Candlestick Chart Analysis as a Confirmation Tool
2010-03-19 07:34:39
Keywords: thomsett,charts,candlestick,harami,caterpillar,price,changes,trendline,charts,confirmation,tools,BUSINESS & MARKETS ,CAT
Quote: This is where some basic candlestick formation come in handy.For example, check the chart for Caterpillar CAT) for the three months ending March 18, 2010. The two lines drawn on the chart are trendlines, the first tracing a rising support and the second on a reversal, tracking the falling resistance. StockCharts.com)harami, which is a Japanese word meaning “pregnant.”haramiharami that not only predicts a reversal but also confirms the end of the rising trendline. The same confirmatio...
Read articleCATERPILLAR INC Files SEC form 8-K, Regulation FD Disclosure
2010-03-19 07:34:39
Quote: Regulation FD Disclosure.
Caterpillar Inc. ("Caterpillar") is furnishing supplemental information
concerning deliveries to users for its Machinery and Engines lines of
business. Caterpillar sells the majority of its machinery and engines to
independently owned and operated dealers and Original Equipment Manufacturers
("OEMs") to meet the demands of their customers, the end users. Due to time
delays between Caterpillar's sales to dealers and dealers' deliveries to end
users, ...
Read articleCaterpillar to lay off 121 at Clayton plant
2010-03-18 08:13:59
Quote: Heavy-equipment maker Caterpillar will cease production of backhoe loaders at its Clayton plant and lay off 121 workers there, company spokesman Jim Dugan said Wednesday.Affected workers at the Clayton facility were given official notice of the layoffs Wednesday, though Caterpillar (NYSE: CAT) had told employees last fall that changes would be coming as the company transforms the Clayton plant into a “global center” for the production of small wheel loaders, Dugan said.Caterpillar wi...
Read article[$$] Alcoa, DuPont and Caterpillar Pace Dow
2010-03-18 08:13:57
Quote: BY DONNA KARDOS YESALAVICH NEW YORK—Stocks climbed to a 17-month high as a drop in producer prices calmed inflation worries and boosted sentiment toward economically sensitive stocks including Alcoa, DuPont and Caterpillar. The Dow Jones Industrial Average closed up 47.69, or 0.5%, to 10733.67, its highest close since Oct. 1, 2008. Wednesday marked the Dow's seventh-consecutive advancing day, representing its longest winning streak since an eight-day run that ended in August. The measure...
Read articleEuropean Stocks Slip Ahead of U.S. Data
2010-03-18 08:13:56
Quote: In the U.S., the consumer price index and jobless claims data at 1230 GMT will be watched closely for clues as to the health of the economy, while the Philadelphia Fed index and leading indicators are due at 1400 GMT.
On Wall Street Wednesday, stocks climbed, pushing the Dow Jones Industrial Average to a 17-month closing high as a drop in producer prices calmed inflation worries and boosted sentiment towards economically-sensitive stocks including Alcoa, DuPont and Caterpillar.
The Dow closed u...
Read article[$$] Wal-Mart Gets Upgrade, Paces Dow
2010-03-16 07:49:57
Quote: BY DONNA KARDOS YESALAVICH NEW YORK—Stocks ended slightly higher, despite declines in Caterpillar and Exxon Mobil on concerns about the global economy, as Wal-Mart Stores led strong gains in the consumer-staples sector following an analyst's rating upgrade. The Dow Jones Industrial Average rose 17.46 points, or 0.2%, to 10642.15, marking its fifth-consecutive day of gains, its longest winning streak this year. Wal-Mart was the measure's best performer, with a jump of $1.52, or 2.8%, to $5...
Read articleJim Cramer's Portfolios of the Week
2010-03-15 03:11:08
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Stockpickr Staff ,Stockpickr
Quote: The first is CaterpillarCAT) talking about moving some manufacturing out of Asia and back to the U.S. Cramer thinks that if Caterpillar is moving plants here, it must mean that demand in the U.S. is strong.The second new tree is coming out of General Motors. The company is about to increase the number of shifts to meet demand and could start paying back the government next quarter.Cramer said the market is moving higher for concrete reasons such as the ones mentioned above. "The green shoots are...
