American corporation that sells machinery, engines, generator sets and financial products
POPULARITY
Bo and Beth welcome Danika Fesperman, a recent Clover High School graduate and avid GMBT listener, to highlight her plans after graduation with the Caterpillar Inc. ThinkBIG Program to become a diesel mechanic. See omnystudio.com/listener for privacy information.
Why I'm so excited about the tariffs You may be thinking I'm a little bit crazy or blind to what is happening now, but I really wish people would be a little more patient and give this a few months to see the benefits. I want to remind people that the path we were on could've led to a collapse just like the great Roman Empire in 476 A.D. The United States in 2024 helped other countries grow their economies by sending them over $1 trillion in trade, not even close to fair trade and that is money we will never see again. Also in 2024, we saw our national debt climb to $35.5 trillion, an increase of roughly $2.5 trillion dollars in just one year! If that continued for the next 10 years, we would have debt of nearly $60 trillion, which would be unsustainable. Let's not even talk about the interest payments on a debt level that high. What is already starting to happen is not the foreign countries, but rather the foreign companies themselves want to continue to be profitable and understand they must produce and be located in the United States. Companies like Siemens from Germany, Taiwan semiconductor and Foxconn along with others have already made huge financial commitments that will benefit their companies and also our country as well. As the days, weeks, and months pass along, I believe you will be hearing about more companies coming to the United States. I believe immigration will also change because we simply do not have enough workers to fulfill all these new jobs. This could lead these foreign companies to bring their workers along, which would make them part of the US consumer base that buys houses, cars, and simple things like go to the grocery store and go out to dinner and even get haircuts. This is quite a bit different from the problems we have with immigration now as it has become a big burden on the US economy. I believe this would create a major win for our country, please be patient! Good luck if you are trying to time the market If you have sold out of strong companies at good valuations during this market pullback, I believe you have made a huge mistake. As I have said there will be positive news that comes about and moves the market higher, which then leaves you with the question of what do you do now? Get back in? Wait for it to pull back? These trading mistakes can cost you immensely in the long run. I was surprised to see that going back over the last 20 years, seven of the top 10 days in stocks came within a two-week period of the worst 10 days. Which means many people that sold during the worst 10 days likely also missed those great days and the eventual recovery. A great example showing how quickly the tide can turn came on Wednesday after the announcement that there will be a 90-day pause on the full effect of tariffs since more than 75 countries have contacted US officials to negotiate a solution. There was also news that there is an “on the water clause” for cargo entering the US ports. This means any cargo “loaded onto a vessel at the port of loading and in transit on the final mode of transport on or after 12:01 a.m. EDT April 5, 2025, and before 12:01 a.m. EDT April 9, 2025, and (2) are entered for consumption, or withdrawn from warehouse for consumption, before 12:01 a.m. EDT on May 27 2025, are subject to the 10% additional rate in lieu of the country-specific rate of duty.” This is important as it will give companies more time to plan for elevated tariffs. These announcements led to a huge gain in stocks with the Dow climbing 7.87% on the day and the S&P 500 climbing 9.52%. The thing that surprised me was many companies that have China ties also rebounded substantially, but the tariff charged to China will be 125%, effective immediately. I'd be careful buying the dip here on all companies, but the important point I want to show is that the tide can turner quicker than you think! How does the United States collect tariffs? It is quite the system and it's not as simple as a country/importer sending a check to the United States. The US doesn't do the calculation for every shipment that comes into the country. No matter how it comes in, if it is by truck, plane or ships the country doing the importing is the one that calculates the tariffs and sometimes they use what are known as customs brokers to do the calculation for them. It may surprise you that it is somewhat on the honor system. Before a shipment approaches the border, the importer or the customs broker files electronically the paperwork and says what they are bringing and how much they owe. When the ship pulls into port, the information is reviewed by customs agents before they allow the goods to be unloaded and released. It is kind of like when we file our tax returns. It is on the honor system that you put in all the correct information and just like you may be audited on your tax return, customs do perform random inspections to verify what is being brought in and that the tariff amount is correct. Importers have an account with customs and pay the duties to them. If they use a licensed customs broker, then that broker would make the payment. After all this is completed, whoever imported the goods has 10 days to pay the duties. The penalties are pretty hefty if the importer does not pay within 10 days as they will be hit with admin fees, interest, and other penalties along with the biggest concern which would be suspension of deliveries to the United States. I would definitely say it is in the best interest pf these importers to pay the United States customs within 10 days. China may look at other avenues to hurt the US in this trade war I've said this before, but the tariffs on Chinese goods hurts them more than their tariffs on our goods. The simple math on it is the U.S. exported $143.5 billion of goods to China in 2024, while importing products worth $438.9 billion. Trade is way more important to their economy considering the fact they are a net exporter and a large one at that. In 2024, China exported roughly $3.58 trillion worth of goods, while importing just $2.59 trillion worth of goods for a surplus around $1 trillion. This makes trade a huge part of GDP as net exports contribute around 20% of GDP. The US on the other hand is a net importer so our trade deficit actually subtracts from GDP. What else can China do to harm the US? China did issue an alert warning its citizens of the potential risk of traveling to the US and attending schools there. Although there were approximately 1.6 million Chinese tourists that visited the US in 2024 and more than 250,000 students enrolled in schools, I don't see this advisory as too problematic especially considering there was an estimated 77.7 million people from other countries that visited the US in 2024. The big concern people have is China selling our debt to drive up borrowing costs. I was disappointed by an article that said China could crush our housing market by selling mortgage-backed securities. Seemed a little dramatic to me considering foreign countries only owned 15% of the total outstanding mortgage-backed securities. Top owners did include China, Japan, Taiwan, and Canada, but I don't see those other players selling at this point in time to harm US markets. It appears