Caterpillar earnings down
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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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The aluminum maker said second-quarter profit slipped nearly 4 percent as outage costs at two smelters weighed down results.
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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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Slashed earnings estimate pulls down shares.
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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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Stocks turned lower on Thursday, with the Nasdaq losing 1 percent, on a handful of disappointing earnings reports, including results from cable TV operator Comcast Corp .
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U.S. stocks fell on Friday, with the Dow knocked off its 14,000-point perch and the Nasdaq composite index down more than 1 percent after bellwether stocks Caterpillar Inc.  and Google Inc  posted disappointing earnings.
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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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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 said earnings were hurt by soft North American machine sales, selected supply chain disruptions and higher costs.
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Stocks fell on Friday as manufacturer Caterpillar Inc's  disappointing profit fueled caution about the economy, while a pullback in crude oil prices from a record high hurt shares of energy companies.
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NEW YORK, July 20 -- Stocks fell Friday after Caterpillar and Google reported disappointing earnings. The Dow Jones industrial average, which closed above 14,000 for the first time Thursday, fell nearly 150 points.
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Exxon Mobil Corp.  reported a slight decline in fourth-quarter earnings Thursday due to lower natural gas prices and shrinking profits from gasoline sales.
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Campbell Soup Co  posted lower  quarterly profit on Friday, hurt by higher commodity costs and  promotional spending.
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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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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.