Caterpillar (CAT) Results Negative for Other Mining Stocks (JOY)
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BMO Capital Downgrades Caterpillar (CAT) to Market Perform
July 25, 2013 6:41 AM EDTBMO Capital downgraded Caterpillar (NYSE: CAT) from Outperform to Market Perform with a price target of $86.00 (from $96.00).
For an analyst ratings summary and ratings history on Caterpillar click here. For more ratings news on Caterpillar click here.
Shares of Caterpillar closed at $83.44 yesterday, with a 52 week range of $79.49-$99.70.... More
Caterpillar, Inc. (CAT) Misses Q2 EPS by 26c; Cuts FY13 Outlook
July 24, 2013 7:31 AM EDT(Updated - July 24, 2013 7:47 AM EDT)
Caterpillar, Inc. (NYSE: CAT) reported Q2 EPS of $1.45, $0.26 worse than the analyst estimate of $1.71. Revenue for the quarter came in at $14.62 billion versus the consensus estimate of $15.03 billion.
Numbers compare with EPS of $2.54 and revs of $16.68 billion in the same period last year.
We experienced headwinds during the quarter, and while we had a positive $135 million gain related to the Siwei... More