China holds just around 2-3% of these mortgage-backed securities and has been selling them over time with holdings down 8.7% year over year in the month of September and down 20% by the start of December. Even looking more broadly at U.S. treasury securities, China owned just $760.8 billion as of January 2025, which would represent about 2.2% of the total U.S. federal debt. Be careful falling for click bait, as I don't believe China has the ability to “crush” our housing market. It would likely cause interest rates to increase slightly, but an outright crash would be extremely unlikely. Overall, while this trade war may hurt us, I still firmly believe it will have a far larger negative impact on the Chinese economy! Why You Should Never Buy a Certificate of Deposit (CD) Again For decades, certificates of deposit (CDs) have been a go-to option for savers looking to earn a little extra interest while keeping their money safe. However, in today's financial landscape, CDs have become nearly obsolete, offering little to no advantages over more flexible and higher-yielding alternatives. One of the biggest drawbacks of CDs is their lack of liquidity. When you lock your money into a CD, you typically agree to keep it there for months or years. Withdrawing early results in penalties, often forfeiting several months' worth of interest. High-yield savings accounts, on the other hand, offer similar or even better interest rates while allowing you to withdraw funds at any time. Many online banks now offer savings accounts with yields that rival or exceed CD rates, giving you the best of both worlds: competitive returns and unrestricted access to your money. Another option is U.S. Treasury Bills (T-Bills) which are one of the best alternatives to CDs, offering higher returns with even greater security. Backed by the U.S. government, they are virtually risk-free and often yield more than CDs of similar durations. Additionally, T-Bills offer tax advantages, as the interest earned is exempt from state and local income taxes—something CDs cannot provide. Money market accounts provide another strong alternative to CDs. They often have rates similar to or higher than CDs but come with added flexibility and liquidity. Additionally, money market funds that hold federal or municipal debt come with some tax-exempt income as well. CDs may seem like a safe, simple choice, but in reality, they are an outdated savings vehicle that rarely makes financial sense anymore. Whether you choose a high-yield savings account, T-Bills, or money market funds, there's always a better alternative that offers higher returns, more liquidity, or better tax advantages. Companies Discussed: RH (RH), Caterpillar Inc. (CAT), Harley-Davidson, Inc (HOG) & Warner Bros. Discovery, Inc (WBD)
US equity markets advanced following two session of heavy losses as investors eyed a near term reprieve for the automotive sector from President Trump' tariff measures that may be a portent of further concessions - Dow rose +486-points or +1.14% Microsoft Corp (up +3.23%) and Caterpillar Inc (+3.59%) both rallied over >3% to be the leading performers in the 30-stock index.
US equity markets advanced following two session of heavy losses as investors eyed a near term reprieve for the automotive sector from President Trump' tariff measures that may be a portent of further concessions - Dow rose +486-points or +1.14% Microsoft Corp (up +3.23%) and Caterpillar Inc (+3.59%) both rallied over >3% to be the leading performers in the 30-stock index.
US equity markets fell sharply, unwinding opening gains as President Trump said that tariffs against Mexico and Canada will go ahead as planned tonight AEST (and also signed an action to impose an additional 10% duty on China, according to an administration official), while investors also digested signs of a fresh spike in inflation pressures - Dow dropped -650-points or -1.48%. Nvidia Corp fell 8.81% to US$114.22 to be the worst performer in the 30-stock index overnight, with the stock falling into official correction territory after settling more than >20% below its record all-time closing high of US$149.43 set on 6 January. There were reports that Nvidia and Broadcom Inc (-6.05%) are testing Intel Corp's (-4.17%) chip manufacturing process. Separately, The Wall Street Journal reported on Sunday (2 March) that Chinese buyers were finding ways to buy Nvidia's chips despite President Trump's attempts to limit sales to Beijing. Elsewhere, Amazon.com Inc (down -3.42%), Caterpillar Inc (-3.46%) and Chevron Corp (-3.49%) all fell over >3%.
US equity markets fell sharply, unwinding opening gains as President Trump said that tariffs against Mexico and Canada will go ahead as planned tonight AEST (and also signed an action to impose an additional 10% duty on China, according to an administration official), while investors also digested signs of a fresh spike in inflation pressures - Dow dropped -650-points or -1.48%. Nvidia Corp fell 8.81% to US$114.22 to be the worst performer in the 30-stock index overnight, with the stock falling into official correction territory after settling more than >20% below its record all-time closing high of US$149.43 set on 6 January. There were reports that Nvidia and Broadcom Inc (-6.05%) are testing Intel Corp's (-4.17%) chip manufacturing process. Separately, The Wall Street Journal reported on Sunday (2 March) that Chinese buyers were finding ways to buy Nvidia's chips despite President Trump's attempts to limit sales to Beijing. Elsewhere, Amazon.com Inc (down -3.42%), Caterpillar Inc (-3.46%) and Chevron Corp (-3.49%) all fell over >3%.
US equity markets declined ahead of the latest inflation figures tonight AEST - Dow retreated for a fourth straight session, down -154-points or -0.35%. Nvidia Corp fell -2.69%, extending its two-day slide to over >5% after China's State Administration for Market Regulation said it was investigating the company over possible violations of the country's antimonopoly law, opening an investigation into the chipmaker in relation to the acquisition of Mellanox and some agreements made during the acquisition. Nvidia's revenue in China totalled US$13.5B in the past four quarters, accounting for ~12% of its global total, according to The Wall Street Journal (WSJ). Caterpillar Inc (-2.72%) and Merck & Co Inc (-2.69%) both fell over >2.5%. Boeing Co rallied +4.50% after the aerospace giant said it had restarted production of its 737 MAX jets. Production was paused for more than 12 weeks because of a seven-week labour strike that began in mid-September and settled in early November.
US equity markets declined ahead of the latest inflation figures tonight AEST - Dow retreated for a fourth straight session, down -154-points or -0.35%. Nvidia Corp fell -2.69%, extending its two-day slide to over >5% after China's State Administration for Market Regulation said it was investigating the company over possible violations of the country's antimonopoly law, opening an investigation into the chipmaker in relation to the acquisition of Mellanox and some agreements made during the acquisition. Nvidia's revenue in China totalled US$13.5B in the past four quarters, accounting for ~12% of its global total, according to The Wall Street Journal (WSJ). Caterpillar Inc (-2.72%) and Merck & Co Inc (-2.69%) both fell over >2.5%. Boeing Co rallied +4.50% after the aerospace giant said it had restarted production of its 737 MAX jets. Production was paused for more than 12 weeks because of a seven-week labour strike that began in mid-September and settled in early November.
