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Caterpillar says in early stages of multi-year recovery in mining
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Caterpillar profit falls short on weak demand; cuts earnings outlook
Caterpillar Inc fell short of Wall Street estimates for quarterly profit on Wednesday, hit by weak demand in its construction and mining equipment businesses, and the company cut its 2019 profit forecast, sending its shares down 5%......»»
Samsung eyes recovery as chip prices firm up
Samsung Electronics is forecast to post a big drop in earnings on Tuesday, but analysts see signs of hope for the South Korean giant as chip prices stabilize. Julian Satterthwaite reports......»»
Caterpillar beats profit estimates, raises forecast
Caterpillar Inc beat analysts' estimates for first-quarter profit on higher sales of its construction and mining equipment in its biggest market North America......»»
Caterpillar gives huge vote of confidence to global economy
Caterpillar Inc. raised its earnings forecast in a sign that industries from mining to energy are gaining momentum amid a stronger global economy -- assuming no trade wars......»»
Exploring Analyst Estimates for Caterpillar Q1 Earnings, Beyond Revenue and EPS
Wall Street analysts forecast that Caterpillar (NYSE: CAT) will report quarterly earnings of $5.14 per share in its upcoming release, pointing to a year-over-year increase of 4.7%. read more.....»»
The world"s largest chipmaker just issued a warning that the industry"s red-hot growth could slow
TSMC's trimmed forecast shows that the chip industry is still in recovery mode, and that demand is slowing. VCG/VCG via Getty Images TSMC sees growth in the microchip industry slowing to 10%, it said in a post-earnings call. The dimmed out.....»»
Memory IC sales poised to hit record in 2022, says IC Insights
Fueled by economic recovery and the transition to a digital economy, memory IC sales are forecast to top US$180 billion in 2022, exceeding the previous record high set in 2018, according to IC Insights......»»
US and European stocks rise on COVID-19 recovery hopes and a boost in the IMF"s global growth forecast
Economists at the International Monetary Fund lifted their global growth forecast for 2021 to 6% from 5.5% on Tuesday. Drew Angerer/Getty Images Global recover.....»»
"A broad-based, fully inclusive recovery": Atlanta Fed President Raphael Bostic"s hope for the future
The Business Journal sat down with Raphael Bostic, president of the Federal Reserve Bank of Atlanta, to discuss the state of the economy, how to think about inflation and what the future will hold......»»
The IMF lifts its global growth forecast with vaccination and stimulus likely to be a shot in the arm
Stimulus and essential workers helped the world avoid a recession that would've been "at least three times worse," the IMF's managing director said. IMF Managing Director Kristalina Georgieva speaks at a press conference in Washington D.C.....»»
Smartphone shipments to grow 5.5% in 2021, says IDC
Smartphone shipments are forecast to grow 13.9% on year in the first quarter of 2021 and 5.5% for the full year 2021, driven by continued recovery in demand and a supply-side push of 5G devices, according to IDC......»»
EIA lifts 2021 U.S. oil price forecast to $57.24/bbl from $50.21
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
EIA lifts 2021 Brent oil price forecast to $60.67/bbl from $53.20
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
Alcoholic recovery startup Reframe raises $1.4M from Atlanta investors
The Reframe co-founders hope to grow their 3,000 users to 100,000 by the end of the year......»»
Thousands of COVID-19 long-haulers have been crippled by months of physical pain and mental anguish, but recovery clinics are springing up, offering hope
Insider spoke to people disabled by COVID-19 and the doctors running the new programs to see how successful they've been. .....»»
Caterpillar"s stock surges toward a record, adds nearly 50 points to the Dow"s gain
Shares of Caterpillar Inc. ran up 3.8% toward a record high in morning trading Friday, enough to pace all of the Dow Jones Industrial Average's gainers. The $7.51 price gain in the construction and mining equipment maker's stock is addin.....»»
USDA lifts forecast for U.S. soybean exports
The U.S. Department of Agriculture raised its forecas.....»»
Caterpillar flags signs of recovery amid slack demand
Andrew Bonfield, Caterpillar's financial chief, said in an interview that while a rebound in home construction was boosting purchases for some machinery, spending cuts by local and state governments were weighing on road construction......»»
After miserable 2020, American and Southwest Airlines now hope for recovery
"Our fourth-quarter financial results close out the most challenging year in our company’s history," said American's CEO......»»