Read articleUS STOCKS-Wall Street ends flat after mixed data
2010-03-15 03:11:07
Keywords: United States of America,Equities,Major Breaking News,Sports International News Service (Reuters),Construction and agricultural machinery,Machinery,Chemicals - agricultural,Chemicals,Department stores,Retailing,Financial services - diversified,Banks (indu
Quote: Caterpillar Inc (CAT.N) jumped 2.5 percent to $60.36 and
ranked as the Dow's top points gainer a day after the heavy
equipment maker said it could triple its current U.S. output
of hydraulic excavators. CF Industries Holdings Inc (CF.N) fell 3.9 percent to
$96.73 after Agrium Inc (AGU.N) abandoned its $5.4 billion bid
for the company, bringing CF closer to clinching a deal with
Terra Industries Inc (TRA.N). Agrium jumped 8 percent to
$72.10. [ID:nN11199837] In other economic data, the Commerce D...
Read articleUPDATE - United Tech sees double-digit 2010 profit growth
2010-03-15 03:11:07
Keywords: Corporate Results Forecasts,Heavy electrical equipment,Aerospace and defense,United States of America,Aerospace and defence,Business activities,Industrial goods,Industrials,
Quote: industrials, including United Tech, General
Electric Co (GE.N) and Caterpillar Inc (CAT.N), are navigating
what thus far has been an uncertain economic recovery in the
United States after a brutal downturn, and are counting on
quicker growth outside the United States to offset sluggish
demand at home. Carrier's chief, Geraud Darnis, said U.S. demand for
residential heating and cooling systems -- which was pounded by
the prolonged housing slump -- appears to have bottomed out.
[ID:N12140164] Unit...
Read articleTwo Ways to Play: Manufacturers Coming Home
2010-03-15 03:11:07
Keywords: caterpillar,economy,china,BUSINESS & MARKETS ,CAT,GE,UDN
Quote: Manufacturers Coming Home CaterpillarCATWall Street Journal, it’s part of a growing trend among manufacturers to bring more operations back home.Last June, General ElectricGE) said it will move production of some water heaters to its facilities in Kentucky beginning in 2011. And just last year, US Block Windows, which purchased a China-based molding operation, decided to move production from Asia to its headquarters in Pensacola, Florida. From the Bull Pen: As the dollar continues to weake...
Read articleClayco wins contract for new Caterpillar distribution center
2010-03-12 05:12:08
Quote: will be the contractor for Caterpillar’s new distribution center in Clayton.St. Louis, Mo.-based Clayco was informed Wednesday it won the design/build contract from Caterpillar Logistics Services Inc.The total project investment, including the new facility, is expected to reach $65 million. When fully staffed, the Clayton site is expected to employ 500 to 600 people.The company — which recently built the Payless distribution center in Brookville — said it will be looking for Da...
Read articleCaterpillar may expand US excavator production
2010-03-12 05:12:08
Quote: (AP) -- Caterpillar Inc., the world's largest maker of mining and construction equipment, said Thursday it is considering building a new factory in the U.S to produce hydraulic excavators, a common piece of construction equipment.Japan.The new facility would also take over production of two models currently built in Aurora, Ill., and triple the company's domestic production capacity.Caterpillar said the move would "significantly increase" the company's domestic employment in the U.S. that is ded...
Read articleCaterpillar mulls new U.S. excavator facility
2010-03-12 05:12:07
Keywords: Industries|Machinery/Industrial Goods, CAT, Caterpillar Inc, INDU, Dow Jones Industrial Average
Quote: WSJ's Josh Chin reports from Beijing, where even doctors can have a hard time affording a decent house.Caterpillar/quotes/comstock/13*!cat/quotes/nls/cat(CAT58.90,+0.12,+0.20%) said it is looking specifically at building a new hydraulic excavator facility. Caterpillar, based in Peoria, Ill., has production facilities in Belgium, Brazil, China, France, Indonesia, Russia and Japan, but its facility in Aurora, Ill., is currently the only one making excavators domestically."Such a move could triple ...
Read articleUPDATE - Caterpillar might build excavator facility in U.S.
2010-03-12 05:12:06
Keywords: Construction and agricultural machinery,Machinery,United States of America,Japan,Asia,Labour; Employment; Unemployment,Industrial goods,Industrials,
Quote: UPDATE 2-Caterpillar might build excavator facility in U.S.
*Move would triple CAT's US output of earth-moving machines*Would allow Japanese plant to focus on Asian demand*Would create hundreds of jobs in CAT's US operations(Recasts first sentence, adds details on proposed move,
industry background, changes dateline previously NEW YORK) By James B. Kelleher CHICAGO, March 11 (Reuters) - Caterpillar Inc (CAT.N) said
on Thursday it may build a new hydraulic excavator plant in the
United States, a ...