The benchmark US equity indices roared to fresh all-time highs following a resounding election victory for the Republican party and president elect Donald Trump - Dow soared +1-508 points or +3.57% to 43,729.93. Investment banks Goldman Sachs Group Inc (+13.10%) and JPMorgan Chase & Co (11.54%) to be the leading performers in the 30-stock index, while American Express Co (up +6.97%), Caterpillar Inc (+8.74%) and Intel Corp (7.42%) all gained over >6.5%
Technology stocks powered a rebound on US equity markets and overshadowed disappointment around a lack of detail regarding any fresh China stimulus measures - Dow rose +126-points or +0.3%. Intel Corp (up +4.2%) was the leading performer in the 30-stock index, while economic bellwether Caterpillar Inc and Dow Inc both fell -2.58% to be the key laggards. Boeing Co, with S&P Global Ratings weighing downgrading the aircraft manufacturer's credit score to junk as the company continues to suffer from the fallout of a protracted labour strike.
US equity markets advanced ahead of tonight's AEST key inflation figures, buoyed by fresh China stimulus measures and a strong gains for chipmakers - Dow gained +260-points or +0.62% to 42,175.11, logging its second highest close ever. Caterpillar Inc (up +3.36%) and Dow Inc (+3.56%) rose over >3%.
US equity markets advanced ahead of tonight's AEST key inflation figures, buoyed by fresh China stimulus measures and a strong gains for chipmakers - Dow gained +260-points or +0.62% to 42,175.11, logging its second highest close ever. Caterpillar Inc (up +3.36%) and Dow Inc (+3.56%) rose over >3%.
The S&P 500 and Dow booked fresh record closing highs, shrugging off some weak consumer confidence data and buoyed by the latest stimulus measures from China's central bank - Dow added +84-points or +0.20% to 42,208.22, marking the 30-stock indice's 31st record close of 2024. Caterpillar Inc (up +3.98%) was the leading Dow component overnight.
On this week's episode of Additive Insight, we welcome Stacey DelVecchio, an advocate for all things additive manufacturing and gender equity in STEM, to discuss what remains one of additive's greatest challenges: diversity. As a former Additive Manufacturing Product Manager at Caterpillar Inc, DelVecchio championed the adoption of AM across new product introduction, supply chain, and operations, and in her most recent work as President of StaceyD Consulting, has focused on AM deployment and strategy. DelVecchio is also the immediate past chair of SME's Additive Manufacturing Advisors and former president of the Society of Women Engineers. Ahead of our annual Diversity in AM feature inside TCT Magazine, DelVecchio talked to TCT about literally writing the book on women in 3D printing, clear steps for making organisations more inclusive, and why AM can specifically help fuel the fire for gender diversity in manufacturing.
US equity markets rallied, lifting both the Dow and S&P 500 to fresh record highs as investors applauded a -50-basis point interest rate cut by the Federal Reserve a day earlier - the largest in 16-years - that they hope will deliver a so-called soft landing - Dow rose +522-points or +1.26% to 42,025.19. It is the first time that the 30-stock index has closed above >42,000 and marks 45-days since the Dow's last 1,000 point milestone. Caterpillar Inc (up +5.12%) and Salesforce Inc (+5.37%) both gained over >5% to be the leading Dow components overnight.
In this episode, Lola speaks with Setche Kwamu-Nana, a seasoned DEI and racial equity consultant and trainer with over 15 years of experience working across industries and communities. She has held impactful roles at leading organizations such as Caterpillar Inc. and Intuit Inc., as well as various nonprofits and community-based organizations. An immigrant from Cameroon with a background in engineering, Setche brings a unique perspective to her work. In this episode, we dig into: Understanding how our identities are made up of multiple facets, and how some aspects of who we are become more salient in different contexts and phases of life. How different identity categories, such as race, nationality, socioeconomic status, and even personal interests, play a role in shaping experiences and opportunities. The shift in identity salience after moving from Cameroon to the U.S., where blackness became a more dominant part of personal identity. A unique career transition from studying chemical engineering to a successful role in DEI work and lessons learned through growing in these roles. The importance of following passions and finding purpose in your career. The vital role of diversity, equity, and inclusion work in reshaping organizational cultures. If you are ready to join a community of immigrant professionals just like you, be sure to join our membership (special pricing is available until September 2, 2024): https://www.immigrantsincorporate.org/become-a-member Connect with Setche: LinkedIn: https://www.linkedin.com/in/setche-kwamu-nana/ Website: www.Setche.com Connect with Lola: Facebook Group: https://www.facebook.com/groups/428192995622965 LinkedIn: https://www.linkedin.com/in/lolaaadeyemopm/ Instagram: https://www.instagram.com/immigrantsincorporate/ Apply to be on the podcast: shorturl.at/dnyEO
Caterpillar's Chief Digital Officer and Senior Vice President of Cat Digital shares his insights on being at the forefront of the company's digital transformation, driving customer-focused innovation. From leveraging advanced analytics to implementing new digital solutions, Ogi Redzic talks about how Caterpillar is unlocking new possibilities through digital innovation and how it's re-shaping the world of manufacturing and beyond. PROGRAM GUIDE (15:28 total run time) Guest: Ogi Redzic / Chief Digital Officer and Caterpillar Inc. Senior Vice President responsible for Cat Digital 1:05 – Ogi talks about his role and managing key components of Caterpillar's digital portfolio. 2:38 – The focus on building digital solutions for customers across key industries. 4:01 – How digital is driving true value for customers. 5:40 – Growth through eCommerce and making it easier for customers to run their businesses. 8:22 – Finding ways to further improve our data and insights. 10:11 – Cat Digital's people and culture are foundational to success. 12:43 – Cutting edge technology & trends, including the AI opportunity.
