caterpillar’s Q3 Earnings
Why Is Caterpillar Stock Going Up?
Caterpillar's Earnings Beat Forecasts, Stock Still Falls
Caterpillar Reports Weak Q1 Performance, Withdraws Guidance
Today, Caterpillar reported its first-quarter earnings results. For the quarter, the company reported an adjusted EPS of $1.60 on revenues of $10.64 billion.
Caterpillar Stock Fell after Bank of America Rating Downgrade
Caterpillar (NYSE:CAT) was the worst-performing stock on the Dow Jones Index on April 14. Notably, the stock fell by 8.7%.
Retirement Investing: Yes, You Can Do It Yourself
Investing for retirement has its own unique characteristics. Your priorities change, and so should your investing strategies.
Fisher Asset: What Are Kenneth Fisher’s Investing Ideas?
At the end of Q3, Fisher Asset’s total portfolio was worth around $91 billion. We’ll focus on Fisher Asset’s top holdings, buys, and sells.
Deere Q4 Earnings Beat, Stock Falls on Tepid Outlook
Deere & Company (DE) reported slightly better-than-expected earnings results for the fourth quarter. However, the shares fell 4% in the pre-market trade.
Why Deere Might Post Dismal Q4 Earnings Results
Sluggish top-line growth will likely weigh on Deere’s fourth-quarter earnings. Analysts expect the company’s revenues to increase 2.2% YoY.
US Economy: Autos Aren’t All That’s Dragging It Down
The Fed has released industrial production and capacity utilization data for October. Economic output fell 80 basis points, the largest fall in 17 months.
GE Earnings: Positive Surprise, Higher Guidance, Stock Surges
GE’s earnings boosted its stock in the pre-market. At 7:19 AM ET, the stock rose 5.1%. The incremental progress is seen as an endorsement to CEO Larry Culp.
Jim Cramer Bullish on Honeywell, Weighs In on Spin-Offs
On Friday, Jim Cramer said Honeywell was “a very smart company” for spinning off Garrett Motion (GTX) and Resideo Technology (REZI).
3M Earnings: Q3 Revenue Miss, Lower 2019 Guidance
Industrials bellwether 3M (MMM) reported its Q3 earnings today—missing its revenue game and lowering its 2019 aim. CEO Mike Roman weighed in.
S&P 500 Index Nears Record High amid Earnings Season
The S&P 500 Index, represented by the SPDR S&P 500 ETF (SPY), rose 0.3% on October 23, nearing the all-time high it saw in July.
Cramer Weighs In on Boeing and Caterpillar Earnings
Yesterday, CNBC’s ‘Mad Money’ host, Jim Cramer, weighed in on Caterpillar and Boeing third-quarter earnings and the stock market reaction.
Dow Jones Futures Are Flat: Watch Out for Data!
Dow Jones Futures are pointing to a flat opening for the day. The flash PMI data and other economic data releases might impact markets today.
Caterpillar: Lower Q3 Results, Earnings Guidance Fell
Caterpillar reported its third-quarter earnings today. The company’s revenues fell to $12.8 billion—a 6% fall compared to the same quarter in 2018.
S&P 500 and Dow Get Cold Feet Near Record Highs
The S&P 500 is just 1% away from its all-time high, while the Dow Jones Industrial Average is 2% away from its all-time high.
Earnings Preview: Boeing, Caterpillar, 3M, GE, and More
Honeywell kicked off industrials earnings season, beating estimates. With Boeing, Caterpillar, 3M, GE, and more reporting soon, here’s what to expect.
CAT Dividend Continues amid Slowdown Worries
Today, Caterpillar (CAT) announced that its board of directors voted in favor of maintaining a $1.03 quarterly dividend per share.
PMI Data Sees Trump Blame the Fed: Is He Right?
On October 1, the ISM released the PMI data for September. At 47.8, the reading pointed to a contraction. President Trump again blamed the Fed.
Amid China’s ‘Calm’ Comments, US Markets Soar Today
The US (SPY) stock index futures rose on Thursday after China’s (MCHI) (FXI) positive comments about resolving the trade war.
Trade War Escalated, Airline Stocks Fell
US airline stocks fell drastically on August 23. The industry seems to be bearing the brunt of the escalating trade war and sluggish economic growth concerns.
Trade Talks: Renewed Optimism Helps Stock Market Rise
The trade talks restarted after China’s top trade negotiator, Vice Premier Liu He, publicly called to de-escalate the tensions on Monday.