Read article[$$] Caterpillar Joins 'Onshoring' Trend
2010-03-12 05:12:05
Quote: BY KRIS MAHERAND BOB TITACaterpillar Inc. is considering relocating some heavy-equipment overseas production to a new U.S. plant, part of a growing movement among manufacturers to bring more operations back home—a shift that will likely spark fierce competition among states for new manufacturing jobs. The trend, known as onshoring or reshoring, is gaining momentum as a weak U.S. dollar makes it costlier to import products from overseas. Manufacturers are also counting on White House jobs...
Read articleThe Case for Cuban Oil
2010-03-11 04:43:12
Keywords: oil,google,cuba,bp,exxon,mobil,chevron,bp,conocophillips,shell,ge,abbott,caterpillar,libya,drilling,china,BUSINESS & MARKETS ,GOOG,XOM,CVX,BP,COP
Quote: Prohibiting US companies from developing [Cuban] resources…is an Alice in Wonderland approach to policy that must be revisited.”Alamar Associates -- a firm that advises US companies interested in pursuing business opportunities with Cuba when the antiquated embargo is ultimately lifted -- has worked with companies both in the oil industry and otherwise, including Abbott LabsABT), General ElectricGE), and Caterpillar CAT), to name but a few.“Maintaining the embargo means that w...
Read articleUPDATE - Ingersoll to stop parts, product sales to Iran
2010-03-10 06:35:02
Keywords: Industrial machinery and equipment,Automobiles and components,Machinery,United States of America,Iran (Islamic Republic of),Middle East,Construction and agricultural machinery,Chemicals - Speciality,Chemicals,Industrial conglomerates,Consumer electronics,
Quote: The group has said General Electric Co (GE.N), Huntsman
Corp (HUN.N) and Caterpillar Inc (CAT.N) have agreed to sever
ties with Iran. In its letter, Ingersoll questioned UANI's tactics, saying
the group exerted pressure on the company via the media
"without regard to factual accuracy or even our input." Ingersoll also denied UANI's contention, made in a letter
to the company last week, that Ingersoll had violated
regulatory disclosure rules, or was sanctioned by the U.S.
Securities and Exchange ...
Read articleUPDATE - GE to take on bulk of Navistar finance operations
2010-03-10 06:35:02
Keywords: Financials,Banks (industry group),Industrial conglomerates,Consumer electronics,Household durables,
Quote: manufacturers including Caterpillar Inc (CAT.N),
Textron Inc (TXT.N) and Harley-Davidson Inc (HOG.N) have
finance units that write loans to stimulate sales of their
products. They regard it as a fairly secure business since
their collateral is equipment they have made and have
experience selling. GE's finance arm traces its history to loans to consumers
who wanted to buy its appliances. Today, it has expanded to
include businesses as disparate as leasing aircraft and issuing
store credit cards. ...
Read articleCaterpillar Trade Backs Price Levels
2010-03-10 06:35:01
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, OptionMonster ,Options/Futures
Quote: By Chris McKhann , analyst atOptionMonsterTheStreet) -- The big option trade of the day for CaterpillarCAT) appears to be a bet that the stock won't fall back to where it found support just a month ago.CAT was up 0.46% on Tuesday, finishing the session at $59.18. It remains below the 52-week high of $64.42 set on Jan. 11 but recovered nicely from support down near $50, where the price was a month ago.OptionMonster's real-time systems detected one block of 25,000 of the August $52.50 puts traded ...
Read articleUPDATE - Caterpillar head forecasts 3.4 percent GDP growth
2010-03-10 06:35:01
Keywords: Washington / US Government News,Regulation and enforcement,Management issues/policy,Legislation,Judicial processes/court cases/court decisions,Domestic Politics,Construction and agricultural machinery,Machinery,United States of America,Commercial services
Quote: UPDATE 1-Caterpillar head forecasts 3.4 percent GDP growth
* Caterpillar's Owens sees robust emerging market recovery * Says economic recovery in developed areas more sluggish * Sees "pretty solid recovery" over next 3 to 4 years By Dan Margolies WASHINGTON, March 9 (Reuters) - The chief executive of
Caterpillar Inc (CAT.N) on Tuesday forecast a 3.4-percent
increase in U.S. and global GDP in 2010, a forecast that is
slightly higher than recent consensus estimates. Jim Owens, head of the world's...
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