US equity markets settled little changed ahead of a defining week that sees 171 S&P 500 companies post second quarter results (including ten (10) Dow components and four (4) of the so-called ‘Magnificent Seven' of large capitalisation technology stocks) along with key global central bank meetings and the latest Non Farm payrolls report - Dow slipped -49-points or -0.12%, with Caterpillar Inc (down -1.7%), Intel Corp (-1.66%), 3M Co (-1.57%) and Salesforce Inc (-1.57%) all falling over >1.5%.
US equity markets settled little changed ahead of a defining week that sees 171 S&P 500 companies post second quarter results (including ten (10) Dow components and four (4) of the so-called ‘Magnificent Seven' of large capitalisation technology stocks) along with key global central bank meetings and the latest Non Farm payrolls report - Dow slipped -49-points or -0.12%, with Caterpillar Inc (down -1.7%), Intel Corp (-1.66%), 3M Co (-1.57%) and Salesforce Inc (-1.57%) all falling over >1.5%.
Codan Limited is an Australia-based technology company. The Company develops robust technology solutions to solve customers' communications, safety, security and productivity problems. It develops rugged and reliable electronics solutions for government, corporate, NGO and consumer markets across the globe. The Company's segments include Communications, Metal Detection and Others. The Communications segment includes the design, development, manufacture, and marketing of communication solutions. The Metal Detection segment includes the design, development, manufacture, and marketing of metal detection equipment. The Other business segment relates to the manufacturing and sale of tracking products to Caterpillar Inc. Its metal detection business includes Minelab. Its Communications business includes Domo Tactical Communications and Zetron. The Company's products are sold in more than 150 countries with a global network of dealers, distributors and agents.Shares for Beginners and Stockopedia proudly present "Weekend Watchlist". Each week we dissect a company using Stockopedia's Factor driven analysis process. Go to https://why.stockopedia.com/sfb/ for your free trial and special discount offer. Why not join Stockopedia today and take advantage of this special offer of 10% off the first year of membership and see for yourself why Stockopedia is the essential tool for every serious DIY share investor. 14-day free trial included, then a no-quibble 30-day money back guarantee: https://why.stockopedia.com/sfb/ Find out more about Stockopedia by going to my review:https://www.sharesforbeginners.com/stockopedia-aunz-reviewDisclosure: The links provided are affiliate links. I will be paid a commission if you use this link to make a purchase. You will receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they're offering something of value.Shares for Beginners is a production of Finpods Pty Ltd. The advice shared on Shares for Beginners is general in nature and does not consider your individual circumstances. Shares for Beginners exists purely for educational and entertainment purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs. Philip Muscatello and Finpods Pty Ltd are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708, AFSL - 451289. Hosted on Acast. See acast.com/privacy for more information.
The S&P 500 and Nasdaq Composite retreated for a third straight session amid a fresh rotation out of large cap technology into small capitalisation and value stocks - Dow added +81-points or +0.20% but settled well off its session highs. International Business Machines (IBM) Corp climbed +4.33% and was the leading performer in the 30-stock index. Boeing Co (up +2.38%), Caterpillar Inc (+2.46%) and Salesforce Inc (+2.7%) all rallied over >2%. Microsoft Corp shed -2.45%.
“When we're hiring for [Sally's] team, we can say here's a job description for the role and also we're attaching Sally's Linkedin profile so you get a sense of Sally and her thought leadership.”- Mark SmithWhen it comes to talent acquisition, is your organization providing an authentic and engaging candidate experience, or are you still stuck in traditional approaches? Are you exploring innovative ways to attract diverse talent and modernizing your hiring processes for the digital age? In today's episode, my guest and I explore the future of hiring and its impact on company culture.My guest is Mark Smith. Mark is the Senior Director of Global Talent Acquisition at Medtronic, and medical devices company with over 90,000 employees. Mark has led talent acquisition teams at industry titans such as Randstad, Caterpillar Inc., Amazon, SC Johnson, and The Kraft Heinz Company. His fervor for talent and leadership is boundless, as he strives each day to evolve into a leader who not only propels our company to new heights of excellence but also fosters a culture of trust, inspiration, and innovation. He is a staunch advocate for bringing one's authentic self to the workplace and embodying the principles of servant leadership—enabling, coaching, and empowering our teams with vigor, passion, and a clear sense of purpose.
US equity markets rallied as the rotation into value stocks, which have underperformed their growth peers and the broader S&P 500, gained momentum amid building expectations of interest rate cuts - Dow rallied +743-points or +1.85% to a fresh record closing high of 40,954.48, booking its largest one-day percentage gain since June 2023, and largest daily point gain since November 2022, according to Dow Jones Market data. The Dow Jones transportation average (up +3.28% at 16,298.98) outperformed the broader indexes, logging its biggest one-day percentage gain since November and reaching its highest closing level since August 2023 as investors increasingly focused on undervalued areas of the market. Caterpillar Inc (up +4.28%) and Boeing Co (+3.87%)
US equity markets opened the new week on a positive footing- Dow gained +211-points or +0.53% to record closing high of 40,211.72 - the first record close for the 30-stock index since 17 May and 20th this year. American Express Co (up +2.25%), Caterpillar Inc (+3.03%) and JPMorgan Chase & Co (+2.49%) all climbed over >2%.The broader S&P500 added +0.28% to 5,631.22, touching a fresh record intra-day peak (5,666.94). Energy (up +1.56%) and Financials (+1.42%) lead six of the eleven primary sectors higher. Utilities (down -2.39%) sat at the foot of the primary sector leaderboard overnight.
US equity markets opened the new week on a positive footing- Dow gained +211-points or +0.53% to record closing high of 40,211.72 - the first record close for the 30-stock index since 17 May and 20th this year. American Express Co (up +2.25%), Caterpillar Inc (+3.03%) and JPMorgan Chase & Co (+2.49%) all climbed over >2%. The broader S&P500 added +0.28% to 5,631.22, touching a fresh record intra-day peak (5,666.94). Energy (up +1.56%) and Financials (+1.42%) lead six of the eleven primary sectors higher. Utilities (down -2.39%) sat at the foot of the primary sector leaderboard overnight.
