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Caterpillar Inc (CAT.N)

CAT.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Caterpillar Announces Officer Changes
Monday, 18 Feb 2019 

Caterpillar Inc ::CATERPILLAR ANNOUNCES OFFICER CHANGES.CATERPILLAR ANNOUNCES OFFICER CHANGES.CATERPILLAR INC - TOM PELLETTE TO BECOME SENIOR VICE PRESIDENT OF CATERPILLAR.CATERPILLAR INC - RAMIN YOUNESSI TO MOVE TO GROUP PRESIDENT OF CONSTRUCTION INDUSTRIES.CATERPILLAR INC - BILLY AINSWORTH NAMED GROUP PRESIDENT OF ENERGY & TRANSPORTATION.CATERPILLAR INC - IS SEPARATING CURRENT GLOBAL POWER SYSTEMS DIVISIONS INTO TWO; OIL, GAS AND MARINE DIVISION AND ELECTRIC POWER DIVISION.CATERPILLAR INC - JOE CREED WILL LEAD NEW OIL, GAS AND MARINE DIVISION.CATERPILLAR INC - PABLO KOZINER WILL LEAD NEW ELECTRIC POWER DIVISION.CATERPILLAR INC - MARTY HAYCRAFT NAMED VICE PRESIDENT OF CATERPILLAR RAIL DIVISION.CATERPILLAR INC - KYLE EPLEY NAMED VICE PRESIDENT OF FINANCE SERVICES DIVISION.  Full Article

Caterpillar Inc Says Have About 104,000 Employees At Dec 31, 2018, Up About 5.7 Percent From At Dec 31, 2017
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Caterpillar Inc ::CATERPILLAR INC SAYS HAVE ABOUT 104,000 EMPLOYEES AT DEC 31, 2018, UP ABOUT 5.7 PERCENT FROM AT DEC 31, 2017 - SEC FILING.  Full Article

Caterpillar Inc Says China Market To Be Roughly Flat In 2019 -Conf. Call
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Caterpillar Inc ::CATERPILLAR INC SAYS OVERALL CHINA MARKET TO BE ROUGHLY FLAT IN 2019, FOLLOWING 2 YEARS OF SIGNIFICANT GROWTH-CONF. CALL.CATERPILLAR INC SAYS POSITIVE PRICE REALIZATION OFFSET BY HIGHER MANUFACTURING COSTS DUE TO HIGHER MATERIAL, FREIGHT COSTS -CONF. CALL.CATERPILLAR INC EXPECTS SLOWDOWN IN ORDERS IN RESOURCES BUSINESS TO BE TEMPORARY -CONF. CALL.CATERPILLAR INC SAYS EXPECTS HIGHER MINING CAPEX IN 2019 TO DRIVE HIGHER NEW EQUIPMENT SALES IN RESOURCES SEGMENT. -CONF. CALL.CATERPILLAR INC SAYS EXPECTS FAVORABLE PRICE REALIZATION IN 2019 TO BE MOSTLY OFFSET BY COST HEADWINDS -CONF. CALL.CATERPILLAR INC SAYS TARIFFS COST COMPANY OVER $100 MILLION IN 2018-CONF. CALL.CATERPILLAR INC SAYS EXPECT MARGINS IN CONSTRUCTION INDUSTRIES SEGMENT TO BE "STRONG" IN 2019-CONF. CALL.CATERPILLAR INC SAYS AT THIS STAGE, DON'T SEE A RATE CHANGE IN THE TARIFFS-CONF. CALL.CATERPILLAR INC SAYS EXPECT DEALER INVENTORY TO BE FLAT IN 2019-CONF. CALL.CATERPILLAR INC SAYS EXPECT MODEST SALES INCREASE IN 2019-CONF. CALL.CATERPILLAR INC SAYS EXPECT CONSTRUCTION INDUSTRIES SALES IN CHINA TO BE FLAT AFTER 40 PERCENT INCREASE IN INDUSTRY SALES IN 2018-CONF. CALL.CATERPILLAR INC SAYS MACHINE UTILIZATION BY CUSTOMERS IN MINING INDUSTRY CONTINUES TO INCREASE-CONF. CALL.CATERPILLAR INC SAYS IN A MUCH "BETTER" POSITION TO GENERATE CASH IF THERE IS A MARKET DOWNTURN-CONF. CALL.CATERPILLAR INC SAYS WILL BE VERY COST DISCIPLINE MOVING FORWARD-CONF. CALL.  Full Article

