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Latest in Caterpillar’s stock drops as weak equipment sales lead to a rare profit miss

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  • Lucid CEO defends $1.75 billion capital raise following stock drop

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    Johnson & Johnson reported better-than-expected third-quarter sales and raised its full-year revenue guidance.
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  • BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit

    British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.
    Business - CNBC - Yesterday

  • Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts

    The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expenses
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    Wireless and fixed-network equipment maker Nokia has reported better-than-expected third quarter earnings, mainly on the back of cost cutting measures, but saw its sales dive 8% largely due to a ...
    Tech - ABC News - October 17

  • Kering Warns on Profit After Sales Slump Due to Gucci Revamp, Asia Woes

    The French luxury group posted third-quarter revenue below analysts’ estimates and said it expects operating profit to nearly halve this year.
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  • Treasury yields jump after better-than-expected retail sales, drop in jobless claims

    U.S. Treasury yields were higher on Thursday as investors parsed the latest economic data.
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  • Trump-backed crypto coin misses $300 million sales target, raises less than $12 million

    Trump-backed token sale misses project targets one day into launch.
    Business - CNBC - October 16
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Topics
  • Caterpillar’s Stock Drops
  • Stock Drops Weak
  • Drops Weak Equipment
  • Weak Equipment Sales
  • Equipment Sales Lead
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