US equity markets rallied as the rotation into value stocks, which have underperformed their growth peers and the broader S&P 500, gained momentum amid building expectations of interest rate cuts - Dow rallied +743-points or +1.85% to a fresh record closing high of 40,954.48, booking its largest one-day percentage gain since June 2023, and largest daily point gain since November 2022, according to Dow Jones Market data. The Dow Jones transportation average (up +3.28% at 16,298.98) outperformed the broader indexes, logging its biggest one-day percentage gain since November and reaching its highest closing level since August 2023 as investors increasingly focused on undervalued areas of the market. Caterpillar Inc (up +4.28%) and Boeing Co (+3.87%)
US equity markets settled mixed on Friday (14 June) to close out a big week of inflation updates and Federal Reserve interest rate forecasts, with the technology sector powering to fresh records - Dow fell for a fourth straight session, easing -58-points or -0.15%. Caterpillar Inc (down -1.50%) and Dow Inc (-1.86%) both fell 1.5%+ to be the worst performers in the 30-stock index on Friday (14 June).
US equity markets settled mixed on Friday (14 June) to close out a big week of inflation updates and Federal Reserve interest rate forecasts, with the technology sector powering to fresh records - Dow fell for a fourth straight session, easing -58-points or -0.15%. Caterpillar Inc (down -1.50%) and Dow Inc (-1.86%) both fell 1.5%+ to be the worst performers in the 30-stock index on Friday (14 June).
The S&P 500 and Nasdaq posted record closing highs for a third straight session, buoyed by a softer-than-expected consumer inflation reading for May and signs that Federal Reserve officials could start to cut interest rates this year - Dow slipped -35-points or -0.09%. Apple Inc gained +2.86%, logging a record closing high (US$213.07) for a second straight session and settled US$12B shy of Microsoft Corp (+1.94%) in market capitalisation terms. Caterpillar Inc added +0.43% the board of the manufacturer of construction and mining equipment approved an additional US$20B in share buybacks and raised its dividend (by +US$0.11c to US$1.41). Nike Inc fell -2.28% after a European court dismissed its bid to trademark the term “Footware,” a portmanteau combining “foot” and “software” or “hardware.”
The S&P 500 and Nasdaq posted record closing highs for a third straight session, buoyed by a softer-than-expected consumer inflation reading for May and signs that Federal Reserve officials could start to cut interest rates this year - Dow slipped -35-points or -0.09%. Apple Inc gained +2.86%, logging a record closing high (US$213.07) for a second straight session and settled US$12B shy of Microsoft Corp (+1.94%) in market capitalisation terms. Caterpillar Inc added +0.43% the board of the manufacturer of construction and mining equipment approved an additional US$20B in share buybacks and raised its dividend (by +US$0.11c to US$1.41).
US equity markets edged higher in choppy trading following some soft manufacturing data and with traders eying the non-farm payrolls report at the end of the week - Dow fell -115-points or -0.30%. Chevron Corp dropped -2.98%, tracking crude prices lower. Heavy industry stalwarts Dow Inc (down -2.71%) and Caterpillar Inc (-2.12%) retreated following some weak manufacturing data.
US equity markets edged higher in choppy trading following some soft manufacturing data and with traders eying the non-farm payrolls report at the end of the week - Dow fell -115-points or -0.30%. Chevron Corp dropped -2.98%, tracking crude prices lower. Heavy industry stalwarts Dow Inc (down -2.71%) and Caterpillar Inc (-2.12%) retreated following some weak manufacturing data.
US equity markets settled with modest declines a day after all three (3) benchmark indices logged record closing highs - Dow slipped -39-points or -0.10% to 39,869.38, briefly topping >40,000 for the time earlier in the session. American Express Co (-0.16%) and Amazon.com Inc (-1.27%) are the two top performing Dow stocks so far this year, up +28.81% and +20.86% respectively year-to-date. However, given the Dow is a price-weighted average it's Caterpillar Inc (down -2.59%) and Goldman Sach Group Inc (-0.34%) that have been the biggest points contributors to the 30-stock index this year to date.
US equity markets settled with modest declines a day after all three (3) benchmark indices logged record closing highs - Dow slipped -39-points or -0.10% to 39,869.38, briefly topping >40,000 for the time earlier in the session.American Express Co (-0.16%) and Amazon.com Inc (-1.27%) are the two top performing Dow stocks so far this year, up +28.81% and +20.86% respectively year-to-date. However, given the Dow is a price-weighted average it's Caterpillar Inc (down -2.59%) and Goldman Sach Group Inc (-0.34%) that have been the biggest points contributors to the 30-stock index this year to date.
US equity markets advanced as the latest weekly jobless claims figures fuelled fresh optimism around Federal Reserve interest rate cuts - Dow rallied +331-points or +0.85% to 39,387.76 to book its seventh consecutive session advance and highest close since 1 April. The 30-stock index also settled within 1.1% of its 28 March record closing high (39,807.37). Home Depot Inc (up +2.54%) and Caterpillar Inc (+2.11%) climbed over >2% to be the leading index components overnight.