Cat Financial Says Q4 Revenues Rose 3 pct to $699 Million
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Cat Financial::CAT FINANCIAL ANNOUNCES 2018 YEAR-END RESULTS.CAT FINANCIAL - REPORTED FOURTH-QUARTER 2018 REVENUES OF $699 MILLION, AN INCREASE OF $21 MILLION, OR 3 PERCENT.CAT FINANCIAL - FOURTH-QUARTER 2018 PROFIT WAS $18 MILLION, A $253 MILLION, OR 93 PERCENT, DECREASE FROM Q4 OF 2017.CAT FINANCIAL- DECREASE IN QTRLY PROFIT DUE TO $86 MILLION INCREASE IN PROVISION FOR CREDIT LOSSES, DRIVEN BY HIGHER ALLOWANCE RATE, INCREASE IN WRITE-OFFS.  Full Article

Caterpillar reports fourth-quarter results, provides outlook for 2019
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Caterpillar Inc ::CATERPILLAR REPORTS FOURTH-QUARTER AND FULL-YEAR 2018 RESULTS; PROVIDES OUTLOOK FOR 2019.Q4 ADJUSTED EARNINGS PER SHARE $2.55.Q4 EARNINGS PER SHARE $1.78.Q4 SALES $14.34 BILLION VERSUS REFINITIV IBES ESTIMATE OF $14.33 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $2.99 -- REFINITIV IBES DATA.2019 PROFIT PER SHARE EXPECTED TO INCREASE.CATERPILLAR - SEES 2019 PROFIT PER SHARE IN RANGE OF $11.75 TO $12.75.DURING 2018, WE INCURRED $386 MILLION OF RESTRUCTURING COSTS.CONSTRUCTION INDUSTRIES' TOTAL SALES WERE $5.705 BILLION IN Q4 OF 2018, COMPARED WITH $5.295 BILLION IN Q4 OF 2017.2019 OUTLOOK ASSUMES MODEST SALES INCREASE BASED ON FUNDAMENTALS OF END MARKETS AS WELL AS MACROECONOMIC AND GEOPOLITICAL ENVIRONMENT.CATERPILLAR - BEGINNING 2019, CO DOES NOT PLAN TO EXCLUDE RESTRUCTURING COSTS FROM ADJUSTED PROFIT PER SHARE AS COSTS EXPECTED TO RETURN TO NORMALIZED LEVELS.FY2019 EARNINGS PER SHARE VIEW $12.73 -- REFINITIV IBES DATA.AT THE END OF Q4 THE ORDER BACKLOG WAS $16.5 BILLION, ABOUT $800 MILLION LOWER THAN Q3.CONSTRUCTION INDUSTRIES' TOTAL SALES INCREASE IN Q4 WAS MOSTLY DUE TO HIGHER SALES VOLUME FOR CONSTRUCTION EQUIPMENT.ENERGY & TRANSPORTATION'S TOTAL SALES WERE $6.287 BILLION IN Q4 OF 2018, COMPARED WITH $5.640 BILLION.RESOURCE INDUSTRIES' TOTAL SALES WERE $2.797 BILLION IN Q4 OF 2018, AN INCREASE OF $489 MILLION FROM Q4 OF 2017.DEALER MACHINE AND ENGINE INVENTORIES INCREASED ABOUT $200 MILLION DURING Q4 AND REMAINED ABOUT FLAT DURING Q4 2017.  Full Article