US Economic Slowdown: Is It Due to Trump or Powell?
President Trump has criticized the Fed several times. While Trump sees the economy as doing well despite higher rates, we’re seeing a US economic slowdown.
Would a Currency War Help Boeing, CAT, DE, and GE?
President Trump said that the strong dollar is making it difficult for US manufacturers to compete. The weak dollar could fuel a currency war.
Can the US-China Trade War Spiral into a Crude Oil War?
Although the US doesn’t export much crude oil to China, the additional supply of cheap Iranian oil could pressure both Brent and WTI crude prices.
Is 3M Stock Bearing the Burden as the Trade War Intensifies?
Since 3M Company’s second-quarter earnings release on July 25, its stock is down 7.5% as of August 5. What’s causing the fall?
Does Boeing Risk China’s Retaliation as Trade War Escalates?
Boeing’s problems could be set to intensify given the recent escalation in the trade war between the US and China.
Trump Says It’s Going Well with China—Markets Don’t Buy It
On August 1, President Trump escalated the US-China trade war even further by announcing that the US would impose more tariffs on Chinese goods.
China Counters Trump’s Tariff Threat by Devaluing Yuan
As anticipated, China is retaliating against Donald Trump’s latest tariff threat, letting its currency fall to a record low.
Cargo Stocks Fell Due to Trump’s New Tariff
On Thursday, air cargo companies’ shares fell drastically due to the escalating trade war between the US and China.
China’s PMI Contracts Again: US Trade War Continues to Sting
The Chinese Census Statistics Bureau released the data for China’s official manufacturing PMI for July today.
3M Beats Estimates, Stock Falls: Here’s Why
3M (MMM) stock soared 4.0% on Thursday in pre-market trading after the company exceeded Wall Street’s second-quarter earnings and revenue estimates.
Why Kyle Bass Thinks a US-China Trade Deal Won’t Happen
Kyle Bass, the founder and chief investment officer of Hayman Capital Management, says a US-China trade deal is doubtful.
Recession Warnings Pile Up: Is US Economy in Trouble?
Recent US economic indicators have been signaling softness, which could potentially lead to a US recession.
Why 3M Stock Is Soaring despite Its Q2 Profit Dropping
3M (MMM), a diversified technology company, reported its Q2 earnings today before markets opened.
Boeing, Caterpillar Drag Down the Dow Jones
On Wednesday, the Dow Jones fell while other major US indexes moved up. The Dow was mainly pulled down by two of its high-weighted stocks—Boeing (BA) and Caterpillar (CAT).
Caterpillar Stock Fell After Disappointing Q2 Earnings
Due to lower-than-expected earnings and a weaker guidance outlook, Caterpillar stock fell 4.5% at 10:00 AM ET on Wednesday.
Caterpillar Got a Downgrade, Global Growth Stalled Last Week
Atlantic Equities downgraded Caterpillar (CAT) from “neutral” to “underweight.” Atlantic Equities analyst Richard Radbourne also lowered Caterpillar’s earnings estimates for fiscal 2019 and fiscal 2020.
Dow Jones and US Stocks Fell on Escalating US-China Trade War
The broader US market fell drastically on May 13 after China said it would raise tariffs on US imports worth $60 billion beginning on June 1.
3M’s Q1 Earnings Disappointed Investors
3M (MMM) announced its first-quarter earnings on April 25.
Dalio’s Bridgewater Warns about Peak Margins—Should You Care?
In a published report, the world’s largest hedge fund, Bridgewater Associates, warned about peak US (SPY) (DIA) profit margins.
United Rentals Rose ~7%, Q1 Earnings Beat Estimates
United Rentals (URI) stock rose ~7% during after-hours trading on April 17. The company announced strong first-quarter results.
China’s Slowdown Concerns Decline amid Strong Data
China is targeting a 2019 GDP growth of 6.0%–6.5%. Earlier this month, the IMF increased China’s 2019 growth forecast to 6.3% from 6.2%.
China’s March Trade Data Offered Mixed Signals
Last week, China released its trade data for March.
United Rentals: Slower Earnings Growth in Q1?
United Rentals (URI) is scheduled to report its first-quarter results on April 17. The company has a strong history of beating analysts’ estimates.
General Electric Fell 5% after JPM Renewed Its ‘Sell’ Rating
General Electric (GE) shares fell more than 5% on April 8 after JPMorgan Chase analyst Stephen Tusa renewed his “sell” rating on the stock.
