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Caterpillar results bad news for heavy equipment dealers

Caterpillar Inc.’s disappointing fourth-quarter earnings result is bad news for Canada’s heavy equipment dealers, says Benoit Poirier, analyst at Desjardins Securities.

“In terms of trading, we expect the shares of Finning International Inc., Toromont Industries Ltd., Wajax Corp. 159 more words

Trading Desk

Caterpillar Inc's brutal quarter: Profit drops 25% from year earlier as depressed commodity prices bite

CHICAGO — Caterpillar Inc on Tuesday reported lower quarterly net profit that missed expectations as lower prices for copper, coal and iron ore hurt mining equipment orders, and warned the recent fall in oil prices would make for a difficult year in 2015. 190 more words