Caterpillar earns down on weak U.S. sales
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Caterpillar Inc. , a maker of earthmoving equipment, on Friday said quarterly earnings fell more than expected due to lower sales of diesel truck engines, weakness in North American construction markets, and higher production costs.
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Stocks fell on Friday as investors   worried that the economy will slow more sharply than expected,   prompting them to sell shares of big industrial companies such   as heavy equipment maker Caterpillar Inc. CAT.N.
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U.S. stocks fell on Friday on concerns   that slowing economic growth would hurt corporate profits,   especially among large industrial corporations like Caterpillar   Inc.CAT.N
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U.S. stocks fell on Friday, with major indexes sliding 1 percent, after bellwether stocks, including Caterpillar Inc.  and Google Inc , posted disappointing earnings.
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Caterpillar Inc , the world&#39;s  top maker of earthmoving equipment, diesel engines and gas  turbines, said on Friday quarterly earnings fell more than  expected due to lower truck engine sales, weakness in North  American construction markets and higher production costs.
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U.S. stocks fell on Thursday after weaker-than-expected durable goods data raised concerns about the outlook for the economy and profits.
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U.S. blue-chip stocks fell on Thursday  as disappointing earnings from companies including Dow  component Caterpillar and higher oil prices weighed on  investors after two days of solid advances.
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European equities were sharply lower on Monday after engineering group Caterpillar reported on Friday that the US housing slowdown was hitting the wider economy.
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Caterpillar has overcome soft North American results with lights-out sales elsewhere.
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LONDON (CBS.MW) - US stock futures were tracking lower on Monday, indicating expectations for a weaker start despite a couple of anticipated deals.
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U.S. stocks ended down on Tuesday, pressured by disappointing results from consumer electronics chain Best Buy Inc.  and a weak forecast from steel maker Nucor Inc.
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Caterpillar Inc.  reported higher quarterly earnings on Thursday as the U.S. economic recovery spurred sales of its heavy construction machinery and diesel engines, but results fell short of analysts' estimates, sending its shares down nearly 5 percent.
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Stocks were headed lower at the open   on Thursday, weighed down by weaker-than-expected earnings from  online retailer Amazon.com Inc. AMZN.O and a government  report showing U.S. productivity growth slowed in the fourth  quarter.
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U.S. stocks fell on Friday, with the Dow and the Nasdaq down more than 1 percent, after bellwether stocks Caterpillar Inc.  and Google Inc  posted disappointing earnings.
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General Motors Corp  said on Thursday its U.S vehicle sales fell 5.2 percent in December as consumer demand softened amid a weak housing market and higher gas prices.
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General Motors Corp. (GM.N: Quote, Profile, Research) and Ford Motor Co. (FN: Quote, Profile, Research) on Wednesday posted weaker US vehicle sales for October after
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Wall Street stocks were weaker at midmorning on Friday after disappointing earnings from Google (NASDAQ:GOOG) and Caterpillar (NYSE:CAT) and renewed jitters over US mortgage and credit markets.