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Dow slips after Caterpillar misses profit expectationsThe heavy equipment company that is a bellwether for the U.S. economy also was less optimistic for 2019 than analysts had assumed, a sign that it may see the global economy slowing. I’m afraid to look. Caterpillar Misses profit expectations? Can anyone say steel tariffs? What a shock.😒 China has thousands of empty housing units & ghost metropolises. Trump can’t even agree with himself on what a fence vs a wall is.
Source: washingtonpost - 🏆 95. / 72 Read more »
Ford misses profit estimates as pension and layoff costs erode earningsFord's reorganization plans showed up in its fourth-quarter earnings Wednesday as pension and layoff costs eroded the company's profit and caused it to miss earnings estimates — despite posting stronger-than-expected sales. Ford needs to stop making so many sedans. The consumer marketplace is demanding SUVs and trucks! The Unions don’t want to hear that reality but it is the truth. gwestr they won't last long
Source: CNBC - 🏆 12. / 72 Read more »
Caterpillar misses big on earnings and guidance.Caterpillar reported fourth-quarter earnings on Monday that missed expectations, sending shares sinking by nearly 6% in pre-market trading.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Cloud, services fuel IBM's profit beat, robust outlook; shares jumpIBM Corp beat analysts' fourth-quarter earnings estimates and forecast full... Tumble out of bed IBM 👏🏽 Am I missing some thing here. How do they profit from it when by in large it is free to use?
Source: Reuters - 🏆 2. / 97 Read more »