Cat sales, profits lower in Q2; further layoffs may result
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- Published on Tuesday, 26 July 2016 19:08
- Written by Paul Gordon
There were no major surprises in Caterpillar Inc.’s second quarter financial report released on Monday. Sales and revenues were down as were profits. But they were pretty much in line with, and even a little better than, with expectations of the company and the investment community.
Wealth manager or stock broker? There is a difference
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- Published on Tuesday, 26 July 2016 13:40
- Written by Paul Gordon
Every so often we all hear stories about people who suddenly came into a lot of money and, in what amounts to little time, find themselves in bankruptcy court.
The...
Cat announces more job cuts, plant closures
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- Published on Thursday, 28 April 2016 15:46
- Written by Paul Gordon
Caterpillar Inc. announced today it will close five facilities in the south and eliminate about 820 positions in the next year to 18 months.
The company also plans to demolish one of its large vacant buildings in Mossville to save on maintenance costs as it continues...
More auto recalls; more recall notices being ignored
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- Published on Monday, 25 July 2016 16:44
- Written by PRNewswire
Cat sales and profits down in first quarter; outlook lowered again
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- Published on Friday, 22 April 2016 12:18
- Written by Paul Gordon
Caterpillar Inc. said Friday its first quarter sales and profits were down from a year earlier but that the numbers posted were not unexpected.
The company still scored a profit for the quarter and its balance sheet remains strong, but the immediate outlook doesn't call for much improvement, the Caterpillar release said. That outlook...
Cat employees giving back in Summer of Service
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- Published on Friday, 17 June 2016 16:54
- Written by Paul Gordon
It was a beautiful morning on Friday, the kind of day that would make anyone want to get away from work and stay outdoors. For 22 employees in Caterpillar Inc.’s Global Supply Network division, that’s what happened.
But they would have been at Glen Oak Park on the east side...
Cat maintains dividend rate
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- Published on Wednesday, 13 April 2016 11:59
- Written by Paul Gordon
Caterpillar Inc. on Wednesday announced it will maintain the quarterly cash dividend of 77 cents per share of common stock, payable May 20, 2016, to stockholders of record at the close of business on April 25, 2016. That decision was made by the company’s board of directors.
"Caterpillar's balance sheet remains strong, and I'm pleased to announce we're maintaining...
Manpower: Stable hiring practices expected in Q3
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- Published on Wednesday, 15 June 2016 15:26
- Written by The Peorian
U.S. employers indicate stable hiring plans for the third quarter of 2016, according to the latest
Caterpillar showcasing technology at Germany show
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- Published on Monday, 11 April 2016 18:54
- Written by The Peorian
Caterpillar Inc. is putting its technology at the forefront of its presentation at bauma, tahe world’s largest construction equipment show in Munich, Germany.
Caterpillar Chairman Doug Oberhelman unveiled a new strategy the company calls “The Age of Smart...
Cat maintains quarterly dividend
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- Published on Wednesday, 08 June 2016 16:23
- Written by Paul Gordon
Caterpillar Inc. directors voted Wednesday to maintain the quarterly cash dividend at 77 cents a share, the company announced.
The dividend will be payable Aug. 29 to shareholders of record at the close of business on July 20, the company said in a news release.
Some work stress ok in creative positions
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- Published on Monday, 11 April 2016 16:45
- Written by PRNewswire
Work stress is par for the course for creative leaders, according to new research from staffing firm...
Generation Z is entering the workforce
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- Published on Monday, 06 June 2016 17:27
- Written by PRNewswire
The first waves of young people born from 1995 through 2010, aka "Generation Z", are in the process of leaving school for the...
Forecast: More hiring expected in Q2
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- Published on Friday, 01 April 2016 14:19
- Written by PRNewswire
The U.S. has added private sector jobs every month for the last six years, and
Millennials prioritize career options
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- Published on Friday, 27 May 2016 18:02
- Written by The Peorian
Millennials are set to run career ultramarathons and anticipate taking breaks along the way, according to a...
U.S. Population Aging Slower than Other Countries, Census Bureau Reports
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- Published on Monday, 28 March 2016 18:33
- Written by PRNewswire
America's 65-and-over population is projected to nearly double over the next three decades, ballooning from 48 million to 88 million by 2050. However, the U.S. Census Bureau projects the U.S. population will age at a slower rate compared with other countries.
Ameren Corp. ranks at top for diversity
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- Published on Tuesday, 17 May 2016 13:11
- Written by The Peorian
Ameren Corp. has been ranked number one among U.S. utilities for diversity by a company with a mission to monitor diversity among businesses in the county.
Female business owners say insurance is important
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- Published on Monday, 29 February 2016 17:06
- Written by PRNewswire
Women have made great strides in the business world in the past few decades. And business insurance is essential to protecting...
Cat executives, dealer visit Cuba
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- Published on Wednesday, 11 May 2016 16:59
- Written by Paul Gordon
Caterpillar Inc. this week aimed to enhance its already strong relationship with Cuba by sending Chairman and CEO Doug Oberhelman and other executives to the island nation to meet with government representatives there.
Cat ends production of vocational trucks
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- Published on Friday, 26 February 2016 17:24
- Written by Paul Gordon
Caterpillar Inc. said Friday it will end production of on-highway vocational trucks, a move that will affect 30 jobs in central Illinois and 70 altogether.
The trucks, which include dump trucks, are currently made by Navistar i Escobedo, Mexico, but Caterpillar...
FDA expands its authority over tobacco products
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- Published on Thursday, 05 May 2016 13:45
- Written by PRNewswire
The U.S. Food and Drug Administration has finalized a rule extending its authority...
Harris Poll releases Reputation Quotient report
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- Published on Friday, 19 February 2016 14:20
- Written by PRNewswire
The Harris Poll® today released its 17th annual Reputation Quotient® (RQ®)...