Welcome to CXOTalk episode 807, with Karl Weiss, Chief Technology Officer at Caterpillar, an iconic brand and a leader in construction and mining equipment with over 100,000 employees, $60 billion in revenue, and 1.4 million connected assets globally,With 35 years of experience at the company, Weiss brings a nuanced understanding of how technology shapes business outcomes.Weiss shares Caterpillar's approach to innovation, which is led by customer needs. He highlights the use of autonomous and AI technologies in mining trucks and other heavy equipment, explaining how machine learning, virtual reality, digital twins, and data analytics contribute to safer and more efficient operations. He also mentions Caterpillar's steps towards electric vehicles, sustainability, supply chain resilience, and the exploration of emerging technologies such as autonomy and connectivity.This in-depth conversation includes these issues:► Caterpillar's customer-driven approach to innovation, leveraging autonomy, AI, and machine learning to enhance the safety and efficiency of mining trucks and heavy equipment.► The role of data analytics, digital twins, VR, and telematics in enabling predictive maintenance, remote monitoring, and virtual prototyping, aiding faster development.► Caterpillar's global strategy, focusing on regional talent recruitment, local manufacturing, and collaborations to meet diverse customer needs across different markets.Throughout the discussion, Weiss stresses the alignment of business, technology, and innovation to meet customer demands, sharing insights into managing a large technology portfolio across diverse global markets. Whether you're a senior executive, a technology enthusiast, or someone interested in the confluence of business and tech, this episode promises a deep dive into the practical, strategic, and technical facets of leading a global enterprise in a digitally connected world.Karl Weiss is chief technology officer and a senior vice president of Caterpillar Inc., responsible for the Integrated Components and Solutions (ICS) Division. ICS designs and builds components and systems that are used across the Caterpillar portfolio and also provides technology leadership, engineering, research, validation and manufacturing services to the enterprise.Since joining Caterpillar in 1988, Weiss has had various assignments within product development at Caterpillar's Decatur, Joliet, and Aurora facilities, primarily focused on large machine structural design. He subsequently transferred to Geneva, Switzerland, with Caterpillar Global Mining as an equipment management consultant serving mining customers and dealers in Europe and Africa. Weiss then became the large wheel loader new product introduction manager in Aurora, Illinois. He and his family then moved to Beijing, China, for four years, where Weiss served as the wheel loader product manager for the Asia Pacific region. In that role, he managed the integration of Shandong Engineering Machinery (SEM) as Caterpillar's entry into the China wheel loader market. Weiss served as the worldwide product manager for medium wheel loaders in Aurora. In 2013, the Caterpillar board of directors named Weiss as senior vice president of Earthmoving. He was then named senior vice president of Material Handling & Underground in August 2017 and senior vice president of ICS and chief technology officer in May 2019.Michael Krigsman is an industry analyst and publisher of CXOTalk. For three decades, he has advised enterprise technology companies on market messaging and positioning strategy. He has written over 1,000 blogs on leadership and digital transformation and created almost 1,000 video interviews with the world's top business leaders on these topics. His work has been referenced in the media over 1,000 times and in over 50 books. He has presented and moderated panels at numerous industry events around the world.#cto #autonomousvehicles #caterpillarinc
Take a deep dive into the principles of asset diversification and discover how to spread your investments across various real estate ventures to help you achieve long-term growth and stability. From investing to financing and everything in between, join us as we uncover the key to unlocking the true potential of your property investments. Dial in today!WHAT TO LISTEN FORInvestment diversification: Its different types, perks, and ways to do it properly Equity investing vs. debt financing Why it's crucial to consider the term of your investmentsDifferences between risk and volatilitySignificant real estate insights an investor should know before investing RESOURCES/LINKS MENTIONED Wealthion: http://bitly.ws/PQ63 S&P Global: https://www.spglobal.com/Nasdaq: https://www.nasdaq.com/ J.P. Morgan: https://www.jpmorgan.com/ Walmart: https://www.walmart.com/ Caterpillar Inc: https://www.caterpillar.com/ Robinhood: https://robinhood.com/ CONNECT WITH USTo learn more about investment opportunities, join the Cityside Capital Investor Club.Follow us on Facebook: Cityside CapitalFollow us on Instagram: @citysidecapital_tim_lyonsConnect with us on LinkedIn: Tim LyonsConnect with us via Email: greg@citysidecap.com | tim@citysidecap.com
In this video, we'll perform a CAT stock analysis and figure out what the company looks like based on the numbers. We'll also try to figure out what a reasonable fair value is for Caterpillar Inc. And answer is CAT one of the best Dividend Aristocrat stocks to buy at the current price? Find out in the video above! Global Value's Caterpillar Inc. stock analysis. Check out Seeking Alpha Premium and score an annual plan for just $119 - that's 50% off! Plus all funds from affiliate referrals go directly towards supporting the channel! Affiliate link - https://www.sahg6dtr.com/H4BHRJ/R74QP/ If you'd like to try Sharesight, please use my referral link to support the channel! https://www.sharesight.com/globalvalue (remember you get 4 months free if you sign up for an annual subscription!) Caterpillar Inc. ($CAT) | Caterpillar Inc. Stock Value Analysis | Caterpillar Inc. Stock Dividend Analysis | CAT Dividend Analysis | $CAT Dividend Analysis | Caterpillar Intrinsic Value | CAT Intrinsic Value | $CAT Intrinsic Value | Caterpillar Inc. Intrinsic Value | Caterpillar Inc. Discounted Cash Flow Model | Caterpillar Inc. DCF Analysis | CAT Discounted Cash Flow Analysis | CAT DCF Model | CAT Investment (Recorded October 8, 2022) #CAT #caterpillar #investment #stockmarket #stocks ❖ MUSIC ❖ ♪ "Lift" Artist: Andy Hu License: Creative Commons Attribution 3.0. ➢ http://creativecommons.org/licenses/b... ➢ https://www.youtube.com/watch?v=sQCuf...
In our March 2023 episode, co-hosts Ted Stank and Tom Goldsby speak with Wendi Gentry-Stuenkel, vice president of procurement for Caterpillar Inc., about leadership. A member of the GSCI Advisory Board and recognized industry leader, Wendi spent 20 years in the automotive industry with Fiat Chrysler Automobiles before moving to Caterpillar, where she oversees a large and dynamic team spread over 26 countries. Tune in as Wendi discusses the value of honesty, learning from experience, growth that leads to innovation, mentorship, and more. Related links:Chinese spy balloons and supply chainsConsumer confidence falls for the second straight monthMajor retailers see shifts in consumer spendingTarget and Sam's Club both announce big investments to speed up online deliveryUS petroleum exports at an all-time high amid war in UkraineAfter its derailment in Ohio, Norfolk Southern unveils safety plan as bipartisan bill makes its way through CongressLearn more about Caterpillar Inc. Wendi discusses learning, leading, and listening on The Caterpillar Podcast.
