The Trouble With Earnings: Good Profits, Bad Revenues
Seven of every 10 big companies are hitting their targets for earnings, but nearly the same proportion -- 6 out of 10 -- have missed on revenue. What's to blame?
Seven of every 10 big companies are hitting their targets for earnings, but nearly the same proportion -- 6 out of 10 -- have missed on revenue. What's to blame?
Caterpillar's profit and sales came in short of expectations. It also forecast that sales for the full year will be below target, because of slow growth in the world economy.
Caterpillar says its first-quarter net income shrank and it predicted smaller 2013 sales and profits because its mining business is slowing down.
The S&P 500 hit new highs in April, but earnings aren't always following suit. Consider these four surprising powerhouses expected to post lower earnings than last year.
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.
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.
The yields offered by banks are laughable. This situation got several well-known companies thinking, "Let's sell debt to consumers who recognize and trust our brand, and offer interest rates on it that are slightly higher than these CDs and money markets." Thus, the "floating-rate demand note" was born.
Detroit's Big Three are in hiring mode again, and Japanese automakers are building cars in the U.S. to export to Asia. And they aren't the only ones ramping up U.S. production. Is America at the beginning of a new industrial age? The answer lies in China.
Corporate executives stick to a script when pulling the layoff lever: Cite the tough economic landscape, promise that employees will remain the firm's most valued asset, insist that there was no other option to protect the company's future. Here's why you shouldn't buy what corporate America's selling when it comes to life-ruining layoffs.
A bruising session on Wall Street Thursday wiped more than 500 points off the Dow - its worst drop since October 2008. Driving the fear is growing concern about the possibility of another recession. Will the selloff continue Friday? It all depends on the Labor Department's employment report.
How many problems with the U.S. economy would be solved if more people bought American, and if more companies would were willing to help them do so by manufacturing here? Joel Joseph of the Made in the USA Foundation thinks it would help plenty, and he's honoring those that have taken the lead.
Major benchmarks have stalled after climbing by double digits during the previous two quarters. So what's an investor to do? Investment guru Jim Cramer has some tips on what you should avoid and where you'll find the best bets in the second quarter.
Stocks closed broadly if modestly higher Friday on light volume as traders avoided making any big bets ahead of a long holiday weekend. The equity markets closed up for the third straight day and extended their winning ways to a third consecutive week.
This season's series of colossal storms have cost millions of dollars for states, municipalities and businesses. But companies in these six industries are finding that the rough winter's snows are a gift from the weatherman.
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.
The path to profits for most of Corporate America lately has been cutting costs rather than raising revenue. But a careful look reveals a few companies that are poised to deliver real revenue growth. We've found six with a plus: Their stocks look like bargains.
Some are convinced the precious metal will keep rising, others that it's tracing out a classic speculative bubble that's ready to burst. Nobody has a crystal ball, but an "agnostic" technical analysis of the charts provides some good clues about gold's future.
China and other emerging markets will be a growth story for a long time to come, creating opportunity for American companies and investors. Nikhil Hutheesing and Dan Burrows face-off in this video about which U.S. stocks stand to benefit the most.
Heavy equipment manufacturer Caterpillar is marketing a two-year 1 billion renminbi bond to institutional investors in Hong Kong. It's only the second multinational company to test the waters of the "dim sum" market, and its offering is five times the size of the first, a bond from McDonald's.
While stocks in the U.S. are likely to chug along well into next year, there may be better opportunities in international stocks. Sandy Mehta of Value Investment Principals picks three global growth companies now trading at deep discounts.
Stocks fell sharply Tuesday after a surprise rate hike from China's central bank and mixed quarterly earnings reports led to heavy selling in technology, materials and energy stocks.
Mike Rowe's TV show Dirty Jobs puts him hip-deep into the roughest, toughest and filthiest jobs in America. But for the past two years, he's had a second occupation -- running MikeRoweWorks, a website and foundation that advocates for old-fashioned, honest blue-collar work.
CEOs who cut the most jobs during the recession earned an average of 42% more than their S&P 500 peers, according to a study by the Institute for Policy Studies. Top execs at the 50 firms that laid off the most workers since the economic crisis began averaged nearly $12 million in 2009.
Since the recession began, more than 8 million Americans have lost their jobs. But perhaps even more surprising is the small number of companies that are responsible for laying off such a large percentage of today's unemployed workers.
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]
After decades of languishing while financial services flourished, U.S. manufacturers are posting a stronger-than-expected rebound. An 11% sales gain in May makes Caterpillar a bright spot -- and it's not alone. [With video]
Heavy-equipment maker Caterpillar has agreed to purchase Electro-Motive Diesel, a manufacturer of diesel-electric locomotives, for $820 million in a bid to increase its presence in the railroad industry.


























