April 8 (Reuters) - Caterpillar (CAT.N), opens new tab said on Wednesday that finance chief Andrew Bonfield will retire in October, and named company veteran Kyle Epley as his successor. Bonfield ...
Caterpillar and Doosan Bobcat are suing each other over alleged patent infringements on various products. Bobcat initiated the legal action in December, accusing Caterpillar of copying its patented ...
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Caterpillar appointed Kyle Epley as chief financial officer, effective May 1. Epley, a veteran of the construction equipment company, will succeed Andrew Bonfield, who will transition to an advisory ...
Caterpillar is rated a buy, supported by strong backlog, secular AI-driven power demand, and cyclical recovery in construction and mining. CAT's revenue growth is underpinned by a $51 billion backlog, ...
Caterpillar is undergoing a structural transformation, driven by surging power and energy demand from AI data centers, not traditional cyclical markets. I rate CAT a Strong Buy with an $880 price ...
Caterpillar Inc. became an “AI darling” out of the blue because of the heightened power demand brought on by the spread of data centers. However, sentiments have shifted, and its stock is now on a ...
The U.S. State Department told CNBC on Thursday that it was "very troubled" by Norway's $2 trillion wealth fund selling its stake in New York-listed Caterpillar. Fund management said last week that ...
Caterpillar, Inc. engages in the business of manufacturing construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. It ...
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