Business
Caterpillar Prepares for Prolonged Sales Hit – The Wall Street Journal
Machinery giant said revenue in the U.S. dropped more than 40% in the second quarter
The coronavirus crisis is sapping demand for Caterpillar Inc.s giant machinery from builders and miners around the world.
Caterpillar said Friday that its revenue in the U.S. dropped more than 40% in the second quarter, and that demand from final customers fell around 22%. The company said it expects a similar decline for its third quarter.
With……
Continue Reading
-
Business17 hours agoCould a small investor today match the historic returns of Warren Buffett?
-
Business11 hours agoAustralian rare earths companies trading at record levels as China tightens export controls
-
Business9 hours agoWhat’s Macquarie’s price target on Mineral Resources shares?
-
Noosa News22 hours agoHomicide investigation, Torquay – Sunshine Coast