Boeing Gains on US-China Trade Optimism and 737 Max Software Fix
On April 4, Boeing gained ~3% on growing optimism about a US-China trade deal, which investors believe would bring massive orders for its 737 Max commercial jets.
Wall Street Sees Over 20% Upside Potential in GE
General Electric (GE) has received a consensus “buy” recommendation from analysts polled by Reuters.
Market Optimism about a US-China Trade Deal Could Be Short-Lived
Optimism about a trade deal between the United States and China has been a major driver of the year-to-date rally in the markets.
US-China Talks: Final Touch Looks Like the Most Complicated Part
US-China trade talks are resuming today after the two sides held a round of talks in Beijing last week.
Bullish US Manufacturing Data Ease Fears of a Downturn
Bullish manufacturing data released by the ISM eased the concerns about a US economic slowdown. US manufacturing activities improved in March.
Broader Market Fell on US Economic Slowdown Fears
Major US indexes fell yesterday as investors were fearful about a possible US economic slowdown.
Dow Outperforms Other Indexes due to Surge in Boeing Stock
The Dow Jones Industrial Average registered minor gains on March 25, while other major US indexes fell.
Analyzing Warren Buffett’s Views on US-China Trade Talks
Warren Buffett, Berkshire Hathaway’s (BRK-B) chairman, has shared his views on US-China trade relations a few times.
3M Launches Expanded Beam Ferrule and Connector System
In a press release on March 5, 3M (MMM) announced that it unveiled its new Expanded Beam Optical Connector System.
3M Announces 100% Global Renewable Electricity Goal
In a press release today, 3M (MMM) announced that it’s committed to implementing a 100% renewable electricity program in all of its facilities around the world.
Deere Announces Regular Quarterly Dividend
In a press release today, Deere (DE) announced the key dates for the first quarter of 2019’s dividend.
Does UBS’s Caterpillar Downgrade Signal an Economic Slowdown?
Today, American industrial giant Caterpillar’s (CAT) stock was trading on a negative note in the premarket session.
Honeywell to Pay First-Quarter Dividend
Honeywell (HON) announced the key dates for its first-quarter dividend. The dividend is slated to be paid to eligible shareholders on March 8.
Analyzing Deere’s Expected First-Quarter Revenues
Deere (DE) is expected to report revenues of $6.82 billion in the first quarter from its equipment operations.
Why Paul Volcker Is Unhappy with Trump’s Tax and Trade Policies
Speaking to the founder of Bridgewater Associates, Ray Dalio, former Federal Reserve Chairman Paul Volcker took Trump and other US lawmakers to task.
Ingersoll Rand Plans to Acquire Precision Flow System
In a press release on February 11, Ingersoll Rand (IR) announced that it made a binding offer to acquire Precision Flow System.
Analyzing Trump’s Seven-Point Wish List for Xi Jinping
The US statement said that the trade talks mainly covered seven points. The US has a long list of demands for China (TCEHY).
NVIDIA Stock Plummets 13.8% on January 28 on Q4 Guidance Cut
In the past year as of January 28, NVIDIA stock has fallen almost 43%, and its market cap has come down to $84.2 billion.
Will Trump’s ‘Great Earnings’ Tweet also Backfire?
Last week, President Trump tweeted, “Great earnings coming out of Stock Market.” However, he also lamented that, “Media doesn’t devote much time to this!”
Caterpillar: Analysts’ Recommendations
Among the 29 analysts tracking Caterpillar, 62% recommended a “buy,” 34% recommended a “hold,” and 4% recommended a “sell.”
Can Caterpillar’s EPS Beat Analysts’ Estimates in Q4?
Analysts expect Caterpillar to post an adjusted EPS of $2.98 in the four quarter—an increase of ~38% compared to the fourth quarter of 2017.
Caterpillar’s Q4 Revenue Expectations
Caterpillar (CAT) is expected to report revenues of $14.32 billion in the fourth quarter—an increase of 11.1% on a year-over-year basis.
How Caterpillar Stock Performed since Its Q3 Earnings
In a press release on January 14, Caterpillar said that it will announce its fourth-quarter earnings results before the market opens on January 28.
United Rentals Gains 4% on Strong Q4 Earnings and 2019 Outlook
United Rentals (URI) stock gained 4.3% during after-hours trade yesterday after the company announced strong fourth-quarter results.
United Rentals: What Could Drive Its Q4 Earnings?
United Rentals (URI) is scheduled to report its fourth-quarter results on January 23.
