Caterpillar Forecasts Smaller Profit on Mining Slowdown
Caterpillar says its first-quarter net income shrank and it predicted smaller 2013 sales and profits because its mining business is slowing down.
Caterpillar earnings
Market Minute: Gains Expected After Data, Caterpillar Earnings
U.S. stock index futures pointed to a modestly higher open on Monday following strong data and results from Caterpillar, though gains were slight after a rally that took the S&P 500 above 1,500 for the first time in more than five years.
Stock Futures Rise on Glimpse of U.S. Manufacturing Data
Stock futures headed higher Monday with investors getting a peek into the health of the U.S. manufacturing sector. The Commerce Department is expected to report that companies boosted orders for durable goods as 2012 came to a close.
Wall Street Watch Tuesday: Caterpillar Gets Pessimistic
Caterpillar, the world's largest maker of construction and mining equipment, is cutting its long-term growth outlook. And that's bad news for all around, because this industrial giant's not just a company, it's a global economic bellwether.
This Week: Major Earnings and Reports Every Day
With corporate earnings season in full swing -- watch for McDonalds, along with Catepillar, Amazon and other -- and with the Fed meeting on interest rates, the GDP estimate and housing numbers coming out -- the week ahead is expected to be quite busy.
Can This Earnings Season Keep Up Its Winning Streak?
The first peak week of reports was just what the market ordered, thanks to some beat-and-raise results from Dow blue chips. This week has more big names on tap. And again, jittery investors will be looking closely, especially for revenue growth. [With video]