In this NEW monthly special episode, our CEO & Founder Mike Richards sits alongside the amazing Craig Perkins, Head of the UK Practice and Katie Hardie, who heads up our European desk to reflect back on the month just gone and what's to come. We would like to take this opportunity to give a big shout out to one of our great listeners of the show, Tom Balish who suggested doing more episodes on market updates and podcast news.So here we are! On the podcast we discuss…Recap of last month's podcast episodes: Episode 246: Interview with Lee-Ann Perkins and Joel Campbell at the AFP Conference in Philadelphia, discussing personal brandingEpisode 247: Interview with Patrick McCartan, Corporate Treasurer at Caterpillar Inc., discussing career development within a single companyEpisode 248: Revisited episode with Eddie Trahearn, discussing his career move from one role and company to anotherEpisode 249: Interview with Topi Jokiranta, CFO at Rettig Group, discussing the transition from Treasurer to CFOUpcoming podcast episodes in February:Interview with Anshul Patni, Treasurer of Instacart in the USInterview with Baris Gokalp, Treasury Director at Sisecam in TurkeyRevisited episode with Chris Corner, Interim Head of Treasurer at Kingfisher plc, discussing his career journeyInterview with Adam Richford, discussing his role evolution at Renewi Segment on market updates featuring Craig discussing the state of the UK market, Katie discussing the European market, and the host Mike discussing the US market.Segment on conferences and webinars Special focus on the salary survey in the treasury and finance industry.You can connect with Mike Richards on LinkedIn.You can connect with Katie Hardie on LinkedIn.You can connect with Craig Perkins on LinkedInAre you interested in pursuing a career within Treasury?Whether you've recently graduated, or you want to search for new job opportunities to help develop your treasury career, The Treasury Recruitment Company can help you in your search for the perfect job. Find out more here. Or, send us your CV and let us help you in your next career move!If you're enjoying the show please rate and review us on whatever podcast app you listen to us on, for Apple Podcasts click here!If you're interested in learning more about the fundamental pillars of treasury, download my free Corporate Treasury eBook by clicking here!
The norm within many careers is to move around and switch jobs every few years, building your career as you go. But in this episode of the Treasury Career Corner, we hear about a different career approach. Joining this episode is Patrick McCartan, the Vice President and Corporate Treasurer at Caterpillar Inc. Patrick has moved around a lot in his career, having held roles in corporate treasury and dealer finance in the U.S., Mexico, and Luxembourg – but unlike most, this was all within the same company. Patrick originally joined Caterpillar Inc. as a Treasury Manager and worked in several different roles over a seven-year period. He then switched over to Caterpillar Financial Services Corporation, working up to become the Executive Vice President and Chief Financial Officer before making his move back to Caterpillar Inc to his role today. Patrick shares his unique perspective of building a rewarding career and networking within what sounds like a fantastic company to work for. Since 1925, Caterpillar Inc. has been helping customers build a better world – making sustainable progress possible and driving positive change on every continent. It's the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. They do business on every continent, operating through three primary segments – Construction Industries, Resource Industries, and Energy & Transportation. On the podcast we discussed… How Patrick first began his treasury career How technology has made treasury roles evolve over the years What Patrick learned moving between the U.S., Mexico, and Luxembourg Why everything is a team effort in treasury The importance of learning skills on the job Patrick's advice for those wanting to follow a similar career path You can connect with Patrick on LinkedIn. Are you interested in pursuing a career within Treasury? Whether you've recently graduated, or you want to search for new job opportunities to help develop your treasury career, The Treasury Recruitment Company can help you in your search for the perfect job. Find out more here. Or, send us your CV and let us help you in your next career move! If you're enjoying the show please rate and review us on whatever podcast app you listen to us on, for Apple Podcasts click here! If you're interested in learning more about the fundamental pillars of treasury, download my free Corporate Treasury eBook by clicking here!
In the last decades, American businesses have faced growing challenges from within and without. For years, many “blue states” have adopted policies to encourage or even impose social and environmental requirements on companies. Those companies faced a choice: either adopt and manage multiple policies in different states, or adopt the most inclusive version in order to maintain internal consistency.At the same time, some American corporations began explicit efforts to exert influence on political, social, and cultural issues unrelated to their core business. Companies, particularly financial institutions, started issuing proclamations on non-business matters and changing their business to match, declaring that they would no longer deal with XYZ industry, product, or type of energy production. Faced with growing market threats to critical state industries and natural resources, “red states” began to respond, passing laws to counter corporate and state efforts they view as politicizing business. This new pushback is significant, but it complicates matters for in-house counsel trying to navigate the competing obligations from red and blue states. Join us for a panel of experts to discuss these issues and examine possible ways to move forward. Featuring:Mr. Chad Boudreaux, Executive Vice President and Chief Legal Officer, Huntington Ingalls IndustriesMs. Elisebeth Collins, Former General Counsel, WWE; Former Deputy General Counsel & Chief Compliance Officer, Caterpillar Inc.; Former Assistant Attorney General for Legal Policy, U.S. Department of JusticeMr. Harold Kim, Chief Legal Officer and Executive Vice President, U.S. Chamber of CommerceMs. Cheryl Stanton, Chief Legal and Government Affairs Officer, BrightStar CareModerator: Hon Theodore W. Ullyot, Partner, Torridon Group