Morgan Stanley Is Concerned about the Markets in 2019
Morgan Stanley’s chief equity strategist, Michael Wilson, is the most bearish on Wall Street regarding the projection for SPY’s 2019 target.
Cummins Announces CFO Change
On January 10, 2019, Cummins (CMI) announced that Pat Ward, its current CFO, will retire from his position.
Deere Gets Six Agricultural Innovation Awards
On January 10, 2019, Deere (DE) announced that it had received six AE50 awards.
Deere Raised Its Cash Dividend: Second Increase in 2018
To be eligible for the dividend, investors should hold Deere stock as of December 31. Deere is expected to pay dividends on February 1.
Illinois Tool Works’ Fourth-Quarter Dividend
In the first three quarters of 2018, Illinois Tool Works has generated a free cash flow of $1.72 billion.
Can the Market Optimism on the Trade Truce Continue?
The US markets rose on December 3. However, the optimism seems to be fading. The Asian markets weren’t as optimistic on December 4.
3 Stocks Up Over 3% on U.S.-China Trade Talks
Agricultural equipment stocks are getting a boost following a White House press release noting that China will begin purchasing ag products from U.S. farmers immediately. Here’s what you need to know.
Is Down the Only Way to Go for US Equity Markets?
Investors have been worried about the coming earnings cliff, and rightly so.
Stanley Black & Decker’s Q4 2018 Dividend: Key Dates and Rates
For the fourth quarter, Stanley Black & Decker declared a dividend of $0.66 per share.
3M’s Short Interest Fell: What Does It Suggest?
In terms of the number of shares, 3M’s short interest is ~6.99 million shares. The company’s average trading volume is ~2.55 million shares.
3M: Investors’ Fourth-Quarter Dividend
Investors who hold 3M stock as of the close on November 23 in the company’s record will be eligible for the fourth-quarter dividend.
Deere Misses Analysts’ Q4 Expectations but Still Rises
Deere (DE) reported its earnings results for the fourth quarter of fiscal 2018 before the market opened on November 21.
Deere’s Q4 2018 Is on Track to Be Best Q4 in Five Years
Deere (DE) is expected to report Q4 revenues of $8.57 billion from its equipment operations.
How Deere Has Performed since Third-Quarter Earnings
Deere’s continued revenue growth due to positive developments could help the stock recover some of its lost ground.
Cummins Will Support the New EPA Norms
Cummins stock gained 2.8% for the week and closed at $147.11. The stock traded 3.9% above the 100-day moving average price of $141.65.
Honeywell Increased Fourth-Quarter Dividend
Honeywell declared a fourth-quarter dividend of $0.82 per share, an increase of 10% over the corresponding quarter of last year.
ITW’s Short Interest Is at Its Highest Point: What Could It Mean?
In the latest short interest report, the data indicated that Illinois Tool Works’ short interest was at its highest point of 2018.
Cummins Introduced a New Diesel Generator Series
Cummins (CMI) announced that it would display the new QSG12 50 HZ diesel generator series at the MATELEC show in Madrid, Spain.
Stanley Black & Decker Investor Update: Debt Pricing
SWK stock bounced back sharply after falling due to its third-quarter earnings. The stock gained 12.7% and closed at $124.24 last week.
Illinois Tool Works: Q3 Earnings Beat the Estimates
Illinois Tool Works (ITW) reported its third-quarter earnings on October 24. The company reported an EPS of $1.90.
Stanley Black & Decker’s Exclusive Partnership with Home Depot
Stanley Black & Decker announced that Home Depot will be the exclusive retailer for its Stanley hand tools and storage product portfolio.
What Impacted 3M’s Industrial Segment Revenue in Q3 2018?
With a third-quarter revenue share of 37.1%, 3M’s (MMM) Industrial segment is the company’s most significant revenue contributor.
How Did AT&T and Verizon Perform amid Global Worries?
On October 24, AT&T (T) posted weak Q3 earnings as its stock fell ~8.1% on the day. Verizon (VZ) beat estimates and rose slightly.
Why Many Analysts Cut Caterpillar’s Target Price after Q3 Results
The analyst consensus target for CAT is $159.23, implying a return potential of 32.2% over the closing price of October 23.
How Did Caterpillar’s Resource Industries Segment Perform in Q3?
Caterpillar’s (CAT) Resource Industries segment is the smallest contributor to the company’s overall revenue.
Why CAT’s Energy and Transportation Segment’s Margin Expanded
Caterpillar’s (CAT) Energy and Transportation segment accounted for 41.1% of total revenues in the third quarter.