Caterpillar earnings down on weak U.S. sales
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Caterpillar Inc , the world'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. blue chip stocks closed lower on  Thursday, snapping a two-day winning streak, as disappointing  earnings from companies such as Caterpillar Inc. CAT.N put  pressure on the Dow.
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Caterpillar Inc , the world's top maker of earth-moving equipment, diesel engines and gas turbines, posted disappointing quarterly earnings on Friday and cut its full-year forecast, sending its shares down 3.5 percent.
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U.S. stocks slid on Friday after a manufacturing index showed its weakest reading in more than three years, hurting shares of manufacturers like 3M Co.  and Caterpillar Inc., and adding to worries the U.S. economy was slowing too quickly.
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Stocks fell on Friday as investors   worried that the economy may get bruised by a   sharper-than-expected slowdown, which prompted them to sell   shares of big industrial companies such as heavy equipment   maker Caterpillar Inc. CAT.N.
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Lowe's Cos.  reported lower  quarterly profit on Friday as the battered U.S. housing market  hurt sales.
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U.S. stocks fell on Tuesday as  earnings season began on a weak note with a sales warning from  chip maker Advanced Micro Devices Inc. AMD.N hurting the chip  sector and lower-than-expected earnings from aluminum producer  Alcoa Inc. AA.N.
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Whirlpool Corp.  reported a 13 percent drop in quarterly earnings on Wednesday, hurt by soft U.S. demand for appliances amid a weak housing market, and it cut its profit forecast for the year, sending its shares down 3 percent.
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Caterpillar Inc, the world's top maker  of earth-moving equipment, diesel engines and gas turbines,  posted disappointing quarterly earnings on Friday and cut its  full-year profit forecast, sending its shares down nearly 4  percent.
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Caterpillar Inc. CAT.N 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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AnnTaylor Stores Corp  posted lower quarterly profit on Friday as the women's apparel retailer suffered weak customer traffic at its Ann Taylor and LOFT chains, forcing markdowns on many items.
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Stocks dropped on Friday after heavy equipment maker Caterpillar Inc cut its profit forecast and warned the housing downturn was spreading to other parts of the economy.
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Lucent Technologies Inc.  on Wednesday posted lower quarterly earnings and disappointing sales despite improved demand for wireless network products, and the telecommunications gear maker's shares fell.
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U.S. stock futures drifted lower on Thursday, pointing to a weak open on Wall Street, as automaker General Motors Corp.  posted earnings below Street estimates and a government report showed initial claims for U.S. jobless aid rose more than expected.
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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.
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Toll Brothers Inc.  on Thursday said the weak U.S. housing market drove down its quarterly profit 67 percent after write-downs for lower land values, and the luxury home builder lowered its forecast.
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Caterpillar Inc. CAT.N reported  lower-than-expected quarterly earnings on Thursday as higher  raw material prices and retirement benefits hurt profits,  sending its shares down more than 4 percent.