Caterpillar's SD&D Segment Is Restructuring Its Distribution Divisions
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Caterpillar Inc ::CATERPILLAR ANNOUNCES NEW RESPONSIBILITIES FOR OFFICERS AND APPOINTMENT OF NEW VICE PRESIDENT.CATERPILLAR INC - ALL MOVES ARE EFFECTIVE JANUARY 1, 2019.CATERPILLAR INC - COMPANY'S BOARD OF DIRECTORS ALSO APPOINTED A NEW VICE PRESIDENT.CATERPILLAR INC - SERVICES, DISTRIBUTION AND DIGITAL SEGMENT IS RESTRUCTURING DISTRIBUTION DIVISIONS.CATERPILLAR INC - RAYMOND CHAN WILL NOW OVERSEE ASIA PACIFIC DISTRIBUTION SERVICES DIVISION.CATERPILLAR - PHIL KELLIHER WILL TRANSITION TO VICE PRESIDENT OF AMERICAS DISTRIBUTION SERVICES DIVISION.CATERPILLAR INC - NIGEL LEWIS, WILL NOW HAVE RESPONSIBILITY FOR EUROPE, AFRICA AND MIDDLE EAST DISTRIBUTION SERVICES DIVISION.CATERPILLAR INC - BOARD APPOINTED JASON CONKLIN, CURRENTLY INDUSTRY REGION MANAGER WITHIN GCI, TO POSITION OF VICE PRESIDENT OF GCI.CATERPILLAR INC - DAMIEN GIRAUD WILL NOW LEAD GLOBAL AFTERMARKET SOLUTIONS DIVISION WITHIN SD&D.  Full Article

Caterpillar-Jananne Copeland, Chief Accounting Officer Of Co, Informed Co Of Her Intention To Retire Effective March 1, 2019
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Caterpillar Inc ::CATERPILLAR - JANANNE COPELAND, CHIEF ACCOUNTING OFFICER OF CO, INFORMED CO OF HER INTENTION TO RETIRE EFFECTIVE MARCH 1, 2019.  Full Article

Caterpillar Board Of Directors Elects CEO Jim Umpleby As Chairman
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Caterpillar Inc ::CATERPILLAR BOARD OF DIRECTORS ELECTS CEO JIM UMPLEBY AS CHAIRMAN; ELECTS DAVE CALHOUN AS PRESIDING DIRECTOR.CATERPILLAR INC - DAVE CALHOUN, WHO HAS SERVED AS NON-EXECUTIVE CHAIRMAN SINCE APRIL 1, 2017, WILL REMAIN ON BOARD AS PRESIDING DIRECTOR.  Full Article

Caterpillar Maintains Quarterly Dividend Of $0.86/Share
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Caterpillar Inc ::CATERPILLAR INC MAINTAINS DIVIDEND.CATERPILLAR INC - VOTED TO MAINTAIN QUARTERLY CASH DIVIDEND OF EIGHTY-SIX CENTS PER SHARE OF COMMON STOCK.  Full Article

FBR Says Co And Caterpillar Inc. Agree To Discontinue MoU
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Fbr Ltd ::FBR AND CATERPILLAR INC. AGREE TO DISCONTINUE MOU.CATERPILLAR WILL DIVEST ITS CURRENT 2.13% SHAREHOLDING IN FBR IN DUE COURSE.CO AND CATERPILLAR INC HAVE MUTUALLY AGREED TO TERMINATE MOU AND NEW OPTION DEED DATED JULY 1.  Full Article

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U.S. heavy equipment makers feeling pain from tariffs, disputes: report

U.S. makers of bulldozers and other heavy equipment are raising prices, losing sales and in some cases beginning to trim workers in response to the Trump administration's protracted trade disputes with various countries, according to a new report.