Caterpillar Profit Falls Short, Stock Hit
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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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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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Deere & Co.  said on Tuesday its quarterly earnings rose a better-than-expected 19 percent, but the stock fell nearly 3 percent after it forecast sharply lower profit and flat sales in the coming year.
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Texas Instruments Inc.  posted a lower quarterly profit on weak demand for its calculators, and gave a disappointing revenue forecast for the third quarter, sending shares down 3 percent on Monday.
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U.S. stocks fell  on Thursday as  disappointing earnings reports from companies including  Caterpillar and Amgen combined with higher oil prices to turn  investors cautious after two days of gains.
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U.S. stocks slid sharply on Friday, after bellwether stocks such as Caterpillar and Google posted disappointing earnings.
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Stocks extended losses on Friday, with the Dow dropping more than 200 points, on worry about the economy after manufacturer Caterpillar Inc  cut its profit outlook.
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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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Dow Chemical Co  on Thursday reported lower-than-expected third-quarter profit, hurt by weak North American housing and auto markets and a change to German tax law.
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McGraw-Hill Cos , the book and  magazine publisher and owner of Standard & Poor's, on Thursday  said fourth-quarter profit fell 31 percent, as disruptions in  global capital markets dampened demand for credit ratings.
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Second-quarter profit fell by two-thirds at plane and train maker Bombardier Inc. (BBDb.TO) as its regional aircraft business lagged a rebound in the business jet market, the company said on Wednesday.
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Heavy equipment maker Caterpillar Inc.   posted better-than-expected quarterly earnings on  Friday and raised its outlook for the full year, bolstered by  strong sales to the mining industry.
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U.S. investment bank Morgan Stanley  MWD.N on Wednesday said quarterly profit dropped by a third  on sharply lower bond trading revenue and higher expenses,  falling well short of Wall Street's low expectations and  pushing the company's shares down as much as 8 percent.
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Caterpillar Inc , a manufacturer of heavy construction and mining equipment, said on Friday its 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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U.S. stock index futures extended declines, indicating a weaker market open on Friday, after heavy equipment maker Caterpillar Inc.  reported disappointing results.
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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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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