Mayor Francis Suarez joins Sergio Tigera on Gamechangers LIVE® to discuss his "X-Factor" for success, the importance of family, and the future of Miami, from our FIU Studio at CARTA. Francis is the 43rd Mayor of Miami, and is the President of the US Conference of Mayors for the 2022-2023 term. He is the first Miami-born mayor, he is committed to building a Miami that lasts forever and that welcomes everyone. First elected with a mandate of 86 percent and then re-elected with a mandate of nearly 79 percent, Mayor Suarez has championed the integration of climate adaptive policies, Web 3.0 technology, and a free-market approach to government. SUBSCRIBE To Gamechangers LIVE® and hit the bell icon to make sure you don't miss an episode! Sergio Tigera is a dynamic leader, Speaker and Executive Coach with over twenty years of domestic and international business leadership experience. He is currently CEO of Progress Partners Consulting, a firm specializing in optimizing individual and team performance. He is the founder of the Peak Performance Method™ training, is Host of Gamechangers LIVE® Podcast, the Caterpillar Inc. Power Podcast and is a speaker on Celebrity Cruise Lines. --- Support this podcast: https://anchor.fm/gamechangerslive/support
Dean Brian Schriner joins me on Gamechangers LIVE® from our home studio at FIU's College of Communication, Architecture + The Arts! Brian is an accomplished educator, administrator, fundraiser, strategic thinker, and change maker with a 34-year proven track record of collaboration and success in higher education. He was appointed Dean of the FIU College of Communication, Architecture + The Arts (CARTA) in 2009 and also serves as the university's Cultural Arts Liaison for the Office of the Provost, which includes collaborating with the University's three accredited museums: The Wolfsonian-FIU, FIU Phillip and Patricia Frost Art Museum, and the FIU Jewish Museum of Florida. In support of his vision of “access to excellence,” Brian has strategically enhanced CARTA's student enrollment, faculty and staff, career-ready degree offerings, reputation and brand awareness, financial base, signature partnerships, and physical footprint — all in support of the diverse communities the college serves. Sergio Tigera is a dynamic leader, Speaker and Executive Coach with over twenty years of domestic and international business leadership experience. He is currently CEO of Progress Partners Consulting, a firm specializing in optimizing individual and team performance. He is the founder of the Peak Performance Method™ training, is Host of Gamechangers LIVE® Podcast, the Caterpillar Inc. Power Podcast and is a speaker on Celebrity Cruise Lines. Gamechangers is filmed at Florida International University's College of Communications, Architecture + Arts (#CARTA) in Miami, FL. The show was edited by Lenny Nelson. Reach out to me and let's connect if you would like to discuss how to take yourself and your team's performance to the next level!
This week is all about retail earnings which I went over on Friday. Earnings next week $TGT $WMT $ZIM $SBLK $LOW $HD $TJX $NVDA $CSCO $SONO $BBWI $BABA $M $PANW $Unh - down big - but may be a buy soon. Enphase Energy $ENPH will replace $OKTA in the NASDAQ 100 $QQQ before the markets open on Monday, November 21st Trendspider's sale ends 11/18 - CLICK HERE Ftx drama $Boil $KOLD $TSLA - looks like it's heading back to $200-$220 consolidation. Watching under $190 for lower. $SPY - huge push here. Key level is +$400 for continuation. $AAPL- over $150 for cont here. $AMD- huge break here over $60 that I mentioned last week. Watching +$ My Weekly Stock is our stock-picking strategy delivering more than 300% cumulative returns since 2019 and +9% in 2022. Last week, our stock selection was up 2.2%. Our stock pick for week 46 of 2022 is Caterpillar Inc. ($CAT). Motley fool recommend $net Did you catch our latest recommendation yet? Shortly after our regularly-scheduled monthly recommendation was revealed, internet performance and security platform Cloudflare (NYSE: NET) reported its third-quarter results. The stock dropped by nearly 25% over the next four market days, followed by a 40% upswing within the last two. While short-term volatility can be expected for many Stock Advisor recommendations, the team sees a long-term opportunity to pick up shares of a company with a growing footprint in content delivery services and zero-trust cybersecurity. SCANS $V $NCLH $HSY for Jesse Support the podcast - https://anchor.fm/dailystockpick/support Social Links and more - https://linktr.ee/dailystockpick --- Support this podcast: https://anchor.fm/dailystockpick/support
We're digging deep into Caterpillar stock. What's to like, what we should worry about, and what levels are appealing for entry or exit of a position.
Oral Arguments for the Court of Appeals for the Seventh Circuit
Venequip, S.A. v. Caterpillar Inc.
A conversation with Marty Haycraft, senior vice president of Caterpillar Inc. and president & chief executive officer of Progress Rail, one of the largest integrated and diversified suppliers of railroad and transit products and services worldwide. This is a milestone year for Progress Rail's EMD® brand, the premier provider of diesel-electric locomotive technology, producing freight and passenger locomotives around the globe. EMD is celebrating 100 years in business. Take a ride through history as Haycraft shares the Progress Rail and EMD story, and what it takes to stay a leader in the railroad industry.
Caterpillar Inc., the producer of iconic yellow construction and mining equipment, is moving its headquarters to the Dallas-Fort Worth area, effectively ending its century-long history calling the state of Illinois its home.The machinery producer believes the move will help it attract new talent and improve global access to its employees, customers and dealer network due to the two major airports in the region, according to an email to Bloomberg News. The company said in a statement it will begin shifting its Deerfield headquarters to Irving, Texas, this year, affecting 230 jobs.LIKE & SUBSCRIBE for new videos everyday. https://bit.ly/3KBUDSK
Dan has over 30 years of experience in the power systems and energy industries and has held a variety of leadership positions during his career. In addition to his role at Ideal Power, Dan served as President and CEO of FuelCell Energy Inc., a Nasdaq-listed company with a market cap of over $250 million. He served as the Chief Operating Officer of Petra Solar as well as Gas Turbine Product Manager, for GE's Power Systems Division, a world leader in power generation systems and products. Sergio Tigera is a dynamic leader, Speaker and Executive Coach with over twenty years of domestic and international business leadership experience. He is currently CEO of Progress Partners Consulting, a firm specializing in optimizing individual and team performance. He is the founder of the Peak Performance Method™ training, is Host of Gamechangers LIVE® Podcast, the Caterpillar Inc. Power Podcast and is a speaker on Celebrity Cruise Lines.